A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Agrochemicals
Market.
The study, titled “Agrochemicals
Market
- Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2016 - 2024”,
is available for sale on the firm’s website.
Agrochemicals
include specialty chemical products such as synthetic fertilizers,
pesticides, hormones, and chemical growth agents, which are used in
agriculture, floriculture, and horticulture. Agrochemicals function
to protect crops, improve crop yields, and maintain the food and soil
quality. Another function of agrochemicals is to modify the growth
process of plants. Agrochemicals aid farmers in meeting the food
demands of the growing population by increasing the per hectare
cultivation, and this is subsequently leading to a higher return on
investment.
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FREE Sample pages of premium Research Report :
The
agrochemicals market can be broadly categorized into fertilizers and
pesticides. Fertilizers are further segmented into phosphatic,
potassic, and nitrogenious. Similarly, pesticides are classified into
bio-pesticides, herbicides, and insecticides. The agrochemicals
market is considered to be one of the most important segments of
agricultural-inputs as it helps in expansion of commercial
cultivation, enabling the fulfilment of diversified food demand.
The
report is a comprehensive analysis of the market and gives a detailed
information on the market dynamics such as drivers, restraints,
trends, and opportunities. The revenue share of key companies
operating in the global agrochemicals market is given in the report.
The report includes information regarding the threat of new entrants,
threat of substitutes, and bargaining power of buyers and suppliers
have been included. It also discusses the value chain analysis and
the impact of various government regulations.
Overview
of the Agrochemicals Market
With
scarcity of land and water, there has been an increased focus on the
adoption of newer technologies that can help boost crop yield. As
such, agrochemicals are witnessing a significant demand since farmers
are striving to achieve nutritive and high quality crop production.
One of the primary factors driving the growth of the global
agrochemicals market is the increased demand for food grains on
account of the growing population. The limited availability of arable
land owing to urbanization has also led to the growth of the
agrochemicals market.
There
are a number of factors impeding the growth of the agrochemicals
market. The development of safe alternatives such as organic
pesticides and bio-farming are posing a threat to the market. It has
been found the prolonged use of agrochemicals has adversely affected
the health of consumers and also the environment. Cancer, diabetes,
autism, Alzheimer’s, and asthma are some of the diseases linked to
the prolonged use of agrochemicals. Additionally, agrochemicals get
accumulated on the land surface and may even contaminate ground
water.
Governments
across countries have imposed various regulations to limit the use of
harmful chemicals, hampering the growth of the global agrochemicals
market. However, the high growth potential in emerging markets and
untapped regions is expected to provide growth opportunities for
players in the market.
Browse
the full Research report at:
On
the basis of geography, Asia Pacific is expected to show significant
growth in the market owing to a high demand for agrochemicals from
China, Japan, and India. The Rest of the World will also witness
growth in the market. On the other hand, North America and Europe are
expected to witness sluggish growth in the coming years.
Players
in the Global Agrochemicals Market
BASF
SE, Haifa Group, Yara International ASA, Syngenta AG Bayer
CropScience AG, Zuari Agro Chemicals Ltd., Dow AgroSciences LLC, and
Gharda Chemicals Limited.
Major
geographies analyzed under this research report are:
- Europe
- North America
- Asia-Pacific
- Rest of the World
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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