Insecticide Market to Grow Rapidly Owing to High Demand from Agriculture Sector till 2025


29th January 2019 – Global Insecticide Market is classified on the basis of product type as pyrethroids, neonicotinoids, methyl carbamates, organophosphates, and others. Insects like caterpillars and aphids can considerably decrease crop yields and quality through their feeding. Insecticides are pesticides that are formulated to kill, harm, repel or mitigate one or more species of insect. Insecticides work in different ways. Some insecticides disrupt the nervous system, whereas others may damage their exoskeletons, repel them or control them by some other means. They are classified based on their structure and mode of action.

Insecticides are commonly used in agricultural, public health, and industrial applications, as well as household and commercial uses. The most commonly used insecticides are the organophosphates, pyrethroids and carbamates. Insecticides are applied in various formulations and delivery systems such as sprays, baits, etc., which influence their transport and chemical transformation.

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The key factor that propels the growth of the Insecticide Market include ever increasing population which ultimately increases the demand for food. In addition, there is a considerable demand in the tropical climatic regions. On the other hand, there are also factors that may hamper the growth of the market such as excess use of chemicals. In addition, high investment involved for new players may also restraint the market growth.

The Insecticide Market is classified on the basis of product type, crop type and geography. Among the product type, organophosphate segment account a large share of the Insecticide Market in 2015.
Insecticide Market is classified on the basis of crop type as cereals and grains, oilseeds & pulses, fruits & vegetables and others. Among the crop type, cereals and grains segment held a significant share of the Insecticide Market in 2015.

Key Vendors
• BASF
• Bayer Cropscience
• The DOW Chemical Company
• Chemchina (Syngenta)
• Dupont
• Sumitomo Chemical Company
• FMC Corporation
• ADAMA Agricultural Solutions
• Nufarm
• United Phosphorus

Market Segmentation on the basis of Product Types,
• Pyrethroids
• Organophosphorus
• Carbamates
• Organochlorine
• Botanicals

Market Segmentation on the basis of Applications,
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables

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Insecticide Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and North Africa.

In case of geographical region, Asia Pacific held a dominant share of the Insecticide Industry in 2015. As Asia Pacific is a tropical region it provides favourable climatic conditions for the growth of insects. Therefore, insecticides are used on a large scale in this region to control. The Asia Pacific market is followed North America and Europe.
Location: Felton, CA, USA

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