Press release
Insect Growth Regulators Market Expanding Due to Eco-Friendly Crop Protection Needs | BASF SE, Bayer CropScience AG, Sumitomo Chemical Company Limited, Syngenta AG
Insect Growth Regulators Market
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Insect Growth Regulators Market Growth
Insect Growth Regulators Market reached US$ 2.48 billion in 2022 and is expected to reach US$ 3.98 billion by 2030, growing with a CAGR of 6.8% during the forecast period 2023-2030.
Comprehensive Insight into Insect Growth Regulators Market Landscape and Growth Trends:
IGRs are chemicals used to disrupt the growth and development of insects, preventing reproduction. They are used in agriculture, public health, and veterinary sectors.
The IGR market is growing due to rising pest resistance to conventional insecticides and the demand for environmentally friendly pest control methods. They are integral to integrated pest management programs and increasingly used in vector control.
Major Players Shaping the Competitive Landscape:
BASF SE, Bayer CropScience AG, Sumitomo Chemical Company Limited, Syngenta AG, Adama Agricultural Solutions Ltd., Russell IPM Ltd., HELM Agro US Inc., McLaughlin Gormley King Company(MGK), OHP, INC., and Central Garden & Pets Co.
Important Mergers, Acquisitions, and Market Shifts:
▶ 2024-2025 (ongoing) - Dow Chemical acquired Circulus, a polyethylene recycling company, for $150 million-bolstering its portfolio in sustainable production, including eco‐friendly IGR formulations.
▶ 2023-2025 (ongoing) - Sumitomo Chemical further strengthened its crop protection line by acquiring Barrix, enhancing its IGR portfolio (including Sumilarv® 0.5G) and expanding production capacity to meet global demand.
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Methodology and Scope:
This Insect Growth Regulators Market report is developed using a robust research methodology that combines primary interviews, insights from industry experts, and verified secondary sources such as company filings, trade journals, and trusted databases. It follows a bottom-up and top-down approach to ensure data accuracy through triangulation. The scope of the report covers current market trends, growth potential, and strategic developments across global and regional markets.
Regional Overview for Insect Growth Regulators Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
The Report Includes:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Go-to-market Strategy.
➡ Neutral perspective on the market performance.
➡ Customized regional/country reports as per request and country level analysis.
➡ Potential & niche segments and regions exhibiting promising growth covered.
People Also Ask:
➠ What are the global sales, production, consumption, imports, and exports in the Insect Growth Regulators market?
➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?
➠ What key opportunities and challenges do vendors face in the Insect Growth Regulators industry?
➠ Which product types, applications, or end-users are driving market growth, and what is their market share?
➠ What are the major growth drivers and restraints of the Insect Growth Regulators market?
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