Tuesday, 9 January 2018

Home Insecticide Market Trends, and Forecast 2025

Insecticides are substances that uses ovicides and larvicides against insect eggs and larve. Home insecticides are substances that can be used on skin, clothes, and other substances to kill or repel insects. There is high demand for home insecticides, ranging from spays used in the kitchen to garden sprays and mosquito repellents. Home insecticides are widely getting acceptance due to safety needs and healthy environment. The acceptance of synthetic household insecticides is shifting to natural home insecticides, owing to increasing health awareness. The common insecticides used at home includes carbaryl, Malathion, neem oil, spinosad, and pyrethrin.
Insect borne diseases have become common due to urbanization and increasing population, which is a driving factor for the growth in the market of home insecticides. Increasing concerns about vector borne diseases, urbanization, and increased health consciousness have triggered the demand for the home insecticide market.
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Home Insecticide Market Taxonomy:
Based on the Purpose Type, the global home insecticides can be classified as:
    • Termite Control
    • Mosquitoes and Flies repellents
    • Bedbugs & Beetles repellents
    • Rodent repellents
    • Cockroaches repellents
    • Others
Based on the Composition, the global home insecticides can be classified as:
    • Natural
      • Citronella Oil
      • Geraniol
      • Others
    • Synthetic
      • N,N-Diethyl-meta-Toluamide (DEET),
      • Hydroxyethyl Isobutyl Piperidine Carboxylate (Picaridin)
      • Others
  • Based on the Formulation, the global home insecticides can be classified as:
    • Dust
    • Granular
    • Aerosol
    • Baits
    • Spray-Ready to Use
    • Spray-Concentrate
  • Based on the Packaging, the global home insecticides can be classified as:
    • Small (50 ML to 200 ML)
    • Medium (200 ML to 500 ML)
    • Large (500 ML & Above)
  • Based on Distribution channel, the global home insecticides can be classified as:
    • Hypermarket
    • Supermarket
    • Drug Stores
    • Convenience Stores
    • Neighborhood Stores
    • Others
Natural home insecticides are mostly obtained from leaves and stems of various plants, which are non-toxic in nature with zero or minimal adverse effects on humans. Synthetic home insecticides are as effective as natural insecticides but they are preferred less due to adverse effects on humans. N, N-Diethyl-meta-Toluamide (DEET), is the most common compound used in synthetic home insecticides that is mostly found in sprays and lotions.
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Home Insecticides Market outlook:
    Rising population, urbanization, and increased health consciousness are the major driving factors in Asia pacific market. The sale of home insecticides in the form of coils are a major trigger to the home insecticide market in this region, due to the low income consumers demanding more of coil form of home insecticides. India, Philippines, and Indonesia are the major users of home insecticides in this region.
    North American home insecticides is expected to augment market growth mainly due to the Environmental Protection Council (EPA), which has banned chlorpyrifos in 2017, which was a major insecticide in the region. Moreover, Environmental Protection council has also made the consumption and production of insecticides mandatory in the region.
    Certain insects in Europe are seasonal, owing to which the demand for home insecticides is seasonal in Europe. Moreover, the European Union’s anti- insecticide regulation and the banning of neonicotinoids in 2013, the world’s most widely used insecticide is enabling the market to a stagnant growth.
The major players are adopting various organic and inorganic growth strategies. For instance, Dow Chemical and DuPont merger on 2017. The major players operating home insecticide market includes, Aristo Biotech & Science Pvt. Ltd., AIMCO Pesticides Ltd., Bharat Group, Gharda Chemicals Ltd., Godrej, HPM, Reckitt Benckiser, SC Johnson, Shogun Organics Ltd., and Zapi SPA.
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Monday, 8 January 2018

Industrial Labels Market Outlook, and Opportunity Analysis 2025

Industrial Labels are used for identification, advertising, and operating instruction purposes. They are engineered to survive the conditions of the equipment they are used on. They are used in transportation, automotive, manufacture of consumer goods, and construction industries. Industrial Labels can be designed to be moisture resistant, dust resistant, and high temperature and pressure resistant with anti-peel properties.
The primary use of label is to identify equipment and provide visual or textual information regarding use or risks. They also help keep track of manufactured products across the supply chain. The major drivers are security and tracking of equipment, which ensures efficient transit of goods. The major challenge is the large capital investment in setting up a labelling system.
Industrial Labels Market Taxonomy
On basis of type of label, the industrial labels market is segmented into:
    • Brand
    • Grade
    • Descriptive
    • Informative
On basis of Application, the industrial labels market is segmented into:
    • Security
    • Equipment Asset
    • Weatherproof
    • Branding
    • Others
On basis of Material, the industrial labels market is segmented into:
    • Plastic
    • Polypropylene (PP)
    • Polyethylene (PE)
    • Polycarbonate (PC)
    • Polyurethane (PU)
    • Others
    • Cloth or Fabric
    • Metal
    • Paper
    • Rubber
    • Bio stone
    • Others
On basis of Mechanism, the industrial labels market is segmented into:
    • Pressure Sensitive
    • Glue Applied
    • Heat Transfer
    • In-Mold
    • Others
On basis of Identification Technique, the industrial labels market is segmented into:
    • Radio Frequency Identification (RFID)
    • Barcode
    • Magnetic Stripes
    • Optical Character Recognition (OCR)
    • Others
On basis of Printing Technology, the industrial labels market is segmented into:
    • Flexography
    • Offset
    • Digital Printing
    • Screen Printing
    • Others
On basis of End User, the industrial labels market is segmented into:
    • Transportation
    • Automotive
    • Consumer Goods
    • Construction
    • Others
Brand label displays the brand and/or company, which manufactured the product. Grade label indicates quality of product (e.g. A, B, C). Descriptive label provides information regarding use of product and informative label indicates any additional information (i.e. date of manufacture & expiry, intermediary).
Security labels are the largest segment and are used to indicate any tampering of product. Also, based on material, plastic is the most used segment across all end user industries. Among identification techniques, Radio frequency identification (RFID) tags allow real-time location tracking across the supply chain. The barcode system is being replaced by RFID.
Transportation and automotive are the largest end user industries. Online shopping and mass movement of goods through various locations has boosted the industry.
Industrial Labels Market Outlook
    Asia Pacific is the fastest growing market. Rise in transportation and automotive sectors has driven the market growth. Increased consumption in India and China due to rising populations has led to increasing demand for goods, which in turn has boosted the industrial labels market. The advent of online shopping has resulted into vast increase in both cross border and domestic trade. India is slated to have 175 million online shoppers by 2020, which is a result of price wars between e-commerce giants Flipkart, Amazon, and others.
    North America and Europe posted strong sales in automobile sector which resulted in burgeoning growth in the industrial labels market. An estimated 17.55 million vehicles were sold in the US in 2016, with pickups and SUV’s the favored vehicles, due to low gasoline prices. This trend is expected to reverse as governments impose tough emission legislation. Three major automakers Ford, G.M, and Chrysler are the largest consumers of industrial labels.
    Latin American industrial label market is projected to grow due to flourishing transportation and automobile industries. Increased consumption and shift to personal transportation are a result of higher disposable income. Brazil, Argentina, and Mexico are major markets in the forecast period.
    Middle East and Africa smallest markets for transportation and automobile. Many African countries are largely un-motorized. GCC is showing burgeoning growth in luxury automobile and e-commerce segment which has increased trade with Asia Pacific region.
The launching of Middle East’s largest e-commerce website “noon.com” in January, 2017 has boosted the industrial labels market in the region. The site has an inventory of 20 million products and is partly funded by Saudi Arabia’s Public Investment Fund and other private GCC investors.
Key players operating industrial labels market include HP Inc., Cannon Inc., Xerox Corporation, Cenveo, Inc., CL Industries, Inc., H.B. Fuller Co., Cenveo, Inc., Dunmore Corporation, 3M Company, Brady Corporation, Avery Dennison Corporation, DuPont, and Henkel Ag & Company.
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Green Packaging Market Outlook, and Opportunity Analysis, 2017-25

Green packaging, also referred to as sustainable packaging, is used for packaging goods that have a low impact on energy consumption and the environment.. Green packaging is created using recyclable, and biodegradable materials and hence, is energy-efficient. Biodegradable plastics, recycled products, plant-based plastics, and alternative energy sources are some of the materials used in green packaging. The key benefits of green packaging are material reduction, waste reduction, increased recycling and recycled content, energy conservation, increased use of renewable materials, and transport-efficient. Increasing awareness among consumers regarding the benefits of green packaging and government regulations that encourage people to adopt eco-friendly alternatives are projected to drive growth of the green packaging market during the forecast period.
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Green Packaging Market Taxonomy
On the basis of product type, the global market is segmented into:
    • Recyclable Packaging
      • Paper
        • Kneaf
        • Wheatstraw
        • Bamboo
        • Rice
        • Bagasse
        • Others
      • Plastic
        • Bioplastics
        • PET
      • Glass
      • Metal
      • Others
    • Reusable Packaging
      • Fibre Drum
      • Plastic Containers
      • Others
    • Degradable Packaging
      • OXO
      • BIO
On the basis of packaging type, the global market is segmented into: Folding Cartons
    • Corrugated Boxes
    • Voidfill/Cushioning Packaging
    • Others
On the basis of application, the global market is segmented into: Food and beverages
    • Healthcare
    • Personal care
    • Others
Recyclable packaging attributed to the largest market share in the global green packaging market, owing to its benefits such as energy conservation and reduced carbon footprint. Among application, the food and beverage industry segment is expected to hold a dominant position in the green packaging market due to increasing demand for food products such as raw milk, cheese, yoghurt, and other dairy products.
Green Packaging Market Outlook-
    • Asia Pacific is the fastest growing region in the global green packaging market owing to its large food and beverage industry. Increasing population in emerging economies such as India and China, have increased the demand for food and beverages, in turn increasing the demand for green packaging for these products. This ultimately boosts growth of the green packaging market in Asia Pacific.
    • North America and Europe are expected to witness a steady growth in the green packaging market. The stringent government regulations related to landfill and waste management are creating opportunities for growth of the green packaging market. The Environmental Protection Agency (EPA), sets recycling targets, which are stringently implemented in the U.S. U.S states and municipalities actively pass laws and support initiatives to meet these recycling targets. Although, packaging wastes were not specifically addressed in these laws.
    • In Latin America, the Middle East, and Africa, strict regulations imposed on the use of conventional packaging are driving growth of the market for green packaging. The National Confederation of Industry (CNI) entered into an agreement with Ministries of Environment (MMA) and Industry, Trade and Services to develop services and products that minimize environmental impact and reduce energy consumption, raw materials, and emission generation.
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Manufacturers are adopting various organic and inorganic strategies to expand their product portfolio and enhance their strength. In 2014, Be Green Packaging, one of the leading players in green packaging was acquired by The Riverside Company.
Poor infrastructure facilities for recycling and high costs associated with recycling are  factors that restraint growth of the  green packaging market.
Some of the key players in global packaging are Be Green Packaging, Amcor, DS Smith, Evergreen Packaging, DuPont, Mondi, Rexam, Nampak, Sealed Air, Mondi Group, Tetra Laval (Tetra Pak), and Bemis Company, Inc.
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Sunday, 7 January 2018

Fire Protection Materials Market Analysis and Trends 2025

Fire protection material are materials that help resist and withstand fire. These materials are used to reduce the effects of destructive fires by minimizing the harm caused to the body. These materials can be classified into active fire protection materials or passive fire protection materials. Active fire protection materials are those that require some kind of motion and action for its protection such as the fire extinguishers used by the fire fighters, whereas passive fire protection materials are those that are installed in a building, which do not require any motion or action such as the fire resistant walls, floors, and fire doors.
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The increase in number of fire accidents, leading to the loss of life and valuable assets has made various construction companies more vigilant, compelling them to employ fire protection measures for safety, in turn, boosting the fire protection materials market. Moreover, the increase in demand from the major application industries, such as industrial and commercial constructions and oil and gas industries, has boosted the market growth.
Fire Protection Materials Market Taxonomy:
On basis of product type, the global fire protection market is segmented into:
    • Sealants
    • Fillers
    • Mortar
    • Sheets/Boards
    • Cementitious Spray
    • Putty
    • Cast-in Devices
    • Duct tape
    • Intumescent Coatings
    • Fire blocks
    • Asbestos
    • Others
On basis of application, the global fire protection market is segmented into:
    • Structural Steel Fireproofing - Cable
    • Wire tray fireproofing
    • Fire doors
    • Fire windows
    • Fire resisting glass
    • Fire resisting cables
    • Fire linings
    • Fire resisting partitions
    • Fire screens
    • Others
On basis of end-use, the global fire protection market is segmented into:
    • Construction
    • Residential
    • Commercial
    • Industrial
    • Oil and gas industry
    • Pharmaceutical industry
    • Aviation Industry
    • Electronics industry
    • Petrochemical industry
    • Aerospace industry
    • Others 
Intumescent thin film coatings have been replacing conventional techniques such as fillings, boards, and sprays. These coatings are extensively used by architects, contractors, builders, and engineers in the protection of steel. New innovations are boosting the productivity of fire productive materials. Epoxy intumescent is one such innovation, which is widely used in Oil rigs.
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Fire Protection Materials Market Outlook:
    • North American market is the largest market for fire protection materials. Owing to well-established industries and increased safety awareness among the populace, North American market is expected to sustain its leading position during the forecast period. Moreover, stringent laws and regulations specified by the OSHA, ANSI, UL, NFPA, and CCOHS in countries such as America and Canada, specifies the standards that products are required to adhere to and fire codes. This creates an increase in demand for Fire protection products. According to the National Fire Protection Association (NFPA), a decrease of around 21% in fire hazards has been observed over the last 5-10 years, which is mainly due to the adequate use of fire protection materials and the amendments of strict fire codes across the region. In addition to this, growth of the aerospace industry has further augmented the demand for fire protection materials in the region.
    • Growing construction industry, improving warehousing facilities, and increasing renovation of existing buildings are the driving factors for growth of the market in Europe. Moreover, increased spending on infrastructure, non- residential constructions, and urban housing projects in Eastern Europe, have led to the increase in demand for fire protection products in the region. The recent Grenfell Tower tragedy in 2017 has increased awareness regarding fire protection measures in the region, thereby attracting more investment from the government in fire protection materials. Europe is considered to be the second largest market for global fire protection materials.
    • Owing to the huge investments in end-use industries and high growth in infrastructural development, industrial development, and construction, Asia-Pacific is projected to be the fastest growing market for fire protection materials. The recent growth of the ware housing facilities in emerging economies such as India and China, have further augmented the fire protection materials market in this region.
    • The Middle East and Africa are expected to be the second fastest growing market for fire protection materials. The increase in growth of the construction industry, industrialization, and disposal income of the population are the factors driving growth of the market in these regions. The high demand for fire protection materials in the oil and gas industry is also contributing to growth of the fire protection material market. The innovation of epoxy intumescent has further increased growth of the market for fire protection materials. Growth in the construction sector of Qatar, owing to the FIFA world cup 2022, has been a major driving factor fueling demand for fire protection materials in the region. Planned investments are made in Lusail City, Al Jawhara city and in Barwa for fire protection material.
Major players are adopting various organic and inorganic growth strategies. For instance, Republic Elite acquired a merger with LDC Stone, Inc. in 2017.
The major players in the fire protection materials market include Hilti Group, 3M Co, Akzo Nobel N.V., Morgan Advanced Materials, Specified Technologies Inc., Etex, Tremco Incorporated, BASF SE, Isolatek International (U.S.), USG Corporation, Hempel Group, PPG Industries Inc., W.R. Grace & Co., Rolf Kuhn GmbH, and Rectorseal.
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Thursday, 4 January 2018

Offshore Decommissioning Market Analysis and Share

Decommissioning refers to the process of ending oil and gas operation at the offshore platform keeping in account the risk and safety of the offshore environment. This process carried out when oil production from the well decreases substantially. Offshore decommissioning must be done cost efficiently, as it comprises of risks and uncertainties, creating challenges for decommissioning projects.
The major drivers of offshore decommissioning market are infrastructure aging and maturing oilfields especially in North Sea and Gulf of Mexico. Decline in crude oil prices are estimated to augment the growth of the oilfields decommissioning market. Risk involved and high cost for decommissioning are some of the factors restraining the offshore decommissioning market growth.
Global Offshore Decommissioning Market Taxonomy
On the basis of decommissioning process, the global offshore decommissioning market is segmented as:
    • Project Management
    • Planning and Engineering
    • Permitting Compliance
    • Regulatory Compliance
    • Platform Preparation
    • Well Plugging and abandonment
    • Conductor Removal
    • Mobilization & Demobilization of Derrick Barges
    • Platform Removal
    • Pipeline and Cable Decommissioning
    • Material Disposal
    • Site clearance
On the basis of service, the global offshore decommissioning market is segmented as:
    • Removal, Disposal, Remediation and Environmental Studies
    • Modelling and Sampling
    • Waste Mapping and Handling
    • Impact Assessment Programme and Decommissioning Plan
    • HAZID (Hazard Identification Study) and Safety Screening, Removal of Equipment with NORM
    • Site Inspection and Weight Estimation
    • Stress Analysis, Lifting and Rigging Procedures
    • Transportation and Sea Fastening
    • Others
On the basis of water depth, the global offshore decommissioning market is segmented as:
    • Shallow-depth
    • Deep Water
    • Ultra-deep Water
Among the decommissioning process, the well plugging and abandonment accounted to have the largest share in offshore decommissioning market. Shallow water depth segment is accounted to have the largest growth in offshore decommissioning market, due to its less expenditure in shallow water. New projects are established in deep & ultra-deep waters over the last few decades emphasizing the growth of offshore decommissioning market.
Global Offshore Decommissioning Market Outlook
    Europe is projected to be the fastest growing market in offshore decommissioning, owing to the maturing oilfields and high spending in North Sea and UK. The ceasing of major oilfields and excellent regulatory framework is ensuring high pace of offshore decommissioning market in Europe. Oil and Gas Authority, in U.K., is expected to invest around US$ 71 billion for safe decommissioning.
    North America is accounted to be the second largest market in offshore decommissioning, owing to maturing oilfields in Gulf of Mexico with large number of platforms decommissioning every year.
    Asia Pacific is witnessed to have a significant growth rate in offshore decommissioning market, owing to rise of aging oilfields. The decommissioning opportunities in Indonesia and Malaysia is anticipated to enhance the offshore decommissioning market in this region. Middle East offshore decommissioning market is projected to have a significant growth, due to its prolonged oil and gas operations and production activities.
The U.S assembled The Outer Continental Shelf Lands Act (OCSLA) and regulations establishing decommissioning obligations, which must be fulfilled by the operator during the signing of an offshore lease, including the requirement of approval and permit to remove the platform.
The OCSLA regulations administrated by Bureau of Safety and Environment Enforcement (BSEE) demands that the operator must obtain approval through an application prior to the removal of platform.
Key Players in the Global Offshore Decommissioning Market
The major key players operating in the global offshore decommissioning market include Amec Foster Wheeler ASA, Aker Solutions, AF Gruppen S.A., Tetra Technologies, John Wood Group PLC, Able UK, DNV GL, Heerema Marine, Allseas Group, DeepOcean Group, and Technipfmc
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Lead Acid Battery Market Opportunity Analysis and Forecast till 2025

Lead acid battery is considered to be the oldest type of rechargeable battery with its use spanning across industries. It has the advantage of supplying high surge current, as the cells have large power to weight ratio. High power to weight ratio and low cost makes lead acid batteries attractive for its use in the automotive sector. Lead acid batteries comprises of container, plates, cell, separators, and battery terminals.
The increasing demand from various industries, such as automotive sector, telecom sector, uninterrupted power supply in oil and gas mining, manufacturing, and chemical is expected to the boost the growth of the lead acid batteries market globally. Moreover, the low cost of the batteries coupled with new developments and innovation in lead acid battery products is further expected to augment the market growth. However, environmental restrains, due to lead content and threat from substitute namely lithium-ion battery are the major restraints for the growth of global lead acid battery market.
Asia Pacific accounted for the largest market share in the global lead acid battery market, in terms of revenue in 2016 and this trend is expected to continue over the forecast period. The growing industrialization and globalization in this region is the major driver in the growth of market. Furthermore, the growth in automobile industry coupled with rise in the disposable income is further expanding the automobile sales, thereby augmenting the market growth for lead acid batteries. According to China Association of automobile manufacturers (CAAM), China witnessed a year on year of 6.2% from 2016 to 2017 in automobile sales. Moreover, the increased government expenditure in the retail sector has resulted in the growth of the various industries, such as construction, power, banking, and telecom industry, in turn fuelling the demand for lead acid batteries, owing to its efficient use as energy storage system. According to Indian Brand Equity Foundation (IBEF), Ministry of Commerce and Industry, Government of India, the retail market in India is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015, due to income growth, urbanization, and attitudinal shifts.
North America accounted for the second largest market globally. The developed industrial sector in this region stands to be the major factor contributing to the market growth. The presence of leading automobile companies, which include Toyota, Ford motor company, General Motors, and Fiat Chrysler Automobiles has augmented the demand for lead acid batteries. According to the International Trade Association, exports of automotive parts from the U.S has shown a steady growth from US$ 5 billion in 2012 to US$ 7.2 billion by 2015. Moreover, the developed telecom sector coupled with the increasing oil and gas related activities post the shale gas boom has propelled the need for power storage device hence, surging the demand for lead acid batteries in the region.
Based on the product, SLI lead acid battery is the largest segment in 2016 and is expected to show the same trend during the forecast period. SLI lead acid battery holds a revenue of US$ 26.80 billion and is expected to grow at a CAGR of 3.39% from 2017 - 2025. The increasing use of SLI lead acid battery in electric vehicles, owing to its excellent cold cracking abilities in engine starting coupled with durability are the major factors contributing to market growth.
Major Players in the Global Lead Acid Battery Market
The major players operating in the global lead acid battery market include Johnson Controls, ATLASBX Co. Ltd, Exide Technologies, East Penn Manufacturing Co, Crown Battery Manufacturing Company, C&D Technologies, INC, GS Yuasa Company, and Leoch International Technology Ltd.
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Seed Coating Materials Market Trends, Insights Analysis and Forecast 2025

Seed coating is the method of applying seed protection formulation over seed surface. The prime aim for seed coating is enhance protection of the seeds against pathogenic, fungal attacks. Applying weight to very light seeds and improving shape of uneven seeds for greater precision of planting are some other purposes of seed coating. Various materials such as polymers, fertilizers, repulsive agents are used to coat seeds. Key advantages associated with seed coating such as high crop yield per hectare, high binding capacity coupled with high shelf life, higher seeding rates are expected to fuel demand for seed coating materials throughout the forecast period.In addition, increasing research and development activities to develop high performance coating methods with advanced features is expected to fuel growth of seed coating materials market over the forecast period. For instance, in the recent past, a film coating method has been developed that allows for uniform and dry polymeric coating to overcome disadvantages of other coating methods.
However, stringent government regulations imposed on the use of chemicals is a restraint for seed coating materials market growth. The impact of this restraint is expected to be low due to technological advancement in coating materials manufacturing processes.
Among product types, polymer segment holds the largest revenue share in the global seed coating materials market and is expected to lead the market by witnessing a CAGR of 7.10% over the forecast period. Increasing demand for polymeric seed coating materials such as polyurethane, polyvinylacrylate, polyvinylpyrrolidone etc. in agriculture due to their high efficacy in terms of binding capacity and ease of pouring is projected to have a positive impact on the growth of this segment in the near future.
Among crop types, cereals & grains segment accounted for the highest share, in terms of revenue in 2016. According to Food and Agriculture Organization of United Nations (FAO), world cereal & grains utilization is projected to reach 2,591 million tons by 2017 end, which creates a highly potential market for cereal & grains coatings.
North America accounted for highest revenue share and was valued at US$ 0.42 billion in the global seed coating materials market in 2016. The region is expected to retain its dominance throughout the forecast period, due to increasing awareness about advantages of seed treatment such as seed germination enhancement, better seed performance in adverse conditions fuelled by government seed treatment campaigns in the region.
According to a study by Coherent Market Insights, the global seed coating materials market was valued at US$ 1.22 billion in 2016 and is expected to witness a CAGR of 8.43%, in terms of revenue, over the forecast period (2017 – 2025).
North America held highest revenue share of 34% in the global seed coating materials market, in 2016 and the region is projected to maintain its dominance in the near future. Europe accounted for the second largest revenue share in global seed coating market in 2016 and is expected to maintain its position over the forecast period.
Major Players in the Global Seed Coating Materials Market
The major players in the seed coating materials market include Clariant International, Chemtura Corporation, BASF SE, Bayer CropScience AG, Precision Laboratories LLC, Croda International PLC, Platform Specialty Products Corporation and Chromatech Incorporated among others. Key players are strategically investing in the Seed Coating Materials market, to enhance their product portfolio through collaboration, joint ventures, merger & acquisitions. For instance, in 2017, BASF signed an agreement to acquire significant parts of Bayer’s seed and non-selective herbicide businesses.
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