The global pesticide inert ingredient market is projected to grow at a CAGR of 5%-7% during 2020-2025. The growth of pesticide inert ingredient market is driven by increasing need to ensure food security and cater to the requirements for pesticides in the agricultural industry.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the pesticide inert ingredient market by type (emulsifiers, solvents, and carriers), source (synthetic and bio-based), pesticide type (herbicides, insecticides, fungicides, and rodenticides), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the pesticide inert ingredient market?
Q.4 What are some changing demands of customers in the pesticide inert ingredient market?
Q.5 What are the new developments in the pesticide inert ingredient market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this pesticide inert ingredient area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this pesticide inert ingredient market?
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Market Segmentation:
Based on type, the pesticide inert ingredient market is segmented into emulsifiers, solvents, and carriers. The emulsifiers segment is accounted for the largest share of the market in 2020 due to industrialization is increasing and land area for agriculture is decreasing, which in turn, creates demand for the use of pesticides for ensuring food security and production.
Asia Pacific is expected to be the largest region and it is also expected to witness the highest growth over the forecast period, as pesticide inert ingredients are increasingly consumed by pesticide manufacturers at production facilities during the formulation stage and countries, such as India, Thailand, and Vietnam, depend on imports for pesticides.
Key Players in the pesticide inert ingredient market are BASF, Clariant, DowDuPont, Stepan Company, and Croda International.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
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