Press release
Miticides Market Expected to Witness a Sustainable Growth over 2023
The Market for Miticides is estimated at US$ 1.17 Billion in 2018 and is projected to reach US$ 1.55 Billion by 2023, at a CAGR of 5.7%. This report spread across 135 Pages, profiling 14 companies and supported with 72 tables and 46 figures are now available in this research.
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Top Key Players Profiled in the Miticides Market:
• BASF (Germany)
• Bayer (Germany)
• Syngenta (Switzerland)
• Nihon Nohyaku (Japan)
• Gowan (US)
• DowDuPont (US)
• ADAMA (Israel)
• Platform Solutions (Arysta Life Science) (US)
• FMC Corporation (US)
• Nufarm (Australia)
• Valent Biosciences (US)
• Certis (US)
• OHP, Inc. (US)
• Nissan Chemicals (Japan)
“The Demand for chemical miticides is exhibiting steady growth.”
On the Basis of Source, the chemical segment is projected to exhibit a higher CAGR from 2018 to 2023.The chemical segment led the market for miticides. The use of synthetic chemical miticides for plant and crop protection is constantly growing.
“High growth is expected in the Asia Pacific miticides market.”
Asia Pacific is projected to be the fastest-growing market for miticides during the forecast period. The region is emerging and estimated to be the largest market for miticides, with investments from several multinational manufacturers, especially in countries such as China, New Zealand, and Japan.
Breakdown of primary participants’ profile:
• By Company Type: Tier 1 - 45%, Tier 2 - 35%, and Tier 3 - 22%
• By Designation: C-level - 33%, D-level - 45%, and Others*- 22%
• By Region: North America - 11%, Europe - 11%, Asia Pacific- 45%, and RoW - 33%
Competitive Landscape of Miticides Market:
1 Overview
2 Expansions
3 Agreements
4 Mergers & Acquisitions
5 New Product Launches
6 Partnerships, Investments, and Collaborations
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Research Coverage:
Miticides Market report categorizes the miticides market on the basis of crop type, mode of application, source, form, and region. In terms of insights, this report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the global miticides, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
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