Agrochemicals

This session of Agrochemicals deals with the chemicals which are related to the field of agriculture like fertilizers, pesticides etc. Agrochemicals are mainly introduced into the market for the purpose to protect   crops from the pests, insects and to improve quality of the crop yield. Many agrochemicals are toxic in nature and storing them in a bulk may lead to the severe environmental and health risks because of this reason usage of these types chemicals are highly regulated.

 

Nowadays in place of these agrochemicals different types of biochemical are used. Which are prepared by different types of biochemical processes. Which are known as bio pesticides these work in non-lethal ways as repellents or disrupting the mating pattern of pests. Which are way better than the organic pesticides. 

 

The agrochemical global market will reach $266.0 billion by 2021.

 

The agrochemical global market was $213.2 billion in 2016 and it should reach $266.0 billion by 2021 at a compound annual growth rate (cagr) of 4.5%, from 2016 to 2021.based on geography, it is expected that china , japan, and  asia pacific will have a high demand in the field of agrochemical and north america and europe are expected to witness sluggish growth in the field of agrochemical market upcoming years.

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