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Crop Protection Chemicals Market Expected to Reach $66,527.8 Million by 2018 - Report by MarketsandMarkets
Date:8/16/2014

for natural bio-pesticides has been rising steadily in all parts of the world.

At present bio-pesticides hold only 2.5% of the global crop protection market, but advantages over conventional pesticides that bio-pesticides can be very effective in small quantities and thus offering lower exposure, they decompose quickly, leaving virtually no harmful residue and allowing field re-entry almost immediately after application.

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The global Crop Protection Chemicals Market is expected to grow at a CAGR of 3.2% by volume and 5.3% by revenue from 2011 to 2016. North America was the most active market, in terms of strategic initiatives in 2010, owing to its mature demand.

Chlorine is one of the most important raw materials used in manufacturing of wide variety of pesticides. Dynamic price change trend of chlorine since last three years have had a wide impact on the pesticide pricing.

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North America, Europe and Asia-Pacific are the largest market and collectively account for over 75% of the Global crop protection chemicals market.

Global crop protection chemicals market is dominated by pesticides which accounted for over 95% of the total market in 2010. Growing global population and reducing arable land are expected to be key drivers for pesticide demand.

Global pesticide market can be divided into Patented and Generic pesticides as 67% a
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