Fipronil Market Growth and Status Explored in a New Research Report: Boehringer Ingelheim, Bayer, GSP Crop, and More...

Fipronil Market

Fipronil, a phenyl pyrazole insecticide, is used for pest control on a variety of fields for soil treatment and seed coatings and in horticulture crops. It causes neural excitation and convulsions in insects, resulting in death.  The insecticide is used to get rid of pests such as ticks, leas, beetles, ants, locusts, rootworms, cockroaches, mole crickets, thrips, termites, weevils, and several other insects.  It is also widely utilized as an effective flea control veterinary pesticide for protecting pets against ticks and other harmful insects. Fipronil is also known as fluocyanobenpyrazole or Termidor and typically used in the form of granules, liquid, or gel.

The Major Players Covered in this Report:
Boehringer Ingelheim, Bayer, GSP Crop, Shandong Audis Biotechnology, Qingdao KYX Chemical, BASF, Syngenta, CK Life Sciences, Rotam Agrochemical Company Limited, Parijat Industries Pvt. Ltd, Jiangsu Tuoqiu Agrochemicals, Bryant Christie, and Abcam. 

Established Applications of Fipronil

The use of fipronil in the market dates back to the 1990s. It was first used as a powder-based insecticide in the United States in 1996. Ever since then, the demand for fipronil has been flourishing due to its widespread applications in several industries. Fipronil is at the cusp of being a full-fledged marketplace on account of the agricultural sector’s extensive application of fipronil and the rising pet adoption rate. However, in a short time, there are high chances that the market for fipronil will dwindle due to the availability of alternatives that are less harmful and toxic for pets and the food industry.

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By Type, Granular , Gel , liquid

By Application, Agriculture industry , Chemical industry , Others (pets and wooden articles)

Agriculture Sector — The Predominant Consumer of Fipronil

The agriculture sector, primarily, has remarkably influenced the fipronil market growth. In 2017, agriculture, food, and other related industries together contributed USD 1.053 trillion to the U.S. GDP. The Indian government has allowed FDI to invest in the agricultural sector due to its vast production of foods globally. According to the Department for Promotion of Industry and Internal Trade, the Indian food processing industry acquired Foreign Direct Investment (FDI) to the tune of USD 9.08 billion between April 2000 and March 2019.

On the flip side, fipronil is known to be carcinogenic in nature and has been banned by several countries for its use in agriculture. For instance, Chinese MoARA announced a blanket ban on the use of fipronil insecticides for agriculture use. This is also in line with the Stockholm Convention on Persistent Organic Pollutants that aims at restricting the use of chemicals that cause an adverse impact on humans and animals.

Regional Analysis For Fipronil Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Fipronil are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

The study objectives of this report are:

To study and forecast the market size of the Fipronil in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
 Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players

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