Crop Protection Chemicals Market Analysis Report By Product and By ApplicationPosted by Ryan Shaw on December 16th, 2019 The global Crop Protection Chemicals Market is expected to reach USD 90.09 billion by 2022, according to a new report by Grand View Research, Inc. Rapid population growth, which demands high food production coupled with rising awareness regarding food safety is expected to drive demand for crop protection chemicals. 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. Browse Details of Report @ Further key findings from the report suggest:
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