Crop Protection Chemicals Market, By Origin (Synthetic, Bio-Based), By Type (Fungicide, Insecticide, Nematicide, Herbicide, Other types), By Application (Grains and cereals, Pulses and Oilseeds, Fruits and Vegetables, Commercial Crops, Other crop types), By Geography(North America, Latin America, Asia Pacific, Europe, Middle East and Africa)

Published In : Sep 2023

Code : CMI5288

Pages :159

Formats :

Excel and PDF

Industry : Agrochemicals

Market News

Global Crop Protection Chemicals Market: Key Developments

In May 2021, China's two centrally administered, state-owned chemical manufacturers- Sinochem and ChemChina- were being restructured and merged to form a behemoth. Both companies are based in Beijing, with each holding several subsidiaries across industry segments. The new chemical giant will operate in a wide array of sectors, like life sciences, material science, basic chemicals, environmental science, rubber and tires, machinery and equipment, and industrial finance.
In September 2020, BASF SE acquired proprietary technology for L-glufosinate ammonium from AgriMetis. The company was acquired for developing highly improved concentrated weed control products. This is likely to help strengthen the position of BASF SE in the crop protection market by developing new products for protection against weeds.
In January 2020, Corteva Agriscience launched the Cerefit fungicide in Canada. Cerefit is a dual-mode- of-action fungicide that targets leaf diseases. It ultimately provides farmers with increased yield potential.
For example, in 2020, Syngenta launched a new sustainability program called The Good Growth Plan, which aims to promote sustainable agriculture and reduce the environmental impact of crop production.