Agrochemicals Market (Fertilizers & Pesticides) worth US$ 223 Billion by 2015 - New Report by MarketsandMarkets
(PRWEB) December 14, 2013 -- The "Agrochemicals Market Global Forecast (2010 - 2015)", analyzes the agrochemicals market by products and geography and studies the major market drivers, restraints, and opportunities for the agrochemicals market in U.S., Europe, Americas (except U.S.), Asia and ROW.
Browse 108 market data tables and in-depth TOC on "Agrochemicals Market".
http://www.marketsandmarkets.com/Market-Reports/global-agro-chemicals-market-report-132.html
Early buyers will receive 10% customization on this report.
Due to increasing population and decreasing land availability, the global agrochemical market is expected to grow from $134 billion in 2010 to $223 billion in 2015, registering a high CAGR of 10.6% from 2010 to 2015. Market growth is also driven by the use of agrochemicals in the production of biofuels, which are rapidly gaining in importance over traditional petroleum-based fuel. Programs such as Integrated Nutrient Management (INM) and Integrated Pest Management (IPM) are now in place to minimize risks from agrochemicals related to health, economy, and environment.
Fertilizers offer nutrients that are essential for proper crop growth, as these fulfill the nutritional deficiencies of the soil, providing crops with nutrients that aren’t naturally available in appropriate amounts. Nitrogenous fertilizers command a large market share of more than 46%, but have a comparatively low growth rate. Phosphatic fertilizers have a lower market share but a higher growth rate due to the increase in production by major players. Organophosphate pesticides are expected to have high market share and growth potential. This is mainly because of the wide range of chemicals under this class, including glyphosate, diazinon, and chlorpyrifos.
Browse related reports
Adjuvants Market In Agriculture by Type [Activator (Surfactants, Oils, Ammonium Fertilizer), Utility (Water Conditioners, Drift Control, Compatible, Cidifier/Buffers, Antifoam)], by Application (Herbicides, Fungicides, Insecticides) - Global Trends & Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/adjuvant-market-1240.html
Biopesticides Market - Trends & Forecasts (2012 - 2017)
http://www.marketsandmarkets.com/Market-Reports/biopesticides-267.html
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including agriculture, advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales (at) marketsandmarkets (dot) com
Visit MarketsandMarkets Blog at http://www.marketsandmarketsblog.com/market-reports/agriculture-industry
Connect With Us On LinkedIn at http://www.linkedin.com/company/marketsandmarkets
Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]
Share this article