Global Organophosphates Market, By Type (Herbicide, Fungicide, Insecticide and Others), Ingredient (Parathion, Malathion, Chloropyriphos, Diazinon, Dimethoate, Glyphosate, Methamidophos and Others), Application (Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, 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, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Organophosphates Market
The organophosphates market is expected to witness market growth at a rate of approximately 4.20% in the forecast period of 2021 to 2028 and is expected to reach USD 2.10 billion by 2028. Data Bridge Market Research report on organophosphates market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growing need to increase crop yield and efficiency to cater to the growing food demand is escalating the growth of organophosphates market.
Organophosphates (OP) refer to chemical substances which are produced by the process of esterification among phosphoric acid and alcohol. These chemical substances have the capability of undergoing hydrolysis with the liberation of alcohol from the esteric bond. These are known to be the prominent components of herbicides, pesticides and insecticides. These are the main components of nerve gas. Varying levels of toxicity in humans, animals, plants and insects could be seen with the acute or chronic exposure to ops. They are also used in the production of plastics and solvents.
The rise in the implementation of innovative pest management and the increasing population, accelerating the food demand worldwide acts as the major factors driving the organophosphates market. The low cost with efficient outputs, the rising utilization of integrated pest management and rise in the global food demand accelerate the organophosphates market growth. The high usage of organophosphates as they are known to be highly effective insect control agents, high cost associated with the alternative pesticides and insecticides and reliance on these products among growers further influence the organophosphates market. Additionally, growth of agricultural sector, large crop loss due to pest attacks and demand for high quality food positively affect the organophosphates market. Furthermore, high demand from emerging economies extends profitable opportunities to the organophosphates market players in the forecast period of 2021 to 2028.
On the other hand, banning of many organophosphate molecules from various countries and availability of other safer alternatives are the factors expected to obstruct the organophosphates market growth. The rise in concerns regarding the pesticide risk in consumers with their exposure is projected to challenge the organophosphates market in the forecast period of 2021-2028.
This organophosphates market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 organophosphates market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Organophosphates Market Scope and Market Size
The organophosphates market is segmented on the basis of type, ingredient and application. The growth among segments helps you analyze 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 type, the organophosphates market is segmented into herbicide, fungicide, insecticide and others.
- On the basis of ingredient, the organophosphates market is segmented into parathion, malathion, chloropyriphos, diazinon, dimethoate, glyphosate, methamidophos and others.
- On the basis of application, the organophosphates market is segmented into grains and cereals, pulses and oilseeds, commercial crops, fruits and vegetables and others.
Global Organophosphates Market Country Level Analysis
The organophosphates market is analyzed and market size, volume information is provided by country, type, ingredient and application as referenced above.
The countries covered in the global organophosphates market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, 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, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the organophosphates market because of the high consumption in countries such as China, India, Vietnam and Thailand, growth in population, rising disposable incomes and increase in food security concerns in the region.
The country section of the organophosphates 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 Organophosphates Market Share Analysis
The organophosphates 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 organophosphates market.
The major players covered in the organophosphates market report are McLaughlin Gormley King Company, Bayer AG, Syngenta AG, Monsanto Company, BASF SE, Dow, DuPont, Valent BioSciences LLC, ISAGRO S.p.A., Russell IPM Ltd, Gowan Company, Suterra, Agralan Ltd, Rentokil Initial plc, Koppert B.V., Marrone Bio Innovations, Nufarm, SinoHarvest, UPL, Arysta LifeScience Corporation 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.
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