Global Organophosphate Pesticides Market Research Report - Segmented By Ingredients (Malathion, Diazinon, Glyphosate, Methamidophos, Dimethoate, Chloropyriphos, Parathion, Other Organophosphates), Type (Herbicide, Fungicide, Insecticide, Others), Application (Crop Based-Oil Seeds, Fruits & Vegetables, Grains & Cereals, Non-Crop Based-Turf & Ornamental Grass And Others) And Region (North America, Europe, Asia – Pacific, Latin America, Middle East And Africa) - Industry Analysis on Size, Share, Growth, Trends, And Forecast (2024 to 2029).

Published: January, 2024
ID: 868
Pages: 175

Global Organophosphate Pesticides Market Size (2023 to 2028)

The size of the global Organophosphate Pesticides Market Size was predicted to grow to USD 8.06 Billion in 2023 and is estimated to grow at a CAGR of 5.27% to reach USD 10.42 billion by 2028.

Global Organophosphate Pesticides Market Share Insights:

  • Based on ingredients, the malathion segment dominated the market in 2022.
  • Based on type, the herbicides segment led the market in 2022.
  • Based on crop, the oilseed agents segment accounted for the major share of the global market in 2022.
  • Based on region, the Asia Pacific held the largest share of the global organophosphate pesticides market in 2022.

Organophosphate Pesticides are one of the most commonly used groups of pesticides. In terms of significance, Organophosphate insecticides hold approximately 30% of the market share in the global insecticides market by type. Organophosphate pesticides are used for various crop types, such as oilseeds, fruits & vegetables, grains & cereals. The organophosphate substances operate by hindering the enzyme acetylcholinesterase, which in turn causes nervous and respiratory damage, leading to the pest’s death. These pesticides are also comparatively low-priced and extensively applicable.

The growth of the global organophosphate pesticides market is majorly driven by factors such as a wide range of pest control applications of organophosphate pesticides, lower prices, and easy availability. Another major factor driving the market is the globally increasing population, which leads to the need for an increase in crop yield. However, safer alternatives, volatile economies, and various environmental and health hazards linked with the chemicals from these pesticides are the major restraining factors for the market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022 to 2028

Base Year

2022

Forecast Period

2023 to 2028

CAGR

5.27%

Segments Covered

By Ingredients, Type, Crop Based, and Region

Various Analyses Covered

Global, Regional and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Monsanto, DOW Agriscience LLC, Bayer CropScience, Syngenta AG, BASF, Dupont, American Vanguard Corp, FMC Corporation, Adama Agricultural Solutions Ltd, Nufarm.

 

This research report on the global Organophosphate Pesticides Market is segmented and sub-segmented into the following categories:

Organophosphate Pesticides Market - By Ingredients:

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

Organophosphate Pesticides Market - By Type:

  • Herbicide
  • Fungicide
  • Insecticide
  • Others

Organophosphate Pesticides Market - By Crop Based:

  • Oilseeds
  • Fruits & Vegetables
  • Grains & Cereals
  • Non-Crop
  • Turf & Ornamental Grass and others

Organophosphate Pesticide Market - By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

The Asia Pacific has been leading the global Organophosphate Pesticides market and this trend is projected to stay in the near future. North America is the second major consumer of Organophosphate Pesticides, followed by Europe. Demand for Organophosphate Pesticides in North America and Europe 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. The growing demand for Organophosphate Pesticides in South America is anticipated to offer huge growth prospects for the market.

KEY MARKET PLAYERS

Monsanto, DOW Agriscience LLC, Bayer CropScience, Syngenta AG, BASF, Dupont, American Vanguard Corp, FMC Corporation, Adama Agricultural Solutions Ltd and Nufarm are some of the notable players in the organophosphate pesticides market.

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Frequently Asked Questions

what is the size of global of global Organophosphate Pesticides Market?

The global organophosphate pesticides market size was valued at USD 8.06 billion in 2023.

what is the growth of Organophosphate Pesticides Market?

The Organophosphate Pesticides Market is estimated to grow a CAGR of 5.27% to reach USD 10.42 billion by 2028.

what are the key market players of Organophosphate Pesticides Market?

Monsanto, DOW Agriscience LLC, Bayer CropScience, Syngenta AG, BASF, Dupont, American Vanguard Corp, FMC Corporation, Adama Agricultural Solutions Ltd, Nufarm.

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