Global Insecticides Market

A specific type of pesticides is used to obliterate insects, called insecticides. Organophosphate an insecticide, leads the global market in terms of both revenue generator and consumption chiefly due to its cost effectiveness as well as its ability to be applied on wide range of crops and targeted insects. The second largest usage in agriculture is of Pyrethroid, as it is highly effective even when used in low quantities and therefore, it is less hazardous to the environment and human health. Huge economic losses are caused by insects who feed on all kinds of plants and stored agricultural produce. According to the reports, insects cause nearly 13% of the global crop losses and the estimated crop losses per year is USD 2,000 billion. If applied properly, insecticides can contribute to higher yields and improved product quality. However, pesticides may possess toxic properties and their use often prompts concerns regarding environment and human health.

Market Dynamics

Factors such as the fall in per capita arable land, tolerance to biotic stresses such as insects, and the growing agricultural sector drive the market. Also, on account of population growth exceeding global food production, the use of best grades of insecticides for agriculture will benefit growers and the economically backward population in developing countries. Many multinational players, as a result of this, have entered into the production of various products of insecticides, that protects the crop loss and provides nutritional ingredients.

Market Segmentation

The market is categorised on the basis of type, crop type and geography. On the basis of type, it is categorized into organophosphates, pyrethroids, methyl carbamates, neonicotinoids and others. In terms of crop type, the market is segmented into Cereals and Grains, Oilseeds & Pulses, Fruits & Vegetables and others. The global insecticide market is segmented into North America, Europe, Asia-Pacific and LAMEA geographically.

Regional/Geographic Analysis

Owing to increasing agricultural activities in developing countries such as India and China, Asia Pacific is likely to witness above average growth for insecticides. On account of high production of agricultural crops including paddy, sugarcane and cotton, India is likely to witness significant growth. Rising demand for food as a result of Increasing population is likely to propel insecticide market over the forecast period. In developed regions including North America and Europe, demand for insecticides is likely to decrease on account of increasing production of genetically modified (GM) crops who are pest resistant and hence do not require insecticides. It can prove to be a major restraint for insecticide market in these regions over the projected forecast period.

Key Players

Some of the key market players operating in the market are Bayer AG, Cheminova A/S, Syngenta AG, BASF FMC Corporation, Adama Agricultural Solutions Ltd, Monsanto, DOW Agroscience LLC, Nufarm Ltd, and Du Pont who to enhance their market share focus on ?new product launch?. A new insecticide, called ?Sivanto? has been launched by Bayer Cropscienc. ?Sequoia? and ?Closer? insecticides were launched by DOW Agroscience in 2014.

Report Contents:

> Global Market segments

> Global Market Drivers, Restraints and Opportunities

> Global Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Global Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>>US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Westren Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastren Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage