Agrochemicals Market: Global Industry Analysis and Forecast to 2020
There are mainly two basic market segments of agrochemicals namely, fertilizers and pesticides. Fertilizers are further segmented in four categories namely nitrogenious, potassic, phosphatic and others. Different segment of pesticides includes insecticides, herbicides, bio-pesticides and others.
Growth in demand for food grains owing to increasing global population coupled with reducing per capita farm land due to surging urbanization and industrialization is one of the most dominant drivers of global agrochemicals market.
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