Agricultural technology advancements have resulted in a shift in farming practises. With increased export and import of agricultural commodities across different geographies, particularly in developing regions, new types of harmful organisms have emerged, increasing demand for novel active ingredient products to protect crops. The globalisation of the agrochemical industry has a significant impact on Asian crop protection markets. With the highest rate of population growth, increasing demand for food production, and economic growth, the demand for various Agrochemicals Market such as herbicides and pesticides is increasing. While the demand for food products is increasing in the developing countries of Asia Pacific, the available landmass for agriculture is shrinking due to the increased effect of urbanization that propels farmers to use various agrochemicals to maintain soil health and increase land productivity. Read more- https://cmi-latestreportorientedblogs.blogspot.com/2022/08/global-agrochemicals-market-is.html
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Bioethanol, a gasoline substitute, is a biofuel derived from natural sources such as sugarcane, maize, and corn. Bioethanol is produced from food crops; however, with the introduction of second- and third-generation biofuel technologies, the reliance on food crops for bioethanol production has decreased. The manufacturers' primary focus is on producing bioethanol from agricultural and forest residues, as well as energy crops such as miscanthus, switchgrass, and sugarcane bagasse. The factors driving the global Bioethanol Market are rising environmental concerns, which encourage manufacturers to produce bioethanol, blending mandates from regulatory bodies such as the EPA (Environmental Protection Agency), and abundant raw material availability. However, high investment cost of cellulosic ethanol and issues about use of food crops for fuel production are expected to hamper the bioethanol market growth during forecast period. Moreover, development of second- & third-generation biofuels are expected to create innumerable growth opportunities in the bioethanol market. Source Link- https://cmi-latestreportorientedblogs.blogspot.com/2022/08/bioethanol-market-global-opportunity.html |
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