The Global Microencapsulated Pesticides Market is projected to reach USD 817.22 Million by 2027 with a CAGR of over 9.0%.
Microencapsulated pesticides are the chemical compounds containing the active ingredient is entrapped or covered within the protecting layer made of polymers, starch, and other materials. Microencapsulation of pesticides possesses advantages such as high shelf stability of bioactive unstable compounds, conversion of liquid active compounds in solid form, segregating reactive compounds from each other, environmental protection with benefits with handling toxic materials. Encapsulation of the pesticides also allows precise control over the release of active ingredient on the plant surface, for efficient pest control. Owing to these benefits, it is widely used in pest controlling across lawns, turfs, forestry, and agricultural land.
Market Driver:
Globally, the pest is the prime concern of the farmers and are responsible for making a major loss in agricultural yield. Integrated pest management is the process for managing pests for the protection of the agricultural produce. It offers effective and environmentally safe pest management with least hazards to the population. Encapsulation offers a covering to the active ingredient, which was otherwise hazardous and toxic for the environment and humans, is driving the demand for microencapsulation. Introduction of innovative insect control strategies through combining biological, cultural, physical, and chemical for reduction of pests, is further fueling the growth of this market
Pesticide has emerged as the helping hand for minimizing the growth of weeds, insects, rodents, etc., responsible for hampering the overall product yield. Over the time, studies revealed that toxic and harmful chemical infused pesticides are also impacting the soil and crop productivity. Growing global concerns to protect arable land to boost agricultural yield is creating need for better alternative pest controlling. The encapsulated pesticides are used, which are an environmental friendly alternative to pesticides as these covers the active ingredient and prevent reaction of the reactive compounds. Thus, it leads to precise and effective pest controlling. Owing to this, the demand for microencapsulated pesticides is expected to upsurge in the years to follow.
Market Opportunity:
The growth of the microencapsulated pesticides is expected to hinder owing to the high cost associated with the encapsulation of the pest controlling solutions. The cost mainly depends on the technique employed for encapsulation involving expensive yet effective equipment escalating the overall cost of the microencapsulation process, which hampers the market growth.
The report on the microencapsulated pesticide market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
|
Report Features |
Specifics |
|---|---|
|
Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
|
Base Year for Market Calculation |
2019 |
|
Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
|
Measured Units |
Value (USD Million) |
|
Segments Included |
Type, Technology, Application |
|
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Microencapsulated Pesticides Market, by Type
Microencapsulated Pesticides Market, by Technology
Microencapsulated Pesticides Market, by Application
Microencapsulated Pesticides Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE MICROENCAPSULATED PESTICIDES MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
