“US & Europe Pesticide Inert Carriers Market, By Source (Synthetic, Bio-Based), By Composition (Mineral Clay, Organic Solvent, Polymers, Other Compositions), By Form (Dry, Liquid), By Pesticide Type (Herbicides, Insecticides, Fungicides, Rodenticides, Other Pesticide Types), as well as by Country – Global Forecast 2021 to 2030.”, which offers a comprehensive view of the US & Europe pesticide inert carriers market through systematic segmentation that encompasses every aspect of this target market. The 5-year (2020–2025) cumulative revenue of this sector is projected to be over $736.2 Mn, and is estimated to increase substantially over the latter part of the forecast period.
Inert ingredients refer to compounds, chemicals, and other related substances. According to Federal Law, inert ingredients by definition are those ingredients that are combined with ‘active ingredients’ including certain herbs, edible oils, spices & herbs), along with other natural materials.
The steady increase in the demand for food products owing to booming population figures in these areas, is leading various agricultural professionals to increase their dependency on specific types of pesticides as an approach to subsequently increase their respective production capabilities. This is a major factor that is slated to have a profound influence on the projected revenue growth of the US & Europe pesticide inert carriers market in the years to come. Moreover, an increase in the availability of harmful pesticides, as well as the increasing resilience levels among various type of crops to these pesticides, are also factors that are expected to have a significant impact on market growth projections for the US & Europe pesticide inert carriers sector over the next decade. These aforementioned factors are also slated to have a profound influence on the projected market growth of the US & Europe pesticide inert carriers industry, and is anticipated to further augment the overall market footprint of this sector. These aforementioned factors are anticipated to play a critical role in catapulting projected revenues for the Southeast Asia SBC market to $895.9 Mn by 2030, at a CAGR of 5.2%.
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