North America Adulticide Market Research Report 2021 -Market Size and Forecast


- 06 Dec 2017 10:55 AM IST
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North America Adulticide Market was worth USD XX.XX billion in 2016 and estimated to be growing at a CAGR of X.XX%, to reach USD XX.XX billion by 2021. The simplest definition of an Adulticide is a chemical or insecticide used to kill adult insects. Although adulticides come under insecticides, a recent boom in the adulticide segment has meant that it is now considered as a separate market.

 

Whereas a pesticide controls pests by inhibiting their life cycle, most often in the larvae stage, adulticides function by killing the pests after they have reached adult stage. Adulticides are the cure whereas pesticides are the preventive measure. The recent boom in the adulticide industry is due to the decrease in effectiveness of pesticides targeted at larvae. Pests have started developing resistances to most pesticides and have no problem reaching adulthood. In order to tackle this problem, use of adulticides to kill adult pests is the preferred method.

 

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The major factors affecting the Adulticide market includes the obvious reason for increased demand for agricultural products. The increased demand for food production due to rising populations means maximum efficiency needs to be maintained in farms. Loss of crops to pests is not acceptable and on the off chance that normal pesticides fail, adulticides need to maintain crop productivity. As for the restraints of the market, as with any agrochemical, costs associated with its usage and ecological concerns are the main restraints.

 

The North America Adulticide market is broadly classified by Type into Synthetic, Natural and Biological Adulticides and based on End Users they are classified into Government, Residential and Commercial Usage. Based on geography, the North America market is analysed under USA and Canada. The North American market has the largest market share globally inspite of the having a low growth rate in recent years. This is expected as the scope for development in the region is quite low and the entrant of new players into the market is not encouraged by the presence of major market players native to the region.

 

Market Segmentation:                                              

                1 Type                              

                                1.1 Introduction           

                                1.2 Synthetic 

                                1.3 Natural     

                                1.4 Biological  

                                1.5  Y-o-Y Growth Analysis, By Type    

                                1.6  Market Attractiveness Analysis, By Type  

                                1.7  Market Share Analysis, By Type    

               

 2 End Users                    

                                2.1 Introduction           

                                2.2 Government          

                                2.3 Residential              

                                2.4 Commercial            

                                2.5 Y-o-Y Growth Analysis, By End Users           

                                2.6 Market Attractiveness Analysis, By End Users         

                                2.7 Market Share Analysis, By End Users       

 

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The Adulticide market is highly competitive with a large number of players. Key market players dominating the market with their products include Bayer Environmental Science, Valent BioSciences, Clarke Central Life Sciences, BASF, Summit Chemical, Univa, UPL, Kadant GranTek, Babolna-Bio, MGK, Westham and AllPro Vector.

 

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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.