The global crop protection chemicals market was led by the Asia-Pacific region, followed by the North American market, in terms of value, in 2013.
Herbicides accounted for the largest share in the total crop protection chemicals market, with 41% of the total market share in 2013.
Cereals & grains is the major market for crop protection chemicals, which is dominated by North America. Fruits & vegetables is the second-largest market, which is again dominated by the North American region.
The crop protection chemicals market was dominated by the Asia-Pacific market in 2013. However, the difference between Asia-Pacific and North American markets is minute.
China’s market is estimated to have the greatest potential in the Asia-Pacific region and is projected to grow at a CAGR of 6.8% from 2014 to 2019.
Japan is another promising market in the Asia-Pacific region, which had a dominant herbicides market in 2013.
Source: MarketsandMarkets
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