MRO Magazine

Research and Markets: Global Insecticides Market is expected to grow to $16.7 Billion by 2020


June 10, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/x2hsxz/global) has announced the addition of the “Global Insecticides Market (Type, Crop Type and Geography) – Size, Share, Global Trends, Company Profiles, Analysis, Segmentation and Forecast, 2013 – 2020” report to their offering.

Insecticides are a specific type of pesticides used to obliterate insects. Among different types of insecticides, globally organophosphate market leads in terms of both revenue generator and consumption chiefly due to its cost effectiveness as well as its ability to be applied on wide range of crops and targeted insects. Pyrethroid has the second largest usage in agriculture, as it is highly effective even when used in low quantities and therefore, it is less hazardous to the environment and human health. Market demand for bio-based insecticides is also increasing, as it is environmentally-friendly in nature. Bayer AG, Cheminova A/S, Syngenta AG, BASF FMC Corporation, Adama Agricultural Solutions Ltd, Monsanto, DOW Agroscience LLC, Nufarm Ltd, and Du Pont are some of the key market players operating in the market. The companies are focused on new product launch’ to enhance their market share. In 2014, DOW Agroscience launched two insecticides, namely, Sequoia’ and Closer’. Bayer Cropscience has also launched a new insecticide, called Sivanto’.

The global insecticides market is segmented on the basis of type, crop type and geography. Global insecticide market by type is categorized into organophosphates, pyrethroids, methyl carbamates, neonicotinoids and others. Bio-insecticide is gaining acceptance due to its low level of toxic influence on the natural environment. Currently, the bio insecticide market holds a limited share in the global insecticide market in terms of value and volume both.

Companies Mentioned:

– Adama Agricultural Solutions Ltd

– BASF FMC Corporation

– Bayer AG

– Cheminova A/S

– DOW Agroscience LLC

– Du Pont

– Monsanto

– Nufarm Ltd

– Syngenta AG

For more information visit http://www.researchandmarkets.com/research/x2hsxz/global

About Research and Markets

Research and Markets is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets
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