Nematicides Market - Global Forecast to 2022 Miticides Market | Page 5

Asia Pacific dominated the miticides market in 2017.
In 2017, the Asia Pacific region dominated the global market for miticides. Rising population
and increasing food demand are the major driving factors for the growth of the global
miticides market. Miticides have several benefits such as reducing losses, enhancing yield,
reducing labor costs, and ease of application. As a result, many multinational players have
entered into the production and development of innovative miticides products.
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The increase in agricultural practices and requirement of high-quality fruit & vegetable
produce are expected to drive the growth of the miticides market in Asia Pacific.
Syngenta (China), Gowan (US), BASF (Germany), and Bayer (Germany) are some of the
leading players in the global miticides market. These companies adopted strategies such as
agreements, expansions, mergers & acquisitions, new product launches and partnerships,
investments, and collaborations to strengthen their position in the market.