Europe Organophosphate Pesticides Market

Europe Organophosphate Pesticides Market Size (2024 to 2032)

The European organophosphate pesticides market was valued at USD 1.79 billion in 2023 and is anticipated to reach USD 1.89 billion in 2024 from USD 2.86 billion by 2032, growing at a CAGR of 5.36% from 2024 to 2032.

Organophosphate pesticides are one of the most regularly used groups of pesticides. Organophosphates are the basis of many insecticides, herbicides, and pesticides. The organophosphate substances function by thwarting the enzyme acetylcholinesterase, which in turn triggers nervous and respiratory damage, leading to the pest’s death. Organophosphates are comprehensively used due to their multi-faceted purpose as fumigant, systemic or contact insecticide.

The growth of the Europe organophosphate pesticides market is majorly driven by factors such as high performance of organophosphates, lower price, and easy availability. However, issues such as strict regulatory structures in the EU, the toxicity of these substances towards the environment, and high research and development costs are the major restraints for the market growth in this region.

This market research report on the European organophosphate pesticides market is segmented and sub-segmented into the following categories.

Europe Organophosphate Pesticides Market Analysis By Ingredients

• Malathion
• Diazinon
• Glyphosate
• Methamidophos
• Dimethoate
• Chloropyriphos
• Parathion
• Other Organophosphates

Europe Organophosphate Pesticides Market Analysis By Type

• Herbicide
• Fungicide
• Insecticide
• and others

Europe Organophosphate Pesticides Market Analysis By Application

• Crop Based
  • Oil seeds
  • Fruits & Vegetables
  • Grains & Cereals
• Non-Crop Based
  • Turf & Ornamental Grass
  • others

COUNTRY ANALYSIS

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

The market in this region is expected to grow at a slow rate, largely owing to resilient government control due to the dangerous effects of chemicals on humans and the environment. However, widespread research & expansion activities by all major companies to grow more effective and eco-friendly Organophosphate Pesticides are a major factor driving the market growth in this region.

KEY MARKET PLAYERS

Monsanto, DOW Agriscience LLC, Bayer CropScience, Syngenta AG, BASF, Dupont, American Vanguard Corp, FMC Corporation, Adama Agricultural Solutions Ltd, Nufarm. These are the market players that are dominating the Europe organophosphate market.

Accounting for approximately 30% of the pesticide market share, the Organophosphate Pesticides market draws a great deal of financing from agricultural input companies.