The Acaricides Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Acaricides Market is estimated to be USD 233.5 million in 2016 and predicted to rise to USD 305.7 million by 2021 with a CAGR of 5.4%. The market is segmented by Type (Organochlorine, Organophosphorus, Natural Sources, and Others), by Application (Agriculture, Animal Husbandry, Industrial, and Others), by Mode of Action (Spray, Dipping Vat, Hand Dressing and Others) and by region – Global Industry Analysis, Size, Share, Growth, Trends and forecasts (2016-2021). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
Acaricides are pesticides that execute individuals from the Arachnid subclass Acari, which includes ticks and bugs. Acaricides are utilized both in Medicine and Agriculture, although the desired power contrasts between the two fields.
There are various types of acaricides, based on the amount of various chemicals such as zinc, tin, phosphorous, and chlorine. Acaricides are also produced from natural raw materials such as spoiled corn, clove, and neem. These naturally created acaricides tend to be less poisonous in nature. Chemically derived acaricides include organophosphorus and organochlorine.
Geographically, Asia Pacific dominates the Acaricides market, followed by Europe and North America. Asia Pacific is expected to retain its market share during the next few years owing to the growth of agriculture and animal husbandry sectors. Europe follows after Asia-Pacific with second highest share. It is expected to have higher CAGR than North America.
The major key players operating in this market are BASF SE, Bayer AG, FMC Corporation, DuPont, Nissan Chemical Industries. Ltd., Syngenta, Merck & Co., Inc., The Dow Chemical Company, Chemtura Corporation, Arysta Life Science Limited.
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