United States Crop Protection Chemicals Market to Witness Significant Growth until 2025

Need for improved agricultural productivity is expected to drive the growth of United States crop protection chemicals market.

According to TechSci Research report, “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. Additionally, increasing requirement for preventing the deterioration of crops from insects and pest infestation is expected to have a positive impact on the growth of market. Furthermore, rising implementation of advanced farming techniques is further propelling the market growth. Relatively low R&D costs associated with the biopesticides is anticipated to bolster the growth of 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 United States crop protection chemicals market through 2025 such as growing prevalence of health hazards triggered by use of crop protection chemicals, lack of awareness regarding dosage along with proper application of crop protection chemicals, etc.

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The United States 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 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 is 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 segment over the coming years.

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 United States 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 witness significant growth in the crop protection chemicals market during the forecast period, which is attributable to increase in initiatives for promoting the use of bio-based and organic pesticides. Furthermore, 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.

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