Global Microencapsulated Pesticides Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
MarketResearch.biz delivers in-depth insights on the global microencapsulated pesticides market in its upcoming report titled, “Global Microencapsulated Pesticides Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global microencapsulated pesticides market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. 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 2027. 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 microencapsulated pesticides market report has been segmented on the basis of product type, 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.
Microencapsulated pesticides are pesticide with active ingredient dry or liquid encapsulated by a protective coating. The coatings may be plastic, starch, or other material. Microencapsulated pesticides are mixed with water and sprayed on crops same as other sprayable pesticide formulation.
On the basis of product type, the insecticides segment is expected to hold major revenue share in the global microencapsulated pesticides market. Change in global climate has prompted the growth of pests. To protect the crop from these pests and insect’s insecticides are used where they act as poison to pest and insects. The growth of pests and insects is expected to drive segment growth over the forecast period.
On the basis of application, the agriculture segment is estimated to hold major revenue share in the global microencapsulated pesticides market and is expected to maintain its dominance over the forecast period. Growing agriculture sector owing to the rising demand for food across the world is expected to a major factor driving revenue growth of the segment over the forecast period.
Asia Pacific market is estimated to hold major revenue share in the global microencapsulated pesticides market, in 2017 and is expected to maintain its dominance over the forecast period. Raising awareness regarding benefits related to microencapsulated pesticides is expected to be a major factor driving the growth of Asia Pacific microencapsulated pesticides market. The Asia Pacific accounts for the largest revenue share contribution of the target market, followed by markets in North America, Europe, Latin America, and the Middle East & Africa respectively. Growing demand for food products owing to growing population coupled with favorable government policies regarding consumption of pesticides is anticipated to drive revenue growth of microencapsulated pesticide in the Asia Pacific. Moreover, the presence of a large number of manufacturers in the region is expected to support Asia Pacific microencapsulated pesticides market over the forecast period.
Market segmentation and key players operating in the global microencapsulated pesticides market:
By pesticide type:
- Others (rodenticides, nematicides, termiticides, acaricides, fumigants, and petroleum oils)
- 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
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- BASF SE
- Bayer AG
- Syngenta AG
- EcoSafe Natural Products Inc.
- FMC Corporation
- GAT Microencapsulation GmbH.
- BotanoCap Ltd.
- McLaughlin Gormley King Co., Inc.
- Reed Pacific Pty Limited
- China National Agrochemical Co., Ltd.
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