The Middle East & Africa Slow and Controlled Release Pesticides Market size was around USD 2.98 billion in 2022. It is expected to grow at a CAGR of 8.15% to reach USD 5.23 billion by 2028.
The slow and controlled release type of pesticides comprises retarding biological agents that release their constituents into the environment over a specific time period. These agents are bonded physically and chemically in a compound polymer mix by utilizing numerous techniques. The various systems to form this formulation include migration management by membranes, migration management without using membranes, monolithic system, and laminate system.
The rising consciousness and concern about the diverse side effects of using more than the required amount of chemical-based pesticides, both on the health of the people and on the environment, is the main factor driving the growth of the market globally. Increasing demand for food crops to be met, due to the rapid population growth, is also a key driver behind the market growth.
By Application
Pesticide Type
Region.
The Middle East & Africa market is divided into Agriculture and other applications. Based on market share, the Agriculture segment occupied the first position in this segmentation in 2016. The Agriculture segment is calculated to account for at least six-tenths (60%) of the market share in the time period forecast.
The Middle East & Africa market is classified into the following segments – Insecticides, Herbicides, Fungicides, and other types. As per the contributed market share, the Herbicide segment proved to be the dominating segment of the market. The growing demand for herbicides on account of expanding agriculture is supposed to be a positive influence on the market growth of the Herbicides segment.
The Middle East & Africa Slow and Controlled Release Pesticides Market is examined under the Middle East and Africa regions. The market is forecast to grow at a steady growth rate in the recent future, owing to the expanding practice of scientific farming techniques that are friendly to the environment.
Key Market Players:
Arysta LifeScience Corporation
BASF SE
Sumitomo Chemical Co. Ltd
DuPont
ADAMA Agricultural Solutions Ltd
The Dow Chemical Company
Syngenta
Monsanto Company
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