Press release
Insect Growth Regulator Market 2023 : Industry Analysis, Trends, Top Key Players And Forecast To 2032 | Bayer CropScience LLC, Syngenta AG, Valent U.S.A Corporation, Russell IPM Ltd., Nufarm Limited
Insect Growth Regulator Market Growth
As per the insect growth regulator market report by The Business Research Company, the growing usage of environment-friendly pesticides is significantly contributing to the growth of the insect growth regulators market. Pesticides are chemical elements that are supposed to kill pests such as a virus, bacterium, antimicrobial, or disinfectant that deters, incapacitates, and kills, pests. Environment-friendly crop protection products are being used in organic farming which rapidly degrades and has a minimal environmental impact as these products are derived from natural sources.
The global insect growth regulator market size grew from $0.87 billion in 2022 to $0.93 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The insect growth regulator market size is expected to grow to $1.2 billion in 2027 at a CAGR of 6.6%.
Read More On The Insect Growth Regulator Market Report Here:
https://www.thebusinessresearchcompany.com/report/insect-growth-regulator-global-market-report
Major competitors in the Insect Growth Regulator market include Bayer CropScience LLC, Syngenta AG, Valent U.S.A Corporation, Russell IPM Ltd., Nufarm Limited, ADAMA Agricultural Solutions Ltd., OHP Inc., MGK Insect & Pest Control Solutions, Dow Chemical Company, Sumitomo Chemical Company, Corteva Agriscience, and BASF SE.
The Insect Growth Regulator market is segmented -
By Type: Chitin Synthesis Inhibitors, Juvenile Hormone Analogs And Mimics, Anti-Juvenile Hormone Agents
By Foam: Bait, Liquid, Aerosols
By Application: Agricultural, Livestock Pests, Commercial Pest Control
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Insect Growth Regulator market.
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Insect growth regulators refer to a pesticide that imitates the hormones that young insects produce. They interfere with an insect's ability to grow, develop, or undergo metamorphosis. They also affect how insects reproduce. These are basically a pesticide that prevents insects from growing and maturing normally instead than killing them instantly like "conventional" insecticides do.
The Table Of Content For The Insect Growth Regulator Market Include:
1. Executive Summary
2. Insect Growth Regulator Market Characteristics
3. Insect Growth Regulator Market Trends And Strategies
4. Insect Growth Regulator Market - Macro Economic Scenario
5. Insect Growth Regulator Market Size And Growth
……
26. Africa Insect Growth Regulator Market
27. Insect Growth Regulator Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Insect Growth Regulator Market
29. Insect Growth Regulator Market Future Outlook and Potential Analysis
30. Appendix
The "Global Insect Growth Regulator Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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