Asia-Pacific Insecticides Market has been estimated at USD 5.63 billion in 2021 and is projected to reach USD 7.48 billion by 2026, at a CAGR of 6.2% during the forecast period from 2022 - 2027.
Insecticides are formulations of either chemical or biological origin, used to control Insects that reduces crop yield or quality. They are usually applied through Sprays, baits and slow diffusion etc. But chemical insecticides are harmful to environment and also toxic to humans.
Asia-Pacific Insecticides Market Drivers:
Rising Commercial Pest management services, increasing concerns of Insect transferrable diseases, advancements in agricultural practices or techniques, rising demand for food grains owing to the increasing population, increasing Crop losses due to pests, and fall in per capita farm land are some of the major factors driving the market. However, some of the factors like improper handling of insecticides, and its toxic properties are slowing down the growth of the market.
Asia-Pacific Insecticides Market - By Type:
Asia-Pacific Insecticides Market - By Crop Type:
Asia-Pacific Insecticides Market - By Mode of Application:
Asia-Pacific Insecticides Market - By Form:
Geographically, market is further segmented into
Asia-Pacific dominates the market with the largest share owing to the growing health concerns and increase in export of food grains from Asia-Pacific Countries. Japan and China major producers of Insecticides in Asia-Pacific Region
Major Key Players:
Major Players in the market include Dow Chemical Company, BASF SE, E.I. DuPont De Nemours & Company, Bayer Crop science AG, Cheminova As, Nufarm Limited, Syngenta AG, Sumitomo Chemical Company Ltd., Makhteshim Agan Industries, and FMC Corporation
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