The Europe Acaricides Market is expected to grow at a CAGR of 5.6% and reach USD 92.25 million in 2026 from USD 71.25 million in 2021. Acaricides are a type of insecticides that form a mandatory part of the crop protection drug industry. These are created and used for regulating different kinds of arthropod pests, massively occurring in plant and animal bodies.
The rising incidence of tick and mite-borne illnesses in the European agricultural sector in the recent past has paved the path for high market growth of acaricides in Europe. There are various types of acaricides available, differing in concentration like- phosphorus, tin, zinc and chlorine
Drivers and Restraints of Europe Acaricides Market:
Rise in requirement for high productivity in both agricultural and animal based sector and rising demand for crop and animal based products are the major driving factors for the market in Europe. Major factors restraining the future growth of market is growing concern over environmental safety and the stringent regulations.
Europe Acaricides Market - By Type:
Europe Acaricides Market - By Application:
Europe Acaricides Market - By Mode of Action:
Based on geography, this market is further segmented in to
Europe holds the second highest share in the global market. Europe is quite developed market and still expected to grow at a higher CAGR than North America.
The major key players operating in this market are BASF SE, Bayer AG, FMC Corporation, DuPont, Nissan Chemical Industries. Ltd., Syngenta, Merck & Co., Inc., The Dow Chemical Company, Chemtura Corporation, Arysta Life Science Limited.
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