Global Acaricides Market Size study & Forecast, by Type (Organophosphates, Carbamates, Organochlorines, Pyrethrins, Pyrethroids, and Other Types), Application (Spray, Dipping, Hand Dressing, and Other Applications) and Regional Analysis, 2022-2029
Global Acaricides Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. Acaricides is a chemical used to kill the ticks and mites. Thereby preventing the crops from outside forces. The Acaricides market is expanding because of factors such as rising demand for various natural crop protection products and rising use of botanical insecticides. According to FAO, in Germany, the agricultural use of botanical insecticides increased from 15 ton, in the year 2018 to 25 ton, in the year 2019. Further, in Malaysia, the agricultural use of botanical and biological insecticide in 2019 was 101 metric ton. However, strict regulations over the use of acaricides and high cost of acaricides may halt market growth.
The key regions considered for the Global Acaricides Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to expansion of agriculture and animal husbandry sectors. According to India Brand Equity Foundation, the Indian agriculture sector is expected to go to USD 24 Billion, by the year end 2025 from USD 17 Billion, in the year 2022. Europe is expected to grow significantly during the forecast period, owing to growing use of crop protection chemicals for mite-borne diseases.
Major market player included in this report are:
Oro Agri
BASF SE
Bayer Corp Science Limited
Arysta Life Science Limited
FMC Corporation
DuPont
Syngenta International AG
UPL Limited
Corteva Agriscience
Nissan Chemical Industries Ltd
Recent Developments in the Market:
In 2020, BASF revealed acaricide Nealta. The product has an active ingredient-cyflumetofen, it is obtained from a unique group of insecticides (G-25 Group). The product kills mites at all stages of its life cycle: eggs, immature stages, and adult stages while being compatible with beneficial mites and other insects such as bees. It is developed for use in apples, ornamentals, and protected strawberry crops. Thus, with this launch the company will enhance its product portfolio base in the forecast period.
In 2020, Oro Agri launched Oroganic, at HortiContact in Gorinchem, Netherlands. The product is gained from 6% orange oil, with insecticidal, acaricidal, and fungicidal properties. It combats diseases and pests such as powdery mildew, mildew, or thrips efficiently and sustainably. Further, the product is permitted for use on different types of crops, including vegetables, top fruits, and vines.
In January 2019, UPL Spain launched Polithiol and Vondozeb for fruit trees. Polithiol is an effective acaricide and insecticide with anti-cryptogamic benefits, and Vondozeb is an effective fungicide. Additionally, polithiol is an insecticide that has highly refined paraffinic mineral oil. It is effective against scale insects and mite eggs and has an ovicidal and anti-hatching activity.
Global Acaricides Market Report Scope:
Historical DataCompanies Mentioned
Oro Agri
BASF SE
Bayer Corp Science Limited
Arysta Life Science Limited
FMC Corporation
DuPont
Syngenta International AG
UPL Limited
Corteva Agriscience
Nissan Chemical Industries Ltd
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