Global Miticides Market to reach USD 1.70 billion by 2025.
Global Miticides Market valued approximately USD 1.0 billion in 2016 is anticipated to grow with a healthy growth rate of more than 6.0% over the forecast period 2017-2025.
Miticides are crop protection chemicals that specifically target plant mites. They constitute an important group of crop protection chemicals used to protect plants from harmful mites and insects such as spiders and ticks. Miticides often vary on the basis of the mites they target and the promptness of their killing rate and are effective against eggs and larval stages as well as adult mites and On the basis of source, the chemical segment dominated the miticides market in 2017. The use of synthetic chemical miticides for plant and crop protection is constantly growing. Many specific miticides have been introduced, which are less toxic to predaceous mites than phytophagous mites are and help in controlling the population of phytophagous mites.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Crop type:
o Fruits & vegetables
o Cereals & grains
o Oilseeds & pulses
By Mode of application:
o Foliar spray
o Soil treatment
o North America
o Asia Pacific
o Latin America
o Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market BASF, Bayer AG, Syngenta, Gowan company LLC., DowduPont, ADAMA, FMC Corporation, Nufarm limited, Certis, OHP Inc. Valent biosciences. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Miticides Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
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