Eastern Europe Pesticide And Other Agricultural Chemicals Market Report 2017

Eastern Europe Pesticide And Other Agricultural Chemicals Market Report 2017

  • October 2017 •
  • 57 pages •
  • Report ID: 5169775 •
  • Format: PDF
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.
Loading...

We are very sorry, but an error occurred.
Please contact support@reportbuyer.com if the problem remains.