The Business Research Company’s Pesticide And Other Agricultural Chemicals Global Market Report 2021: COVID-19 Impact and Recovery to 2030
LONDON, GREATER LONDON, UK, July 9, 2021 /EINPresswire.com/ — Toxicologists globally are adopting nanotechnology in the development of new, environmentally friendly insecticides. Nanoparticles have revolutionized the pharmaceuticals and chemicals industries. Pesticidal nanoformulations are ultrafine particles with enhanced permeability, stability, and solubility. Most engineers believe that nanotechnology can help make insecticides much safer. Nano sized insecticides can be sprayed in lesser amounts on agricultural fields in comparision with conventional forms. For example, Lansiumamide B (antibacterial) is formulated as nanocapsule to reat tobacco bacterial wilt. Thiametoxam (insecticide) is sprayed as nanoscaled fibre and Deltamethrin (insecticide) is formulated as a lipid nanoparticle.
TBRC’s pesticides industry analysis report is segmented by type into herbicides, insecticides, fungicides, other pesticide and other agricultural chemicals, by origin into synthetic, bio-based, and by application into grains and cereals, pulses and oilseeds, commercial crops, fruits and vegetables, others.
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The global pesticide and other agricultural chemicals market is expected to grow from $80.27 billion in 2020 to $84.82 billion in 2021 at a compound annual growth rate (CAGR) of 5.7%. Pesticides market growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $109.75 billion in 2025 at a CAGR of 7%.
Asia Pacific is the largest region in the global pesticide and other agricultural chemicals market, accounting for 27% of the market in 2020. South America is the second largest region accounting for 24% of the global market. The Middle East has the smallest pesticides market share.
The major players covered in the agricultural pesticides market are Bayer AG, Syngenta AG, BASF SE, Dow Chemical Company, China National Chemical Corporation (Chemchina).
Pesticide And Other Agricultural Chemicals Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides pesticide and other agricultural chemicals market overview, forecast pesticide and other agricultural chemicals market size and growth for the whole market, pesticide and other agricultural chemicals market segments, and geographies, pesticide and other agricultural chemicals market trends, pesticide and other agricultural chemicals market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
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Here Is A List Of Similar Reports By The Business Research Company:
Fungicides Global Market Report 2021: COVID 19 Impact and Recovery to 2030
Herbicides Global Market Report 2021: COVID 19 Impact and Recovery to 2030
Insecticides Global Market Report 2021: COVID 19 Impact and Recovery to 2030
Chemical Fertilizers – Market By Type (Nitrogen Fertilizers, Phosphate Fertilizers, Potash Fertilizers), And By Region, Opportunities And Strategies – Global Forecast To 2022
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