Global Industry Analysts Predicts the World Crop Protection Chemicals Market to Reach $76.5 Billion by 2026

SAN FRANCISCO, June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Crop Protection Chemicals - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

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Edition: 9; Released: January 2022
Executive Pool: 3324
Companies: 21 - Players covered include ADAMA Agricultural Solutions Ltd.; American Vanguard Corporation; BASF SE; Bayer CropScience AG; BioWorks, Inc.; Dow AgroSciences LLC; DowDuPont, Inc.; FMC Corporation; ISAGRO S.p.A.; Ishihara Sangyo Kaisha Ltd.; Marrone Bio Innovations, Inc.; Monsanto Company; Nippon Soda Co., Ltd.; Nufarm Limited; Platform Specialty Products Corporation; Sumitomo Chemical Co., Ltd.; Syngenta International AG; UPL Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Chemical Type (Herbicides (Synthetic Herbicides, Bioherbicides), Insecticides (Synthetic Insecticides, Bioinsecticides), Fungicides (Synthetic Fungicides, Biofungicides), Other Chemical Types)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Crop Protection Chemicals Market to Reach $76.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Crop Protection Chemicals estimated at US$61.4 Billion, is projected to reach a revised size of US$76.5 Billion by 2026, growing at a CAGR of 3.7% over the analysis period. Herbicides (Synthetic Herbicides, Bioherbicides), one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$37.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Insecticides (Synthetic Insecticides, Bioinsecticides) segment is readjusted to a revised 3.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $17.1 Billion in 2021, While China is Forecast to Reach $15.8 Billion by 2026
The Crop Protection Chemicals market in the U.S. is estimated at US$17.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$15.8 Billion by the year 2026 trailing a CAGR of 6.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.

Fungicides (Synthetic Fungicides, Biofungicides) Segment to Reach US$19.6 Billion by the year 2026
In the global Fungicides (Synthetic Fungicides, Biofungicides) segment, USA, Canada, Japan, China and Europe will drive the 2.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$12.4 Billion will reach a projected size of US$14.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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