Slow And Controlled Release Pesticides Market Growth 2018 Expected to Grow by 2023 | Top Key players (Arysta LifeScience, BASF SE, Sumitomo Chemical Co. Ltd., DuPont, ADAMA Agricultural Solutions Ltd., The Dow Chemical Company, Syngenta, Monsanto Company)

Slow and Controlled Release Pesticides Market Overview:

Slow and controlled release type of pesticides comprises of retarding biological agents that release their constituents into the environment over a specific time period. These agents are bonded physically and chemically in a compound polymer mix by utilizing numerous techniques. The various systems to form this formulation include migration management by membranes, migration management without using membranes, monolithic system, and laminate system.

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This market is mainly driven by rising consciousness and concern about diverse side effects of using more than the required amount of chemical-based pesticides, both on the health of the people and on the environment, is the main factor driving the growth of the market globally. Increasing demand for food crops to be met, due to the rapid population growth, is also a key driver behind the market growth.

Slow and Controlled Release Pesticides Market Size:

According to Market Data Forecast, The Global Slow and Controlled Release Pesticides Market size was around USD 1.83 billion in 2017. It is expected to grow at a CAGR of 7.4% to reach USD 2.62 billion by 2022.

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Slow and Controlled Release Pesticides Market Segmentation:

Slow and Controlled Release Pesticides Market is categorized by Application, by Pesticide Type, and by region. Under classification by Application, the global market is divided into Agriculture and other applications. Based on global market share, the Agriculture segment occupied the first position in this segmentation in 2016. The Agriculture segment is calculated to account for at least six-tenths (60%) of the global market share in the time period forecast. According to classification based on Pesticide Type, the global market is classified into the following segments – Insecticides, Herbicides, Fungicides, and other types. As per the contributed market share, the Herbicide segment proved to be the dominating segment of the market globally. The growing demand for herbicides on account of expanding agriculture globally is supposed to be a positive influence on the market growth of the Herbicides segment.

Based on geography, the region, the global market is studied as North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Because of the focus on increasing yield from agriculture in the U.S., the North America region turned out to be the top market share contributor globally. The Asia Pacific and Europe regions are predicted to have a high growth rate in the forecast period, because of the agriculture-dependent countries in the regions

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Major Players:

The major companies dominating this market for its products and services are
• Arysta Life Science Corporation,
• BASF SE,
• Sumitomo Chemical Co. Ltd.,
• DuPont,
• ADAMA Agricultural Solutions Ltd.,
• The Dow Chemical Company,
• Syngenta,
• Monsanto Company.

Key Takeaways from this Report:

· For different product types, end-use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
· Identify various driving factors, constraints and untold opportunities that can impact the global marketplace
· Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
· Increase overall revenue by understanding the geographical impact on sales and distribution channels.
· Evaluate the increase in values at each step of the industry supply chain to improve process efficacy and optimize the value.
· Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
· Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.

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This release was published on openPR.