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Follow on Google News | Global Insecticide Market: Size, Trends & Forecasts (2020-2024)Bayer Group, Syngenta and BASF Group are some of the key players operating in the global insecticide market whose company profiling has been done in the report. In this segment of the report, business overview, financial overview are provided.
By: Daedal Research Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall insecticides market has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Country Coverage North America Company Coverage Bayer Group Syngenta BASF Group Executive Summary Crop protection chemicals (CPC) which are popularly known as pesticides or agro chemicals are used extensively by farmers to protect their crop from these unwanted agents. Crop protection chemicals provide farmers an economical way of improving the production as well as quality of crops. The crop protection chemicals are categorized into three: Herbicides, Insecticides, and fungicides. Insecticides can further be split on the basis of origin, type, insect pest type and application. The global insecticides market is expected to grow at a healthy rate over the forecast period (2020 -2024), particularly due to increasing demand of food as a result of rising global population. Furthermore, the growth of the market is supported by various growth drivers such as spike in incidence of pest attacks, increasing disposable income in emerging economies, shrinking area under cultivation, production of wide variety of crops etc. Yet the market faces some challenges which are obstructing the growth of the market. Some of the major challenges before the industry are: stringent regulatory framework, harmful impact of chemical products, and high research & development cost. However trends such as increasing adoption of bio-pesticides, high investment in agriculture sector in developing regions, technological advancements etc. are expected to propel the growth of the market in the near future. For further details, kindly visit : https://www.daedal- Rajeev Kumar (Business Development Manager) Address: 36 SFS Flats Paschim Vihar New Delhi-110063 Mobile: +91-9811715635 Tel: +91-120-4553017 Mail ID - info@daedal- End
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