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Insect Growth Regulator Market Report 2023-2032: Revenue Trends, Growth Rate, Share And Forecast | Bayer CropScience LLC, Syngenta AG, Valent U.S.A Corporation, Russell IPM Ltd., Nufarm Limited
Insect Growth Regulator Market
The Business Research Company's Insect Growth Regulator Global Market Report 2023 identifies growing usage of environment-friendly pesticides as the major driver for the Insect Growth Regulator market's growth in the forecast period. Pesticides are chemical elements that are supposed to kill pests such as a virus, bacterium, antimicrobial, or disinfectant that deters, incapacitates, and kills, pests.
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%.
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Major competitors in the Insect Growth Regulator market are Bayer CropScience LLC, Syngenta AG, Valent U.S.A Corporation, Russell IPM Ltd., Nufarm Limited.
A key trend in the Insect Growth Regulator market includes high adoption of modern technologies. Various technologies are used for crop protection and were established to prevent and reduce the loss of crops due to pests in the field and during storage. Crop protection includes products, tools, and practices which can be used by farmers to protect their harvest against insects, disease, and weeds. The advancement and adoption of novel technologies in pesticides increase crop productivity in a naturally sustainable approach.
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The Insect Growth Regulator market is segmented -
1. By Type: Chitin Synthesis Inhibitors, Juvenile Hormone Analogs And Mimics, Anti-Juvenile Hormone Agents.
2. By Foam: Bait, Liquid, Aerosols
3. By Application: Agricultural, Livestock Pests, Commercial Pest Control
4. 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.
The Business Research Company's "Global Insect Growth Regulator Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
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