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China Crop Protection Market Outlook to 2018 – Increasing Government Support for Bio Pesticides to Drives Revenues

Posted Jul 3, 2014 by kenresearch12
Future Growth led by surging market of Herbicides and Bio-Pesticides

FOR IMMEDIATE RELEASE (Press Release) Jul 3, 2014 -- China Crop Protection Market Outlook to 2018 – Increasing Government Support for Bio Pesticides to Drives Revenues” provides a comprehensive analysis of China pesticides industry on the basis of production, consumption and revenue. The report includes coverage on various market segments namely herbicides, insecticides, fungicides and bio-pesticides. The report also features the company profiles of major pesticides manufacturers in China as well as the revenues of major ten players in the China Crop Protection Market.

Over the years, China crop protection market has developed extensively and has contributed significantly towards China’s agriculture and public health. The market registered revenues of USD ~ billion in 2013, recording growth at a CAGR of ~% from 2008. The revenues of the market has been derived majorly from two major pesticide components, namely technical and formulations The production capacity of the pesticides industry in China is higher than the consumption of pesticides, thereby showcasing a significant exports market. The herbicides segment of the market commanded the highest market share of ~% in 2013, aggregating sales worth USD ~ billion, followed by insecticides and fungicides with ~% and ~% share respectively.

The domestic market of China is majorly held by generic products accounting for a share of ~% of the market revenues whereas only ~% of the market is held by patented products as of 2013. An emerging trend in the pesticides market in China has been a shifting focus on developing environment-friendly pesticides by the industry as well as the Government. In this regard, the share of bio-pesticides which currently forms a share of ~% of the market is projected to gain considerable traction in the coming years. Some of the major factors influencing this market are climatic conditions, food grain production, farmer’s income and GDP contribution to agriculture.

China agrochemicals market is highly fragmented with the presence of over 800 companies. The major players include Huapont Nutrichem, Wynca Chemical, Fuhua Tongda Agro-chemical Technology, Nanjing Red Sun among others. Wynca Chemical dominated the market in 2013, generating revenues of USD ~ million, whereas Jinfanda Bio-Chemical occupied the second place, with close competition from Wynca Chemical, accounting sales of USD ~ million in 2013.

China Crop Protection Market is expected to undergo a transformation in the coming years. Improvements in the variety and quality of pesticides, especially those that are technically more skillful will propel the pesticide usage in the country. Revenues from the pesticides market in China are expected to expand to USD ~ billion in 2018, growing with a CAGR of ~% from 2013 to 2018 on account of renewed focus on agriculture by the Government.

Browse report with TOC-

Contact Person- Ankur Gupta
Contact Email Id- [email protected]
-- EOF ---
Contact Email :
Issued By : Ankur Gupta
Website : Ken Research
Business Address : NDM-II, Netaji Subhash Place, Pittampura
New Delhi
Country : India
Categories : Agriculture, Reports, Research
Tags : China Crop Protection Market, China Agrochemicals Industry, China Pesticides Market, China Herbicides Industry, China Insecticides Industry
Last Updated : Jul 3, 2014

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