Farmington, March 18, 2023 (GLOBE NEWSWIRE) -- The Aerosol Insecticides Market Is Projected To Reach USD 3.63 Billion By 2030, Growing At A CAGR Of 8.80% During The Forecast Period 2022 To 2030. Insecticide aerosols are agricultural chemicals that kill mosquitoes, flies, bedbugs, beetles, and other insects. They are made with active poisons and other inert ingredients. But the biggest problem with using agrochemicals is that they create a lot of waste. This is where insecticide aerosols come in handy. They make sure that as little waste as possible is made, so they still have a big place in the insecticide business as a whole. Over time, manufacturers have made changes to the product and come up with three different kinds: insect growth regulators, sprays that kill insects even after they are gone, and sprays that kill insects on touch.
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Aerosol Insecticides Market Recent Developments:
- In June 2019, Corteva Agriscience was spun off from DowDuPont, and the remaining entity is being recast as DuPont. Corteva Agriscience has been spun out of DowDuPont and the remaining entity is being recast as DuPont.
- In March 2019, BASF launched Vebtigra Insecticide, an excellent resistance management tool for growers in nurseries and greenhouses, providing precise targeting of sucking insects such as whiteflies, aphids, mealybugs and scales. pest management.
- In March 2019, Bayer launched Fludora Fusion, the world's first combined indoor residual spray insecticide, in Africa to help fight drug-resistant strains of malaria.
- In March 2018, Bayer CropScience acquired the US company Monsanto. With this acquisition, Bayer aims to strengthen its vertical business as well as its global consumer base.
- In January 2018, ADAMA Agricultural Solutions acquired Hubei Sanonda Co., Ltd. (China) to increase its presence in the Asian market.
Aerosol Insecticides Market Dynamics:
Drivers:
Especially in developing economies like India and China, the agricultural industry has come a long way over the years. Strategic partnerships between the public and private sectors have also brought in more attention and money to help the business grow. So, there is a huge need for modern farm tools, which makes the insecticide aerosol market more likely to grow.
Analysts and researchers are working on a big scale to do a lot of research and development. Ingredients used to make agrochemicals are being studied to find out how dangerous they are. Government agencies and officials help researchers with their work. This is the main reason why people all over the world want pesticide aerosols.
Opportunity:
Also, improvements in software technology give market players chances to make money from 2022 to 2029, which is the time frame of the forecast. The market for healthcare interoperability solutions will grow even faster in the future because of how much attention is paid to streamlining imaging processes.
Challenges:
On the other hand, strict government rules about how to use agrochemicals will keep the market from growing. The market growth rate will also be slowed by people learning more about how synthetic pesticides hurt the health of dirt and crops. High chemical effects from making pesticide aerosols, as well as bad effects on human health like cancer, brain damage, birth problems, organ failure, and skin irritation, will slow the market growth rate even more.
Regional Outlook:
Asia and the Pacific is where the most aerosol pesticides are made and where the most of them are used. The rise of the chemical business is driving the market in Asia-Pacific. In China, aerosol insecticide is used a lot. Aerosol pesticides are used a lot in the country because end-use businesses are growing. It also makes a lot of aerosol pesticides, only India makes more. Asia-Pacific has a lot of different types of plants because each country has a very different temperature. In the Asia-Pacific area, aerosol insecticides are in high demand because many countries have agricultural economies, the weather is tropical, and many countries have a lot of farmable land.
In 2018, Europe had a big part of the world market for insecticides that come in aerosol cans. In the Middle East, Africa, and Latin America, aerosol insecticides are getting more and more used. The markets in these places are likely to grow quickly over the next few years. The market for aerosol poisons is growing quickly in North America.
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Scope of Report:
| Report Attributes | Details |
| Growth Rate | 8.80% from 2023 to 2030 |
| Revenue Forecast by 2030 | USD 3.63 Billion |
| By Type |
|
| By Applications |
|
| By Companies | BASF, FMC, McLaughlin Gormley King Company, Whitmire, Zoecon, Rockwell Labs, and Others |
| Base Year | 2022 |
| Historical Year | 2017 to 2021 |
| Forecast Year | 2023 to 2030 |
Aerosol Insecticides Market Key Segments Covered:
Top Market Players:
BASF, FMC, McLaughlin Gormley King Company, Whitmire, Zoecon, Rockwell Labs, and Others.
Aerosol Insecticides Market by Types:
- Foam Aerosols
- Powder Aerosols
Aerosol Insecticides Market by Applications:
- Space Use
- Surface Use
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
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