Global Plant growth regulator market is valued $1,550 million in the year 2017 and is expected to grow at a CAGR of 4.6% from 2018 to 2023.
The Asia Pacific accounts for the largest share in global crop protection market owing to the presence of biggest arable land in the world. China, Japan, Malaysia, Mauritius contribute significantly in the Asia Pacific market for crop protection market.
The global fertilizers market oozed from opportunities worth $61,530 million as of 2018. And, the analyst of the report has projected the market value to increase at a positive CAGR of around 3.67% through the forecast period of 2019 to 2025.
The global Biocontrol Agents market is estimated to surpass $3.71 billion by 2023 growing at an estimated CAGR of more than 9.86% during 2018 to 2023 majorly driven by the growing awareness of biocontrol agents among consumers.
The polymer segment occupies the highest share in terms of revenue in the seed coating material market during the period from 2016 to 2021.
The high population development in the region, where there is shrinking of farm lands is further explaining the need for soil treatment product implementation.
The global herbicides market size was around $30 billion in 2018, and the market demand is projected to grow at a notable CAGR of around 8% during the forecast period of 2019 to 2025.
Pigments act as a vital part of agricultural industries and find its use in diverse applications such as seed coating, fertilizers and more.
One of the main reasons why phosphorous is necessary for plants is due to its capacity to store energy generated from photosynthesis and the metabolism of carbohydrates, for later use in growth and reproduction.
Reduced surface tension improves the ability of the water to spread on the soil surface and enter water repellent soil.