Crop Protection Chemicals Market Size Worth $90.09 Billion By 2022: Grand View Research, Inc.

The industry is highly competitive owing to the presence of numerous manufacturers spread across the globe. The manufacturers are expected to undergo mergers and acquisitions in order to strengthen their business and widen consumer base. Strong foothold of existing manufacturers such as Bayer AG, Dow AgroSciences, Syngenta and BASF in the market is expected to obstruct the growth of new players.

The industry players are expected to shift their focus to produce bio-based chemicals, in order to meet the rising consumer demand for environmentally friendly products. Increasing stringent regulations on the existing hazardous synthetic crop protection chemicals by government bodies such as EPA and OSHA is expected to hamper industry growth over the projected period.

High investments by major players to manufacture crop specific green protection chemicals with low cost is expected to impact the industry positively. The industry has numerous distributors and suppliers which reach the consumers from remote locations, which is likely to boost industry growth.

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco . The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
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