The Latin America flonicamid market size is expected to reach USD 8.58 million in 2024 and reach USD 14.54 million by 2029, growing at a CAGR of 11.13% from 2024 to 2029.
A kind of insecticide that belongs to the set of nicotinoids is known as a Flonicamid. It is a substance which interrupts and averts the growth of aphids. It has a fast action of stopping the growth of those plant lice. The major employment of the particular material is in the prevention of different kinds of aphids that appear on various fruits such as apples, peaches, wheat, potato vegetables, and cereals, as well as on cotton and ornamentals. The most striking advantage is that it does not have any kind of detrimental effects on pollinating insects. Furthermore, it possesses a superior environmental, toxicological, and Ecotoxicological base.
The prominent factors that are contributing to boosting the market growth entail a rise in industrialization, urbanization, a rise in the incentives and subsidies by the government authorities, a rise in the investments by the leading companies, constant developments, rising prerequisites, and increased advantages of the product. It has been anticipated that the flonicamid market will undergo huge growth in the next couple of years due to the widening of scope and applications across the globe. However, complications related to handling the chemical hinder the market growth, as flonicamid is a toxic chemical.
This research report on the Latin America flonicamid market is segmented and sub-segmented into the following categories.
Latin America Flonicamid Market - By Form:
Latin America Flonicamid Market - By Application:
Latin America Flonicamid Market - By Product Type:
Latin America Flonicamid Market - By Country:
KEY MARKET PLAYERS:
Major players in the market are ISK, Molepedia, Day Biochem, ChemMol, ZINC, AHH Chemical Co.ltd, Chembase, Ishihara Sangyo Kaisha, and Race Chemical
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