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New Revenue Pocket : Global Acaricides Market
The global market for acaricides is continuously growing. Companies in this industry are adopting new product launches as their favoured growth strategy. Agriculture is considered the main application type, where the usage of acaricides is the largest, while animal husbandry is estimated to be second. Acaricides that contain phosphorus (organophosphorus) and those made from natural products (like neem, cloves, herbs, and spoiled corns) are gaining popularity. Companies such as DuPont (U.S.), Arysta LifeScience (Japan), and BASF SE (Germany) have adopted new product launches and agreements as strategies to enhance their penetration in the acaricides market.
With more and more importance being given to the elimination of tick and mite-borne diseases and the increasing usage of bioactive products, the application of acaricides in various applications is becoming a largely adopted practice. However, rigid government regulations and the rising cost of acaricides and its related chemicals is becoming a hindrance in the development of this industry.
Acaricides Market by Type (Organochlorine, Organophosphorus, Natural Sources, and Others), by Application (Agriculture, Animal Husbandry, Industrial, and Others), by Mode of Action (Spray, Dipping Vat, Hand Dressing and Others) & Geography - Trends & Forecasts to 2019
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