The global crop protection chemicals market is expected to reach USD 90.1 billion by 2022, according to a new report by Grand View Research, Inc. Biopesticides is expected to drive demand for crop protection chemicals across the globe. Increasing adoption of biopesticides in North America and Europe owing to supportive regulations and high consumer awareness is likely to augment demand over the next seven years. The market is highly consolidated with leading nine companies accounting for over 80% of the market share in 2014. Growing demand for the products particularly in ROW has led to contract manufacturing by various small scale regional enterprises. This trend is expected to continue over the forecast period owing to improved market penetration at a significantly lower cost.
http://www.grandviewresearch.com/industry-analysis/crop-protection-chemicals-market
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