Acaricides Market Share, Top Competitor, Regional Portfolio, and Forecast 2030

Acaricides Market Overview

The global Acaricides Market estimated to be USD 412.72 million in 2020 and is expected to register a CAGR of 5.2% during the forecast period of 2020 to 2030. Pesticides that target acari, such as ticks and mites, are known as acaricides. Because of this, the toxicity level required for each application varies from one to the other. The concentration of several compounds, such as chlorine, zinc, phosphorous, and tin, determines the type of acaricide. It is possible to make acaricides from natural ingredients such as clove, rotten corn, and nectar of the neem tree. In nature, these acaricides are less harmful than those that are created artificially. Organophosphorus and organochlorine are examples of chemically developed acaricides.

Market Dynamics

Pesticides used in agriculture, animal husbandry, and industrial pest management are all examples of acaricides. Acaricides have been in high demand because of an increase in pest infestations and losses due to ticks and mites. The global market for natural crop protection solutions has grown dramatically as a result of rising environmental concerns and the expansion of organic farming. Bio-based goods have been introduced to the market in response to increasing demand from agricultural farmers for natural treatments to treat their crops. As a result of food safety concerns and advancements in crop protection, the global market for acaricides has grown. For acaricide producers, bioactive acaricides have opened a wide range of options.

The acaricides market is expected to grow in the near future due to an increase in the use of acaricides in household applications. Some of the variables influencing the acaricides market include an increase in productivity, the growth of the agriculture sector, and a rise in the demand for livestock on a global scale. The global acaricides market has grown as a result of the expansion of sectors such as fertilisers and pharmaceuticals.

Stringent legislation and growing product prices are the primary deterrents for the market.

Competitive Dynamics

FMC Corporation (US), BASF SE (Germany), Arysta LifeScience (Japan), DuPont (US), Bayer AG (Germany), Nissan Chemical Industries, Ltd. (Japan), Chemtura Corporation (US), Syngenta AG (Switzerland), Tata Chemicals Limited (India), Merck & Co., Inc. (US), NIPPON Soda Co., Ltd. (Japan, Indofil Industries Limited (India), Acaricide India Private Limited (India), Nihon Nohyaku Co., Ltd. (Japan), and PI Industries (India), are some of the top players operating in the global Acaricides market.

Segmental Analysis

These four factors have been used to segment the worldwide acaricides market research report: type, mode of application, application, and geography.

Organophosphorus chemicals, carbamates, plant derivatives, and others make up the worldwide acaricides market.

Hand-dressing, spraying, dipping, and other methods make up the majority of the worldwide acaricides market.

The global acaricides market is divided into agricultural, animal husbandry, industry, and others based on the application.

Regional Overview

The acaricides market share is likely to be dominated by the Asia-Pacific region over the next few years. Because of the region's tropical heat and abundance of agricultural land, acaricides are becoming increasingly popular. Global demand has grown dramatically as a result of strong growth in China, India, and Japan in Asia-Pacific. Due to their ineffectiveness and the development of high levels of resistance, conventional insecticides and acaricides are widely utilized un the management of sucking pests. It is well accepted in China that red spider mites are a major pest, generating significant losses throughout the years. Asian markets have seen an increase in demand due to increased agricultural production in nations like India, China, Indonesia, Japan and South Korea. As a result, Asia Pacific will be able to maintain its market position in the coming years.

In terms of acaricide sales, Europe is currently the second-largest market in the world. It is expected to grow at a faster rate than the United States and Canada combined. In Europe, agriculture is the most common final use, followed by zookeeping and personal usage. In the foreseeable future, the global demand for acaricides will rise as a result of the expansion of these industries. In order to meet the growing global demand for acaricides, companies have been forced to expand or acquire existing projects.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

 

Comments

Post a Comment

Popular posts from this blog

Protein Bars Market Revenue, Share by Type, Source, Top Companies, Regional Growth | Forecast

Image
  Market Overview As per the assessment conducted by Market Research Future (MRFR), the global protein bars market is anticipated to acquire a market value of USD 1,820.6 million while expanding at a CAGR of 7.24% by 2024. Protein bars are nutritional supplements, which offer vitamins, proteins, and others. These products maintain muscle, boost immunity, and provide essential amino acids to the body. The growing prevalence of several health diseases such as; obesity and diabetes has resulted in an increased inclination of people to consume healthy food. The increasing demand for organic ingredients in food and nutritional supplements are likely to boost the market in the coming time. Further, the surging trend of veganism and changing lifestyle are other salient causes that can enhance the market expansion during the forecast tenure. In addition to these, the surging demand for healthy packaged food can be recognized as a crucial factor that can boost the market significantly. ...
Read more

Palm Oil Market Size, Key Players, Opportunities, Statistics, Gross Margin | Forecast

Image
  Market Insights The global Palm Oil Market Size is predicted to expand at 7.6% CAGR over the forecast period owing to its extensive demand in several applications such as bio-diesel, cooking, lubricants, and more, asserts Market Research Future (MRFR). One of the most nutritious edible oil, palm oil is derived from palm fruit. Palm fruit is originally from the Western African region but can easily flourish where rainfall and heat are in abundance. Future Drivers and Constraints Impacting the Market Palm oil is witnessing a high demand in the global market as it can be used as a bio-diesel, cooking oil, cosmetics, lubricants, and others. Palm oil is highly used in vegetable oil for cooking which is a major factor affecting the market positively. Palm oil is also used as feedstock for producing biodiesel in the biofuels market and also as an alternative to mineral oils in power stations which is further stimulating the market growth to a large extent. Additionally, gove...
Read more

Seafood Mushroom Market Statistics, Forecast, Quality Analysis, Top Competitor by Regional Revenue

Image
Seafood Mushroom Market Overview The Seafood Mushroom Market is expected to grow from 1.51(USD Billion) in 2024 to 2.2 (USD Billion) by 2032 and CAGR (growth rate) is expected to be around 4.77% during the forecast period (2024 - 2032). Seafood mushrooms, also known as seafood-flavored mushrooms, are a unique category within the mushroom market, renowned for their distinctive taste and texture that resemble seafood. These mushrooms, often including varieties like oyster mushrooms and king trumpet mushrooms, are popular for their versatility in culinary applications and their ability to mimic the flavors and textures of seafood. The global seafood mushroom market has been experiencing steady growth, driven by increasing consumer interest in plant-based and healthy eating alternatives. The rising popularity of seafood mushrooms can be attributed to several factors. Firstly, the growing trend of veganism and vegetarianism has led consumers to seek out meat and seafood alternatives that p...
Read more