Pesticide Intermediates Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026. Pesticides are substances that are meant to control weeds or pests. Most pesticides are intended to serve as plant protection products which in general protect plants from fungi, weeds or insects. Pesticide intermediates are used in producing these pesticides.
Pesticide intermediates are also used in manufacturing agricultural and other industrial products. These are used in the production of active ingredient or during the production of pesticide products. They are raw materials used for the manufacture of technical grade of active ingredient by purification or chemical reactions. It can be obtained from other sources and also can be manufactured on identical site as that of the final pesticide product. Environmental Protection Agency requires information regarding any toxic qualities of pesticide which may be harmful and these pesticides are tested thoroughly for effectiveness. These intermediate substances are also regulated by the toxic substances control act.
Pesticide Intermediates Market Drivers:
Pesticide intermediates are vital substances used for the production of active ingredient used in the formulation of pesticide. Hence, extensive demand for agricultural products is driving the pesticide intermediate market. Also, increase in population and hence the food demand is boosting the market growth. However, stringent regulations which are associated with the production and usage of pesticide intermediate constrain the market growth during the forecast period. Moreover, manufacturers of pesticide intermediate products give a lot of importance on the production of organic products to ensure its friendliness with humans, crops, and the environment.
REPORT METRIC |
DETAILS |
Market Size Available |
2020 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
xx% |
Segments Covered |
By Product, Application 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 |
Syngenta AG,Bayer,Dow AgroSciences,Monsanto Company,BASF SE,E. I. du Pont de Nemours andCompany,ADAMA Agricultural Solutions Ltd,Nufarm Ltd,FMC corporation,Lanxess and Others. |
The Pesticide Intermediates Market is segmented and sub-segmented into following categories:
Chemical pesticide
North America has the leading market for Pesticide Intermediates in the world, which is followed by Europe and Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period, owing to rising populations and growing economies in the region.
Key Players:
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]