Data Bridge Market Research analyses that the molluscicides market will witness a CAGR of 8.00% for the forecast period of 2021-2028. Growth in the demand and production of agrochemicals, growing use of molluscicides for a wide range of end use agricultural and non-agricultural applications, and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the molluscicides market. This means that, the molluscicides market value, which was USD 800 million in 2020, will rocket up to USD 1,480.74 million by 2028.
Mollusks are the organisms such as snail baits, slug pellets, or snail pellets that feed on the crops and hamper the crop productivity. Therefore, here arises the role of molluscicides. Molluscicides are the agrochemicals that are used against all kinds of mollusks.
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Increasing demand for fertilizers and other chemicals that are efficient against mollusks is the root cause fuelling up the molluscicides market growth rate. Also, surge in the population of snails and slugs in the farms and gardens have fuelled up the molluscicides market growth rate. Rising industrialization and growth, and expansion of agrochemical industry will also directly and positively impact the growth rate of the molluscicides market. Increased or growing demand for horticulture crops especially in the developing economies coupled with rising focus of the manufacturers on the introduction of green molluscicides will further propel growth in the molluscicides market value. Rising environmental concerns will also propel growth in the green molluscicides market value. Growth and expansion of agricultural industry is also bolstering the molluscicides market growth rate.
However, large scale availability of traditional pest control tools and techniques will pose a major challenge to the growth of the molluscicides market. Also, stringent or strict government regulations on the application of agrochemicals will dampen the molluscicides market growth rate. Excessive use of chemicals can harm the environment, and this will further derail the molluscicides market growth rate.
Competitive Landscape and Molluscicides Market Share Analysis
The molluscicides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to molluscicides market.
The major players covered in the molluscicides market report are Lonza., Bayer AG, AMVAC Chemical Corporation., BASF SE, Adama Agricultural Solutions UK Ltd, Marrone Bio Innovations., De Sangosse Ltd, Certis UK, PI Industries, Syngenta Crop Protection AG, Liphatech, Inc., VAPCO, HISIGMA CHEMICALS CO.,LTD., INDUSTRIALCHIMICA S.R.L., Certis, W. Neudorff GmbH KG and Novozymes among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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This molluscicides market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on molluscicides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Molluscicides Market Scope and Market Size
The molluscicides market is segmented on the basis of type, form, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the molluscicides market is segmented into chemical molluscicides and biological molluscicides. Chemical molluscicides have been further segmented into metaldehyde, methiocarb, ferrous phosphate, and others. Others have been further sub segmented into ferric sodium, edta and metal salts.
- Based on the form, the molluscicides market is segmented into pellet, liquids and gels.
- The molluscicides market is also segmented on the basis of application. The application is segmented into agriculture, and non-agriculture. Agriculture has been further segmented into fruits and vegetables, cereals and grains, and oilseeds and pulses. Non-agriculture has been further segmented into commercial, and residential.
Global Molluscicides Market Country Level Analysis
The molluscicides market is analysed, and market size, volume information is provided by country, type, form, and application referenced above.
The countries covered in the molluscicides market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region dominates the molluscicides market owing to the growth and expansion of agrochemicals industry especially in the emerging economies like India and Chona. Asia-Pacific is projected to undergo substantial gains. This is because of the growing awareness among the population in regards to crop protection and optimizing yield. Rising industrialization is another important market growth determinant for this region.
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