The Asia-Pacific Organophosphate Pesticides Market was worth USD 2.77 billion in 2018 and estimated to be growing at a CAGR of 5.48%, to reach USD 3.62 billion by 2023. Organophosphate Pesticides are one of the most regularly used groups of pesticides.
Organophosphates are the source of many insecticides, herbicides, and pesticides. These chemicals are usually formed by the reaction of alcohols and phosphoric acid. Organophosphates are extensively used due to their multi-faceted function as fumigant, systemic or contact insecticide.
The growth of the Asia-Pacific Organophosphate Pesticides market is majorly driven by factors such as rising population, extensive variety of pest control applications of organophosphate pesticides, lower price, and easy availability. However, safer substitutes, unpredictable economies, and numerous environmental and health hazards linked with the chemicals from these pesticides are the major restraining factors for the market in this region.
The Asia-Pacific Organophosphate Pesticides market is segmented based on Ingredients, Type, and Application. The market for Organophosphate Pesticides, on the basis of Ingredients, is classified into Malathion, Diazinon, Glyphosate, Methamidophos, Dimethoate, Chloropyriphos, Parathion, and Other Organophosphates. On the basis of type, the Organophosphate Pesticides market is segmented into Herbicide, Fungicide, Insecticide, and others. On the basis of Application, the Organophosphate Pesticides market is segmented into Crop Based and Non Crop Based. Crop Based segment is further sub-segmented into Oil seeds, Fruits & Vegetables, Grains & Cereals, whereas Non Crop Based segment is further sub-segmented into Turf & Ornamental Grass and others. By application, grains & cereals lead the market for Organophosphate Pesticides and this trend is anticipated to remain during the forecast period.
The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. The Asia-Pacific region accounts for more than 40% of the global market for the Organophosphate Pesticides market, with China and India being the most populous countries in this region contributing to the increasing global share. The Asia-Pacific region is projected to offer profitable growth prospects, owing to the huge population numbers, high GDP growth rates, and the rise in disposable incomes in emerging economies, primarily in China, India, Vietnam and Thailand.
Accounting for approximately 30% of the pesticides market share, the Organophosphate Pesticides market draws great deal of financing from agricultural input companies. The major companies dominating this market are Monsanto, DOW Agriscience LLC, Bayer Cropscience, Syngenta AG, BASF, Dupont, American Vanguard Corp, FMC Corporation, Adama Agricultural Solutions Ltd. and Nufarm.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Ingredients
5.1.1 Malathion
5.1.2 Diazinon
5.1.3 Glyphosate
5.1.4 Methamidophos
5.1.5 Dimethoate
5.1.6 Chloropyriphos
5.1.7 Parathion
5.1.8 Other Organophosphates
5.2 By Type
5.2.1 Herbicide
5.2.2 Fungicide
5.2.3 Insecticide
5.2.4 Others
5.3 By Application
5.3.1 Crop Based
5.3.1.1 Oil seeds
5.3.1.2 Fruits & Vegetables
5.3.1.3 Grains & Cereals
5.3.2 Non Crop Based
5.3.2.1 Turf & Ornamental Grass
5.3.2.2 Others
6. Geographical Analysis
6.1 Introduction
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Monsanto
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 DOW Agriscience LLC
8.3 Bayer Cropscience
8.4 Syngenta AG
8.5 BASF
8.6 Dupont
8.7 Adama Agricultural Solutions Ltd
8.8 American Vanguard Corp.
8.9 FMC Corporation
8.10 Nufarm
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
