Dublin, July 14, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/lp6w2q/insecticides) has announced the addition of the "Global Insecticides (Macrocyclic Lactones, Phenylpyrazoles, and Benzoylureas) Market - Trends and Forecasts to 2019" report to their offering.
Insecticides are pesticides used to kill or inhibit the growth of insects. Selective insecticides kill specific targets while leaving the desired crop relatively unharmed.
Increasing demand for agricultural products and decreasing arable land are driving the insecticides market. The insecticides market is driven by many factors: profitability margin in this segment, adoption of modern farming & protected agriculture, change in farming practices & technology, and high returns on investments. This market is projected to reach a value of $16,436.0 million by 2019, at a CAGR of 4.7% from 2014 to 2019.
Extensive investments are being made in research and development to come up with advanced products, so that maximum market share can be occupied by introducing new and improved products to meet customers' demands. The global market for insecticides is dominated by a few large multinational corporations, which include Syngenta (Switzerland), BASF (Germany), Bayer Crop Science (Germany), and Dow AgroSciences (U.S.). These participants together accounted for the major share of the insecticides market in 2013. Agreements, partnerships, and collaborations are the most common strategies followed by these companies, which is predicted to give a new dimension to this market from 2014 to 2019. New product development is projected to be the second most followed strategy from 2014 to 2019.
The size of the insecticides market was derived by forecasting techniques based on segments of entire market, such as crop types and trade between various geographical regions. The major market players were derived through secondary research and their market revenue was determined through both primary and secondary research. It includes a study of the annual reports of top market players and interviews with key opinion leaders such as CEOs, directors, and marketing personnel.
On the basis of type:
- Organophosphorus compounds
- Pyrethroids
- Neonicotinoids
- Methyl carbamates
- Others
On the basis of crop type:
- Cereals & grains
- Oilseeds & pulses
- Fruit & vegetables
- Others
On the basis of geography:
- North America
- Europe
- Asia-Pacific
- Latin America
- Rest of the World (ROW)
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Premium Insights
4 Industry Analysis
5 Market Overview
6 Market Analysis
7 Insecticides Market, By Type
8 Insecticides Market, By Crop Type
9 Insecticides Market, By Geography
10 Competitive Landscape
11 Company Profiles
Companies Mentioned:
- BASF
- Bayer Cropscience AG
- Cheminova As
- Dow Chemical Company
- E.I. Dupont De Nemours & Company
- FMC Corporation
- Makhteshim Agan Industries.
- Nufarm Limited
- Sumitomo Chemical Company Ltd.
- Syngenta AG
For more information visit http://www.researchandmarkets.com/research/lp6w2q/insecticides