Acaricides Market Growth: Regional Breakdown, Segmentation, Application, Restraints, and Key Players Forecast to 2024-2031 | Syngenta Crop Protection AG, Bayer AG, UPL Europe Limited.

DataM Intelligence has released a new research report on the Acaricides market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

Global Acaricides Market reached US$ 405.2 million in 2023 and is expected to reach US$ 594.1 million by 2031, growing with a CAGR of 4.9% during the forecast period 2024-2031.

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The Acaricides market involves the production and distribution of chemical agents used to control acarids, such as ticks, mites, and other pests that affect agriculture, livestock, and human health. Acaricides are vital in crop protection and animal husbandry to prevent damage to plants and the spread of diseases. The market is driven by the increasing demand for food security, the rising incidence of acarid-borne diseases, and the growing need for effective pest management solutions in sustainable agriculture.

List of the Key Players in the Acaricides Market:

Syngenta Crop Protection AG, Bayer AG, UPL Europe Limited, Corteva Agriscience, BASF SE, Nufarm, Sumitomo Chemicals, Arysta Lifescience, Chemtura Corporation, Indofil Industrie Limited, ADAMA Ltd, NIHON NOHYAKU CO., LTD., PI Industries, TATA Chemicals Limited, Nissan Chemical Corp., UPL Ltd., and FMC Corp.

Key Developments:

On June 2, 2020, BASF launched Nealta, an innovative acaricide featuring the active ingredient cyflumetofen, which belongs to a new class of insecticides known as Group 25. Nealta effectively targets all stages of the mite's life cycle, including eggs, immature forms, and adults, while being safe for beneficial mites and other insects like bees.

On April 15, 2020, Chengdu Newsun Crop Science Co., Ltd. introduced Marvee, a botanical acaricide in China designed to combat red spider mites. Extracted from the root and stem of the Veratrum nigrum L. plant, Marvee is produced using Chengdu Newsun's proprietary Co-Extraction technique.

On August 17, 2022, UPL announced a partnership with Oro Agri to co-distribute and develop Orange Oil, a treatment effective against various pests and diseases. Developed by Oro Agri, this orange oil serves as a fungicide, pesticide, and acaricide, providing a residue-free biosolution with notable adjuvant properties.

Research Process:

Both primary and secondary data sources have been used in the global Acaricides Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Acaricides Market:

By Type: Organophosphates, Carbamates, Organochlorines, Pyrethrins, Pyrethroids, Others.

By Mode of Action: Hand Dressing, Spraying, Dipping, Others.

By Crop Type: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others.

By Formulation: Liquid, Powder, Granules, Others.

By Distribution Channel: E-Commerce, Specialty Stores, Hypermarket/Supermarket, Others.

By Application: Agriculture, Animal Husbandry, Industrial, Home & Garden, Others.

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Acaricides market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Acaricides Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Acaricides market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Acaricides Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Acaricides market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Acaricides market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Acaricides market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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