Flonicamid Market

Global Flonicamid Market Size (2024 to 2029)

The global flonicamid market size is expected to reach USD 110.50 million in 2024 and reach USD 13.57 million by 2029, growing at a CAGR of 10.5% from 2024 to 2029.

A kind of insecticide that belongs to the set of nicotinoids is known as a Flonicamid. It is a substance which interrupts and averts the growth of aphids. It has a fast action of stopping the growth of those plant lice. The major employment of the particular material is in the prevention of different kinds of aphids that appear on various fruits such as apples, peaches, wheat, potato vegetables, and cereals, as well as on cotton and ornamentals. The most striking advantage is that it does not have any kind of detrimental effects on pollinating insects. Furthermore, it possesses a superior environmental, toxicological, and Ecotoxicological base.

The prominent factors that are contributing to boosting the market growth entail a rise in industrialization, urbanization, a rise in the incentives and subsidies by the government authorities, a rise in the investments by the leading companies, constant developments, rising prerequisites, and increased advantages of the product. It has been anticipated that the flonicamid market will undergo huge growth in the next couple of years due to the widening of scope and applications across the globe. However, complications related to handling of the chemical hinder the market growth, as flonicamid is a toxic chemical.

REPORT COVERAGE

REGIONAL ANALYSIS

North America is currently leading the market and is simultaneously registering for the largest share in the market, the reason being rise in the investments, augmented demand across various sectors, rising prerequisite, and increased awareness among the end users. On the other hand, Europe is also coming as one of the promising regions as huge number of market opportunities is emerging in the particular region.

KEY MARKET PLAYERS

Major players in the market are ISK, Molepedia, Day Biochem, ChemMol, ZINC, AHH Chemical co.ltd, Chembase, Ishihara Sangyo Kaisha, and Race Chemical.

DETAILED SEGMENTATION OF THE GLOBAL FLONICAMID MARKET INCLUDED IN THIS REPORT

This research report on the global flonicamid market has been segmented and sub-segmented into the following categories.

By Form

• Powder
• Solution

By Application

• Fruits
• Vegetables
• Others

By Product Type

• Type I
• Type II
• Type III

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa