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

The agrochemicals market in Japan is estimated to grow at a CAGR of 3.4% during 2015-2020. Embracing the modern practices in the fields and usages of agrochemicals have seen tremendous growth in Japan. Need for increased land productivity and soil health improvement are the major reasons for agrochemicals product market growth in Japan. While the demand for food products is increasing, the available land mass for agriculture is shrinking due to increased effect of urbanization that propels farmers to use various agrochemicals to maintain soil health and increase land productivity. While the benefit of agrochemicals is commendable and people are getting aware of it, low per capita use, and shrinking farm land are the major setback for the country’s growth in agrochemicals market. The agrochemical industry is segmented product wise and crop wise. In product segment, nitrogenous fertilizers form the largest share of fertilizer market. Pesticides market is currently lead by herbicides products followed by fungicides and insecticides. Rice, fruits and vegetables are the major grown crops that consume most of the agrochemicals demand. Japan is likely to be the slowest growing market for agrochemicals in Asia-Pacific, which would follow the trend of large and established markets of North America and Western Europe in posting sluggish growth. Mitsui Chemicals, Inc., Nihon Hiryo Co., Ltd., Sun Agro Co., Ltd., Asahi Industries Co., Ltd. and Arysta LifeScience (Japan) are some of the big companies operating in the country. In this report we offer • Market analysis for the Japan 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 apan 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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