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Pesticides and Agricultural Chemical Global Market Briefing Report 2016

  • April 2016
  • 21 pages
  • TBRC Business Research
Report ID: 3783858

Summary

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Pesticides are chemicals used to eliminate or control a variety of pests related to agriculture that can damage crops and livestock and reduce farm productivity. Agricultural chemicals are chemical agents such as pesticides, fungicides, herbicides and insecticides that are used to control crop-harming organisms (e.g., fungi, nematodes, mites, insects and rodents) or viruses.
The pesticides and other agricultural chemical industry is comprised of establishments that primarily engage in the formulation and preparation of agricultural and household pest control chemicals.
X was the largest geographic market in the pesticide and other agricultural chemical market in 2015, accounting for $X billion or X% of the global market. Asia is the largest market because of the presence of a large farming community in China and India using pesticides.
The X was the second-largest geographic market, accounting for $X billion or X% of the global market.
X was the third-largest geographic market, accounting for $X billion or X% of the global market.
Biopesticides are becoming increasingly popular and are safer than traditional chemical pesticides. Biopesticides are derived from natural materials such as animals, plants, bacteria and certain minerals. When compared to chemical pesticides, biopesticides are inherently less harmful and are more target-specific than chemical pesticides. For example, canola oil and baking soda have pesticidal properties and are considered biopesticides.

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