The recent addition of Actual Market Research, under the title of- Global Crop Protection Chemical Market Overview, 2020- 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 world.
Even though the main function of crop protection chemicals is to kill the invasive organisms on the plants, it harms human, who is the end consumer equally. The continuous exposures to pesticides do have proven negative outcomes including birth defects, immunity disorder, neurological problems, etc. Yet, to feed the never declining world population, the framers are compelled to use pesticides for a better yield. The global market of crop protection chemicals which recorded a historic growth rate of 3.92% is expected to cross a value of USD 75000 Million by the end of the forecasted period.
The short-term effects caused by pesticides include rashes, blisters, nausea, dizziness, diarrhea, etc. The chronic effects which might occur due to yearlong exposures can cause cancers, birth defects, reproductive harm, immunotoxicity, neurological and developmental toxicity, and disruption of the endocrine system.
Every crop protection chemical comes with its set of environmental hazards. Globally, more than 60% of the total arable land is at the risk of pollution caused by one or more active ingredients of pesticides. This is at a much higher intensity in the regions with high biodiversity. Such unpleasant side effects of pesticides have resulted in the banning of highly toxic ingredients in many countries.
The chemicals take a long time to break down into the soil and thus erode the soil fertility, directly affecting productivity. These chemicals get into the groundwater and cause irreversible environmental damages. While it is true that few insects are a danger to the crops, many are not, but in fact, they are important to the overall balance of ecology. The crop protection chemicals kill the organism, irrespective of their nature. Due to the prolonged excessive use of certain pesticides, primary biomarkers like bees and sparrows are slowly diminishing from the ecosystem cycle.
The intensity of the effects of these crop protection chemicals varies among different people. Children are more sensitive, as their body isn’t fully functional enough to break down the chemicals as effectively as an adult body. People with asthma and chronic diseases are more vulnerable to pesticide exposure.
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