The need for improved agricultural productivity is expected to drive the growth of the US crop protection chemicals market. According to TechSci Research report, “The United States Crop Protection Chemicals Market By Type (Herbicides; Insecticides; Fungicides; Plant Growth Regulators; and Others), By Origin (Synthetic Vs. Biopesticides), By Form (Liquid and Solid), By Mode of Application (Foliar Spray; Seed Treatment; Soil Treatment; and Others), By Company, By Region, Forecast & Opportunities, 2025”, the United States crop protection chemicals market is expected to grow at a substantial rate during the forecast period on account of awareness regarding soil patterns as well as climate uncertainties.
The Important Elements of the US Crop Protection Chemicals Market
the increasing requirements for preventing the deterioration of crops from insects and pest infestation is expected to have a positive impact on the growth of the market. Furthermore, the rising implementation of advanced farming techniques is further propelling market growth. Relatively low R&D costs associated with biopesticides are anticipated to bolster the growth of the market through 2025. The minimal residual toxicity levels of biobased crop protection chemicals against synthetic crop protection chemicals make them ideal inputs to be used in organic agriculture, which is further anticipated to aid the market growth in the years to come.
However, there are certain factors that might act as major impediments to the growth of the US crop protection chemicals market through 2025 such as the growing prevalence of health hazards triggered by the use of crop protection chemicals, lack of awareness regarding dosage along with the proper application of crop protection chemicals, etc.
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The US crop protection chemicals market is segmented based on type, origin, form, mode of application, company, and region. In terms of type, the market can be categorized into herbicides, insecticides, fungicides, plant growth regulators, and others. Among these, the insecticides segment is expected to register significant growth in the market over the next few years, which can be accredited to their extensive use during staple crop cultivation as they are highly attacked by insects. Based on type, the market can be categorized into herbicides, insecticides, fungicides, plant growth regulators, and others. Here, the herbicides segment dominated the market until 2019 and is expected to register the highest growth in the market during the forecast period. This can be attributed to its increasing usage, especially that of non-selective herbicides, being adopted across several areas in the agricultural sector. In addition to this, recent advancements in the development of non-selective herbicides are leading to their increased demand in clearing wastelands, and industrial and construction areas, for weed control, which is further expected to contribute to the growing demand of the segment over the coming years.
The Major Competitors in the United States Crop Protection Chemicals Market
- BASF Corporation,
- The Dow Chemical Company
- E.I. du Pont de Nemours and Company
- Sumitomo Chemical America Inc
- Syngenta Corporation
- Bayer CropScience
- FMC Corporation
- Monsanto Company
- Nufarm Americas
- Valent Biosciences Corporation and others are some of the leading players operating in the US crop protection chemicals market. The companies operating in the market are using organic strategies such as product launches, mergers, and collaborations to boost their share and expand their geographic reach.
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“United States is expected to witness significant growth in the crop protection chemicals market during the forecast period, which is attributable to an increase in initiatives for promoting the use of bio-based and organic pesticides. Furthermore, the presence of major market players in the country, is anticipated to positively impact the market growth through 2025,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“United States Crop Protection Chemicals Market By Type (Herbicides; Insecticides; Fungicides; Plant Growth Regulators; and Others), By Origin (Synthetic Vs. Biopesticides), By Form (Liquid and Solid), By Mode of Application (Foliar Spray; Seed Treatment; Soil Treatment; and Others), By Region, Forecast & Opportunities, 2025”,” has evaluated the future growth potential of US crop protection chemicals market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States crop protection chemicals market.
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