World tendencies of development of the plants protecting tools market

Liudmyla Vasylenko

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2018, vol. 25, issue 2

Abstract: The purpose of the article is to analyze the current state of the plants protecting tools market, find out its main development tendencies and determine its prospects. Research methodology. In the research process, the following methods have been used: dialectic, abstract and logical, system economic analysis, generalization, comparative analysis. Research results. Analysis of the current world trends in development of the plants protecting tools market has shown that it increases production volumes both physically and costly each year. It’s been also discovered that economically developed countries continue to use significant amounts of plant protection tools. Nowadays Chinese agrochemical companies are becoming more active market participants, which increase sales of their own products, and also buy well-known world companies such as pesticides producers. Elements of scientific novelty. Development of the plants protecting tools market has been analyzed in this article. It also shows that usage of the plants protecting tools has been constantly increasing in both physical and cost expression. There’s been revealed that developed countries keep on applying a large number of chemical pesticides. In spite of this fact they annually increase application of bio-pesticides as an alternative way for crop protection. Practical significance. The presented material has practical value, since it summarizes the current world tendencies in development of the plants protecting tools market and determines its prospects for the nearest future. Tabl.: 6. Figs.: 3. Refs.: 16.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:411498

DOI: 10.22004/ag.econ.411498

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