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Insecticides Market : Market Leader
The global insecticides market is dominated by North America and the Asia-Pacific, which together contributed around 58.8% to the global market in 2013. The U.S. led the market in North America with a 70.0% share. China and India are the biggest users of insecticides in the Asia-Pacific region. The tropical climate in the region is conducive to the growth of insects.
Insecticides are categorized on the basis of the active ingredients used in them. Organophosphorus compounds dominated the insecticides market globally, accounting for more than 25% of the market in 2013. Other insecticides have been used extensively and hold a substantial share in the market as well. North America is the largest consumer of organophosphorus compounds, followed by the Asia-Pacific region.
The global market for insecticides is dominated by a few large multinational corporations, which include Syngenta (Switzerland), BASF SE (Germany), DuPont (U.S.) and Dow AgroSciences (U.S.). These participants together accounted for the major share in the insecticides market in 2013. They are expanding their presence worldwide and are focusing on the development of newer and more environment-friendly insecticides.
Insecticides Market by Type [Organophosphorus Compounds, Pyrethroids, Neonicotinoidsn Methyl Carbamate, and Others (Macrocyclic Lactones, Phenylpyrazoles, and Benzoylureas)], by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), & Geography - Global Trends and Forecasts to 2019
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