Adulticide Market was worth USD xxx billion in 2021 and estimated to be growing at a CAGR of xxx%, to reach USD xxx billion by 2026.
The simplest definition of an Adulticide is a chemical or insecticide used to kill adult insects. Although adulticides come under insecticides, a recent boom in the adulticide segment has meant that it is now considered as a separate market. Whereas a pesticide controls pests by inhibiting their life cycle, most often in the larvae stage, adulticides function by killing the pests after they have reached the adult stage. Adulticides are the cure whereas pesticides are the preventive measure. The recent boom in the adulticide industry is due to the decrease in the effectiveness of pesticides targeted at larvae. Pests have started developing resistance to most pesticides and have no problem reaching adulthood. In order to tackle this problem, use of adulticides to kill adult pests is the preferred method.
Adulticide Market Drivers and Restraints:
The major factors affecting the Adulticide market include the obvious reason for the increased demand for agricultural products. The increased demand for food production due to rising populations means maximum efficiency needs to be maintained on farms. Loss of crops to pests is not acceptable and on the off chance that normal pesticides fail, adulticides need to maintain crop productivity. As for the restraints of the market, as with any agrochemical, costs associated with its usage and ecological concerns are the main restraints.
REPORT METRIC |
DETAILS |
Market Size Available |
2020 – 2025 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
xxx% |
Segments Covered |
By Type, End Users and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Bayer Environmental Science,Valent BioSciences,Clarke Central Life Sciences,BASF, Summit Chemical,Univa,UPL,Kadant GranTek,Babolna-Bio,MGK,Westham,AllPro Vector and Others. |
The Adulticide Market is segmented and sub-segmented into following categories:
Synthetic
The Market is Geographically divided into:
Regional Analysis of the Adulticide Industry:
The Adulticide Market is dominated by North America in 2017 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market is Latin America, which is expected to show high growth rates in the coming years.
Key Players:
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