Middle East and Africa Insecticides market is estimated to reach USD 4.12. Billion by 2026 from a market value of USD 3.11 billion in 2021 at a CAGR of 4.1%.
Insecticides are a kind of Pesticides formulated to kill, Repel or harm insects which reduces crop yield. They can be used in various forms like Sprays, gels, Dust etc. Insecticides are mainly of two types. They are Systematic Insecticides and Contact Insecticides. Systematic Insecticides are a type of pesticides that have long-term residual activity while Contact Insecticides have no residual activity.
Middle East and Africa Insecticides Market Drivers:
Rising concerns of Insect transferrable diseases, Rising Commercial Pest management services, rising demand for food grains owing to the increasing population, increasing Crop losses due to pests, advancements in agricultural practices or techniques, and fall in per capita farmland are some of the major factors driving the market. However, some of the factors like improper handling of insecticides, and its toxic properties are slowing down the growth of the market.
Middle East and Africa Insecticides Market - By Type:
Middle East and Africa Insecticides Market - By Crop Type:
Middle East and Africa Insecticides Market - By Mode of Application:
Middle East and Africa Insecticides Market - By Form:
The organophosphorus segment commanded the market with the highest share as it is cheaper than its alternatives. The bait segment is estimated to be the fastest-growing segment owing to its easy-to-use properties.
Geographically, the market is further segmented into the Middle East and Africa.
Some of the Major Players in the market are E.I. DuPont De Nemours & Company, Cheminova As, Nufarm Limited, Syngenta AG, BASF SE, Bayer Crop Science AG, Dow Chemical Company, Makhteshim Agan Industries, Sumitomo Chemical Company Ltd., and FMC Corporation.
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