Asia-Pacific Acaricides Market

Asia-Pacific Acaricides Market Size (2024 to 2029):

Asia-Pacific acaricides market size is expected to reach USD 99.05 million in 2024 and reach USD 135.70 million by 2029, growing at a CAGR of 6.5% from 2024 to 2029.

Acaricides are pesticides that can kill members of arachnids, mainly mites and ticks. There are various types of acaricides, which include chlorinated hydrocarbons, carbamates, organophosphates, arsenic, and synthetic pyrethroids.

Acaricides are also used to regulate tick and mite-borne diseases. These are extensively used in the agricultural and animal husbandry sector to save crops and cattle from infections. They are also used in animal products to secure pets such as dogs and cats from ticks and mites.

The Asia-Pacific market is growing at a tremendous rate due to the rise in the use of crop protection drugs to regulate the spread of tick and mite-borne diseases. The major growth drivers of this market are Advances in crop protection and the increase in demand for crop- and animal-based food products. Factors restraining the growth of this market are the high price of raw materials and the stringent regulations imposed by some governments.

This research report on the Asia Pacific acaricides market is segmented and sub-segmented into the following categories.

Asia-Pacific Acaricides Market - By Type:

• Organochlorine
• Organophosphorus
• Natural Sources
• Others

Asia-Pacific Acaricides Market - By Application:

• Agriculture
• Animal Husbandry
• Industrial
• Others

Asia-Pacific Acaricides Market - By Mode of Action:

• Spray
• Dipping Vat
• Hand Dressing
• Others

Asia-Pacific Acaricides Market – By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Japan holds the major share in this market, and China holds the highest share in the market, accounting for 44% of the total share regionally.

KEY MARKET PLAYERS:

The major key players operating in this market are BASF SE, Bayer AG, FMC Corporation, DuPont, and Nissan Chemical Industries. Ltd., Syngenta, Merck & Co., Inc., The Dow Chemical Company, Chemtura Corporation, Arysta Life Science Limited.