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United Kingdom Agrochemicals Market- By Type, Application and Geography-Market Shares, Forecasts And Trends (2015 — 2020)

The agrochemicals market in United Kingdom is estimated to grow at a CAGR of 3.2% during 2015-2020. Fertilizers and pesticides form the major part of global agrochemical consumption. While fertilizers include various macro nutrient and micronutrient based products, pesticides can be further divided into insecticide, herbicide and fungicide etc. Europe is a significant market for agrochemicals consumption as the region is one of the fastest growing exporters of food grains. Agrochemicals are an integral part of United Kingdom\'s agriculture sector and play an important role in boosting production and productivity. Increasing need of food safety with significant government support helps the country for more 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 country is an export oriented market. Integrated approach in the agricultural field may provide scope for future growth opportunities. The agrochemical industry is segmented product wise and crop wise. 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. UK is one of the important consumption points for agrochemicals and is expected to show average growth because of market maturity and regulatory constraints. The key players profiled in the report include Certis UK, Syngenta, Bayer, Yara International ASA, MakhteshimAgan Industries Ltd, Dow Agro, BASF, Headland agrochemicals among others. The key strategies being adopted in this market are new product launches and product registrations in the bio pesticides segment. The opportunities in this country are governments encouraging companies to voluntarily work towards sustainable pest management practices through innovations in the Biopesticides segment. Though the country 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 United Kingdom 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 United Kingdom 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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