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

The agrochemicals market in Mexico is estimated to grow at a CAGR of 5.2% during 2015-2020. At a time of rising food prices, population growth and concerns about global food security, there is a growing need for using agrochemicals and every available technology to meet future food needs and tackle the emerging challenges of climate change and resource conservation. Only 11% of land area is arable, less than 3% of it is irrigated in Mexico. The largest segments of Mexican agrochemicals are insecticides and herbicides, each accounting for about 36% of the market and totally 60% in domestic agrochemical production. The major pesticide-treated crops in Mexico are: maize, tomatoes, potatoes, cucurbits, pasture and sugar cane. Mexico is the third largest agrochemicals market in North America. Mexican agrochemicals market is dominated by foreign players. The industry is concentrated within six major manufacturers covering 80% of market share. The largest agrochemical market players in the country include such global firms as BASF (Germany), Cheminova (Denmark), DuPont (USA), FMC (USA), Syngenta (Switzerland), ArystaLifeScience (Japan), Polaquimia (Mexico, member of Polak Group). In this report we offer • Market analysis for the Mexico 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 Mexico 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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