Source: MarketsandMarkets

The Agrochemicals Market Global Forecast (2010 - 2015) analyzes the agrochemicals market by products and geography and studies the major market drivers, restraints and opportunities for the agrochemicals market in U.S., Europe, Americas (except U.S.), Asia and ROW.

Due to increasing population and decreasing land availability, the global agrochemical market is expected to grow from $134 billion in 2010 to $223 billion in 2015, registering a high CAGR of 10.6 percent from 2010 to 2015. Market growth is also driven by the use of agrochemicals in the production of biofuels, which are rapidly gaining in importance over traditional petroleum-based fuel. Programs such as Integrated Nutrient Management (INM) and Integrated Pest Management (IPM) are now in place to minimize risks from agrochemicals related to health, economy and environment. 

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