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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.
The insecticides markets have a developing potential mainly due to rising focus of government on improvement of the agriculture sector in developed and developed countries and limited availability of cultivable land which leads to rising pressure on farmers to increase their yield. Moreover, the significant shift of the consumers towards bio-based products will further boost the demand over the forecast period. However, stringent government policies with respect to the use of pesticides in developed regions such as North America and Europe are anticipated to hamper the growth of the market in near future.
The report analyses the insecticides market on the basis of type, crop type, mode of application, form and geography.
On the basis of type, the global insecticides market is divided into organophosphorus insecticides polychlorinated insecticides, carbamate insecticides, neonicotinoids, pyrethroids and others. others include ryanoids, chlorinated hydrocarbons, aliphatics, etc. In 2018, organophosphate insecticides segment accounted for the largest market share as organophosphorus insecticides are widely used in multiple applications such as fumigant, systemic or contact insecticide and are available at a lower cost as compared to other insecticides.
Insecticides are used for protection of various crops. The global insecticides market on the basis of crop type is categorised into, cereals & grains, oilseeds & pulses and fruits & vegetables. the cereals & grains segment accounted for the highest consumption of the insecticides in 2018. The highest consumption is mainly attributed to increasing cultivation and demand of cereals & grains globally.
There is various mode of application for insecticides used by the farmers which includes foliar spray, soil treatment, post-harvest and seed treatment. Foliar sprays are a common and effective way to treat the plants for many cannabis pests and diseases such as mites, powdery mildew and others.
Insecticides Market by Form Insecticides are available in various for in the market which includes sprays, baits, powder and gel. The spray form is anticipated to grow at a faster pace over the forecast period owing to its characteristics such as easy availability and convenience of use.
Insecticides Market by Geography By geography Insecticides market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world. Asia Pacific region has a developing potential in the future and is anticipated to grow at a fastest CAGR over the forecast period. Factors such as climatic changes, vast variety of plant cultivation and availability of cultivable land are contributing to the strong position of Asia Pacific in the global insecticides market.
Key players of the global insecticides market are BASF SE, Bayer AG, The DOW Chemical Company, Chemchina, E.I Du Pont De Nemours and Company, FMC Corporation, Nufarm Limited, UPL Limited, Sumitomo Chemical Co., Ltd, Adama Agricultural Solutions Ltd, etc. Manufactures are focusing on various research & development, mergers and investments to launch new products in the growing markets which create growth opportunities for the global insecticides market players. Moreover, the insecticides market is highly fragmented with large number of companies prevailing in the industry.
An insecticide can be formulated to kill, mitigate, repel, or harm one or several species of insects. Various insecticides work in different ways. Some damage the insect's exoskeleton, some act upon the nervous system, and others kill or control them by some other means. Insecticides are used in many settings and applications. Insecticides have been claimed to be the biggest factor behind the advancement realized in agriculture and also a large influence on 20th century agricultural productivity. The report analyses the insecticides market on the basis of type, crop type, mode of application, form and geography. On the basis of type, the global insecticides market is divided into organophosphorus insecticides polychlorinated insecticides, carbamate insecticides, neonicotinoids, pyrethroids and others. The global insecticides market on the basis of crop type is categorised into, cereals & grains, oilseeds & pulses and fruits & vegetables. There is various mode of application for insecticides used by the farmers which includes foliar spray, soil treatment, post-harvest and seed treatment. Insecticides are available in various for in the market which includes sprays, baits, powder and gel. By geography Insecticides market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world. Asia Pacific region has a developing potential in the future and is anticipated to grow at a fastest CAGR over the forecast period. Factors such as climatic changes, vast variety of plant cultivation and availability of cultivable land are contributing to the strong position of Asia Pacific in the global insecticides market. Key players of the global insecticides market are BASF SE, Bayer AG, The DOW Chemical Company, Chemchina, E.I Du Pont De Nemours and Company, FMC Corporation, Nufarm Limited, UPL Limited, Sumitomo Chemical Co., Ltd, Adama Agricultural Solutions Ltd, etc.
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