The Europe Slow and Controlled Release Pesticides Market was worth US$ 0.94 billion in 2023 and is anticipated to reach a valuation of US$ 1.58 billion by 2029 and is predicted to register a CAGR of 8.96% during 2024-2029.
Market Overview:
The slow and controlled release type of pesticides comprises retarding biological agents that release their constituents into the environment over a specific time period. These agents are bonded physically and chemically in a compound polymer mix by utilizing numerous techniques. The various systems to form this formulation include migration management by membranes, migration management without using membranes, monolithic system, and laminate system.
Market Drivers:
The rising consciousness and concern about the diverse side effects of using more than the required amount of chemical-based pesticides, both on the health of the people and on the environment, is the main factor driving the growth of the market globally. Increasing demand for food crops to be met, due to the rapid population growth, is also a key driver behind the market growth.
Market Segmentation:
Under classification Based on market share, the Agriculture segment occupied the first position in this segmentation in 2016. The Agriculture segment is calculated to account for at least six-tenths (60%) of the market share in the time period forecast As per the contributed market share, the Herbicide segment proved to be the dominating segment of the market. The growing demand for herbicides on account of expanding agriculture is supposed to be a positive influence on the market growth of the Herbicides segment.
Market Geographical Analysis:
The increasing government regulations to control the number of chemicals used while farming is the main reason for the high predicted growth rate of the market in the region.
Market Key Players:
FAQ's
The slow and controlled release pesticides market is expected to grow with a CAGR of 8.96% between 2024-2029.
The slow and controlled release pesticides market size is expected to reach a revised size of US$ 1.58 billion by 2029.
Dupont, ADAMA Agricultural Solutions Ltd, The Dow Chemical Company, Syngenta, and Monsanto Company are top key players in the slow and controlled release pesticides market.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]