Rising Online Sales will Contribute to Insecticides Market Growth

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.

A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/3371

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 carbamates, and others. Based on crops type, the pesticides market is categorized as cereals & grains, oilseeds & pulses, fruits & vegetables, and others.

Growing concerns of insect transferable diseases and trend towards disease prevention rather than cure and growing commercial pest management service industries are some of the predominant driver of the market. Moreover growth in demand for food grains owing to increasing global population coupled with reducing per capita farm land due to surging urbanization and industrialization is further driving the insecticides market.

The increasing research and development (R&D) in the fields of bio-insecticides in order to compete with demand of health and nature friendly insecticides is most prominent recent trend in global agrochemicals market. The toxic properties of insecticides are hazardous for the small children and domestic pets and hence proper handling and secure operating methods are required which is hindering the overall popularity of insecticides for domestic use.

Asia Pacific is the largest market for insecticides followed by North America and Europe. Per hectare consumption of insecticides is highest in North America. However due to large diversity of flora and fauna the consumption of insecticides is highest in Asia Pacific. Moreover with growing health concern coupled with increasing exports of food grains from developing countries such as India and China, the market for insecticides is expected to witness a double digit growth in Asia Pacific. The U.S. is the largest producer of insecticides in North America. Japan and China are two major producers of agrochemicals in Asia Pacific.

The insecticide market is consolidated with top six manufactures accounting for more than 50% of the total market share.

To view TOC of this report is available upon request @ https://www.persistencemarketresearch.com/toc/3371

Some of the major companies operating in global insecticides market include, E.I. DuPont De Nemours & Company, BASF SA, Cheminova As, Dow Chemical Company, Bayer Cropscience AG, Makhteshim Agan Industries, Nufarm Limited, Syngenta AG, Sumitomo Chemical Company Ltd., and FMC Corporation

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.