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Insect Growth Regulators Market Will Witness High Traction in North America Forecast 2019 to 2027
Insect Growth Regulators Market
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Fact.MR in its latest report says that the past half of a decade has seen a significant shift in the usage pattern of pesticides with end-users inclined towards pragmatic solutions.
This trend is largely reflected in developed clusters including the Americas and Europe, where non-toxicity of pesticides is being observed to be need of the hour.
The Insect growth regulators market will reach maturity levels in the next decade. With these dynamics in place, Fact.MR opines that the insect growth regulators market is projected to witness a modest CAGR of ~ 4%, between 2019 and 2027.
Key Takeaways from the Insect Growth Regulators Market:
According to Fact.MR, the ability to cover large areas in less time and easy application makes aerosol insect growth regulators an attractive segment. Aerosols are expected to show a growth rate of about 1%, marginally higher than the second fastest growing segment which is liquid.
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In the developing clusters of Asia and Africa the adoption of insect growth regulators is comparatively slower as insect growth regulators are costlier vis-à-vis traditional pesticides.
Pet-care products market has grown at a swift pace in the past five years and is projected to create an Incremental $ opportunity of US$ 15 Mn in next 8 years . This will create intrinsic opportunities for the insect growth regulators market for pest control in pets
Among products, Juvenile Hormone Analogs and Anti-Juvenile Hormone Agents together are expected to reach a valuation of about US$ 530 Mn in 2027, expanding by 1.4x the current value.
“The pet care segment holds immense potential for growth, with increasing pet humanization and ever increasing adoption of pets. Players can reap rich benefits by developing products that are specifically targeted at various pet animal groups. ” -states a Fact.MR analyst
Leveraging Mutual Strengths to Tackle Mounting Competitive Pricing
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Insect growth regulators market is fragmented with a high presence of regional competitors. The competition and pricing between them is stiff. Large multinationals including Bayer AG, Dow Chemicals and Syngenta AG have strong geographical presence and high brand value.
The companies have focused on strategic acquisitions of smaller companies, so as to increase their foothold in the market .
The Insect Growth Regulators market report provides the readers with the below-mentioned insights:
• Key trends, including ecological conservation, patented solutions, and globalization.
• Consumption pattern of each segment of the market in every region.
Detailed study of the factors (positive and negative) impacting the growth of the global Endobronchial Valves market.
• Critical analysis of R&D activities performed by market players to expand their production footprint across various industries.
• Thorough research of effect of the market across various end use industries.
Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/4282/S
The Insect Growth Regulators market report gets rid of the following queries:
1. Which end use has the highest rate of consumption and why?
2. Which regions are the market players targeting to gain a competitive edge?
3. What is the growth forecast of the global market in region?
4. What is the Y-o-Y growth rate of the global market?
5. Which segment will have the maximum share of the global market by the end of year?
And so on…..
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