Organophosphates Pesticides Market – Growing at CAGR of 3.80%,Regional Overview, Key players, Investment Analysis,Industry Trends and Forecast to 2029
Data Bridge Market Research analyses that the Organophosphates Pesticides market was valued at 8.20 billion in 2021 is expected to reach the value of USD 11.05 billion by 2029, at aw CAGR of 3.80% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Market Definition
Organophosphate pesticides are broadly structured organic compounds that aid in pest control. Organophosphate pesticides are chemical compounds derived from phosphoric acid in which an alkyl group replaces at least one hydroxyl group. Pesticides containing organophosphates have acidic chemical properties and are partially protonated.
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Recent Development
·
The US Environmental Protection Agency (EPA) fined Syngenta in
February 2019 for violating pesticide regulations. Syngenta is scheduled to pay
USD 150,000 for improperly applying the organophosphate insecticide
chlorpyrifos to a seed corn field in Hawaii in 2016 and 2017.
·
In March 2019, Bayer CropScience agreed to buy Monsanto. This
acquisition will most likely aid Bayer in expanding its product portfolio and
global consumer base.
·
In January 2020, Adama Agricultural Solutions announced the
acquisition of Hubei Sanonda Co., Ltd. Adama Agricultural Solutions will be
able to increase its market share in Asia due to this acquisition.
Global Organophosphates Pesticides Market Scope
The
organophosphates pesticides market is segmented on the basis of application,
ingredient and type. The growth amongst these segments will help you analyze
meagre growth segments in the industries and provide the users with a valuable
market overview and market insights to help them make strategic decisions for
identifying core market applications.
Type
·
Herbicides
·
Insecticides
·
Others
Ingredients
·
Malathion
·
Diazinon
·
Glyphosate
·
Methamidophos
·
Dimethoate
·
Chloropyriphos
·
Parathion
·
Others
Application
·
Crop based
·
Non-crop based
Organophosphates
Pesticides Market Share Analysis
The
organophosphates pesticides market competitive landscape provides details by
competitor. Details included are company overview, company financials, revenue
generated, market potential, investment in research and development, new market
initiatives, global presence, production sites and facilities, production
capacities, company strengths and weaknesses, product launch, product width and
breadth, application dominance. The above data points provided are only related
to the companies' focus related to organophosphates pesticides market.
Some
of the major players operating in the organophosphates pesticides market are:
·
Bayer AG (Germany)
·
BASF SE (Germany)
·
Yara International
(Norway)
·
Compass Minerals
(U.S.)
·
Syngenta Crop
Protection AG (Switzerland)
·
ADAMA (Israel)
·
Sumitomo Chemicals
(Japan)
·
Nufarm Limited
(Australia)
·
UPL (India)
·
K+S Group (Germany)
·
Israel Chemical
Company (Israel)
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Organophosphates Pesticides Market Regional Analysis/Insights
The
organophosphates pesticides market is analysed and market size insights and
trends are provided by country, application, ingredient and type as referenced
above.
The
countries covered in the organophosphates pesticides market report are U.S.,
Canada and Mexico in North America, Germany, France, U.K., Netherlands,
Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe,
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and
Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and
Rest of South America as part of South America.
The
United States dominates the North American market due to innovative industries
and expanding research and development activities for providing product types
such as devices, reagents & kits, and other services, as well as a
promising growth rate from 2022 to 2029 due to the increasing use of reagents
and kits, Germany is dominating the market and driving growth in Europe. China
is expected to dominate the market in the Asia-Pacific region due to advances
in technology and innovation in food testing as well as rising consumption in
the region and the region's rising lifestyle.
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growth ranges in the future. This will assist our clients in investing in or
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have an objective understanding of market opinions. Our research provides a
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investment hubs:
Our analysis assesses market investment
centres based on projected demand, returns, and profit margins. By using our
market research, our clients may concentrate on the most important investment
centres.
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business partners:
Our research and insights assist our
clients in identifying business partners.
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