In March, 2015, ICL Fertilizers announced that the company plans to start a potassium nitrate production plant to increase its production of soluble fertilizers and food-grade phosphoric acid.
Lonza group AG, one of the leading chemical and biotech company has acquired new Zealand based agrochemical company Zelam. Zelam manufactures products for agricultural purposes especially agrochemicals such as fungicides, insecticides and herbicides
The exponential population growth in the Asia Pacific region would mean rising food and nutrition demands.
The specialty fertilizers has ability to increase the plant health and productivity which finally leads to good yield of the crop, quality of the production.
Acaricides are used by farmers as they are specifically designed to attack the nervous systems of ticks and mites and will not affect any produce that they are sprayed on.
Crop sprayers are one of the most important and essential agricultural equipment used in fields.
Carbamate insecticides are found in many forms and when used against pests and baits to protect crops it generally breaks down into environment in 4 to 6 weeks.
In addition, increase in adoption of gibberellins for newer applications, and growing farming and agriculture activities in emerging economies such as China, India and others will create new opportunities for gibberellins market.
The global insecticides market is projecting a positive trend due to the increasing concerns of insect transferable diseases.
Inhibiting spore germination, germ tube elongation, mycelia growth, and sporulation of pathogenic fungi on the leaf surface and is registered for use against number of fungi on a wide range of crops in many countries.