Acaricides Market had a market value of USD 258.84 Million in 2021 and is forecasted to exhibit a CAGR of 5.4% and reach USD 336.69 Million by 2026.
Acaricides are pesticides that kills members from the Arachnid subclass Acari, which includes ticks and bugs. Acaricides are utilized both in Medicine and Agriculture, although the desired power contrasts between the two fields.There are various types of acaricides, based on the amount of various chemicals such as zinc, tin, phosphorus, and chlorine. Acaricides are also produced from natural raw materials such as spoiled corn, clove, and neem. These naturally created acaricides tend to be less poisonous in nature. Chemically derived acaricides include organophosphorus and organochlorine.
Drivers and Restraints:
The Major Driving factors in this market are the rise in efficiency, developments in crop protection industry, and rise in demand for meat and dairy products. The main restraints of the industry are the regulatory restrictions, alternative acaricide sources and rising cost of Raw materials.
REPORT METRIC |
DETAILS |
|
Market Size Available |
2021 – 2026 |
|
Base Year |
2020 |
|
Forecast Period |
2022 - 2027 |
|
CAGR |
5.4% |
|
Segments Covered |
By Type, Application, Mode of Action and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
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. |
Organochlorine
Asia Pacific dominates the Acaricides market, followed by Europe and North America. Asia Pacific is expected to retain its market share during the next few years owing to the growth of agriculture and animal husbandry sectors. Europe follows after Asia-Pacific with second highest share. Further, it is expected to have higher CAGR than North America.
Key Players:
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.
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 Epidemology
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 Type
5.1.1 Introduction
5.1.2 Organochlorine
5.1.3 Organophosphorus
5.1.4 Natural Sources
5.1.5 Others
5.1.6 Y-o-Y Growth Analysis, By Type
5.1.7 Market Attractiveness Analysis, By Type
5.1.8 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Agriculture
5.2.3 Animal Husbandry
5.2.4 Industrial
5.2.5 Others
5.2.6 Y-o-Y Growth Analysis, By Application
5.2.7 Market Attractiveness Analysis, By Application
5.2.8 Market Share Analysis, By Application
5.3 Mode of Application
5.3.1 Introduction
5.3.2 Spray
5.3.3 Dipping Vat
5.3.4 Hand Dressing
5.3.5 Others
5.3.6 Y-o-Y Growth Analysis, By Mode of Application
5.2.7 Market Attractiveness Analysis, By Mode of Application
5.2.8 Market Share Analysis, By Mode of Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.3.4 By Mode of Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.4.4 By Mode of Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.1.5.4 By Mode of Application
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
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 BASF SE
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Bayer AG
8.3 FMC Corporation
8.4 DuPont
8.5 Nissan Chemical Industries. Ltd.
8.6 Syngenta
8.7 Merck & Co.
8.8 The Dow Chemical Company
8.9 Chemtura Corporation
8.10 Arysta Life Science Limited
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.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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