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Agrochemicals Market worth $242.8 Billion by 2018

February 14, 2014

DALLAS, February 14, 2014 /PRNewswire/ –

The report “Agrochemicals Market by Type (Fertilizers, Pesticides), by Fertilizer Type
(Nitrogenous, Potassic, Phosphatic), by Pesticide Type (Organophosphates, Pyrethroids,
Neonicotinoides, Bio-Pesticides), & Sub-types – Global Market Trends & Forecast to 2018″,
defines and segments Agrochemicals Market with analysis and forecasting of market demand &
revenue. This market would grow from an estimated $203,567.6 million in 2013 to $242,757.8
million by 2018, with a CAGR of 3.6% from 2013 to 2018.

Browse more than 117 market data tables with 27 figures spread through 234 pages and
in-depth TOC on “Agrochemicals Market – Global Market Trends & Forecast to 2018″

http://www.marketsandmarkets.com/Market-Reports/global-agro-chemicals-market-report-132.html

Early buyers will receive 10% customization on reports.

The major function of Agrochemicals Market is to address the problem that hinders the
growth of crops. It is a widely used term that includes fertilizers and pesticides.
Agrochemicals help to increase the productivity of the crops by supplying needed nutrients
and providing protection from various diseases, without harming the environment. Thus, the
focus of industry players is not only to develop and launch agrochemicals, but also to
train its end-users about the proper use of these chemicals. The tightening environmental
regulations in developed regions such as North America and Europe are making it difficult
for the manufacturers to sell their conventional products in these regions. Hence, they
are bound to develop new products that fulfill environmental norms. It has, thus, become
important for them to find a right balance between the product performance and content of
their product.

According to the estimates, Asia-Pacific leads the market for Agrochemicals with 41.3%
share in demand at global level in 2012, followed by Latin America (17.0%), North America
(15.4%), Europe (7.8%), and Rest of the World (18.5%). Looking at fertilizers type,
Nitrogenous fertilizers occupied 68.4% and Organophosphates occupied 73.0% share in demand
in their respective agrochemicals type.

The growth of the Agrochemicals Market has been studied through in-depth analysis of
major factors that are driving the market such as growing population and increase in
demand for food with opportunities in the development of environment friendly and rising
consumer awareness for agrochemicals. However, the increasing environmental concerns and
availability of other environment friendly alternatives are proving to be the major
restraining factors for the market.

Browse related reports

Crop Protection Chemicals Market by Types (Herbicides, Fungicides, Insecticides,
Bio-pesticides and Adjuvants), by Crop Types, by Geography: Global Trends and Forecast to
2018

http://www.marketsandmarkets.com/Market-Reports/crop-protection-380.html

Global Biopesticides Market – Trends & Forecasts (2012 – 2017)

http://www.marketsandmarkets.com/Market-Reports/biopesticides-267.html

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