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Crop Protection Chemicals Market Size And Forecast (2025 - 2035), Global And Regional Growth, Trend, Share And Industry Analysis Report Coverage: By Type (Herbicides, Insecticides, Fungicides, Others), By Crop (Grains & Cereals, Pulses & Oilseeds, Fruits & Vegetables, Others), By Source (Synthetic, Bio-Based) By Mode Of Application (Foliar, Seed Treatment, Soil Treatment) And Geography.

  • PUBLISHED ON
  • 2025-05-28
  • NO OF PAGES
  • 270
  • CATEGORY
  • Chemicals & Materials

Crop Protection Chemicals Market Overview

The Crop Protection Chemicals market is anticipated to grow significantly from 2025 to 2035, driven by rising global food demand, increasing population, and the need to enhance agricultural productivity. By 2025, the market is projected to reach a value of around USD 77.4 Billion. Looking ahead to 2035, it is expected to expand further to about USD 118.3 Billion. This represents an annual growth rate of 5.7% over the ten-year period.

These chemicals, such as herbicides, insecticides, fungicides, and biopesticides, are crucial in protecting crops against pests, diseases, and weeds, ensuring yield quality and quantity. The growth towards sustainable farming is also driving market trends, with farmers and stakeholders opting for environment-friendly and bio-based crop care products. The growth is further driven by biotechnology advancements and the introduction of novel active ingredients with targeted, long-lasting, and minimal environmental footprint. Government initiatives and subsidies in developing economies boosting agricultural productivity are also expected to drive demand over the period. Stringent regulatory policies and environmental issues surrounding synthetic pesticide use are, however, inducing manufacturers to make investments in R&D of safer alternatives.

  

Crop Protection Chemicals Market Drivers and Opportunities

Technological Advancements in Chemical Formulations Is Anticipated to Lift the Crop Protection Chemicals Market During the Forecast Period

​The ongoing innovation in crop protection chemical formulations is one of the critical factors driving growth in the market. Agrochemicals traditionally exposed consumers and the environment to risks, leading to regulatory pressure and consumer resistance. Manufacturers have, in response, invested considerably in research and development to design safer, more precise, and more benign formulations. Advanced formulations involve microencapsulation technologies, slow-release technologies, and nano-based pesticides that are aimed at boosting the activity of active ingredients while minimizing their toxicity to non-target species. Further, selective chemicals that target pests or pathogens but do not affect beneficial insects or soil microbiota are in tune with sustainable agriculture. Such advancements not only enhance efficacy but also decrease application frequencies, lowering costs for producers. Besides, digital farming and precision agriculture have complemented these new-generation chemicals to enable site-specific application, further enhancing efficacy and minimizing environmental impacts.

Formulations with improved rainfastness, UV stability, and longer residual activity are also growing in popularity, particularly in areas with unstable weather patterns. Another significant development is the introduction of both bio-based and naturally sourced pesticides, which are finding increased application as single-point solutions or as mixtures with traditional chemicals in integrated pest management systems. Such technological advancements are particularly appealing in areas with strict regulations like the EU, where environmental toxicity and chemical residue are of prime concern. Overall, the revolution in crop protection chemistry is not only serving to address older product concerns over safety and efficacy but is also growing the market as it opens new opportunities for sustainability in pest and disease control. This transformation, which is an ongoing trend, keeps the crop protection chemicals business cutting-edge and futuristic.

Increasing Pest Resistance and Climate Change Impacts Is a Vital Driver for Influencing the Growth of the Global Crop Protection Chemicals Market

The rising incidence of pest resistance and the unpredictable impacts of climate change are heightening the urgency for efficacious crop protection products, hence fueling demand. Increased usage, over time, of certain chemical classes, like organophosphates and pyrethroids, in repeated and uniform applications, have resulted in the emergence of resistance among target pests. Pest populations with resistance may cause catastrophic damage, prompting the need for farmers to switch to newer, more effective formulations or integrated methods. Concurrently, climate change is compounding these pressures through alterations in pest migration, expansion of geographical host range, andultiplication of lifecycle frequency with the increase in temperatures. Those regions which were earlier minimal targets for certain insects or pathogens now have emerged as new hotspots and, in consequence, there is an increase in the usage of chemicals. Moreover, irregular climatic occurrences like extended drought or high precipitation can create conducive conditions enabling the increase of outbreaks of diseases and proliferation of weeds, further prompting instances of chemical usage.

Crop protection chemicals, in these situations, act as an essential defense line to stabilize crop production and ensure food availability. Firms are reacting to these new pressures with novel active ingredients and resistance-breaking modes of actions to effectively manage shifting pest dynamics. In addition, government policy and agri-extension departments are encouraging integrated pest management methods where both chemical and non-chemical methods are utilized, hence ensuring long-term sustainability. This coming together of ecological pressure and technological response is not just fueling growth in the market but also transforming product R&D pipelines throughout the agrochemical space. With climate variability and pest resistance still unfolding, the need for efficacious crop protection tools will further increase, cementing the significance of this segment

Rise in Demand for Bio-Based and Eco-Friendly Products Is Poised to Create Significant Opportunities in The Global Crop Protection Chemicals Market

​The increasing worldwide interest in sustainability and environmental stewardship is opening the door to bio-based and green crop protection chemicals, which is a sizeable opportunity in the marketplace. Conventional synthetic chemicals, while effective, tend to create concerns about toxicity, residues, and environmental degradation. As an alternative, consumers, regulators, and interest groups are pressing for greener, safer alternatives with minimized ecological footprint but without compromising crop protections. This has triggered significant investment in biopesticides, which are extracted from natural sources such as plant materials, beneficial microorganisms, and minerals. These solutions have several benefits, among them reduced toxicity, biodegradability, and compatibility with organic agriculture systems. Biopesticides also have fewer chances of generating pest resistance, which is an increasing issue with synthetic chemicals. With organic food demand growing worldwide and certification standards tightening, farmers are turning to crop protection products that are consistent with these marketplace expectations.

Governments in North America, the European Union, and other markets are also favoring the introduction and use of bio-based products with regulatory fast-tracking, research funding, and subsidies. The commercial acceptability of these green products is increasing as progress in formulating technology increases shelf-life, stability, and performance under different environmental conditions. Public-private investments, collaborations between agrochemical firms, and biotech startups are also driving the pipeline of innovation in this space. With sustainability becoming the cornerstone of agricultural policy and consumer interest, demand for green crop protection products is likely to surge, creating a large opportunity for firms with willingness to commit to green technology and marketplace education.

Crop Protection Chemicals Market Scope

Report Attributes

Description

Market Size in 2025

USD 77.4 Billion

Market Forecast in 2035

USD 118.3 Billion

CAGR % 2025-2035

5.7%

Base Year

2024

Historic Data

2020-2024

Forecast Period

2025-2035

Report USP

 

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

  • By Type                       
  • By Crop      
  • By Source   
  • By Mode of Application

Regional Scope

  • North America
  • Europe
  • APAC
  • Latin America
  • Middle East and Africa

Country Scope

  1. U.S.
  2. Canada
  3. U.K.
  4. Germany
  5. France
  6. Italy
  7. Spain
  8. Benelux
  9. Nordic Countries
  10. Russia
  11. China
  12. India
  13. Japan
  14. South Korea
  15. Australia
  16. Indonesia
  17. Thailand
  18. Mexico
  19. Brazil
  20. Argentina
  21. Saudi Arabia
  22. UAE
  23. Egypt
  24. South Africa
  25. Nigeria

Crop Protection Chemicals Market Report Segmentation Analysis

The Global Crop Protection Chemicals Market industry analysis is segmented into by Type, by Crop, by Source, by Mode of Application, and by Region.

The Herbicides Segment Is Anticipated to Hold the Highest Share of the Global Crop Protection Chemicals Market During the Projected Timeframe

By Type, the market is categorized into Herbicides, Insecticides, Fungicides, and Others. Out of these, the herbicides segment is expected to have the largest share of 43.5% in the global crop protection chemicals market over the forecast period. Herbicides are commonly applied to suppress unwanted weeds and vegetation, which consume essential nutrients, water, and sunlight from crops. Their usage is high in the production of grains and cereals, where large-scale monocrop farming makes the crop vulnerable to weed invasion. The increasing demand for food grains globally, along with declining fallow land, is stimulating the usage of herbicides. The rising incidence of herbicide-resistant weed populations has increased demand for the new generation of herbicides, hence augmenting the growth of the segment.

The Grains & Cereals Segment Dominated the Market in 2024 And Is Predicted to Grow at The Highest CAGR Over the Forecast Period

By Crop, the market is segmented into Grains & Cereals, Pulses & Oilseeds, Fruits & Vegetables, and Others. In 2024, the grains & cereals segment led the market and is expected to develop with the best CAGR throughout the forecast period. Wheat, rice, and corn are common cereals and grains consumed all over the world and form an important part of global agriculture produce. With the increase in demand due to population growth and food habits, these essential crops need to be protected from pests, weeds, and diseases. Crop protection chemicals are extensively applied in cereals farming to enhance yields and ensure food security.


The Synthetic Segment Is Predicted to Grow at The Highest CAGR Over the Forecast Period

By Source, the market is bifurcated into Bio-based and Synthetic crop protection chemicals. The synthetic segment is expected to register the highest growth at the highest CAGR during the forecast period due to its established efficacy, broad-spectrum activity, and extensive availability. The synthetic chemicals remain the preferred option with farmers all over the world, predominantly in commercial large-scale farming. These chemicals have predictable and consistent crop protection efficacy against a broad spectrum of pests and pathogens. Despite environmental concerns and regulatory issues hampering the use of synthetic chemicals, technology advancements in formulating have resulted in the introduction of safer and more targeted chemicals.

The Seed Treatment Segment Is Expected to Dominate the Market During the Forecast Period

By Mode of Application, the segment of the market is classified into Seed Treatment, Foliar, and Soil Treatment. Seed Treatment is projected to lead the market through the forecast period. Seed treatment encompasses the direct application of protective chemicals to seeds prior to planting, which delivers early-season protection against soil-borne fungal infections, pests, and diseases. This technique is finding favor due to cost-effectiveness, targeted application, and environmental benefits since it involves lesser volumes of chemicals compared to soil or foliar treatments. Increasing demand for high-value seeds and ensuring robust establishment of crops right at the starting point of the cultivation phase are further driving the growth of seed treatment. Moreover, improvement in microencapsulation and polymer coating technologies has enhanced treated seed performance and safety. Owing to increased emphasis on integrated pest management and precision farming, seed treatment is becoming an go-to application method among global farmers.

The following segments are part of an in-depth analysis of the global crop protection chemicals market:

Market Segments

By Type

  • Herbicides
  • Insecticides
  • Fungicides
  • Others

By Crop

  • Grains & Cereals
  • Pulses & Oilseeds
  • Fruits & Vegetables
  • Others

By Source

  • Synthetic
  • Bio-based

By Mode of Application

  • Foliar
  • Seed Treatment
  • Soil Treatment

Crop Protection Chemicals Market Share Analysis by Region

Asia Pacific Is Projected to Hold the Largest Share of the Global Crop Protection Chemicals Market Over the Forecast Period

Asia-Pacific led the world's crop protection chemicals market in the year 2024, with the highest share of about 36.5%, and is likely to hold the top spot in the forecast period. The dominance of the region is due to the enormous farming lands in nations like China, India, Indonesia, and Vietnam, where farming constitutes an important economic activity. Rapid population growth and resultant demand for increased food output have forced the use of modern farming methods, which involve intensive use of crop protection chemicals, among regional farmers. Supporting government policies that favor the application of agrochemicals, along with abundant availability of rural labor and conducive climatic conditions for growing variable crops, further spur the market. Increased awareness about crop damage caused by pests, diseases, and weeds, and higher investment in R&D in the farm space, have further driven the use of both synthetic and biologically derived crop care products in the region.

Moreover, North America is expected to record the highest growth rate during the forecast period, which is spurred by sophisticated farming technologies, high use of genetically modified crops, and robust regulatory support that favors chemical use in a sustainable manner. The United States and Canada are putting sizeable investments into precision farming, which encompasses the optimal use of pesticides, herbicides, and fungicides. This technology-led farming technique, coupled with increasing demand for crop quality and production among consumers, is likely to trigger high growth in the crop protection chemicals business in the region.

Crop Protection Chemicals Market Competition Landscape Analysis

The global Crop Protection Chemicals Market is poised for significant growth, with key players investing heavily in technology and infrastructure. These companies are actively engaged in research and development, strategic partnerships, and new product formulation to enhance their market positions. ​

Global Crop Protection Chemicals Market Recent Developments News:

In November 2023, Insecticides (India) Limited has launched four innovative crop protection products Nakshatra, Supremo SP, Opaque, and Million to address the growing demand from Rabi crop cultivation. This expansion strengthens the company’s portfolio, offering farmers targeted solutions for pest and disease management during India’s critical Rabi season.

In September 2023, ADAMA Ltd., a global leader in crop protection, has introduced two innovative insecticides in India Cosayr and Lapidos featuring the advanced active ingredient Chlorantraniliprole (CTPR) for the first time. These products are specifically formulated to safeguard paddy and sugarcane crops, offering farmers enhanced pest control and improved yield potential.

The Global Crop Protection Chemicals Market is dominated by a few large companies, such as

·         Bayer CropScience

·         Syngenta AG

·         BASF

·         Corteva, Inc.

·         FMC Corporation

·         ChemChina

·         Sumitomo Chemicals

·         UPL Ltd.

·         Nufarm

·         Rotam CropScience Ltd

·         Others                                                                                       

1.       Global Crop Protection Chemicals Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Crop Protection Chemicals Market Scope and Market Estimation

1.2.1.Global Crop Protection Chemicals Overall Market Size (US$ Bn), Market CAGR (%), Market forecast (2025 - 2035)

1.2.2.Global Crop Protection Chemicals Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 - 2035

1.3.    Market Segmentation

1.3.1.Type of Global Crop Protection Chemicals Market

1.3.2.Crop of Global Crop Protection Chemicals Market

1.3.3.Source of Global Crop Protection Chemicals Market

1.3.4.Mode of Application of Global Crop Protection Chemicals Market

1.3.5.Region of Global Crop Protection Chemicals Market

2.       Executive Summary

2.1.    Demand Side Trends

2.2.    Key Market Trends

2.3.    Market Demand (US$ Bn) Analysis 2020 – 2024 and Forecast, 2025 – 2035

2.4.    Demand and Opportunity Assessment

2.5.    Market Dynamics

2.5.1.Drivers

2.5.2.Limitations

2.5.3.Opportunities

2.5.4.Impact Analysis of Drivers and Restraints

2.6.    Key Product/Brand Analysis

2.7.    Technological Advancements

2.8.    Key Developments

2.9.    Porter’s Five Forces Analysis

2.9.1.Bargaining Power of Suppliers

2.9.2.Bargaining Power of Buyers

2.9.3.Threat of Substitutes

2.9.4.Threat of New Entrants

2.9.5.Competitive Rivalry

2.10.  PEST Analysis

2.10.1.    Political Factors

2.10.2.    Economic Factors

2.10.3.    Social Factors

2.10.4.    Technology Factors

2.11.  Insights on Cost-effectiveness of Crop Protection Chemicals

2.12.  Key Regulation

3.       Global Crop Protection Chemicals Market Estimates & Historical Trend Analysis (2020 - 2024)

4.       Global Crop Protection Chemicals Market Estimates & Forecast Trend Analysis, by Type

4.1.    Global Crop Protection Chemicals Market Revenue (US$ Bn) Estimates and Forecasts, by Type, 2020 - 2035

4.1.1.Herbicides

4.1.2.Insecticides

4.1.3.Fungicides

4.1.4.Others

5.       Global Crop Protection Chemicals Market Estimates & Forecast Trend Analysis, by Crop

5.1.    Global Crop Protection Chemicals Market Revenue (US$ Bn) Estimates and Forecasts, by Crop, 2020 - 2035

5.1.1.Grains & Cereals

5.1.2.Pulses & Oilseeds

5.1.3.Fruits & Vegetables

5.1.4.Others

6.       Global Crop Protection Chemicals Market Estimates & Forecast Trend Analysis, by Source

6.1.    Global Crop Protection Chemicals Market Revenue (US$ Bn) Estimates and Forecasts, by Source, 2020 - 2035

6.1.1.Synthetic

6.1.2.Bio-based

7.       Global Crop Protection Chemicals Market Estimates & Forecast Trend Analysis, by Mode of Application

7.1.    Global Crop Protection Chemicals Market Revenue (US$ Bn) Estimates and Forecasts, by Mode of Application, 2020 - 2035

7.1.1.Foliar

7.1.2.Seed Treatment

7.1.3.Soil Treatment

8.       Global Crop Protection Chemicals Market Estimates & Forecast Trend Analysis, by Region

8.1.    Global Crop Protection Chemicals Market Revenue (US$ Bn) Estimates and Forecasts, by Region, 2020 - 2035

8.1.1.North America

8.1.2.Western Europe

8.1.3.Eastern Europe

8.1.4.Asia Pacific

8.1.5.Middle East & Africa

8.1.6.Latin America

9.       North America Crop Protection Chemicals Market: Estimates & Forecast Trend Analysis

9.1.    North America Crop Protection Chemicals Market Assessments & Key Findings

9.1.1.North America Crop Protection Chemicals Market Introduction

9.1.2.North America Crop Protection Chemicals Market Size Estimates and Forecast (US$ Billion) (2020 - 2035)

9.1.2.1.   By Type

9.1.2.2.   By Crop

9.1.2.3.   By Source

9.1.2.4.   By Mode of Application

9.1.2.5.   By Country

9.1.2.5.1.     The U.S.

9.1.2.5.2.     Canada

9.1.2.5.3.     Mexico

10.   Western Europe Crop Protection Chemicals Market: Estimates & Forecast Trend Analysis

10.1.  Western Europe Crop Protection Chemicals Market Assessments & Key Findings

10.1.1.   Western Europe Crop Protection Chemicals Market Introduction

10.1.2.   Western Europe Crop Protection Chemicals Market Size Estimates and Forecast (US$ Billion) (2020 - 2035)

10.1.2.1.    By Type

10.1.2.2.    By Crop

10.1.2.3.    By Source

10.1.2.4.    By Mode of Application

10.1.2.5.    By Country

10.1.2.5.1. Germany

10.1.2.5.2. Italy

10.1.2.5.3. U.K.

10.1.2.5.4. France

10.1.2.5.5. Spain

10.1.2.5.6. Benelux

10.1.2.5.7. Nordics

10.1.2.5.8. Rest of W. Europe

11.   Eastern Europe Crop Protection Chemicals Market: Estimates & Forecast Trend Analysis

11.1.  Eastern Europe Crop Protection Chemicals Market Assessments & Key Findings

11.1.1.   Eastern Europe Crop Protection Chemicals Market Introduction

11.1.2.   Eastern Europe Crop Protection Chemicals Market Size Estimates and Forecast (US$ Billion) (2020 - 2035)

11.1.2.1.    By Type

11.1.2.2.    By Crop

11.1.2.3.    By Source

11.1.2.4.    By Mode of Application

11.1.2.5.    By Country

11.1.2.5.1. Russia

11.1.2.5.2. Hungary

11.1.2.5.3. Poland

11.1.2.5.4. Balkan & Baltics

11.1.2.5.5. Rest of E. Europe

12.   Asia Pacific Crop Protection Chemicals Market: Estimates & Forecast Trend Analysis

12.1.  Asia Pacific Market Assessments & Key Findings

12.1.1.    Asia Pacific Crop Protection Chemicals Market Introduction

12.1.2.    Asia Pacific Crop Protection Chemicals Market Size Estimates and Forecast (US$ Billion) (2020 - 2035)

12.1.2.1.    By Type

12.1.2.2.    By Crop

12.1.2.3.    By Source

12.1.2.4.    By Mode of Application

12.1.2.5.    By Country

12.1.2.5.1. China

12.1.2.5.2. Japan

12.1.2.5.3. India

12.1.2.5.4. Australia & New Zealand

12.1.2.5.5. South Korea

12.1.2.5.6. ASEAN

12.1.2.5.7. Rest of Asia Pacific

13.   Middle East & Africa Crop Protection Chemicals Market: Estimates & Forecast Trend Analysis

13.1.  Middle East & Africa Market Assessments & Key Findings

13.1.1.   Middle East & Africa Crop Protection Chemicals Market Introduction

13.1.2.   Middle East & Africa Crop Protection Chemicals Market Size Estimates and Forecast (US$ Billion) (2020 - 2035)

13.1.2.1.    By Type

13.1.2.2.    By Crop

13.1.2.3.    By Source

13.1.2.4.    By Mode of Application

13.1.2.5.    By Country

13.1.2.5.1. UAE

13.1.2.5.2. Saudi Arabia

13.1.2.5.3. Turkey

13.1.2.5.4. South Africa

13.1.2.5.5. Rest of MEA

14.   Latin America Crop Protection Chemicals Market: Estimates & Forecast Trend Analysis

14.1.  Latin America Market Assessments & Key Findings

14.1.1.   Latin America Crop Protection Chemicals Market Introduction

14.1.2.   Latin America Crop Protection Chemicals Market Size Estimates and Forecast (US$ Billion) (2020 - 2035)

14.1.2.1.    By Type

14.1.2.2.    By Crop

14.1.2.3.    By Source

14.1.2.4.    By Mode of Application

14.1.2.5.    By Country

14.1.2.5.1. Brazil

14.1.2.5.2. Argentina

14.1.2.5.3. Colombia

14.1.2.5.4. Rest of LATAM

15.   Country Wise Market: Introduction

16.   Competition Landscape

16.1.  Global Crop Protection Chemicals Market Product Mapping

16.2.  Global Crop Protection Chemicals Market Concentration Analysis, by Leading Players / Innovators / Emerging Players / New Entrants

16.3.  Global Crop Protection Chemicals Market Tier Structure Analysis

16.4.  Global Crop Protection Chemicals Market Concentration & Company Market Shares (%) Analysis, 2024

17.   Company Profiles

17.1.                     Bayer CropScience

17.1.1.    Company Overview & Key Stats

17.1.2.    Financial Performance & KPIs

17.1.3.    Product Portfolio

17.1.4.    SWOT Analysis

17.1.5.    Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

17.2.      Syngenta AG

17.3.      BASF

17.4.      Corteva, Inc.

17.5.      FMC Corporation

17.6.      ChemChina

17.7.      Sumitomo Chemicals

17.8.      UPL Ltd.

17.9.      Nufarm

17.10.   Rotam CropScience Ltd

17.11.   Others

18.   Research Methodology

18.1.  External Transportations / Databases

18.2.  Internal Proprietary Database

18.3.  Primary Research

18.4.  Secondary Research

18.5.  Assumptions

18.6.  Limitations

18.7.  Report FAQs

19.   Research Findings & Conclusion

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

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Case Study- ICT Sector

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Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

Frequently Asked Questions

What is the market size of Crop Protection Chemicals Market in 2025?

Crop Protection Chemicals Market was valued at USD 77.4 Billion in 2025.

What is the growth rate for the Crop Protection Chemicals Market?

Crop Protection Chemicals Market size will increase at approximate CAGR of 5.7% during the forecasted period.

Which are the top companies operating within the market?

Major companies operating within the market Bayer CropScience, Syngenta AG, BASF, Corteva, Inc., FMC Corporation, and others.

Which region dominates the Crop Protection Chemicals Market?

Europe dominates the market with an active share of 36.5%.

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