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Herbicides Market is expected to reach 3,136.1 KT by 2018

The report "Herbicides Marketby Type (Herbicides, Fungicides, Insecticides, Bio-pesticides and Adjuvants), Geography, Price Trends and Global Forecasts (2011-2016)", as the name suggests, defines and segments the global crop protection chemicals market with analysis and forecasting of the global revenue for pesticides (synthetic as well as bio-based), micro-nutrients, and adjuvant. It also identifies driving and restraining factors for the global crop protection chemicals market with analysis of trends, opportunities, and challenges. Major geographies such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (ROW) are taken into consideration. Raw materials, product types, and crop types also form the basis of segmentation and forecast.

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Crop protection chemicals are widely used across the globe. They are very useful in safeguarding the crops against various insects, diseases and pests. Pesticides are very important as they improve the quality and yield of agricultural produce. Based on applications, crop protection chemicals market can be bifurcated into three types; herbicides, insecticides, and fungicides.

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The global market for crop protection chemicals, in terms of active ingredient volume was estimated at 2,075.5 KT in 2011, and is expected to reach 3,136.1 KT by 2018, growing at a CAGR of 3.2% from 2013 to 2018. Growth in revenue is expected to be higher than volume, owing to the increasing cost of pesticides. Development and registration of a pesticide active ingredient is one of the biggest components of cost for a pesticide company. Presently, the cost of innovation and registration of an active ingredient is about $200 million, which is a 25% increase from 2000.

Browse related reports 

European Crop Protection Chemicals Market by Types (Herbicides, Fungicides, Insecticides, Bio-pesticides and Adjuvants), by Crop Types, by Geography: Trends and Forecast to 2018

 http://www.marketsandmarkets.com/Market-Reports/european-crop-protection-chemicals-market-1131.html

 North American Crop Protection Chemicals Market & Latin American Crop Protection Chemicals Market by Types (Herbicides, Fungicides, Insecticides, Bio-pesticides and Adjuvants), by Crop Types, by Geography: Trends and Forecast to 2018

http://www.marketsandmarkets.com/Market-Reports/north-and-latin-america-crop-protection-chemicals-market-1132.html

 

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