The Europe insecticides market was valued at USD 5.29 billion in 2023 and is anticipated to reach USD 5.57 billion in 2024 from USD 8.42 billion by 2032, growing at a CAGR of 5.3% from 2024 to 2032.
Insecticides are chemicals used to control insects by killing them or preventing them from doing anything destructive to crops. Insecticides generally increases the productivity of crops. They are normally used in the Agricultural, Industrial, and Medicine sectors. The most commonly used Insecticides are Organophosphates, Pyrethroids and Carbamates.
Some of the major factors driving the market are increasing concerns about Insect transferrable diseases, rising demand for food grains owing to the increasing population, increasing Crop losses due to pests, Rising Commercial Pest management services, advancements in agricultural practices or techniques, and fall in per capita farmland. However, some of the factors, like improper handling of insecticides and their toxic properties, are slowing down the growth of the market.
Europe is the third highest market in the world owing to the advanced agricultural practices.
Major Players in the market include BASF SE, E.I. DuPont De Nemours & Company, Dow Chemical Company, Cheminova As, Bayer Crop Science AG, Nufarm Limited, Syngenta AG, FMC Corporation Makhteshim Agan Industries, Sumitomo Chemical Company Ltd.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region