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(MoneyNewsWire.Net, December 07, 2017 ) According to the report Agrochemicals Market, published by Market Data Forecast, the North America market is projected to reach USD 63.78 billion by 2022, at a CAGR of 2.94% from 2017 to 2022.
Agrochemicals include chemical products like pesticides, insecticides, and fungicides etc. which are used to increase productivity. They are also used to protect plants from pest, weed and fungi etc. Agrochemicals also include some synthetic fertilizers and chemical growth hormones.
Get a comprehensive overview of the Agrochemicals Market: http://www.marketdataforecast.com/market-reports/north-america-agrochemicals-market-973/
Agrochemicals Market: Drivers & Restraints
Increasing use of fertilizers due to their wide range of applications and decreasing arable land are the primary factors driving the growth of this market. Also advancements in technology is expected to boost the industry.
However, extensive use of agrochemicals leads to ground water pollution and is harmful for environment as well as human beings which is a major restraint.
Get accurate market forecast and analysis on the Agrochemicals Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/north-america-agrochemicals-market-973/request-sample
Agrochemicals Market: Segmentation
By Type
Fertilizers
o Nitrogenous
o Phosphate
o Potassic Based Fertilizers
Pesticides
o Organophosphates
o Prethroids
o Biopesticides
o Others
Plant Growth Regulators
o Auxins
o Cytokinins
o Others
Adjuvants
o Activator Adjuvants
o Utility Adjuvants
By Application
Crop Based
o Oil seeds
o Fruits & Vegetables
o Grains & Cereals
Non Crop Based
o Turf & Ornamental Grass
o Others
By Geography
North America
o United States
o Canada
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/north-america-agrochemicals-market-973/customize-report
Agrochemicals Market: Overview
In 2017, in the type segment fertilizers sub segment nitrogenous fertilizers category is the expected to dominate the market and maintain its dominance throughout forecast period. Pesticides segment in Type category is expected to have the fastest growth during the forecast period owing to its increased demand. In the application segment and crop based sub segment Fruits & Vegetables is expected to have the largest market share.
North America is second in terms of market share. North America has highest intake of agrochemicals per hectare. Also crops like oilseed and sugarcane are widely used for applications feed, fuel and other industrial purposes which is driving the market.
Agrochemicals Market: Key Players
The Molecular Cytogenetics market is highly competitive with a large number of players. Some of the major Companies are Syngenta AG, BASF SE, Bayer Crop science., Dow-DuPont, Agrium Inc. and Monsanto Company. Other players in the market include Israel Chemicals Ltd., Mosaic Company, Yara International ASA and Sociedad Quνmica Y Minera S.A.
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