Insecticides Market 2015 Share, Trend, Segmentation and Forecast Insecticides Market - Global Industry Analysis, Si | Página 2
and pulses in Asia Pacific. Cereals and grains are expected to remain in the third
position in terms of insecticides consumption rates.
China is expected to continue leading the demand for insecticides in Asia Pacific till
2023. In 2023, China is expected to hold a volume-based share of 53.57% within the
Asia Pacific insecticides market.
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Biopesticides Expected to be the Future of Insecticides
Naturally derived chemicals that are used to combat insects and infestations in
fields – commonly known as biopesticides – are showing a high growth in demand. A
lot of biopesticides such as canola oil and baking soda are not only harmless to the
environment, but are also very inexpensive to manufacture. Such insecticides can
effectively be used in small scale farms as well as gardens due to their
harmlessness towards animals and humans.
Biopesticides are fulfilling a major gap in the demand for insecticides that will not
be toxic to the environment around them. This is a growing concern in the use of
conventional insecticides, most of which are moderate to high in toxicity and need
to be handle and disposed with care. The future of insecticides is expected to reside
in the development of effective biopesticides.
The leading manufacturers of insecticides from a global standpoint include DuPont,
Bayer AG, The Dow Chemical Company, Syngenta AG, BASF SE, ADAMA Agriculture
Seolutions Ltd., FMC Corporation, and Sumitomo Chemical Co. Ltd.
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