MCPA Pesticide Market Shows Strong Growth with Leading Players | Sumitomo Chemical Co. Ltd.; UPL; AMVAC Chemical Corporation; ADAMA Ltd.; NIPPON SODA CO. LTD.
MCPA Pesticide Marketis a chemical compound that is a combination of MCPA (2-methyl-4-chlorophenoxyacetic acid), which is a dry-powdered herbicide which is combined with various pesticides for the differing effects it has on the crops. This chemical compound is of a dangerous toxic nature; even though it protects crops and plants from weeds as well as promoting the uninhibited growth of plants.
Global MCPA Pesticide Market is expected grow with a stable CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to prevalence in adoption of methods that increase the production of output from the same land area.
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Competitive Analysis: Global MCPA Pesticide Market
Few of the major competitors currently working in Global MCPA Pesticide Market are Syngenta; DowDuPont; FMC Corporation; Bayer AG; ChemChina; China National Chemical Corporation Co., Ltd.; Nufarm; BASF SE; Sumitomo Chemical Co., Ltd.; UPL; AMVAC Chemical Corporation; ADAMA Ltd.; NIPPON SODA CO., LTD.; SINOCHEM GROUP CO., LTD.; Marrone Bio Innovations; BioWorks, Inc.; Isagro and ISHIHARA SANGYO KAISHA, LTD.
Key Pointers Covered in the Global MCPA Pesticide Market Trends and Forecast to 2026
- Global MCPA Pesticide Market New Sales Volumes
- Global MCPA Pesticide Market Replacement Sales Volumes
- Global MCPA Pesticide Market Installed Base
- Global MCPA Pesticide Market By Brands
- Global MCPA Pesticide Market Size
- Global MCPA Pesticide Market Procedure Volumes
- Global MCPA Pesticide Market Product Price Analysis
- Global MCPA Pesticide Market Healthcare Outcomes
- Global MCPA Pesticide Market Cost of Care Analysis
- Global MCPA Pesticide Market Regulatory Framework and Changes
- Global MCPA Pesticide Market Prices and Reimbursement Analysis
- Global MCPA Pesticide Market Shares in Different Regions
- Recent Developments for Global MCPA Pesticide Market Competitors
- Global MCPA Pesticide Market Upcoming Applications
- Global MCPA Pesticide Market Innovators Study
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Key Developments in the Market:
- In February 2019, UPL announced they had completed the acquisition of Arysta LifeScience from their parent organization Platform Specialty Products for USD 4.2 billion. This acquisition will help in the expansion of reach and capabilities of UPL for providing agricultural solutions and services
- In August 2018, Monsanto Company announced that the integration of their business operations and organization into the Bayer AG. This acquisition creates a global leader of agriculture focused organization with entirety of its focus on development of innovative product offerings and being equipped with already established service offerings.
Market Drivers:
- Increasing demand for higher food grains and products output amid decline in the cultivable and fertile land available in the market; this factor is expected to positively drive the growth of the market
- Steps undertaken by the government and various authorities for helping farmers and providing them with latest technologies and agricultural solutions
Market Restraints:
- Changes in lifestyle increasing the adoption or organic methods of farming; this factor is expected to restrain the growth of the market
- Toxicity effects and awareness regarding the harmful nature of the chemical is expected to restrain the growth of the market
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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