The global adulticide market was valued at USD 1.19 billion in 2023 and is anticipated to reach USD 1.26 billion in 2024 from USD 2.04 billion by 2032, growing at a CAGR of 6.2% from 2024 to 2032.
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, the use of adulticides to kill adult pests is the preferred method.
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 |
2023 to 2032 |
Base Year |
2023 |
Forecast Period |
2024 to 2032 |
CAGR |
6.2% |
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 of 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 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.
Bayer Environmental Science, Valent BioSciences, Clarke Central Life Sciences, BASF, Summit Chemical, Univa, UPL, Kadant GranTek, Babolna-Bio, MGK, Westham, AllPro Vector. Some of the market players that dominate the global adulticide market.
By Type
By End-user
By Region
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