US demand for formulated pesticide products is forecast to increase 2.6 percent per year to $12.1 billion in 2016. Gains will be driven in part by rising demand for new formulations used in multiple settings. Herbicides will remain the largest product segment and show the strongest growth. The agricultural market will remain dominant and grow the fastest.This study analyzes the $10.7 billion US pesticides industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by formulated and active ingredient product, (e.g., herbicides, insecticides, fungicides, fumigants, defoliants and desiccants, rodenticides, nematicides, biopesticides) and market (e.g., agriculture by type, agriculture by crop, commercial, consumer).The study also considers market environment factors, details industry structure, evaluates company market share and profiles 36 industry competitors, including Syngenta, Bayer and Monsanto.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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