BRICS Crop Protection Chemicals Market Outlook- 2017-2022
BRICS Crop Protection Chemicals Market Size Type (Synthetic, Natural), Use (Herbicides, Insecticides, Fungicides, and Others), Crop Type (Cereal & Grains, Oilseed & Pulses, Fruits & Vegetables), Application (Spraying, Dusting, Seed Treatment, Soil Treatment, Volatilization, and Others), and Form (Solid And Liquid) – Opportunity Analysis and Industry Forecasts to 2022
BRICS crop protection chemicals market is expected to grow at a CAGR of 6.2% during the forecast period to reach USD 29,192.1 million by 2022. This growth is mainly attributed to the growing population across this group of countries which creates the burden on the agricultural sector to increase the production, in order to ensure its entire population is well fed. Also, the factors like reduction in arable areas and growing losses of crops because of pests stimulates the end farmers to increase the use of crop protection chemicals to ensure the desired yield. However, stringent government regulations and growing preference for the organic foods is expected to hinder the growth of this market to some extent.
BRICS crop protection chemicals market is segmented by type (synthetic, natural), use (herbicides, insecticides, fungicides, and others), crop type (cereal & grains, oilseed & pulses, fruits & vegetables), application (spraying, dusting, seed treatment, soil treatment, volatilization, and others), and form (solid and liquid). Among all the uses, herbicides commanded the largest share in the BRICS crop protection chemicals market in 2016, primarily due to the increasing usage in Brazil, China, and India to minimize the crop losses and to meet the rising burden of food security. Geographically, the BRICS crop protection chemicals market is segmented into Brazil, Russia, India, China, and South Africa. Brazil accounted for the major share in the BRICS crop protection chemicals market in 2016, followed by China, and India.
The key players operating in the BRICS crop protection chemicals market are BASF SE, Syngenta AG, E.I. DUPONT De Nemours And Company, FMC Corporation, Sumitomo Chemical Co., Ltd, Bayer CropScience AG, Nufarm Limited, The Dow Chemical Company, Monsanto Company, ADAMA Agricultural Solutions Ltd., and Platform Specialty Products Corporation.
Scope of the Report:
Market by Type of Chemicals:
Market by Use:
Market by Crop Type:
Cereals & Grains
Oilseed & Pulses
Fruits & Vegetables
Market by Application:
Market by Geography:
Key questions answered in the report-
Which are the high growth market segments in terms of types, use, application, crop type, form, and countries?
What is the historical market for BRICS crop protection chemicals across these nations?
What are the market forecasts and estimates from the period 2015-2022?
What are the major drivers, restraints, opportunities and trends in the BRICS crop protection chemicals market?
What are the recent developments in the BRICS crop protection chemicals market?
What are the different strategies adopted by the major players in the BRICS crop protection chemicals market?
What are the geographical trends and high growth countries?
Who are the local emerging players in the BRICS crop protection chemicals market and how do they compete with the global players?
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