The Global Organophosphates Market is estimated to exhibit a CAGR of 4.20% during the forecast period of 2021-2028. The growing need to increase crop yield and efficiency to cater to the increasing demand of food is escalating the growth of organophosphates market. 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.
Global Organophosphates Market Scenario
According to Data Bridge Market Research, the organophosphates market will exhibit a significant rise in its market value. 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 accelerates the organophosphates market growth. The high usage of organophosphates as they are known to be highly effective insect control agents, the high cost associated with the alternative pesticides and insecticides, and reliance on these products among growers further influence the organophosphates market.
Currently, Asia-Pacific dominates the global organophosphates market in terms of market share and market revenue owing to 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.
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Scope of the Organophosphates Market
The global organophosphates market is segmented on the basis of countries into 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 the Middle East and Africa (MEA).
- The global organophosphates market is further segmented on the basis of product type into herbicide, fungicide, insecticide, and others. Based on ingredients, 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.
- Organophosphates (O.P.) 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 esterbond. These are known to be the prominent components of herbicides, pesticides, and insecticides.
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Key Pointers Covered in the Organophosphates Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Regulatory Framework and Changes
- Prices and Reimbursement Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
Key Market Competitors Covered in the Organophosphates Market report
- 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
Above are the key players covered in the report, to know about more and exhaustive list of organophosphates market companies contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-organophosphates-market
Research Methodology: Global Organophosphates Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your enquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning grids, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional, and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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