Through the use of chemical pesticides, chemical pest control or fortification chemicals manages diseases and pests in crops. Pesticides, which are also known as crop protection chemicals, help to keep pests and diseases out while also boosting crop output and quality. An important development in the chemical pesticides sector is the development of compounds to protect agricultural crops. Many crops can suffer drastic losses if chemical pesticides are not used. Insecticides are a subset of these substances and are crucial in the fight against disease in humans and animals. Chemicals now possess a wider range of toxicological and environmental characteristics than ever before.
According to SPER market research, ‘China Crop Protection Chemicals Market Size- By Origin, By Product Type, By Crop Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the China Crop Protection Chemicals Market is predicted to reach USD XX billion by 2033 with a CAGR of 4.1%.
There are various factors that are responsible for the growth and development of the China crop protection chemicals market. In order to increase crop yield by shielding plants from damaging pests and weeds, crop protection chemicals are widely used in modern agriculture. In order to provide food security for the expanding populace, agricultural productivity has increased. The Food and Agriculture Organisation (FAO) reports that Brazil, China, and the United States are the three countries that buy the most of these protective goods. High pesticide usage is one of the main factors contributing to these countries’ rising agricultural output.
The Chinese market for crop protection chemicals still has problems, though. One of the main factors inhibiting market expansion is the increasing insect resistance to several crop protection treatments. Pest resistance has increased as a result of the significant drop in the efficacy of several active substances. Changes in insect metabolic pathways, higher rates of reproduction, and excessive pest proliferation are the causes of this resistance.
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Furthermore, the COVID-19 pandemic has had a considerable effect on the world economy and public health, disrupting crucial phases of the manufacture and distribution of agrochemicals. There was a severe shortage of vital chemicals because China, a key producer of pesticide active ingredients, experienced factory shutdowns. Lockdowns all throughout the world prevented the free flow of raw materials and protective goods, even when Chinese operations resumed in February 2020. Crop pesticide sales are anticipated to fall, lowering their market value compared to the prior year, as a result of the ensuing disruptions, which include suspended transportation services.
Additionally, some of the market key players are BASF SE, Bayer China Ltd, Nanjing Red Sun Co. Ltd, Nutrichem Company Limited, Shandong Weifang Rainbow Chemical Co. Ltd, Sichuan Leshan Fuhua Tongda Agro-chemical Technology Co. Ltd, Others.
China Crop Protection Chemicals Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Origin: Based on the Origin, China Crop Protection Chemicals Market is segmented as; Bio-Based, Synthetic.
By Product Type: Based on the Product Type, China Crop Protection Chemicals Market is segmented as; Fungicides, Herbicides, Insecticides, Other Product Types.
By Crop Type: Based on the Crop Type, China Crop Protection Chemicals Market is segmented as; Commercial Crops, Fruits and Vegetables, Grains and Cereals, Pulses and Oilseeds, Other Crop Types.
By Region: This research also includes data for East China, North and Northeast China, Northwest China, South Central China, Southwest China.
For More Information, refer to below link:-
China Agrochemicals Market Research Report
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