Industry Background:
Growing food production will help to boost global insecticides market in the forecasted period. Insecticides are pesticides that are creat to kill, harm, repel or mitigate one or more species of insect. Such substances are used primarily to control pests that infest cultivated plants or to eliminate disease-carrying insects in specific areas.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Bayer AG (Germany), Cheminova A/S (Denmark), Syngenta AG (Switzerland), BASF(Germany), FMC Corporation (United States), Adama Agricultural Solutions Ltd (China), Monsanto (United States), DOW Agroscience LLC (United States), Nufarm Ltd (Australia) and Du Pont (United States) |
This growth is primarily driven by Growing demand for crop protection, High demand due to increasing Diseases and Adoption of Innovative Farming Practices.
Globally, a noticeable market trend is evident Growing demand for food products
The Chemicals sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Bayer AG (Germany), Cheminova A/S (Denmark), Syngenta AG (Switzerland), BASF(Germany), FMC Corporation (United States), Adama Agricultural Solutions Ltd (China), Monsanto (United States), DOW Agroscience LLC (United States), Nufarm Ltd (Australia) and Du Pont (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The insecticides market competitive landscape breaks down the market by competitor. Company overview, financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance are all included. The data points presented above are solely relevant to the companies' concentration on the pesticides market
Key Developments in the Market:
In 2019, BASF’s newest insecticide for the ornamentals market, Ventigra™ insecticide, is now available. With a unique mode of action, it will be an excellent resistance management tool for nursery and greenhouse growers, providing precision-targeted pest management of piercing-sucking insects like whiteflies, aphids, mealybugs, and scales.
In 2018, BASF received the U.S. Environmental Protection Agency (EPA) registration for its Inscalis® insecticide. The new insecticide controls piercing-sucking insect pests in a variety of row and specialty crops, including soybeans, cotton, and citrus.
Influencing Trend:
Growing demand for food products and Awareness about Health and Fitness
Market Growth Drivers:
Growing demand for crop protection, High demand due to increasing Diseases and Adoption of Innovative Farming Practices
Challenges:
Stringent Government Regulation Associated With Insecticides
Restraints:
Growing Concern Regarding Allergies to Human
Opportunities:
Robust Growth of Insecticide which Assists in Maintaining Crop Yield and Growing Agriculture will help to raise the Economy in Emerging Nations
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Insecticides Market
- Analysis about New Entrants in Insecticides Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Insecticides Study Sheds Light on
The Insecticides Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Insecticides industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Insecticides industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.