Dec 29, 2017   SOURCE: BusinessWire

Global Insecticides Market - Expected to Reach $20.8 Billion by 2022 - Research and Markets

The "Insecticides Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

The insecticides market is projected to grow at a CAGR of 5.27% from 2016, to reach USD 20.82 Billion by 2022. The increasing global exports and rise in instances of crop losses due to insect infestation are resulting in an increased market for insecticides, globally. Insecticides are formulated to kill, harm, repel, or mitigate one or more species of insects and offer several advantages to producers.

On the basis of type, the organophosphorus segment accounted for the largest market in the insecticides market in 2015. This type of insecticides is the most widely used as it is cheaper than other alternatives. The U.S. and U.K. contribute to a larger share for these insecticides, globally.

On the basis of crop type, the cereals & grains segment accounted for the highest consumption of the insecticides in 2015. On a global level, the total cereal production has been increasing, and with the growth in cereal production and consumption, it has become important for producers to focus more on its yield and quality by using different insecticides.

On the basis of form, the baits segment is projected to grow at a higher growth rate in the global insecticides market from 2016 to 2022. Baits are ready-to-use active ingredients which are mixed with food or other substances. It has both outdoor and indoor applications. In agriculture, baits are used to control termites and rodents.

However, factors such as the harmful impact on human health and the uncertainty of the world economy affect the pesticides industry negatively, thereby restraining the growth of the insecticides market.

Companies Mentioned

  • ADAMA Agricultural Solutions Ltd
  • BASF SE
  • Bayer Cropscience AG
  • Chemchina (Syngenta AG)
  • DOW Agrosciences (The DOW Chemical Company)
  • E.I Du Pont De Nemours and Company
  • FMC Corporation
  • Nufarm Limited
  • Sumitomo Chemical Company Ltd
  • United Phosphorus Limited

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Insecticides Market, By Type

8 Insecticides Market, By Crop Type

9 Insecticides Market, By Form

10 Insecticides Market, By Mode of Application

11 Insecticides Market, By Region

12 Competitive Landscape

13 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/gg4vh5/insecticides