MRO Magazine

Research and Markets: Agrochemical Market in India 2016-2020 – Top 10 Tech Grade Products By Production, Consumption & Installed Capacity

January 7, 2016 | By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/rpt8zs/agrochemical) has announced the addition of the “Agrochemical Market in India 2016-2020” report to their offering.

The report 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.

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.

Companies Mentioned:

  • BASF
  • Bayer CropScience
  • Syngenta
  • Rallis
  • UPL
  • Dhanuka
  • Dow Agroscience
  • Dupont
  • Insecticides India.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Top 10 tech grade products by production, consumption, and installed capacity

PART 07: Product segmentation by consumption

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Other prominent vendors

For more information visit http://www.researchandmarkets.com/research/rpt8zs/agrochemical

Research and Markets
Laura Wood, Senior Manager
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