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Home Insecticide Market is Growing Exponentially | Know Top Key Players are Dow Chemical, Aristo Biotech & Science, AIMCO Pesticides, Reckitt Benckiser, Shogun Organics and Zapi SPA

10-23-2018 02:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Home Insecticide Market is Growing Exponentially | Know Top Key

Insecticides are substances that uses ovicides and larvicides against insect eggs and larve. Home insecticides are substances that can be used on skin, clothes, and other substances to kill or repel insects. There is high demand for home insecticides, ranging from spays used in the kitchen to garden sprays and mosquito repellents. Home insecticides are widely getting acceptance due to safety needs and healthy environment. The acceptance of synthetic household insecticides is shifting to natural home insecticides, owing to increasing health awareness. The common insecticides used at home includes carbaryl, Malathion, neem oil, spinosad, and pyrethrin.

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Insect borne diseases have become common due to urbanization and increasing population, which is a driving factor for the growth in the market of home insecticides. Increasing concerns about vector borne diseases, urbanization, and increased health consciousness have triggered the demand for the home insecticide market.

Home Insecticides Market outlook:

Rising population, urbanization, and increased health consciousness are the major driving factors in Asia pacific market. The sale of home insecticides in the form of coils are a major trigger to the home insecticide market in this region, due to the low income consumers demanding more of coil form of home insecticides. India, Philippines, and Indonesia are the major users of home insecticides in this region.
North American home insecticides is expected to augment market growth mainly due to the Environmental Protection Council (EPA), which has banned chlorpyrifos in 2017, which was a major insecticide in the region. Moreover, Environmental Protection council has also made the consumption and production of insecticides mandatory in the region.

Certain insects in Europe are seasonal, owing to which the demand for home insecticides is seasonal in Europe. Moreover, the European Union’s anti- insecticide regulation and the banning of neonicotinoids in 2013, the world’s most widely used insecticide is enabling the market to a stagnant growth.
The major players are adopting various organic and inorganic growth strategies. For instance, Dow Chemical and DuPont merger on 2017. The major players operating home insecticide market includes, Aristo Biotech & Science Pvt. Ltd., AIMCO Pesticides Ltd., Bharat Group, Gharda Chemicals Ltd., Godrej, HPM, Reckitt Benckiser, SC Johnson, Shogun Organics Ltd., and Zapi SPA.

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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