MarketResearch.biz delivers in-depth insights on the global insect growth regulators market in its upcoming report titled, “Global Insect Growth Regulators Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global insect growth regulators market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global insect growth regulators market report has been segmented on the product, form, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Insect growth regulators are substances which inhibit the growth and development of insects. It is used to break the life-cycle of pest insects by stopping the pests reaching maturity stage and further preventing them to reproduce. Insects develops resistance to insecticides and hence farmer uses broad spectrum insecticides which would eventually loss resistance. Therefore, famers are preferring insect growth regulators as an alternative to board spectrum insecticides. Furthermore, insect growth regulators are more selective and less harmful to the environment.
Increasing pest population is a major factor expected to drive growth of global insect growth regulators market over the forecast period. Furthermore, increasing awareness regarding the harmful effects of insecticides on environment and growing adoption of environmentally safe crop protection products is other factor expected to drive growth of the global insect growth regulators market over the forecast period. Increasing preference of farmers towards organic farming owing to the growing demand for organic food product is other factor expected to support growth of global insect growth regulators market over the forecast period.
Manufacturing companies operating in the target market can focus on selling the product in emerging economies in Africa and Asia Pacific region which can create lucrative opportunities for existing as well as new players operating in the global insect growth regulators market over the forecast period.
North America market dominates the global insect growth regulators market in terms of revenue contribution as compared to that of markets in other regions. This attributed to the high adoption of safe pesticide and rising demand for organic food in the region. Europe accounts for second largest revenue share contribution to the global insect growth regulators market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years. Increasing demand of organic food especially in China and India is expected to drive growth of the market in the region over the forecast period.
Global insect growth regulators market segmentation, by product:
- Chitin synthesis inhibitors
- Juvenile hormone analogs and mimics
- Anti-juvenile hormone agents
Global insect growth regulators market segmentation, by form:
Global insect growth regulators market segmentation, by application:
Global insect growth regulators market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Bayer Cropscience AG
- The DOW Chemical Company
- Sumitomo Chemical Company Limited
- Syngenta AG
- Adama Agricultural Solutions Ltd.
- Nufarm Limited
- Platform Specialty Products Corporation
- Central Life Sciences
- Valent U.S.A Corporation
- Control Solutions, Inc.
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