Structural bright spots remain
Release time:
2022-05-17
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Abstract
The data shows that the global pesticide market in 2011 was about 50.3 billion US dollars, of which chemical pesticides were 44 billion US dollars, with a year-on-year growth of 13.4% and 14.9% respectively. It is expected that the scale will reach 68.5 billion US dollars in 2017. In the next five years, it has continued to develop well with a compound annual growth rate of 5.5%. The rapid development of China's pesticide industry has benefited from low manufacturing costs and the resulting industrial transfer. The tightening of environmental protection requirements is also conducive to the concentration of production capacity in advantageous enterprises.
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