Bifenazate shows faster degradation in soil coupled with rapid knockdown of mites. Moreover, bifenazate exhibits long residual control thus gets less accumulated in surface waters compared to other pesticides. Less of amount of bifenazate is required annually, thus keeping the product yield unaffected. These factors make bifenazate a compatible and safe acracide. Bifenazate Floramite has an impact on wide range of mites. It is used to treat ornamental crops and tomatoes cultured in greenhouses, shadehouses, and nurseries. Bifenazate Acramite is another important type, which is suitable for both fruit bearing and non-fruit bearing plants. Acramite is used on grapes, strawberries, edible gourd, dates and figs. Both, Floramite and Acramite are an ideal match for IPM program as well as resistance management strategy..
With reference to the global demand, the developing countries, especially in Asia Pacific and Latin America region are estimated to show potential markets by 2020. A change in pesticide consumption practices and better crop yields have been observed lately in India, China and Brazil, owing to increased consumer awareness and cost effective approach. But, as of now, the overall growth is slower, since these regions are dependent on North America and Europe exporting markets. Europe has shown a stagnant growth in the pesticide sector because of heavy regulations and prohibitions on the pesticide usage.
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A little growth in importing markets, but an almost flat demand in terms of export is indicated over the coming years. Currently, the U. S. has flourished bifenazate import markets. It is slated to become the largest bifenazate Floramite exporter by 2020. The Middle East region will possibly grow at the slowest pace as compared to Asia Pacifc region.
Some of the key players include Chemtura Corporation, The Dow Chemical Company, Olympic Horticultural Products, Inc., Certis USA L. L. C. and BASF Corporation.