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Organophosphate Pesticides Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2016 and Forecast 2017 to 2024
Organophosphate Pesticides Market
Organophosphate pesticides are widely used pesticides. These pesticides have wide applications and low cost, used for various kinds of crops.
Market Dynamics: Organophosphate Pesticides Market
The factors anticipated to drive the Organophosphate Pesticides market includes increase in the demand for crop protection for better yields, increase in global population coupled with surge in demand for food, and increase in the use of organophosphate pesticides due to rise in prevalence of crop infections. Moreover, development in farming practices, shrinkage in arable land, and innovation and launching of newer products into the organophosphate pesticides market are expected to propel the Organophosphate Pesticides market growth. However, technological advancements in seeds, use of genetically modified crops, high R&D costs, and lack of awareness about the crop infections in farmers might hamper the growth of organophosphate pesticides market.
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Market Scope: Organophosphate Pesticides Market
The organophosphate pesticides market is classified on the basis of product type, crop type and regions.
Based on product type, market is segmented as
• Organophosphate Insecticides
• Organophosphate Herbicides
• Organophosphate Fungicides
Based on crop type, market is segmented as
• Grains and Cereals
• Turf and Ornamental Plants
• Pulses and Oilseeds
• Fruits and Vegetables
Based on Region, Market is segmented as
• Latin America
• Europe
• Asia Pacific
• North America
• The Middle East and Africa
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Region Overview: Organophosphate Pesticides Market
Organophosphate pesticides are expected to gain attraction owing to its ample availability and low cost. Hence market players are getting attracted towards organophosphate pesticides. Major companies are concentrated on new product developments, R&D activities, joint ventures, acquisitions, mergers and collaborations in order to gain market strength.
Organophosphate pesticides market is segmented as Latin America, Europe, Asia Pacific, North America, and The Middle East and Africa. North America has a significant share due to increase in awareness about organic farming, rise in adoption towards eco-friendly farming techniques, increase in the demand for healthy food products, and rise in government support for organophosphate pesticides are anticipated to fuel the organophosphate pesticides market. In Europe, increase in use of organophosphate pesticides, high quality fruits and vegetable cultivation, and rise in research and development activities for innovation of newer organophosphate pesticides are expected to upsurge the revenue of Europe organophosphate pesticides market. However, Asia Pacific has a significant growth attributed to increase in population depending on the farming majorly in India and China, rise in adoption of organic farming practices, and increase in the demand for high quality and quantity yields are expected to propel the organophosphate pesticides market over the forecast period.
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Competition Assessment: Pyrethroid Market
Some of the players in organophosphate pesticides market are
• DuPont (U.S.)
• Monsanto Company (U.S.)
• Momentive Performance Materials (U.S),
• Syngenta AG (Switzerland)
• Akzonoble N.V. (Netherlands)
• Bayer CropScience AG (Germany)
• Brandt Consolidated (U.S.),
• Solvay SA (Belgium)
• The Dow Chemical Company (U.S.)
• Croda Chemicals (India)
Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2013 to 2016) and forecast (2017 to 2024)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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About Precision Business Insights
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