Title: Microencapsulated Pesticides Market - Forecast(2021 - 2026)
1Microencapsulated Pesticides MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Microencapsulated Pesticides market size is
forecast to reach US520.9 million by 2026, after
growing at a CAGR of 8.3 during 2021-2026. - Pesticides with a protective layer over the
active ingredient are known as microencapsulated
pesticides. The controlled release technique is
used to boost the efficiency of pesticides by
microencapsulating them. - High implementation of integrated pest management
programs across the globe is one of the key
factors due to which the market is anticipated to
accelerate during the forecast year. Also, the
increasing requirement for pesticides that are
efficient in insect control is expected to
bolster the growth of the encapsulated pesticides
market over the coming years.
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- Key Takeaways
- Europe dominates the microencapsulated pesticides
market, owing to the increasing agricultural
sector in the European region. The increasing per
capita income and evolving lifestyle of
individuals coupled with the rising population
are the major factors expanding the agriculture
sector in Europe. - The pressure to use pesticides and the belief of
farmers that they are very necessary for
agriculture production is one of the supportive
facts fueling the demand for microencapsulated
pesticides in this region. - The microencapsulated pesticides are in the
introduction period as very few international
players are offering such products. Also, these
pesticides are very costly than conventional one.
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By Distribution Channel- Segment Analysis The
insecticide segment held the largest share in the
microencapsulated pesticides market in 2020 up to
57 by revenue and is estimated to grow at a CAGR
of 8.6 during 2021-2026. Microencapsulated
insecticides are used to control agricultural
pest insects such as beet armyworm and
sap-sucking small insects aphids, an insect and
a member of the superfamily Aphidoidea. Some
formulations of microencapsulated insecticides
include a wall comprising of a polymer, for
instance, by interfacial polycondensation of a
water-soluble monomer and a water-insoluble
monomer, which partially surrounds an
organophosphate insecticide.
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- Industry Outlook
- Syngenta AG
- Bayer Crop Science LLC
- Adama Agriculture Solutions
- BASF Chemical Company
- FMC Corporation
- Corteva Agriscience
- UPL Chemical Industry Company
- Insecticides India Limited
- Nufarm Chemicals Company
- McLaughlin Gormley King Company
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Microencapsulated Pesticides Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Research/M
icroencapsulated-Pesticides-Market-Research-505009
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