Agrochemicals Market Grow by $242.8 Billion in 2018

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MarketsandMarkets Presents
Agrochemicals Market worth 242.8 Billion by
2018
http//www.marketsandmarkets.com/Market-Reports/gl
obal-agro-chemicals-market-report-132.html
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The report "Agrochemicals Market by Type
(Fertilizers, Pesticides), by Fertilizer Type
(Nitrogenous, Potassic, Phosphatic), by Pesticide
Type (Organophosphates, Pyrethroids,
Neonicotinoides, Bio-Pesticides), Sub-types -
Global Market Trends Forecast to 2018" defines
and segments Agrochemicals market with analysis
and forecasting of market demand and revenue.
This market would grow from an estimated
203,567.6 million in 2013 to 242,757.8 million
by 2018, with a CAGR of 3.6 from 2013 to
2018. Browse gtgt 117 Data
Tables 27 Figures
234 Pages and in-depth TOC on
Agrochemicals Market http//www.marketsandmark
ets.com/Market-Reports/global-agro-chemicals-marke
t-report-132.html Early buyers will receive 10
customization of reports.
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The major function of agrochemicals is to
address the problem that hinders the growth of
crops. It is a widely used term that includes
fertilizers and pesticides. Agrochemicals help to
increase the productivity of the crops by
supplying needed nutrients and providing
protection from various diseases, without harming
the environment. Thus, the focus of industry
players is not only to develop and launch
agrochemicals, but also to train its end-users
about the proper use of these chemicals. The
tightening environmental regulations in developed
regions such as North America and Europe are
making it difficult for the manufacturers to sell
their conventional products in these regions.
Hence, they are bound to develop new products
that fulfill environmental norms. It has, thus,
become important for them to find a right balance
between the product performance and content of
their product. According to the estimates,
Asia-Pacific leads the market for Agrochemicals
with 41.3 share in demand at global level in
2012, followed by Latin America (17.0), North
America (15.4), Europe (7.8), and Rest of the
World (18.5). Looking at fertilizers type,
Nitrogenous fertilizers occupied 68.4 and
Organophosphates occupied 73.0 share in demand
in their respective agrochemicals type.
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obal-agro-chemicals-market-report-132.html
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The growth of the Agrochemicals Market has been
studied through in-depth analysis of major
factors that are driving the market such as
growing population and increase in demand for
food with opportunities in the development of
environment friendly and rising consumer
awareness for agrochemicals. However, the
increasing environmental concerns and
availability of other environment friendly
alternatives are proving to be the major
restraining factors for the market.
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obal-agro-chemicals-market-report-132.html
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