Quantcast

Agrochemicals (Fertilizers, Pesticides) Market to Grow $242.8 Billion at a CAGR of 3.6% By 2018 – New Report by MarketsandMarkets

February 25, 2014

Agrochemicals market research report segments the global market on the basis of product type, their sub-types and geography; forecasting volume and revenue. (http://www.marketsandmarkets.com/Market-Reports/global-agro-chemicals-market-report-132.html)

(PRWEB) February 25, 2014

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 and 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."

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

Early buyers will receive 10% customization on this report.

Enquiry before buying at http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=132.

The major function of agrochemicals 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.

Download Free PDF Sample Today!

http://www.marketsandmarkets.com/pdfdownload.asp?id=132

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

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

http://www.marketsandmarkets.com/Market-Reports/asia-pacific-crop-protection-chemicals-market-1130.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan

North – Dominion Plaza

17304 Preston Road

Suite 800, Dallas, TX 75252

Tel: +1-888-6006-441

Email: sales(at)marketsandmarkets(dot)com

Visit MarketsandMarkets Blog: http://www.marketsandmarketsblog.com/market-reports/chemical

Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets

For the original version on PRWeb visit: http://www.prweb.com/releases/agro-chemicals-market/MM/prweb11614246.htm


Source: prweb



comments powered by Disqus