Report says North American crop-protection chemical market will reach $28 billion by 2018

A MarketsandMarkets report, issued Wednesday, estimates the North American crop-protection chemical market will reach nearly $28 billion by 2018.

The global market research company’s report estimates the market size for crop-protection chemicals market in terms of both active ingredient volume and revenue.

MarketsandMarkets’ report, titled “North American Crop Protection Chemicals Market & Latin American Crop Protection Chemicals,” defines and segments the crop-protection chemicals market with current trends and forecasting of the revenues for herbicides, fungicides and insecticides. It also identifies the markets' driving and restraining factors and analyzes opportunities and challenges.

The market segment and revenue forecasts are based on major countries such as the U.S., Canada and Brazil, divided by product and crop types.

The report can be purchased by going to www.marketsandmarkets.com.