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Global Organophosphates Market – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global Organophosphates Market

 

By Ingredient Type (Parathion, Malathion, Glyphosate, Methamidophos, Diazinon, Chloropyriphos, Dimethoate), By Category (Insecticide, Fungicide, Pesticide, Herbicide, Others), By Application (Crop Based, Non-Crop Based) and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

Global organophosphates market was valued at US $ XX Mn and expected to grow at 5.5% Compound Annual Growth Rate (CAGR) from 2018 to 2024.

 

Market Outline:

Organophosphates are the esters of phosphoric acid. These are produces by the reaction of phosphoric acid with alcohol. Organophosphates are the source of insecticides, pesticides, herbicides, and fumigants. Organophosphates are used in the crop protection, ornamental crop protections, garden, and home. These are act by inhibiting the acetylcholinesterase enzyme in insects and cause the nervous and respiratory damages result in the death of insects/pests

 

Market Dynamics:

Increase in the global food demand coupled with rise in focus on efficient crop outputs with low cost drive the global organophosphates compound. Change in climatic conditions results in insect growth on agriculture crops, grow in demand for the adoption of ornamental crops and gardens in residential and corporate areas, rise in awareness about the organophosphates among the farmers, increase in population demand for the quality food products, government support for the agriculture sector, broad target spectrum of organophosphates, and rise in R&D for the development of newer products are anticipated to fuel the global organophosphates market over the forecast years. However, stringent regulations for the organophosphates usage, availability of alternative products for the organophosphates, and acute toxicity of organophosphates towards the environment are hinder the growth of global organophosphates market.

 

Market Scope:

Global organophosphates market is segmented based on ingredient type, category, and application

Based on ingredient type, market is segmented into the following:

  • Parathion
  • Malathion
  • Glyphosate
  • Methamidophos
  • Diazinon
  • Chloropyriphos
  • Dimethoate
  • Others

Based on the category, market is segmented into the following:

  • Insecticide
  • Fungicide
  • Pesticide
  • Herbicide
  • Others

Based on the application, the market is segmented into the following:

  • Crop Based
  • Fruits and Vegetables
  • Cereals and Grains
  • Oilseeds
  • Non-Crop Based
  • Turf and Ornamental Grass
  • Others

 

Regional Analysis: Global Organophosphates Market

Geographically, global organophosphates market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America organophosphates market is poised to grow due to rise in population demand for the quality food products, increase in the R&D expenditure for the development of newer products, and high awareness about the organophosphate products are anticipated to propel the market. Europe organophosphates market is driving by rise in adoption of newer organophosphates, rise in focus on the adoption of turf and ornamental crops, presence of huge number of market players in the Europe region are surge the market. Asia Pacific organophosphates market has prominent share attributed to increase in the usage of chemical pesticides coupled with rise in disposable income, grow in agriculture farming in India and China, and government support for the better crop yield with low cost are boost the market.

 

Competition Assessment: Global Organophosphates Market

Some of the players in the global organophosphates market include:

  • BASF SE (Germany)
  • Adama Agricultural Solutions Ltd. (Israel)
  • Bayer Cropscience (Germany)
  • I. du Pont de Nemours and Company (U.S.)
  • Syngenta AG (Germany)
  • DOW Agriscience LLC (U.S.)
  • FMC Corporation (U.S.)
  • Nufarm Ltd. (Australia)
  • The Mosaic Company (U.S.)
  • BASF SE (Germany)
  • Adama Agricultural Solutions Ltd. (Israel)
  • Bayer Cropscience (Germany)
  • I. du Pont de Nemours and Company (U.S.)
  • Syngenta AG (Germany)
  • DOW Agriscience LLC (U.S.)
  • FMC Corporation (U.S.)
  • Nufarm Ltd. (Australia)
  • The Mosaic Company (U.S.)

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