Title: Profenofos Market - Forecast(2022 - 2027)
1Profenofos MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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- Profenofos Market size is forecast to reach
US1.4 billion by 2026, after growing at a CAGR
3.4 during 2021-2026. - Profenofos is an organophosphate insecticide
produced by mixing phosphorus oxychloride, sodium
ethoxide, and sodium 1-propanethiolate, then
treating with 4-bromo-2-chlorophenol. - Market growth is also fueled by safety standards
that lead to product development and low pricing
which lead to an increase in demand for
insecticides in emerging countries.
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- Key Takeaways
- APAC region dominated the profenofos market due
to the huge government investments made in the
agrochemicals sector in emerging economies such
as China, India, Japan, and other countries. - Globally, the inclining demand for profenofos
with rising cotton production to control tobacco
budworm, cotton bollworm, armyworm, cotton aphid,
whiteflies, spider mites, and plant bugs is
estimated to drive the market growth in the
projected period. - Rising demand for food crops with emerging
population is anticipated to increase the demand
for more agricultural produce.
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Profenofos Market Segment Analysis By
Geography The APAC region held the largest share
of more than 42 in the profenofos market in
2020. Globally, the region's growth in the market
is mainly due to the rising investments in the
pharmaceutical, personal care, agriculture, and
other end-use industries. As a result of rising
complaints of pest and insect damage to crops in
the region, the presence of established
manufacturers, and rising demand for
agrochemicals such as insecticides and pesticides
has raised the demand for profenofos. Profenofos
is primarily used in agriculture-based economies
around the world as a pesticide. Developing
economies reliant on agriculture, such as India
and Bangladesh, are expected to contribute
positively to market revenue growth in this
region.
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- Profenofos MarketOutlook
- Acme Organics Pvt. Ltd.
- Syngenta
- Bharat Group
- Yantai Keda Chemical
- Fulon Chemical Industrial Co., Ltd.
- Hualong Chemical Industry Co., Ltd.
- Dow AgroScience
- iangsu Jiangnan Agrochemical and others.
- National Company for Agrochemicals Production
(Agrochem) - Jiangsu Baoling Chemical Co., Ltd.
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Profenofos Market - Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Report/15997/profenof
os-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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