Fipronil Market to Grow Rapidly in Future | Global Key Players BASF SE., Rotam Agrochemical Company Limited, Parijat Industries Pvt. Ltd., GSP Crop Science Private Ltd., Shandong Qiaochang Chemical Co.

Fipronil is a phenylpyrazole insecticide, which is used to control fleas, ticks, ants, beetles, termites, rootworms, and other insects. The insecticide in the form of a white powder was registered in 1996 in the U.S for indoor pest control and commercial turf.

Drivers and Restraints

Increasing demand for food grains to cater the needs of growing population is expected to propel demand for insecticides such as fipronil. According to United States Department of Agriculture, in 2012, about 355 million metric tons of food grain was produced by the U.S, which increased to 443 million metric tons in 2014.

Download PDF Brochure : https://www.coherentmarketinsights.com/insight/request-pdf/2208

Market Outlook

The market in Asia Pacific is expected to witness significant growth in terms of value and is expected to retain dominant position over the forecast period, owing to increasing vector-borne diseases, as fipronil is widely used in insecticides. According to the Government of India, in 2012, South East Asia Region (SEAR) countries reported around 0.29 million dengue cases, of which India contributed 20%, Indonesia 29%, and Thailand 30%.

Key Trends

Key players are focused on adopting various inorganic growth strategies such as mergers and acquisitions, joint ventures, partnerships, marketing, and new product launches to strengthen their foothold in the global fipronil market. For instance, in March 2018, Ceva launched Duoflect— a parasiticide—containing a formulation of fipronil and s-methoprene, is used to prevent or treat tick and flea infestations in cats and dogs.

Market Players

Key players operating in the global fipronil market include, BASF SE., Rotam Agrochemical Company Limited, Parijat Industries Pvt. Ltd., GSP Crop Science Private Ltd., Shandong Qiaochang Chemical Co., Ltd., and Jiangsu Tuoqiu Agrochemicals Co., Ltd.

Fipronil Market Taxonomy

On the basis of form type, the global fipronil market is segmented into:

Powder
Liquid

On the basis of application, the global fipronil market is segmented into:

Turf Products
Seed Treatments
Pet Care Products
Gel Baits
Liquid Termiticides
Agriculture

Request For Customization of Research Report: https://www.coherentmarketinsights.com/insight/request-customization/2208

About Coherent Market Insights:

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.

Contact Us:

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

This release was published on openPR.