Global Crop Protection Chemicals Industry is Expected to Reach USD 71.3 Billion in 2018: Transparency Market Research

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Global Crop Protection Chemicals Industry is Expected to Reach USD 71.3 Billion in 2018: Transparency Market Research

PR Newswire ALBANY, New York, August 22, 2012

ALBANY, New York,August 22, 2012/PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Crop Protection Chemicals Market-Global Industry Size, Market Share, Trends, Analysis and Forecast, 2011 - 2018," the global crop protection market was worthUSD 48.0 billionin the year 2011 and is expected to reachUSD 71.3 billionby 2018, growing at a CAGR of 5.4% from 2011 to 2018. Herbicides formed the largest category in the overall crop protection market, contributing aboutUSD 19.9 billionfor the year 2011. Browse the full report at http://www.transparencymarketresearch.com/crop-protection- market.html Herbicides, fungicides and insecticides are the foremost product segments in the global crop protection market. The herbicides market will experience both the highest growth rate as well as highest volume traded in the next six years. The expected growth rate of herbicides for the given period is computed to be 6.1%, which is followed by fungicides with 5.6% of growth rate over the year 2011 to 2018. The major influencing factors in the crop protection market are shrinking arable land, the paradigm shift in farming practices, increased purchasing power and the resultant improvement in the standard of living. Pesticides protect the plants from various weeds, nematodes and fungus, thus raising the yield production. Increased awareness for crop protection in developed nations like the U.S, better and effective utilization of pesticides along with adoption of high end technologies are key growth drivers for the market.

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MDI Industry Research TDI Industry Research PU Industry Pesticides Industry Plastic Additives Specialty Surfactants Biosurfactants Market Size Biodegradable Plastics Synthetic Biology Industry Cancer Stem Cells Market Asia Pacificaccounted for majority of the global crop protection market in 2011 and is expected to do so till 2018; howeverLatin AmericaandNorth America

markets are expected to grow at a higher rate. Key market players profiled in the report include Bayer, Syngenta, BASF, Dow Agroscience, Monsanto, Dupont, Makhteshim Agam, NuFarm, Sumotomo Chemicals andArystya Lifescience. This research is specially designed to estimate and analyze the demand and performance of pesticide products across the globe. The research provides in- depth analysis of crop protection product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global crop protection market and provides in- depth analysis, historical data and statistically refined forecast for the segments covered. Browse all Chemical& Materials Market Research Reports Upcoming Reports inChemical & Materials Market Food Preservatives Market Polycrystalline Silicon Market Ferro Silicon Market Strained Silicon Market Silicon Carbide Abrasives Market Advanced Ceramics Market Lubricating Oil Market Enzymes Market Adipic Acid Market Concrete Admixtures Market About Us Transparency Market Research is a global 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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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. Contact Sheela AK 90 Sate Street, Suite 700 Albany, NY12207 Tel: [phone] USA- Canada Toll Free: 866-552-3453 Email:[e-mail] Blog:http://blog.transparencymarketresearch.com/http://www.salisonline.org/