Monomethyl Acetoacetamide Market Share

On the basis of geographical analysis, the global monomethyl acetoacetamide market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is predicted to dominate majority revenue share by 2036, on the back of high usage of pesticides in the region. According to the data by the Food Agriculture Organization (FAO), Asia region accounted for more than 50% of the global pesticide consumption, in 2018. The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to increasing use of agrochemicals, along with the growing import and consumption of chemicals in the region.