Covid-19 Impact On Grain Protectants Industry Analysis, Trends, Development Forecast To 2024

By Author: Nikhil khadilkar
Total Articles: 431
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Market Overview:
Grain Protectants Market is expected to garner revenue of USD 750 Million by 2024 at a CAGR of approximately 5% during the forecast period of 2019–2024 The global Grain Protectants Market has been segmented into control method, grain type, and target pest. By control method, the global grain protectants market has been classified into chemical, physical, and biological.

Growing awareness to reduce grain losses during bulk storage is expected to largely drive the global Grain Protectants Industry Analysis. Furthermore, growing pressure on market for cost-effective price range for grain protectants during the post-harvest stage is anticipated to favor the market growth. Increasing investments on R&D facilities for product innovation to replace banned chemicals is expected to provide lucrative opportunities to the market players.

Competitive Analysis:
Some of the key players operating in the global grain protectants market are Bayer AG (Germany), DowDuPont, Inc. (US), BASF SE (Germany), Sumitomo Chemical Co., Ltd. (Japan), Arysta LifeScience Corporation (US), Syngenta (Switzerland), ...
... FMC Corporation (US), Nufarm Limited (Australia), UPL (India), DAI (US), and Hedley Technologies Ltd (Canada).
Regional Analysis:
The global grain protectants market has been analyzed across five key regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The Asia-Pacific market held the largest market share in 2017 and is expected to grow at a substantial CAGR in the coming years owing to large consumer base and growing awareness for crop protection. China and India are the major countries contributing to the regional market growth owing to rising demand for fumigants and growing demand for safe and quality crops. The North American market is projected to grow at the highest CAGR during the forecast period owing to decreasing arable lands and advanced grain protection techniques. The US is the major contributor in the region owing to growing innovation capabilities and the presence of major companies serving the product in the region such as DowDuPont, Inc. and FMC Corporation.

Segmentation analysis:

The global grain protectants market has been segmented into control method, grain type, target pest, and region.

Based on control method, the global grain protectants market has been categorized into chemical, physical, and biological.

By grain type, the global grain protectants market has been classified into corn, wheat, rice, and others.

On the basis of target pest, the global grain protectants market has been divided into insects, rodents, and others.

The global grain protectants market has been studied across five key regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

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