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(MoneyNewsWire.Net, November 29, 2017 ) “Asia-Pacific Agrochemicals Market" research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 3.64% to reach USD 120.64 billion by 2021, from USD 100.90 billion in 2016, which amounts to a cumulative growth of USD 19.74 billion.
Agrochemicals Market growth is the abridgement of agricultural chemicals, a term for numerous chemical products used in agricultural activities. These chemical products consist of pesticides, hormones, synthetic fertilizers and chemical growth agents.
The agrochemicals function to assure crops, preserve the quality of food and soil, enhance crop supplies and to revise the augmentation of plants. Agrochemicals assist peasants to reach the food demands of the increasing population by growing the per hectare cultivation which is directly proportional to higher return on investment. Besides, augmentation of horticulture and floriculture, rising literacy rate among peasants along with rising enlightenment towards use of agrochemicals is advancing this market.
The report also presents detailed analysis of multitude of factors affecting the diagnostic imaging market bearing either positive or negative outcomes. Some of those factors are
• Divergence of pest control applications of agrochemicals,
• Advancement to newer technologies,
• Restricted availability of cultivable land,
• Stringent government regulations,
• Evolution of better alternatives such as bio farming,
• Tedious use effects the humans.
For Full Report refer to: http://www.marketdataforecast.com/market-reports/asia-pacific-agrochemicals-market-975/
For granular level understanding the Agrochemicals Market is segmented based on type and application, each being provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Type the market is segmented as Fertilizers (Nitrogenous, Phosphate and Potassic Based Fertilizers), Pesticides (organophosphates, pyrethroids and biopesticides), Plant Growth Regulators (Auxins and Cytokinins) and Adjuvants (Activator Adjuvants and Utility Adjuvants). Based on Application it is further segmented into Crop Based (Oil seeds, Fruits & Vegetables, Grains & Cereals) and Non Crop Based (Turf , Ornamental Grass and others ).
India and China are the major economies which have unexplored customer base covered in the study. The report also focuses on other regions like Japan, Australia, South Korea and Rest of Asia-Pacific. China is expected to possess the major chunk of the Asia-Pacific Agrochemicals market.
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Some of the key players that operate in the Asia-Pacific Agrochemicals market include Bayer Crop science, Syngenta AG, BASF SE, Agrium Inc., Monsanto Company, Israel Chemicals Ltd., Yara International ASA, Makhteshim Agan Industries Ltd, Dow Agro Sciences, Monsanto, Syngenta, Agrium,CF Industries Holdings and Potash Corporation. Due to technological advancements and end-user preferences there is an increase in the competition among key players.
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The Asia- Pacific Agrochemicals market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of type, application, along with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Agrochemical Segment:
Agricultural fumigants Market: http://www.marketdataforecast.com/market-reports/global-agricultural-fumigants-market-1818/
Agricultural micronutrients market: http://www.marketdataforecast.com/market-reports/global-agricultural-micronutrients-market-1825/
Global Agricultural Adjuvants Market: http://www.marketdataforecast.com/market-reports/global-agricultural-adjuvants-market-1127/
North America Bioherbicides Market: http://www.marketdataforecast.com/market-reports/north-america-bioherbicides-market-1833/
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