Chemicals that enhance crop yield by protecting the crops from weeds and other harmful crop diseases. The crop protection chemicals include insecticides, herbicides, and fungicides that are used in the agricultural sector to prevent the growth of unwanted mites, weeds, pathogenic fungi, insects, etc. These chemicals are utilized in farming operations for several applications like foliar sprays, refineries, improving production, treatment of seeds and soil, etc. to ensure sufficient food availability for the increasing global population.
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Investments in sustainable chemicals to inhibit soil pollution are providing a secure solution for enabling the production of crops while maintaining food safety and security standards. These new and improved techniques are catering to the increasing awareness regarding food safety and security, which is contributing to the advancement of the global crop protection market. However, residual problems and excessive utilization of pesticides are hampering the further development of this market.
Some of the key insights about the global crop protection chemicals market are given below:
- The global crop protection chemicals market has five key regions viz. Europe, Latin America, North America, Middle East and Africa, and Asia Pacific that provide us with a better understanding of its working dynamics. Currently, the market is expected to be dominated by the North America and Asia Pacific region owing to the technological advancements that are increasing the crop yields, as well as the growing cognizance regarding food security.
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- The leading players in the global market for crop protection chemicals are expected to witness substantial progress due to the focus on strategical development of innovative crop protection products in the coming years of the forecast period. Some of the leading brands in the global market include names such as UPL Limited, BASF SE, PI Industries, Dow Chemical Corporation, Bayer CropScience Corporation, Cheminova, Bioworks Incoporation, Rotam Cropsciences Limited, Arysta Lifesciences Corporation, Nufarm Limited, Hansen, FMC Corporation, Sumitomo Chemical Corporation, Corteva, and Syngenta AG among others.
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