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Navigating the Complex Landscape of the Insecticides Market: Trends, Challenges, and Opportunities

Market Overview: Insecticides Market

Ticks, mites, spiders, mosquitoes, rats, and mice are just a few of the many insects and disease carriers that are controlled with the help of insecticides, which are speciality chemical compounds. Aside from home and commercial pest management programmes, pesticides are also employed in agriculture, horticulture, floriculture, public health, industrial applications, and other fields.

The global insecticides market is broadly divided into five different segments based on the chemical makeup of the insecticides: organophosphorus compounds, pyrethroids, neonicotinoids, methyl carbamates, and others. The pesticides market is divided into categories for cereals & grains, oilseeds & pulses, fruits & vegetables, and others based on the types of crops grown there.

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Some of the key factors driving the market are rising concerns about insect-transmitted diseases, the trend toward disease prevention rather than cure, and expanding commercial pest management service industries. The market for insecticides is also being driven by the rise in food grain demand brought on by an expanding world population as well as the decline in per-capita farmland caused by accelerating urbanisation and industrialization.

The increasing research and development (R&D) in the fields of bio-insecticides in order to compete with demand of health and nature friendly insecticides is most prominent recent trend in global agrochemicals market. The toxic properties of insecticides are hazardous for the small children and domestic pets and hence proper handling and secure operating methods are required which is hindering the overall popularity of insecticides for domestic use.

Asia Pacific is the largest market for insecticides followed by North America and Europe. Per hectare consumption of insecticides is highest in North America. However due to large diversity of flora and fauna the consumption of insecticides is highest in Asia Pacific. Moreover with growing health concern coupled with increasing exports of food grains from developing countries such as India and China, the market for insecticides is expected to witness a double digit growth in Asia Pacific. The U.S. is the largest producer of insecticides in North America. Japan and China are two major producers of agrochemicals in Asia Pacific.

The insecticide market is consolidated with top six manufactures accounting for more than 50% of the total market share. Some of the major companies operating in global insecticides market include, E.I. DuPont De Nemours & Company, BASF SA, Cheminova As, Dow Chemical Company, Bayer Cropscience AG, Makhteshim Agan Industries, Nufarm Limited, Syngenta AG, Sumitomo Chemical Company Ltd., and FMC Corporation

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Key points covered in the report

  • Report segments the market on the basis of types, application, products, technology, etc (as applicable)
  • The report covers geographic segmentation
    • North America
    • Europe
    • Asia
    • RoW
  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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