openPR Logo
Press release

Insecticides Market - Global Industry Analysis 2023

02-20-2017 10:25 AM CET | Energy & Environment

Press release from: TMR – Research Reports

Insecticides Market

Insecticides Market

The global population explosion put direct pressure on the agriculture industry to increase its yield of crops in the immediate future. This demand for high yield crops is the primary driver for the increasing demand for insecticides on a global level. The demand for higher yield is further complicated by the lack of arable land in terms of total crop output needed, compounding on the pressure for highly efficient insecticides and fertilizers. As stated by the World Bank, farmers are expected to increase their crop yield by 60% by 2050 in order to sustain the current increase in global population.

The demand for insecticides goes up even further with a growing threat of pest infestation. Climate change i.e., an increase in the global average temperatures, has brought about a growth in the number of crop-based infections, infestations, and weeds. Warmer winters cause most frost sensitive insects to now survive the winter and breed again in the summers, further increasing the number of moths, certain types of infestation beetles, aphids, and certain types of butterflies that are detrimental to crop yield.

GET PDF BROCHURE FOR MORE PROFESSIONAL AND TECH-NICAL INSIGHTS: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9683

The growth rate of the global insecticides market is therefore considered very high, despite it already being a large scale market. It is expected to progress at a CAGR of 5.1% from 2015 to 2023 in terms of revenue. The revenue is expected to reach US$2.75 bn by the end of 2016 and US$3.89 bn by the end of 2023.

APAC Demand for Insecticides Remains High

By the end of 2023, Asia Pacific is expected to hold a 38.63% share in the volume of insecticides globally. The key reason for this is the primarily agrarian culture of the region, especially in nations such as India. Organophosphates is the leading insecticide type consumed in the region, similar to other major regions.

While the global average demand for insecticides is led by fruits and vegetables till 2023, it comes a close second to the leading demand for insecticides in oilseeds and pulses in Asia Pacific. Cereals and grains are expected to remain in the third position in terms of insecticides consumption rates.

China is expected to continue leading the demand for insecticides in Asia Pacific till 2023. In 2023, China is expected to hold a volume-based share of 53.57% within the Asia Pacific insecticides market.

Biopesticides Expected to be the Future of Insecticides

Naturally derived chemicals that are used to combat insects and infestations in fields – commonly known as biopesticides – are showing a high growth in demand. A lot of biopesticides such as canola oil and baking soda are not only harmless to the environment, but are also very inexpensive to manufacture. Such insecticides can effectively be used in small scale farms as well as gardens due to their harmlessness towards animals and humans.

Biopesticides are fulfilling a major gap in the demand for insecticides that will not be toxic to the environment around them. This is a growing concern in the use of conventional insecticides, most of which are moderate to high in toxicity and need to be handle and disposed with care. The future of insecticides is expected to reside in the development of effective biopesticides.

The leading manufacturers of insecticides from a global standpoint include DuPont, Bayer AG, The Dow Chemical Company, Syngenta AG, BASF SE, ADAMA Agriculture Seolutions Ltd., FMC Corporation, and Sumitomo Chemical Co. Ltd.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Insecticides Market - Global Industry Analysis 2023 here

News-ID: 442498 • Views: 254

More Releases from TMR – Research Reports

Power Line Communication Market to Present Highly Lucrative Opportunities for Ma …
Power Line Communication (PLC) is an emerging communication technology which enables data exchange over existing power cables. It uses power grids to communicate between two end-points. PLC technology allow users to control or retrieve data in a half-duplex manner. Furthermore, in this communication method, sender modulates the data, and injects in power cables which can be retrieved by de-modulation at the receiving end. PLC technology is widely used for home
Wood Coatings Market - Roof coatings to Register High Demand | 2025
The global wood coatings market is choc-o-bloc with players and this has served to intensify the competition over the years. Product differentiation is a key tool leveraged by players to steal a march over their competitors. Key factors promoting growth in the market are the soaring construction activities across the globe and the increasing spending capacity of people which has stoked sales of furniture. Another factor catalyzing growth in the global
Welding Materials Market - Thriving Growth In Industrial Application Segments By …
The global welding materials market is growing on account of the thriving growth of application segments such as transportation, building and construction, marine, and automobiles. The growing urbanization in developing nations will drive the growth of this market. The increasing infrastructure development in Asia Pacific will also fuel the growth of the welding materials market. The technological advancements in the automobile industry will also aid the growth of this market.
Intumescent Coatings Market Demand for Improved Fire Safety to Fuel Growth By 20 …
The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units. While expanding operations across emerging nations has

All 5 Releases


More Releases for Insecticides

Insecticides Market to Witness Comprehensive Growth by 2020
Insecticides are specialty chemical products used particularly to control a variety of insects and disease carriers, such as ticks, mites, spiders, mosquitoes, rats and mice. Pesticides are also used in agriculture, horticulture, floriculture, public health, industrial applications, domestic, and commercial paste management program. On the basis of the chemical composition of the insecticides, the global insecticides market is broadly categorized in five different segments namely organophosphorus compounds, pyrethroids, neonicotinoids, methyl
Neonicotinoid Insecticides Market Growth Analysis 2025
Neonicotinoids are the type of insecticides used to control variety of pests such as sap-feeding insects and root-feeding grubs. Neonicotinoid insecticides are pesticides absorbed by the plants. These are transported to all the tissues of plants such as leaves, flowers, roots, stem, as well as the pollen and nectar. Pollen and nectar are insects that feed on plants and they help for the reproduction of plants. Neonicotinoid insecticides are applied
Household Insecticides Market to Rise at 7.9% CAGR by 2021
The global household insecticides market has been estimated to be valued at US$ 10,958.0 Mn in 2015 and is expected to expand at a CAGR of 7.9% over 2015–2021, to reach US$ 17,249.0 Mn by 2021. Household insecticides include substances applied to clothing, skin, or other surfaces to control or repel insects. A wide range of insecticides is currently available in the global market. These include insect sprays for use in
Insecticides Market : Global Market Snapshot by 2020
Insecticides are specialty chemical products used particularly to control a variety of insects and disease carriers, such as ticks, mites, spiders, mosquitoes, rats and mice. Pesticides are also used in agriculture, horticulture, floriculture, public health, industrial applications, domestic, and commercial paste management program. On the basis of the chemical composition of the insecticides, the global insecticides market is broadly categorized in five different segments namely organophosphorus compounds, pyrethroids, neonicotinoids, methyl
Insecticides Market Report,2015 – 2021
Zion Research has published a new report titled “Insecticides (Pyrethroids, Neonicotinoids, Methyl Carbamates, Organophosphates and Others) Market, by Crop Type (Cereals and Grains, Oilseeds & Pulses, Fruits & Vegetables and Others): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, global demand for insecticides market was valued at USD 2.63 billion in 2015, is expected to reach USD 3.48 billion
Insecticides Market report, 2015 – 2020
The report covers forecast and analysis for the Insecticides market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on volume and revenue (USD Million). The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes study of opportunities available in the