The chemicals used for crop protection are herbicides, insecticides, and fungicides. Insecticides are used for combating animal and human diseases. The environmental and toxicological properties of these chemicals have been improved over the period of time. Currently. the manufacturers are involved in intensive research & development for production of chemicals that do not affect the environment. Among the product type segments, the herbicide segment in the global crop protection chemicals market is estimated to account for a majority revenue share of US$ 25.4 Bn in 2017.
Among the crop type segments, the fruits & vegetables segment is expected to account for major revenue share of US$ 16.0 Bn in 2017.
Among the regional markets such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, the market in Europe is estimated to account for US$ 16.4 Bn in 2017.
Key players operating in the global market include BASF SE, Arysta LifeScience Corporation, Bayer Crop Science AG, Sumitomo Chemical Company Limited, DowDuPont Inc. (E. I. du Pont de Nemours and Company and The Dow Chemical Co.), FMC Corporation, Marrone Bio Innovations Inc., Monsanto Company, American Vanguard Corporation (AMVAC Chemical Corporation).