Eastern Europe’s total GDP was $2.8 trillion in 2016, accounting for 4% of global GDP, according to the IMF. The region’s GDP is expected to grow at a CAGR of 6% during 2016-2020. Eastern Europe had a population of around 335 million in 2016.
Fungicides was the largest segment in the pesticide and other agricultural chemicals market with around 62% share of the market. Herbicides was the second largest segment with around 29% share of the pesticide and other agricultural chemicals market. Insecticides was the third largest segment with around 9hhn% share of the pesticide and other agricultural chemicals market.
New Product Development Companies in the fungicide market continue to develop new products to increase their share in the industry. Increasing demand for quality and environment friendly fungicide will drive the research and development of new fungicides. In June 2017, Japan’s Sumitomo Chemical and Germany’s BASF agreed to collaborate for the development of a new fungicides based on a fungicidal compound discovered by Sumitomo Chemical which is expected to be efficient in controlling major plant diseases . In 2016, Switzerland based, Syngenta AG, received approval for the first ever fungicide based on a new carboxamide class active ingredient called Adepidyn. It is expected to be highly effective on difficult-to-control diseases such as Fusarium, which cause severe crop damage.
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400 pages •
By The Business Research Company
• Jan 2021
Major companies in the pesticides and other agricultural chemicals market include Bayer AG; Syngenta AG; BASF SE; Dow Chemical Company and China National Chemical Corporation(Chemchina). The global pesticide and other agricultural chemicals market is expected to grow from $80.27 billion in 2020 to $84.82 billion in 2021 at a compound...
Sowing seeds: Food security concerns are forecast to increase demand for crop-protection products Abstract Pesticide Manufacturing in Australia The industry includes companies that manufacture chemicals designed to control pests, weeds or fungi. Its three main product types are herbicides, fungicides...
Exterminating demand: Industry revenue is expected to fall in 2020-21 following years of strong growth Abstract Pest Control in the UK Companies in the industry provide disinfecting services. They also exterminate insects and other pests and offer fumigation services. The industry does not cover the...
Abstract Chemical Pesticide Manufacturing in China The Chemical Pesticide Manufacturing Industry in China formulates and prepares agricultural and household pest control chemicals. Key products include pesticides (e.g. herbicides, insecticides and fungicides) and agricultural chemical products, such as insect...
Lack of chemistry: The COVID-19 pandemic has reduced demand from key markets Abstract Industrial and Agricultural Chemical Product Wholesaling in Australia Industry companies wholesale a range of basic and specialty industrial and agricultural chemicals, and allied products. These products are sourced...
59 pages •
By Asia Market Information & Development Company
• Sep 2020
This study focuses on China’s Agriculture Chemicals industry assessments and company profiles. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China...
The Global Soil Treatment Market valued at USD 36.5 billion in 2018 and is estimated to grow at a CAGR of 6.2% during the forecast period 2020-2025. Soil treatment can be used to treat the contaminated soil and convert it into usable agricultural soil. It helps to enhance the performance of the soil and soil fertility as well. This treatment...
Abstract Global Biotechnology Over the five years to 2019, IBISWorld expects revenue for the Global Biotechnology industry to increase with more profound growth tempered by falling investor confidence worldwide. Still, a jump in investor confidence and research and development funding in 2019 is expected to...
Report Scope:
This research report presents an in-depth analysis of the global agrochemical market by product type and regional geographic markets.It covers the major categories of agrochemicals used for crop protection across the globe.
The evolving trends and ongoing research and developments in the field of...
Executive Summary The Agrochemical Market was valued at USD 64,038.00 Million in the year 2018. The Agrochemical market is basically driven by increase in population at the growing rate. The population has been increasing at an alarming rate but with the increase in the population the land available for agriculture is declining....
Agrochemical
World
Agricultural Area
Pesticide Consumption
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