Global Microencapsulated Pesticides Market is projected to reach USD 817.22 Million by 2027

MICROENCAPSULATED PESTICIDES MARKET: SUMMARY

The Global Microencapsulated Pesticides Market is projected to reach USD 817.22 Million by 2027 with a CAGR of over 9.0%.

Microencapsulated pesticides are the chemical compounds containing the active ingredient is entrapped or covered within the protecting layer made of polymers, starch, and other materials. Microencapsulation of pesticides possesses advantages such as high shelf stability of bioactive unstable compounds, conversion of liquid active compounds in solid form, segregating reactive compounds from each other, environmental protection with benefits with handling toxic materials. Encapsulation of the pesticides also allows precise control over the release of active ingredient on the plant surface, for efficient pest control. Owing to these benefits, it is widely used in pest controlling across lawns, turfs, forestry, and agricultural land.

MICROENCAPSULATED PESTICIDES MARKET: DRIVERS & OPPORTUNITY

Market Driver:

  • Ongoing Advancement in Integrated Pest Management

Globally, the pest is the prime concern of the farmers and are responsible for making a major loss in agricultural yield. Integrated pest management is the process for managing pests for the protection of the agricultural produce. It offers effective and environmentally safe pest management with least hazards to the population. Encapsulation offers a covering to the active ingredient, which was otherwise hazardous and toxic for the environment and humans, is driving the demand for microencapsulation. Introduction of innovative insect control strategies through combining biological, cultural, physical, and chemical for reduction of pests, is further fueling the growth of this market

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  • Eco-friendly Alternative to Conventional Integrated Pest Management

Pesticide has emerged as the helping hand for minimizing the growth of weeds, insects, rodents, etc., responsible for hampering the overall product yield. Over the time, studies revealed that toxic and harmful chemical infused pesticides are also impacting the soil and crop productivity. Growing global concerns to protect arable land to boost agricultural yield is creating need for better alternative pest controlling. The encapsulated pesticides are used, which are an environmental friendly alternative to pesticides as these covers the active ingredient and prevent reaction of the reactive compounds. Thus, it leads to precise and effective pest controlling. Owing to this, the demand for microencapsulated pesticides is expected to upsurge in the years to follow.

Market Opportunity:

  • High Cost of Microencapsulated Pesticides

The growth of the microencapsulated pesticides is expected to hinder owing to the high cost associated with the encapsulation of the pest controlling solutions. The cost mainly depends on the technique employed for encapsulation involving expensive yet effective equipment escalating the overall cost of the microencapsulation process, which hampers the market growth.

MICROENCAPSULATED PESTICIDES MARKET: KEY SEGMENTS

  • Segmentation based on type: Insecticides, Herbicides, Rodenticides, Fungicides and Others
  • Segmentation based on technology: Physical, Physio-chemical and Chemical
  • Segmentation based on application: Agriculture and Non-agriculture
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

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MICROENCAPSULATED PESTICIDES MARKET: REPORT SCOPE

The report on the microencapsulated pesticide market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018–2027

Base Year for Market Calculation

2019

Forecasted Period

2020–2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Type, Technology, Application

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South Africa

KEY COMPANIES COVERED

  • BASF SE (Germany) (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Bayer AG (Germany)
  • Syngenta (Switzerland)
  • FMC Corporation (US)
  • Corteva (US)
  • ADAMA Ltd. (China)
  • UPL (Mumbai)
  • Nufarm Limited (Australia)
  • Nutrichem Company Limited (China)
  • Other Key Companies

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MICROENCAPSULATED PESTICIDES MARKET: REPORT SEGMENTATION

For the scope of the report, In-depth segmentation is offered by Forencis Research

Microencapsulated Pesticides Market, by Type

  • Insecticides
  • Herbicides
  • Rodenticides
  • Fungicides
  • Others

Microencapsulated Pesticides Market, by Technology

  • Physical
  • Physio-chemical
  • Chemical

Microencapsulated Pesticides Market, by Application

  • Agriculture
  • Non-agriculture

Microencapsulated Pesticides Market, by Region

  • North America
  • US
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa
  • South America
  • Brazil
  • Argentina
  • Rest of South America

KEY QUESTIONS ANSWERED BY THE REPORT

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

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Table of Content

1 Introduction

2 Research Design & Scope

3 Executive Summary

4 Market Dynamics

5 Industry Trends — Porters Five Forces Analysis

6 GLOBAL MICROENCAPSULATED PESTICIDES MARKET BY TYPE, Market Size in USD Million (2019–2027)

7 GLOBAL MICROENCAPSULATED PESTICIDES MARKET BY TECHNOLOGY, Market Size in USD Million (2019–2027)

8 GLOBAL MICROENCAPSULATED PESTICIDES MARKET BY APPLICATION, Market Size in USD Million (2019–2027)

9 GLOBAL MICROENCAPSULATED PESTICIDES MARKET BY REGION, Market Size in USD Million (2019–2027)

10 Competitive Landscape

11 Company Profiles

12 Appendix

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach

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