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Europe Agrochemicals Market- By Type, Application and Geography-Market Shares, Forecasts And Trends (2015 – 2020)

Europe is a significant market for agrochemicals consumption as the region is one of the fastest growing exporters of food grains. The European agrochemicals market is estimated to grow at a CAGR of 4.2% during in 2015-2020. Increasing need of food safety along with significant government support helps the European countries for use of agrochemicals. While the benefit of agrochemicals is commendable and people are getting aware of it, the toxicity of synthetic products forms the major challenge for this industry. International trade restrictions also form drawbacks for the industry as the region is an export oriented market. Integrated approach in the agricultural field may provide scope for future growth opportunities. Pesticides market is currently lead by herbicides products followed by fungicides and insecticides. The use of agrochemicals in the region is mainly used for food application. Plant growth regulators and adjuvants are the two segments that show high future potential. As for other use such as bio-polymers and bio-fuel, high construction and un-favorable economic condition is creating complex situation for the manufacturers. Western European region is an established market for agrochemicals and so it is expected to show average growth due to market maturity. . France, Germany, represents the largest agrochemicals markets of the European region followed by Italy, Spain and UK. The smaller countries in the region are showing largest growth trend due to increased focus on the agriculture sector. BASF, Bayer Cropscience AG, CHEMINOVA AS, Yara International, Chemtura Corporation, Cleary Chemical Corporation, ISAGRO SPA, Syngenta AG are the major share holders in the European agro chemicals industry. Though the region has many regional and local players, merger and acquisitions and new product development are the key strategies followed by the major companies here to beat competition. In this report we offer • Market analysis for the Europe Agrochemicals Market, with region specific assessments and competition analysis on global and regional scales. • Market definition along with the identification of key drivers and restraints • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale • Extensively researched competitive landscape section with profiles of major companies along with their market shares • Identification and analysis of the macro and micro factors that affect the Europe Agrochemicals Market on both global and regional scales • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market • Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

Published By: Mordor Intelligence
Published Date: Q1 2016

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