Organic & Inorganic Chemistry

Global market of organic chemicals

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The chemical protective clothing market is segmented on the basis of fiber type, user type, end-use industry, and region. The chemical protective clothing market is projected to register a CAGR of 5.8% between 2015 and 2020 and is expected to reach a market size of USD 1.2 Billion by 2020. Europe is the largest market for chemical protective clothing in the world and is projected to retain this position over the next five years. This is because of the stringent government legislations for the use of chemical protective clothing in certain industries. The high growth rate of the market is also attributable to the growing industrial sector in emerging economies such as China, India, Japan, and Brazil.

 

The agrochemicals market is considered to be one of the most important segments of agri-inputs, due to the expanding commercial cultivation of high value crops to meet the rising diversified food demand. Agrochemicals are consequently seen as those products, which improves the return on investment and also aid in meeting farmer’s as well as consumer demands, from the economical and health perspective with increasing per hectare production of quality agricultural products. The adoption of new technologies that increases crop production through the optimal use of scarce resources such as land, water, and fertilizers is gaining attention in the field of agriculture. The high growth potential in emerging markets and untapped regions, provides new growth opportunities for the market players. The growth of this market is driven by growing farmer’s attention towards superior quality agrochemicals, which should be balanced and nutritive.