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Molluscicides Market 2018 Analysis, Growth Opportunities, Trends, Forecast and Outlook 2023
Molluscicides
Molluscicides Market Report provides key statistics on the market status of the Molluscicides Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Molluscicides Industry.
Molluscicides Market
The global molluscicides market has been estimated at USD 902.99 million in 2016. The market is expected to register a CAGR of 19.63% during the forecast period, 2018 to 2023. North America accounted for the largest market, accounting for around 37% of the global market share, while Asia-Pacific was estimated to register the fastest CAGR through the forecast period, 2018-2023.
Emergence of Golden Apple Snail as a Serious Rice Pest
The golden apple snail is a fresh water snail which is one of the major rice pest in Asia & S.E Asia. As application of synthetic molluscicides has a toxic effect on non-target organisms, hence giving rise to the need for botanical molluscicides as an alternative. As per the 2017 reports of Government of New South Wales that this snail is also a serious threat to Australia’s rice industry. Under the Biosecurity Act 2015, golden apple snail is classified as prohibited matter. The Rice Biosecurity Zone has been established for the long term management of various pests and diseases, including golden apple snail.
North America to Dominate the Market Growth
North America has the highest share in the market, accounting for around 37% of the global market share in 2017. USA dominates the North American market, with a share of around 78% by value of the total molluscicides market in North America. Molluscicides form a small but significant segment of the US pesticides market. The mollusk chemical control products available in the market are limited in number, compared to herbicides, fungicides and insecticides. The metaldehyde-based products are dominating the market and can be applied to many crops; but due to their sensitivity towards rains, they become non economical for the farmers.
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Major companies covered in this Report:
Lonza
Doff Portland Ltd
Certis
W. Neudorff GmbH
Bayer CropScience Limited
Westland Horticulture Ltd
Chiltern Farm Chemicals Ltd
Farmco Agritrading Ltd.
Sipcam Ltd
Adama Agricultural Solutions
Amvac Chemical Corporation
The Scotts Company Ltd
Sharda Europe
DeSangosse Ltd
Unichem Limited
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Identify the dominating and the fastest growing regions and their growth trends during the forecasted period.
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
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Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In this KEYWORD Market analysis, traders and distributors analysis is given along with contact details. For material and suppliers also, contact details are given. New investment feasibility analysis is included in the report.
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