North American Crop Protection Chemicals Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2018

in #northamerican7 years ago

Global North American Crop Protection Chemicals Market & Latin American Crop protection chemicals: $27,806.4 million market by 2018, signifies a firm CAGR of 4.4% and 6.3% respectively

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North America has traditionally been a high consumer of crop protection chemicals. However, in recent years, regulatory framework, controlled by the EPA and USDA has become highly stringent on the registration and commercialization of pesticides. Owing to the growing demand for animal feed and increasing use of corn for renewable chemicals and bio-fuels, arable land has been decreasing since 2005.

Latin America is the emerging agricultural powerhouse, growing at a rapid pace above the global growth average. Growth in this region is significantly contributed by the growth in Brazil and Argentina, which are the world’s most potent agricultural producers and is expected to grow well above the regional average.

Key companies profiled in global market includes Bayer CropScience (Germany), BASF (Germany), Monsanto (U.S.), and Dow Agrosciences (U.S.).

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