Thiamethoxam Market to Incur Rapid Extension During 2015 to 2021 23rd June | Page 2

thiamethoxam over the forecast period. However, increasing regulations from authorities such as EPA (Environment Protection Agency) to ban the use of pesticides in order to decrease the impact on the environment and rising consumer awareness from the use of pesticides, due to residues is anticipated to slow down the growth for thiamethoxam in the next five years. Restriction of thiamethoxam in Europe due to hazardous effect of the chemical on bees is also expected to hamper the growth of the market. The European Food Safety Authority in January 2013 mentioned that neonicotinoids pose high risk to bees. Again, in April 2013, the European Union voted for the ban of neonicotinoid insecticides for two years. The ban will restrict the use of thiamethoxam, clothianidin, and imidacloprid for use on crops that are attractive to bees. Focus on research and development activities towards developing innovative products as well as focus on market expansion in emerging region such as Latin America and Asia Pacific is expected to provide new opportunities for the growth of the market. Agro-care Chemical, Bayer AG, Bonide Products Incorporated, Central Garden & Pet Company, Syngenta AG, Sigma Aldrich Corporation, and Sumitomo Chemical Company Limited are some of the key players present in the thiamethoxam industry. To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/4359 Key geographies evaluated in this report are: North America U.S Canada Europe France, Germany, Italy, Spain, and the UK Eastern Europe CIS APAC China India Japan Australia Others Latin America Argentina Brazil