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Insecticides Market by Type, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR46643
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The insecticides market size has the potential to grow by USD 1.83 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of over 2%. 

This report provides a detailed analysis of the market by type (organophosphorus compounds, pyrethroids, neonicotinoids, methyl carbamates, and others), application (cereal and grains, fruits and vegetables, pulses, oilseeds, and others), geography (APAC, South America, North America, Europe, and MEA), and key vendors. 

Market Overview

Insecticides-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

  • BASF SE
  • Bayer AG
  • Corteva Inc.
  • Dow Inc.
  • FMC Corp.
  • Nissan Chemical Corp.
  • Nufarm Ltd.
  • Sumitomo Chemical Co. Ltd.
  • Syngenta AG
  • UPL Ltd.

 

The insecticides market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the decline in per capita arable land to achieve growth opportunities. However, factors such as health concerns over the use of hazardous chemicals in insecticides will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the insecticides market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This insecticides market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Insecticides Market: Key Drivers and Trends

  • The decline in per capita arable land is one of the key factors driving the growth of the insecticide market during the forecast period.
  • The decline in arable land associated with the decline in total factor productivity (TFP) requires the application of agricultural pesticides to control the loss in the productivity of crops grown on the land that is available.
  • The surge in demand for food has led agriculturists to focus on developing plant health protection agents along with insecticides to improve, protect, and maintain the quality and quality of crop yields.
  • Furthermore, the application of insecticides can reduce crop losses caused by various pest attacks and microbes significantly, thereby leading to healthy growth prospects for the insecticides market during the forecast period.
  • The increase in demand from developing countries will influence the growth of the insecticides market during 2021-2025.
  • The growth of the agriculture sector in these countries to meet the growing food requirements has contributed to market growth. 
  • Furthermore, rising awareness of the advantages of pesticides among farmers will lead to further market penetration and a rise in the consumption of agricultural pesticides. 
  • The rise in the demand for food and a decline in the availability of land for crop cultivation, in developing countries, will propel the use of insecticides for the improvement of farm yield and the reduction of crop losses during the forecast period.

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Insecticides Market: Segmentation by Geography

Insecticides-Market-Market-Share-by-Region-2020-2025

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62% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for insecticides in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

Rapid population growth and the growth in the per capita income of individuals are the prime factors that will facilitate the insecticides market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Insecticides Market: Segmentation by Type

Insecticides-Market-Market-Share-by-Type-2020-2025

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Organophosphorus compounds have been used both as insecticides and nerve agents in chemical warfare. Organophosphorus compounds chemicals were originally produced by the reaction of alcohols and phosphoric acid. They are used extensively owing to their multi-faceted uses as a fumigant, systemic, or contact insecticide. Therefore the growth of the market segment is expected to be significant during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the insecticides market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

 

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Insecticides Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive insecticides market growth during the next five years
  • Precise estimation of the insecticides market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the insecticides industry across APAC, South America, North America, Europe, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of insecticides market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Cereal and grains - Market size and forecast 2020-2025
    • Fruits and vegetables - Market size and forecast 2020-2025
    • Pulses - Market size and forecast 2020-2025
    • Oilseeds - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Organophosphorus compounds - Market size and forecast 2020-2025
    • Pyrethroids - Market size and forecast 2020-2025
    • Neonicotinoids - Market size and forecast 2020-2025
    • Methyl carbamates - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption
    • Competitive landscape

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • BASF SE
    • Bayer AG
    • Corteva Inc.
    • Dow Inc.
    • FMC Corp.
    • Nissan Chemical Corp.
    • Nufarm Ltd.
    • Sumitomo Chemical Co. Ltd.
    • Syngenta AG
    • UPL Ltd.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    The insecticides market growth will increase by $1838.32 million during 2020-2025.
    The insecticides market is expected to grow at a CAGR of 2.10% during 2020-2025.
    Technavio has segmented the insecticides market by type (Organophosphorus compounds, Pyrethroids, Neonicotinoids, Methyl carbamates, and Others) ,application (Cereal and grains, Fruits and vegetables, Pulses, Oilseeds, and Others) , and geographic (APAC, South America, North America, Europe, and MEA).
    BASF SE, Bayer AG, Corteva Inc., Dow Inc., FMC Corp., Nissan Chemical Corp., Nufarm Ltd., Sumitomo Chemical Co. Ltd., Syngenta AG, UPL Ltd. are a few of the key vendors in the insecticides market.
    APAC will register the highest growth rate of 62.26% among the other regions. Therefore, the insecticides market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    • China
    • India
    • US
    • Brazil
    • France
    The key factors driving the insecticides market growth are:
    • Decline in per capita arable land
    The insecticides market vendors should focus on grabbing business opportunities from the organophosphorus compounds segment as it accounted for the largest market share in the base year.
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