Insecticides are commonly used in agricultural, public health, and industrial applications, as well as
household and commercial uses. The most commonly used insecticides are the organophosphates,
pyrethroids and carbamates. Insecticides are applied in various formulations and delivery systems
such as sprays, baits, etc., which influence their transport and chemical transformation.
The key factor that propels the growth of the Insecticide Market include ever increasing population
which ultimately increases the demand for food. In addition, there is a considerable demand in the
tropical climatic regions. On the other hand, there are also factors that may hamper the growth of
the market such as excess use of chemicals. In addition, high investment involved for new players
may also restraint the market growth.
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The Insecticide Market is classified on the basis of product type, crop type and geography. Among the
product type, organophosphate segment account a large share of the Insecticide Market in 2015.
Insecticide Market is classified on the basis of crop type as cereals and grains, oilseeds & pulses, fruits
& vegetables and others. Among the crop type, cereals and grains segment held a significant share of
the Insecticide Market in 2015. Insecticide Market is classified on the basis of geography as North
America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and
Africa.
The North American region consists of the U.S., and Canada. Latin America region consists of Mexico
and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The
Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India,
ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and
North Africa.
In case of geographical region, Asia Pacific held a dominant share of the Insecticide Industryin 2015.
As Asia Pacific is a tropical region it provides favourable climatic conditions for the growth of insects.
Therefore, insecticides are used on a large scale in this region to control. The Asia Pacific market is
followed North America and Europe.