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Europe Crop Protection Chemicals market to hit the size of USD 16 Billion: Actual Market Research
Nov, 10
2021

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Europe Crop Protection Chemicals market to hit the size of USD 16 Billion: Actual Market Research

 

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The recent addition of Actual Market Research, under the title of- Europe Crop Protection Chemical Market Outlook, 2026, gives a brief of the market, segmented by product type, by application, and by country. The segmental analyses have been detailed in terms of products, and in terms of application. These segments are analyzed country-wise and the report also covers a detailed discussion about the trends, rules, and regulations across the region.

Agriculture is considered one of the most important contributors to the overall economy of the European Union. The region is the third-largest contributor in the global crop protection market. The crop protection chemical market in the region is hampered by the unpredictable environment and the stringent rules against agricultural chemicals. The region is likely to be growing at a high anticipated growth rate and thus reach a market value of over USD 16000 Million. The increasing population in the region is driving the need to increase crop yield. This is a primary reason for the farmers to incorporate the use of chemical pesticides. However, many pesticides are banned in the region, and the cost of registering a new pesticide is also high. Through the forecasted period, the herbicides segment is likely to be growing with the highest CAGR of 6.32%. The use of pesticides is considerable in non-crop plants like turfs & ornamentals.

The European Union chemical and pesticide legislation aims to protect human health and the environment and prevent trade barriers. The fruits & vegetable cultivation in the region accounted for the highest share of crop protection consumption. While the usage limit is restricted in the region, the imports fail to meet the same. Imports from Turkey, do show traces of Carbendazim, which was banned by the EU in 2015. This common fungicide was proven a threat to human fertility, hormones, and the nervous system. The use of crop protection chemicals has not decreased in the region, despite numerous ongoing debates on sustainable agriculture. In the year 20218, it was estimated that over 400,000 tonnes of pesticides were sold in the region, majorly for agricultural purposes. France & Italy are the top two contributors in the region, who in the year 2020 held more than 30% of the region’s share.

Contrary to the claims, the use of crop protection chemicals in the region is increasing. The use of highly toxic active substances is rising to control the pesticide resistance pests. Many governments in the region have announced initiatives for the provision of greener crops. In the region, fake claims are spread, based on weight measurements of the chemicals used. The use of pesticides might have been reduced in terms of weight, but in terms of chemical compositions, the pesticides are more toxic now. The better consideration in the region would be in terms of the overall pesticide use based on the area covered, frequency, and the number of active ingredients.

The majority of the companies in the global landscape of this market are enjoying great potential in this million-dollar industry, even though they face a lawsuit now and then. A few of the most prominent companies in the market which are profiled in this report are: Adama Ltd., Basf SE, Bayer AG, Dow AgroSciences, FMC Corporation, Huapont Life Sciences, Nufarm, Sumitomo Chemical, Syngenta AG, UPL