Market Overview
The global market for Acaricides estimated at USD 299.5 Million in the year 2022, is projected to reach a revised size of USD 407.9 Million by 2033, growing at a CAGR of 5.1% over the analysis period.
Global Acaricides Market: Description
The global acaricides market refers to the market for pesticides or chemical agents specifically designed to control or eliminate mites and ticks, collectively known as acarids. Acarids are small arachnids that can cause significant damage to crops, livestock, and humans. They are known to spread diseases, damage plants, and cause skin irritations and allergic reactions in humans and animals. Acaricides are used in various industries, including agriculture, animal health, and public health. In agriculture, acaricides are used to protect crops from mite and tick infestations, which can reduce yield and quality. They are applied through sprays, dusts, or granules to control acarids and prevent crop damage.
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Global Acaricides Market: Key Trends
- Growing Demand for Integrated Pest Management (IPM):
There is an increasing emphasis on integrated pest management practices, which combine multiple control methods, including acaricides, to manage acarid populations. IPM focuses on reducing chemical inputs, promoting biological control, and implementing cultural and mechanical measures to minimize the reliance on acaricides and mitigate the development of resistance.
- Rising Adoption of Environmentally Friendly Acaricides:
There is a growing demand for environmentally friendly and sustainable acaricide solutions. Consumers and regulatory bodies are increasingly concerned about the potential impacts of chemical pesticides on human health and the environment. This has led to the development and adoption of bio-based and organic acaricides derived from natural substances, such as botanical extracts, microbial agents, and pheromones.
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Global Acaricides Market: Segmental Analysis
The major chemical types of acaricides are:
- Organophosphates
- Carbamates
- Organochlorines
- Pyrethrins
- Pyrethroids
- Others
On the basis of its mode of action:
- Spray
- Dipping
- Hand Dressing
- Others
Based on the applications:
- Agriculture
- Animal Husbandry
- Industrial
- Others
Global Acaricides Market: Key Companies
- Platform Specialty Products
- BASF SE
- Bayer AG
- Chemtura Corporation
- FMC Corporation
- Merck & Co., Inc.
- Nissan Chemical Industries, Ltd.
- Syngenta AG
- The Dow Chemical Company
- Chemtura Corporation
- Indofil Industrie Limited
- Sumitomo Chemicals
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