Global Agrochemical Intermediates Market Analysis - Industry Size, Share, Trends and Forecast, 2018 - 2025

Published - Sep 2018 | Category - Agriculture | No. of Pages - 150 | Published By - ARC

Introduction

An agrochemical also known as agrichemical is a contraction of agricultural chemical. It is a chemical product used in agriculture. In most cases, agrochemical is referred to pesticides including insecticides, herbicides, fungicides and nematicides. It also includes synthetic fertilizers, hormones and other chemical growth agents, and concentrated stores of raw animal manure. The increasing demand of these chemicals to protect the crops is driving the global agrochemical intermediates market. Agrochemicals were introduced to protect crops from pests and enhance crop yields.

Market Drivers

With a growing world population, emerging environmental concerns, and unforgiving climate changes the agricultural industry is being challenged to develop innovative and targeted solutions to help ensure the success and safety of crops, livestock, and the land itself. The growth of the global agrochemical intermediates market is mainly driven by the increasing population. As the population continues to boom, it puts more pressure on the agricultural market to produce more. The market continues to be hampered by factors such as high prices, ecological concerns and lack of consumer awareness.


 

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