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MarketsandMarkets: Global Agrochemical Market Worth $196 Billion by 2014

Posted on: Wednesday, 2 September 2009, 07:30 CDT

WILMINGTON, Delaware, September 2 /PRNewswire/ -- According to a new market research report, 'Global Agrochemical Market (2009 - 2014)', published by MarketsandMarkets ( http://www.marketsandmarkets.com), the total global Agrochemical market is expected to be worth $196 billion by 2014, and the Asia market will account for nearly 43.1% of the total revenues. The global Agrochemical market is expected to grow at a CAGR of 10.4% from 2009 to 2014.

Browse 80 market data tables and in-depth TOC on Agrochemical market. Early buyers will receive 10% customization of reports.

http://www.marketsandmarkets.com/Market-Reports/global-agro-chemicals-mar

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With a growing global population, the pressure on the limited agricultural land is increasing and to meet this demand, the agro-chemicals have proved to be a rescue. Agro-chemicals, which includes fertilizers and pesticides, give the boost to the agricultural yield for agricultural land by providing nutrients and protecting the crops against pests and non-essential herbs. Agrochemical product market is segmented into fertilizers and pesticides. Out of it, fertilizers are estimated to contribute 57% of global agrochemical revenue in 2009.

With all the large agricultural nations like U.S, Brazil, China, India, Canada, Argentina, and Australia acting towards increasing their food yield for internal consumption as well as for export, the governments in these countries are encouraging the extensive usage of these agrochemicals. This has in turn boosted the market, prompting companies to spend extensively on the research and development of new chemicals and improving upon the performance of the existing ones. This has acted as a most important positive push for the market and with the government support and initiatives, this market is sure to grow at a decent pace for the next several years.

China and India are the world's largest consumer of agrochemicals, which made Asia the dominating market; accounted for 43.1% of global agrochemical revenue in 2008. U.S. is estimated to be second largest with 18.5% share of the market.

Scope of the report

This report, aims to identify and analyze agrochemical market as per products, characteristics and usage, and the benefits which these agrochemical provides.

The report segment the global agrochemical market into following micro market:

- Fertilizers: Nitrogenous, Phosphatic, potassic - Pesticide: Oragnochlorine, Organophosphates, Pyrethroids, Neonicotinoids, Biological insecticides and others

The agrochemical market is also categorized as per the benefits of its various products, which aid the development of:

- Nutrients: Micronutrients, macronutrients - Protectionagainst: Unwanted herbs, Fungus and bacteria, Insects and parasites

The agrochemical market is also categorized as per the characteristics of the agrochemicals

Fertilizers characteristics: Complete inorganic fertilizers, Special purpose fertilizer, Liquid fertilizers, Slow-release fertilizer, Fertilizer with insecticide, Multi-Nutrient Fertilizers, Compound Fertilizers, Complex fertilizers, Blended fertilizers Pesticides characteristics: Insecticide, Herbicides, Fungicides

Each section will provide market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide more than 80 market tables for various geographic regions covering the sub-segments and micro-markets. In addition, the report also provides 40 company profiles for each of its sub-segments.

Analyst Briefings on 23rd Sep 2009 The chemicals practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Global Agrochemical market to be held on 23 Sep 2009. The briefing on the Global Agrochemical Market (2009-2014) will benefit the Agricultural chemicals manufacturers, Petrochemical/raw material suppliers, Research Labs, Large farming companies/groups, and Government/Non-government organizations

To register your participation, please click here http://www.marketsandmarkets.com/AnalystBriefing/analyst-briefing-global-agro -chemical-market.asp

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About MarketsandMarkets

MarketsandMarkets is a research and consulting firm that publishes 120 market research reports per year. Each strategically analyzed report contains 250 pages of valuable market data, including more than 100 market data summary tables and in-depth, five-level segmentation for each of the products, services, applications, technologies, ingredients and stakeholders categories. Our reports also analyze about 200 patents, over 50 companies and micro markets that are mutually exclusive and collectively exhaustive. Browse all our 120 titles at http://www.marketsandmarkets.com.

SOURCE Markets and Markets

Source: PR Newswire

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