Miticides Market - Forecast(2021 - 2026) - PowerPoint PPT Presentation

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Miticides Market - Forecast(2021 - 2026)

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Miticides Market size is forecast to reach $3 billion by 2025, after growing at a CAGR of 6% during 2020-2025. – PowerPoint PPT presentation

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Title: Miticides Market - Forecast(2021 - 2026)


1
Miticides MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Miticides Market size is forecast to reach 3
    billion by 2025, after growing at a CAGR of
    6 during 2020-2025. Miticides are chemical
    substances used to control mites and ticks.
  • Rising concerns over plants and crop protection
    from the pests and mites are driving the growth
    of miticides market size during the forecast
    period. Furthermore, a growing population coupled
    with increasing food consumption has boosted the
    demand for miticides.
  • Additionally, a decrease in agricultural
    landmass due to rapid urbanization has impelled
    the farmers to use miticides in order to achieve
    better crop productivity.

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3
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  • Key Takeaways
  • Government restrictions on the use of harmful
    pest and mite control chemicals is impacting the
    growth of miticides market.
  • For instance, the European Union (EU) has banned
    the sales of chlorpyrifos which is an
    organophosphate insecticide, acaricide, and
    miticides after January 31, 2020.
  • Brazil is among the most productive in the global
    agricultural sector, with annual revenues of US
    84.6 billion in 2018 and according to the US
    Department of Agriculture, agricultural revenue
    in the country grows at a much higher rate than
    the rest of the world. The flourishing
    agricultural sector also augments the demand of
    miticides in Brazil.

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4
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By Distribution Channel- Segment Analysis The
chemical miticides segment held the largest share
of more than 65 in the miticides market in 2019.
Chemical miticides are preferred over biological
due to its effectiveness and ability to destroy
mites and ticks faster. Chemicals affect mites
essential biological processes or systems such as
metabolic energy production, nervous system, or
growth. Disruption or change in metabolic,
developmental, or other physiological functioning
within the mites, eventually lead to the death of
mites and ticks.
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5
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  • Industry Outlook 
  • Bayer AG,
  • BASF SE,
  • Syngenta AG,
  • FMC Corporation,
  • United Phosphorus Limited,
  • DuPont de Nemours, Inc.,
  • Nufarm Ltd.,
  • Dow AgroSciences LLC,
  • Gowan Company,
  • Terminix International Company

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6
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Miticides Market - Forecast(2021 - 2026) Learn
More About the Report _at_ https//www.industryarc
.com/Research/Miticides-Market-Research-504989
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Email sales_at_industryarc.com
7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id504989

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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