Global Ethoprophos Market By Ingredient (Parathion, Malathion, Chloropyriphos, Diazinon, Dimethoate, Glyphosate, Methamidophos and Others), Application (Fruits and Vegetables, Cereals and Grains, Pulses and Oilseeds, Commercial Crops and Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Ethoprophos Market
Data Bridge Market Research analyses that the ethoprophos market will project a compound annual growth rate (CAGR) of 7.70% during the forecast period of 2021-2028. Growing demand to control various crop related diseases, rising demand for new and mechanized techniques for farming or agriculture especially in the developing countries, and increasing industry competitiveness are the major factors attributable to the growth of ethoprophos market. This means that the ethoprophos market value, which was USD 0.29 billion in 2020 will climb up to USD 0.52 billion by the year 2028.
Also known as ethoprop, ethoprophos is an organophosphate ester that is yellow to colourless liquid. Having a chemical formula of C₈H₁₉O₂PS₂, ethoprophos has a characteristic mercaptan-like odour. Ethoprophos have acetylcholinesterase inhibitors, and thus are used as insecticides and nematicides. Ethoprophos is an organic thiophosphate insecticide that can be used as an agrochemicals or an antinematodal drug.
Growing prevalence of bacteria related infections and other crop related diseases coupled with increased focus on the research and development proficiencies in regards to fertilizers, insecticides, pesticides, fungicides and other agrochemicals will emerge as the major factors fostering the growth of the ethoprophos market. Also, growing implementation of innovative pest management tools and techniques especially in the developing economies coupled with increasing personal disposable income is another important factor fostering the growth of the ethoprophos market. Growth in the demand for fruit and vegetable food items, cereals and grains and pulses and oil seeds owing to ever-rising population, surge in the incidences of crop losses, and rising globalization will further create lucrative and remunerative growth opportunities for the ethoprophos market. Growth and expansion of agrochemicals industry especially in the developing economies, growing support by the government to the agricultural sector, surge in the application of integrated pest management and growing awareness about food safety protocols and regulations will also carve the way for the growth of the ethoprophos market.
However, rising concerns in regards to the health risks is a major factor that will pose a major challenge to the growth of the ethoprophos market. Also, stringent regulations imposed by the government on the use or application of a wide range of agrochemicals and ban imposed on various organophosphates will further slowdown the ethoprophos market growth rate.
This ethoprophos market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on ethoprophos market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Ethoprophos Market Scope and Market Size
The global ethoprophos market is segmented on the basis of ingredient and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of ingredient, the ethoprophos market is segmented into parathion, malathion, chloropyriphos, diazinon, dimethoate, glyphosate, methamidophos and others.
- Based on the application, the ethoprophos market is segmented into fruits and vegetables, cereals and grains, pulses and oilseeds, commercial crops and others.
Ethoprophos Market Country Level Analysis
The global ethoprophos market is analyses and market size, volume information is provided by country by ingredient and application as referenced above.
The countries covered in the ethoprophos market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific region dominates the ethoprophos market and will continue to flourish its dominance during the forecast period owing to the rising land under agricultural domain especially in the developing economies like India, Vietnam, Thailand and China. Growing crop losses due to insects, increasing personal disposable income, increase in food security concerns, growing focus on the improvement in crop productivity, increasing concerns of insect transferrable diseases, surge in the expenditure for research and development proficiencies in regards to the agricultural practices and growth and expansion of agricultural sector are some other important factors fostering the growth of this region.
The country section of the ethoprophos market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ethoprophos Market Share Analysis
The ethoprophos market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ethoprophos market.
The major players covered in the ethoprophos market report are Cheminova A/S, SinoHarvest, Sumitomo Chemical Co., Ltd., Arysta LifeScience Corporation, ADAMA India Private Limited, FMC Corporation, CNH Industrial N.V., BASF SE, DuPont., Dow, AMVAC Chemical Corporation, UPL, Marrone Bio Innovations, Nissan Chemical Corporation, Bayer AG, ChemChina, Corteva., Nufarm Global, Syngenta Crop Protection AG and Valent BioSciences LLC among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Ethoprophos Market
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