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At a CAGR of 13.7% between 2023 and 2030, the value of the global microencapsulated pesticide market is expected to rise from $536.9 million in 2022 to $1569.11 million.
One factor fueling market growth is the increasing application of microencapsulated insecticides in agricultural settings for the control of a wide range of pests and disease vectors. Bugs, invasive plants, mosquitoes, rats, mice, and other pests are no match for this herbicide. Growth in the market is anticipated to be led by the rising usage of microencapsulated insecticides in agricultural applications. Microencapsulated pesticides have found widespread use in a variety of agricultural and non-agricultural contexts, including forestry, ornamental and turf, structural, and others. These pesticides are tiny capsules with a circumference of 0.1 to 1 m, packed with liquid, solid, or gas components. Crops are sprayed with a solution made from dissolved pesticide capsules. The pesticide is released gradually as the capsule's polymer shell dissolves in water. This is a strategy for reducing water loss and allowing for the slow introduction of insecticides. Advantages of microencapsulated capsules include insect resistance, undetectable liquid-to-solid conversion, reactive component separation, and more.
Popular microencapsulated pesticides include insecticides, which kill insects or prevent them from engaging in destructive behavior. Insecticides are chemicals created to eliminate pest insects or to reduce their potential for harming crops. Some insecticides attack the nervous systems of insects, while others break down their exoskeletons. The usage of insecticides for crop protection is expected to increase in the next years, which will drive market expansion. Microencapsulated pesticides have numerous uses in agriculture and beyond. The agricultural industry relies on these chemicals to protect crops from pests. In order to protect their crops, farmers rely heavily on these insecticides. Microencapsulated pesticides are projected to see increased demand in the coming years as agricultural activities expand to meet rising food consumption. Pesticides are also used in non-agricultural settings, including as on animals, in homes and businesses, in the food industry, and in public health emergencies. The rise of the market is anticipated to be driven by the rising need for pesticides in the least invasive and risky formats. The government has taken several measures to lessen the impact of pesticides on people and ecosystems. Pesticides are a class of chemicals that can be harmful to humans and wildlife and lead to a host of other issues. Therefore, numerous governments have implemented a wide range of restrictions on its use, distribution, and stockpiling.
Analysis of the Market for Microencapsulated Pesticides
About 55% of the industry's income in 2022 came from sales of insecticides. The rising use of insecticides to prevent damage to crops is largely responsible for this growing share. Insecticides are widely seen as the best option for farmers who want to defend their crops from pests. The expansion of agricultural endeavors and the widespread availability of low-cost pesticides should drive demand upward over the next few years. Microencapsulated herbicides are another type of pesticide that is predicted to see rapid growth in the coming years. The rise correlates with the rising application of herbicides as pesticides and for the management of undesirable plant life. Weeds can be eliminated and crops protected with the help of herbicides. A boost in the number of uses for herbicides in farming, forestry, and gardening is expected to drive up demand over the next years. The use of fungicides is commonplace in agriculture and gardening because of the damage that fungi may do to crops and plants. Crop damage from fungi is extremely detrimental to agriculture, resulting in decreased yields and worse quality products. In order to lessen the damage caused by fungi, fungicides are frequently utilized in agricultural contexts. Fungicide demand is expected to rise in the next years as a result of the rising importance of fungal protection for crops.
Market Analysis of Microencapsulated Pesticides for Different Settings
In 2022, the agricultural sector was responsible for over 65% of the market's total revenue. The rising demand for food around the world is mostly responsible for its enormous portion. Humans' primary requirement has always been sustenance. The global population's food consumption has risen in recent years. The rising need for food has spurred an uptick in agricultural output all around the globe. To prevent damage from pests like insects, fungi, and even other plants, farmers frequently employ microencapsulated pesticides. In the coming years, consumers are forecast to consume more food than ever before. Microencapsulated pesticides have uses outside of agriculture, such as in livestock, homes and businesses, and the food industry.
Factors Influencing Sales of Microencapsulated Pesticides
Maximized Efficiency
The effectiveness of pesticides can be enhanced by using microencapsulation technology, which allows for the gradual release of the active chemicals. The pesticide is preserved from environmental degradation, its residual action is prolonged, and it is delivered specifically to the pests or places of interest thanks to the encapsulation.
Complexity of Formulation
It takes competence in formulation chemistry to develop microencapsulated insecticides. There are a wide variety of materials and methods that can go into the encapsulating process. For smaller pesticide manufacturers or in regions with few technical resources, the intricacy of microencapsulation technology may prevent its widespread adoption.
Limitations of the Microencapsulated Pesticide Market
Few things are compatible
Not all pesticides or active chemicals are good candidates for microencapsulation. Due to their chemical qualities or interactions with the encapsulating materials, some pesticides may not be amenable to encapsulation. Due of this restriction, only a subset of pesticides is suitable for microencapsulation.
Report Coverage
Global Microencapsulated Pesticide research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Microencapsulated Pesticide report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Microencapsulated Pesticide competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Microencapsulated Pesticide market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Microencapsulated Pesticide market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Microencapsulated Pesticide market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Syngenta, Bayer CropScience, BASF SE, FMC Corporation, Corteva Agriscience, ADAMA Agricultural Solutions, Nufarm Limited, Sumitomo Chemical Co., Ltd., Arysta LifeScience Corporation, UPL Limited, Valent BioSciences Corporation, Marrone Bio Innovations, Isagro S.p.A., Certis USA LLC, Dow AgroSciences LLC, Mitsui Chemicals Agro, Inc., ADAMA Ltd., Sipcam-Oxon Group, Belchim Crop Protection, WinField United
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Microencapsulated Pesticide market based on the below-mentioned segments:
Global Microencapsulated Pesticide Market, By Type
Insecticides
Herbicides
Rodenticides
Fungicides
Others
Global Microencapsulated Pesticide market, By Application
Agricultural
Non-agricultural
Global Microencapsulated Pesticide market, Regional Analysis
One factor fueling market growth is the increasing application of microencapsulated insecticides in agricultural settings for the control of a wide range of pests and disease vectors. Bugs, invasive plants, mosquitoes, rats, mice, and other pests are no match for this herbicide. Growth in the market is anticipated to be led by the rising usage of microencapsulated insecticides in agricultural applications. Microencapsulated pesticides have found widespread use in a variety of agricultural and non-agricultural contexts, including forestry, ornamental and turf, structural, and others. These pesticides are tiny capsules with a circumference of 0.1 to 1 m, packed with liquid, solid, or gas components. Crops are sprayed with a solution made from dissolved pesticide capsules. The pesticide is released gradually as the capsule's polymer shell dissolves in water. This is a strategy for reducing water loss and allowing for the slow introduction of insecticides. Advantages of microencapsulated capsules include insect resistance, undetectable liquid-to-solid conversion, reactive component separation, and more.
Popular microencapsulated pesticides include insecticides, which kill insects or prevent them from engaging in destructive behavior. Insecticides are chemicals created to eliminate pest insects or to reduce their potential for harming crops. Some insecticides attack the nervous systems of insects, while others break down their exoskeletons. The usage of insecticides for crop protection is expected to increase in the next years, which will drive market expansion. Microencapsulated pesticides have numerous uses in agriculture and beyond. The agricultural industry relies on these chemicals to protect crops from pests. In order to protect their crops, farmers rely heavily on these insecticides. Microencapsulated pesticides are projected to see increased demand in the coming years as agricultural activities expand to meet rising food consumption. Pesticides are also used in non-agricultural settings, including as on animals, in homes and businesses, in the food industry, and in public health emergencies. The rise of the market is anticipated to be driven by the rising need for pesticides in the least invasive and risky formats. The government has taken several measures to lessen the impact of pesticides on people and ecosystems. Pesticides are a class of chemicals that can be harmful to humans and wildlife and lead to a host of other issues. Therefore, numerous governments have implemented a wide range of restrictions on its use, distribution, and stockpiling.
Analysis of the Market for Microencapsulated Pesticides
About 55% of the industry's income in 2022 came from sales of insecticides. The rising use of insecticides to prevent damage to crops is largely responsible for this growing share. Insecticides are widely seen as the best option for farmers who want to defend their crops from pests. The expansion of agricultural endeavors and the widespread availability of low-cost pesticides should drive demand upward over the next few years. Microencapsulated herbicides are another type of pesticide that is predicted to see rapid growth in the coming years. The rise correlates with the rising application of herbicides as pesticides and for the management of undesirable plant life. Weeds can be eliminated and crops protected with the help of herbicides. A boost in the number of uses for herbicides in farming, forestry, and gardening is expected to drive up demand over the next years. The use of fungicides is commonplace in agriculture and gardening because of the damage that fungi may do to crops and plants. Crop damage from fungi is extremely detrimental to agriculture, resulting in decreased yields and worse quality products. In order to lessen the damage caused by fungi, fungicides are frequently utilized in agricultural contexts. Fungicide demand is expected to rise in the next years as a result of the rising importance of fungal protection for crops.
Market Analysis of Microencapsulated Pesticides for Different Settings
In 2022, the agricultural sector was responsible for over 65% of the market's total revenue. The rising demand for food around the world is mostly responsible for its enormous portion. Humans' primary requirement has always been sustenance. The global population's food consumption has risen in recent years. The rising need for food has spurred an uptick in agricultural output all around the globe. To prevent damage from pests like insects, fungi, and even other plants, farmers frequently employ microencapsulated pesticides. In the coming years, consumers are forecast to consume more food than ever before. Microencapsulated pesticides have uses outside of agriculture, such as in livestock, homes and businesses, and the food industry.
Factors Influencing Sales of Microencapsulated Pesticides
Maximized Efficiency
The effectiveness of pesticides can be enhanced by using microencapsulation technology, which allows for the gradual release of the active chemicals. The pesticide is preserved from environmental degradation, its residual action is prolonged, and it is delivered specifically to the pests or places of interest thanks to the encapsulation.
Complexity of Formulation
It takes competence in formulation chemistry to develop microencapsulated insecticides. There are a wide variety of materials and methods that can go into the encapsulating process. For smaller pesticide manufacturers or in regions with few technical resources, the intricacy of microencapsulation technology may prevent its widespread adoption.
Limitations of the Microencapsulated Pesticide Market
Few things are compatible
Not all pesticides or active chemicals are good candidates for microencapsulation. Due to their chemical qualities or interactions with the encapsulating materials, some pesticides may not be amenable to encapsulation. Due of this restriction, only a subset of pesticides is suitable for microencapsulation.
Report Coverage
Global Microencapsulated Pesticide research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Microencapsulated Pesticide report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Microencapsulated Pesticide competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Microencapsulated Pesticide market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Syngenta, Bayer CropScience, BASF SE, FMC Corporation, Corteva Agriscience, ADAMA Agricultural Solutions, Nufarm Limited, Sumitomo Chemical Co., Ltd., Arysta LifeScience Corporation, UPL Limited, Valent BioSciences Corporation, Marrone Bio Innovations, Isagro S.p.A., Certis USA LLC, Dow AgroSciences LLC, Mitsui Chemicals Agro, Inc., ADAMA Ltd., Sipcam-Oxon Group, Belchim Crop Protection, WinField United |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Microencapsulated Pesticide Market from 2021 to 2030.
- Market Forecast for Microencapsulated Pesticide Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Microencapsulated Pesticide competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Microencapsulated Pesticide
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Microencapsulated Pesticide market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Microencapsulated Pesticide market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Syngenta, Bayer CropScience, BASF SE, FMC Corporation, Corteva Agriscience, ADAMA Agricultural Solutions, Nufarm Limited, Sumitomo Chemical Co., Ltd., Arysta LifeScience Corporation, UPL Limited, Valent BioSciences Corporation, Marrone Bio Innovations, Isagro S.p.A., Certis USA LLC, Dow AgroSciences LLC, Mitsui Chemicals Agro, Inc., ADAMA Ltd., Sipcam-Oxon Group, Belchim Crop Protection, WinField United
Primary Target Market
- Market Players of Microencapsulated Pesticide
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Microencapsulated Pesticide market based on the below-mentioned segments:
Global Microencapsulated Pesticide Market, By Type
Insecticides
Herbicides
Rodenticides
Fungicides
Others
Global Microencapsulated Pesticide market, By Application
Agricultural
Non-agricultural
Global Microencapsulated Pesticide market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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