[266 Pages Report] The crop protection market consists of crop protection chemicals or agrochemicals, seeds, and genetically modified (GM) crops. Crop protection chemicals are the most dominating segment of this market in terms of market share as well as product innovations. Crop protection chemicals are further classified as herbicides, insecticides, fungicides, bio-pesticides, and adjuvants. As the latter two segments hold a minor market share, in general practice, pesticides are referred to as crop protection chemicals.

Factors such as toxicity of crop protection products, environment friendliness, innovative production practices, new product offerings, increased availability, and advent of new pests are increasing the market for biopesticide industry, globally. Biopesticides are beneficial to ecological chain and environment and are also effective in controlling agricultural pest. The hazards caused to the environment by chemical pesticide residues can be alleviated with the help of Biopesticides Synthetic pesticides, which are typically manufactured from petrochemical or inorganic raw materials, are further segmented as insecticides, herbicides and fungicides. Crop protection chemicals market is dominated by herbicides, accounting for over 41% of the total pesticide volume demand in 2011. Being the worlds largest as well as most populous continent, Asia-Pacific is one the key markets for crop protection chemicals. Asia-Pacific accounts for almost 30% of land available on earth and 60% of human population.

Increasing need for food crop, with overgrowing population in the region has fueled the use of pesticides for enhancing crop yield. Use of pesticides is becoming a common practice in countries such as India, China, and other less developed countries in the region, leading to the growth in areas where there had previously been very less or no pesticide usage. . In addition to this, decreasing arable land per person in India, China, and especially in South East Asia is a very serious concern, where arable land per person is decreased up to 0.1 hectares per person. The Asia-Pacific market for crop protection chemicals, in terms of active ingredient volume was estimated at 636 KT in 2011 and is expected to reach 843.5 KT by 2018.

This report estimates the market size of the Asia-Pacific crop protection chemicals market both in terms of active ingredient volume as well as revenue. The market has been further segmented on the basis of crop types such as cereals, grains, oilseeds, and vegetables as well as by sub-segmentation of insecticides, fungicides, and herbicides such as glyphosate, atrazine, and 2,4-D. This segmentation is given for major regions and key countries in those regions. Market drivers, restraints and challenges, raw material, and product price trends are discussed in detail. Market share by participants for the overall market is discussed in detail in the report. We have also profiled leading players of this industry including Bayer CropScience (Germany), BASF (Germany), Monsanto (U.S.), and Dow Agrosciences (U.S.).

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Crop Protection Chemicals Market By Types (Herbicides, Fungicides, Insecticides, Bio-Pesticides and Adjuvants), By Crop Types, By Geography: Global Trends and Forecast To 2018

European Crop Protection Chemicals Market by Types (Herbicides, Fungicides, Insecticides, Bio-pesticides and Adjuvants), by Crop Types, by Geography: Trends and Forecast to 2018

North and Latin American Crop Protection Chemicals Market by Types (Herbicides, Fungicides, Insecticides, Bio-pesticides and Adjuvants), by Crop Types, by Geography: Trends and Forecast to 2018

Asia-Pacific Crop protection chemicals: $18,301.6 million market by 2018, signifies a firm CAGR of 6.2%

The crop protection chemical is a highly regulated market. This report provides a comprehensive outlook on the global and Asia-Pacific crop protection chemicals market with respect to various regions, product types, as well as applications. The Asia-Pacific market for crop protection chemicals, in terms of active ingredient volume was estimated at 636 KT in 2011 and is expected to reach 843.5 KT by 2018. Growth in revenue is expected to be higher than volume, owing to the increasing cost of pesticides. Development and registration of a pesticide active ingredient is one of the biggest components of cost for a pesticide company. Presently, the cost of innovation and registration of an active ingredient is about $200 million, which is a 25% increase from 2000.

Crop protection chemicals regulations are vague and do not include provision for a protection period for proprietary research data. That makes the Indian market quite lucrative for generic manufacturers who can manufacture any active ingredient, which is not protected by patent. With regards to increasing food safety and to encourage research and development of new active ingredients within Indian market, the Government is planning to reshape the existing regulations

ASIA-PACIFIC CROP PROTECTION CHEMICALS MARKET REVENUE, BY TYPES, 2012

Source: MarketsandMarkets Analysis

A number of countries in the region are expected to show strong growth. Especially China, Indonesia, and Thailand are expected to grow rapidly in the agricultural output. This in turn is expected to boost the growth for crop protection chemicals in the Asia-Pacific region. Bayer CropScience (Germany), BASF (Germany), and Dow AgroSciences (U.S.) are the major crop protection chemical suppliers in the region.