Insecticides market is expected to reach USD 18,451.2 million by 2022, growing at a CAGR of 5.3% during the forecast period of 2017 to 2022. Growth of Insecticides Market primarily driven by the rising need to ensure food safety of growing population across the globe. World population is expected to grow by 2.3 billion from 2009 to 2050. While there is a significant drop in the amount of land being used for the agricultural practices in developed countries; according to FAO, arable land in developed countries is expected to decline by 8% by 2050. This would create additional burden on the agricultural sector to increase the production significantly with available land resource.
Here are the top 10 companies operating in Insecticides Market –
Founded in 1865 and headquartered at Germany; BASF Corporation, a largest affiliate of BASF SE, is involved in the manufacturing and supplying of various products. It operates through five segments chemicals, performance products, functional material, and solutions, agriculture solutions, and oil & gas. The agricultural solutions segment provides fungicides, herbicides, and insecticides, as well as functional crop care products.
The Company has its geographic presence in Europe, North America, Asia Pacific and South America, Africa, Middle East.
Bayer Crop Science Ag
Founded in 1863 and headquartered at Leverkusen, Germany; Bayer Crop Science Ag is involved in the healthcare and agriculture sector. The company operates through four divisions, namely, pharmaceuticals, consumer health, crop science, and animal health. It provides crop science services in the areas of seeds, crop protection, and non-agricultural pest control. It offers chemical and biological crop protection products and solutions, including fungicides, herbicides, insecticides, seeds, and seed growth solutions; and services for sustainable agriculture.
With 301 subsidiaries, the company has its geographic presence in 78 countries across the North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
The Dow Chemical Company
Founded in 1897 and headquartered in Michigan, U.S.; The Dow Chemical Company operates through five major segments agricultural sciences, consumer solutions, infrastructure solutions, performance materials & chemicals and performance plastics. The agricultural sciences segment is leading provider of crop protection and seed/plant biotechnology products and technologies, urban pest management solutions and healthy oils. The segment innovates, develops, manufactures and markets products for use in agricultural, industrial and commercial pest management.
With 189 manufacturing facilities in 34 countries, the company has its presence in across North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
E.I. du Pont de Nemours and Company
Founded in 1802 and headquartered at Wilmington, U.S.; the E. I. du Pont de Nemours and Company operates as a subsidiary of The Dow Chemical Company. The company operates through the various segments such as agriculture, automotive, building & construction, electronics, energy, food & beverage, government and public sector, health care & medical, marine, mining, packaging and printing, plastics, and safety and protection. The company’s agriculture segment offers corn hybrid, soybean, canola, sunflower, wheat, rice, sorghum, inoculants, seed products, herbicides, fungicides, and insecticides, as well as offers crop protection products, such as weed control, disease control, and insect control products.
The company has its geographic presence across North America, Europe, Asia-Pacific and Middle East and Africa.
Sumitomo Chemical Co., Ltd
Founded in 1913 and headquartered at Tokyo, Japan; the Sumitomo Chemical Co., Ltd operates through five segments petrochemicals & plastics, energy & functional materials, IT-related chemicals, health & crop sciences, and pharmaceuticals sectors worldwide. the company provides crop protection chemicals through health and crop science sector.
With the over 100 subsidiaries and affiliates, the company has geographical presence in Europe, Asia & middle East, North America, Latin America, Oceania and Africa.
A report into the projected growth of the current Insecticides Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2022, it’s expected to have grown at a CAGR of 5.3%, reaching over $18,451.2 million.
Marrone Bio Innovation
Founded in 2006 and headquartered at Davis, U.S.; Marrone Bio Innovation is involved in bio-based pest management and plant health products primarily for agricultural and water markets internationally. It offers herbicides; fungicides; nematicides; insecticides; algaecides for algae control; molluscicides for mussel and snail control; plant growth and stress regulators; and water treatment products for various applications, such as hydroelectric and thermoelectric power generation, industrial applications, drinking water, aquaculture, irrigation, and recreation.
The company primarily provides its products in the U.S as well as via distributors; it sells its products in Europe, Latin America, and Pacific regions.
Founded in 1999 and headquartered at Basal, Switzerland; Syngenta, subsidiary of ChemChina, engaged in manufacturing, development, research, and distribution of agrochemicals and seeds. Syngenta operates its business through three divisions, namely, crop protection, seed and lawn, and garden markets. The crop protection chemicals segment includes herbicides, insecticides, fungicides, and seed treatments. In Seeds, the company operates in the high value commercial sectors of field crops (including corn, oilseeds, cereals, and sugar beet) and vegetables. The Lawn and Garden business provides professional growers and consumers with flowers, turf and landscape, and professional pest management products.
The Company has geographical presence in Europe, Africa and middle East, North America, Latin America, and Asia Pacific.
Arysta LifeScience Corporation
Founded in 2001 and headquartered at Dublin, Ireland; Arysta LifeScience Corporation, a subsidiary of Platform Specialty Products Corporation, is engaged in developing and distributing crop protection solutions. It offers active ingredients in the areas of herbicides, insecticides, and fungicides; also, biosolutions including biostimulants, nutrition, and biological control products.
The Company has its geographic presence in the North America, Europe, Asia-Pacific, and Middle East & Africa.
Founded in 1883 and headquartered at Philadelphia, U.S; FMC Corporation operates its business through three major segments, namely agriculture solutions, health and nutrition, and Lithium. There is major contribution from Agricultural solutions. The FMC agricultural solutions segment develops, manufactures, and sells crop protection chemicals, such as insecticides, herbicides, and fungicides that are used in agriculture to enhance crop yield and by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.
The Company has geographical presence in Europe, Africa and Middle East, North America, Latin America, and Asia Pacific.
Adama Agricultural Solutions Ltd.
Founded in 1945 and headquartered at Airport City, Israel; Adama Agricultural Solutions Ltd. operates as a subsidiary of China National Agrochemical Corporation. Adama Agricultural Solutions Ltd. involve in developing, manufacturing and marketing of crop protection chemicals to worldwide. The company operates through crop protection and other solutions. The company offers herbicides for weed control in corn, cereals, sugar cane, sugar beet, oilseed rape, sunflower, and cotton; insecticides, such as pyrethroids, avermectins, neonicotinoids, OPs/organochlorine, carbamates, and insect growth regulators for pest control in oilseed, cotton, rice, corn, fruit, vegetable, sugar cane, and other crops; fungicides to protect vine, orchard fruits, cereals, and other crop fields from fungal infections; crop enhancers such as plant growth regulators, biostimulants, fertilizers, and foliar nutrients and adjuvants; seed treatment solution for soybeans, cereals, sugar beet, potatoes, bulbs, and other crops. The company was formerly known as Makhteshim Agan Industries Ltd. and changed its name to Adama Agricultural Solutions Ltd. in January 2014.
With 19 production sites and 7 global product development centers the company has its geographic presence across the North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Popular Mentions: Novozymes, Inc., Nufarm Limited, Heranba Industries Ltd, Dexel Chemical Company, and BioWorks, Inc.,
Authoritative Research on the Insecticides Market – Global Opportunity Analysis and Industry Forecast (2017-2022)
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