A set of
surveys indicate that, North America is expected to
witness growth prospects due to increased use of biobased agrochemicals over
other substitute products like chemical pesticides and fertilizers. On the other hand, Europe is likely to
have declining growth by 2022, due to government regulations and bans on
certain chemical pesticide products.
Overall, Research and Markets revealed that, Asia Pacific (APAC) leads
agrochemicals market, followed by Latin America, North America, Europe, and
MEA. APAC is also expected to be the
largest market by 2022 due to increasing demand from China and India.
Syngenta leads the
Agro chemicals market in 2016 followed by Bayer Crop Science, BASF, Dow,
Monsanto, and DuPont.
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