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(MoneyNewsWire.Net, December 12, 2017 ) Market Data Forecast recently published a report on the North America Agrochemicals Market which estimates the market to grow from USD 53.60 billion from 2016 to USD 61.96 billion with a high CAGR of 2.94%.
The agrochemicals market is expected to be one of the most vital segments of agro-inputs, owing to the intensifying commercial farming of high value crops to meet the growing various food demand. As such, agrochemicals are witnessing a considerable demand since farmers are resolute to attain nutritious and high quality crop production.
Agrochemicals’ job is to boost crop yields, defend crops, and sustain the food and soil quality. Another essential role of agrochemicals is to adjust the growth progression of the plants. Hence agrochemicals are therefore seen as those products, help in meeting farmer’s as well as customer demands, with are also which boost the return on investment, from the economical and health standpoint with growing per hectare production of quality agricultural crops.
The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analysed in the section are the wide range of pest control applications of Agrochemicals and decreasing arable land. This market is also accelerated by factors such as meticulous research & partaking of intellectual property rights and rising R&D investments. However, it has been discovered that the continued use of agrochemicals has harmfully affected the health of users and also the environment. Cancer, Alzheimer’s and autism are some of the ailments associated with the enlarged use of agrochemicals. Furthermore, agrochemicals get amassed on the land surface and may even pollute ground water.
The products are segmented based on Type and Application and studied for a deep-level understanding of the Agrochemicals Market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
For full report refer to http://www.marketdataforecast.com/market-reports/north-america-agrochemicals-market-973/
Free sample of the report is available at http://www.marketdataforecast.com/market-reports/north-america-agrochemicals-market-973/request-sample
Based on 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
Based on Application:
• Crop Based
o Oil seeds
o Fruits & Vegetables
o Grains & Cereals
• Non Crop Based
o Turf & Ornamental Grass
o Others
For customized report refer to http://www.marketdataforecast.com/market-reports/north-america-agrochemicals-market-973/customize-report
Enquire more about the report here http://www.marketdataforecast.com/market-reports/north-america-agrochemicals-market-973/inquire
The North America market, which is the second major consumer of agrochemicals has been geographically segmented into segmented into Canada and US. This region has the highest per hectare intake of Agrochemicals globally. Development of crops such as sugarcane and oilseeds is mainly estimated due to the widening applications such as fuel, feed, and other industrial applications, which in turn drives the market in this region.
As per the report, companies like BASF SE, Syngenta AG, Monsanto Company, Agrium Inc., Yara International ASA, Dow-DuPont, Bayer Crop science., Israel Chemicals Ltd., Sociedad Química Y Minera S.A. and Mosaic Company are contributing a fair share to the North American Agrochemicals Market.
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Scope of the North America Agrochemicals Market:
• Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
• To detect major focus areas of industrial growth Segment-level analysis on basis of Type and Application along with market size forecasts and y-o-y estimations are provided
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
• An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
• Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Agrochemicals Segment:
North America Acaricides Market: http://www.marketdataforecast.com/market-reports/north-america-acaricides-market-2014/
North America Agrigenomics Market: http://www.marketdataforecast.com/market-reports/north-america-agrigenomics-market-2057/
North America Bio fertilizers Market: http://www.marketdataforecast.com/market-reports/north-america-biofertilizers-market-1364/
North America Agrochemicals Market: http://www.marketdataforecast.com/market-reports/north-america-agrochemicals-market-973/
North America Agricultural Micronutrients Market: http://www.marketdataforecast.com/market-reports/north-america-agricultural-micronutrients-market-1826/
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well.
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