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The Energy Independence and Security Act of 2007 (EISA) mandating biofuels led to a surge in pesticide demand. Clean energy initiatives worldwide further push agrochemical-based institutions to upgrade their products and accelerate the move to greener alternatives. In addition, large-scale investments are being made in this sector to develop new varieties of fertilizers and pesticides for better efficacies. Biopesticides are one of the potential areas in which the United States has made significant advancements.
The Crop Protection Chemicals Market is projected to reach $73,530.7 million in 2026, registering a CAGR of 3.7%. Therefore, both CF and MOS should benefit significantly.
