Materials & Chemicals

Agrochemical Market in India 2016-2020

  • TEC371468
  • 92 Pages
  • December 2015
  • Materials & Chemicals
An overview of the agrochemicals market in India
Technavios research analyst predicts the agrochemical market in India to grow steadily at a CAGR of over 9% during the forecast period. Availability of credit facilities to purchase agrochemicals is the primary driver for the market. The government of India has initiated several policy measures to enable farmers to gain access to credit facilities. These policies emphasize in providing timely and adequate credit support to all farmers. The Indian government has been focusing mostly on small and marginal farmers and the weaker sections of the society, to enable them to adopt modern technology and improved agricultural practices, thereby increasing agricultural production and productivity.

The implementation of integrated pest management (IPM) as a new method of crop protection is another trending factor driving the growth of the agrochemicals market in India. The IPM method is a sustainable approach to pest management that combines biological, mechanical, physical, and chemical methods. These methods are executed in three stages, namely prevention, observation, and intervention.

Product segmentation and analysis of the agrochemicals market in India
Insecticides
Herbicides
Fungicides
Bio-pesticides

The insecticides segment held the largest share of the agrochemicals market in India during 2015, with a market share of around 56%. The increasing demand for insecticides is driving vendors to consistently enhance their product portfolios through new product launches and by increasing their production capacity. The dominance of this segment is expected to continue over the next five years.

Competitive landscape and key vendors
The agrochemicals market in India is dominated by international players who are increasingly expanding their footprint in the market, making it difficult for regional providers to compete with them, especially in terms of features such as quality, technology, and price. The market is expected to witness a lot of mergers and acquisitions over the next five years, wherein regional or local players will be acquired by, or merged with international vendors.

The leading vendors in the market are -
BASF
Bayer CropScience
Syngenta
Rallis
UPL

The other prominent vendors in the market include Dhanuka, Dow Agroscience, Dupont, and Insecticides India.

Growth drivers, challenges, and upcoming trends - Agrochemicals
Technavios market research analysts highlight upcoming trends such as the introduction of biopesticides, which offer an ecologically sound and effective solution to pest problems. Biopesticides are less harmful and pose less of a threat to the environment and human health.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the agrochemicals market in India. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report
What will the market size and the growth rate be in 2020?
What are the key factors driving the agrochemicals market in India?
What are the key market trends impacting the growth of the agrochemicals market in India?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the agrochemicals market in India?
What are the key outcomes of the five forces analysis of the agrochemicals market in India?

Technavio also offers customization on reports based on specific client requirement.

Related reports
Agricultural Machinery Market in India 2015-2019
Agriculture Tires Market in India 2015-2019
Agricultural Films Market in APAC 2015-2019
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

Textile Chemicals Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Textile chemicals are mostly used for efficient manufacturing, processing and nurturing of textiles such as those used in clothing, furniture, tire yarn, and much more in the industry. The textile ...

March 2017  |   Price:$ 7695    | Pre Book Price:$ 7695

Read More >>

Mining Equipment Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015- 2024

Mining is the process of extracting coal, metals, oil, minerals, and water from the earth. Other valuable products such as diamond, gold, uranium, and ruined geological deposits are also being ...

March 2017  |   Price:$ 7695    | Pre Book Price:$ 7695

Read More >>

Global Viscose Staple Fiber Market - Strategic Assessment and Forecast Till 2021

Viscose Staple Fiber - Report Highlights Worldwide Viscose Staple Fiber market research report covers the present scenario and the growth prospects of the Worldwide Viscose Staple Fiber Market for the period ...

July 2017  |   Price:$ 2995    | Pre Book Price:$ 2995

Read More >>

World N-Butanol Market - Opportunities and Forecasts, 2014 - 2020

N-butanol forms an important feedstock for manufacturing chemicals such as butyl acrylate, glycol ethers, butyl acetate and plasticizers. It serves an important element in making direct solvent for varnishes, paints, coatings, resins, camphor, dyes, fats vegetable oils, waxes, shellac, rubbers, and alkaloids and among various industrial applications.

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

Asia-Pacific Concrete Admixtures Market - Opportunities and Forecasts, 2014 - 2020

Ingredients other than water, aggregate and Portland cement added to the concrete are termed as concrete admixtures. They are added to the mixture either before or during the mixing process. ...

July 2017  |   Price:$ 3390    | Pre Book Price:$ 3390

Read More >>

Global Toluene Diisocyanate Market - Opportunities and Forecast, 2014 - 2020

Organic compound with formulae CH3C6H3(NCO)2 is known as Toluene Diisocyanate. Furthermore, isocyanate functional groups in Toluene Diisocyanate form urethane, when it reacts with hydroxyl. Besides this TDI or Toluene Diisocyanate ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

2017 © Copyright Big Market Research

View Pricing >>