- The key vendors in the Global Insecticides Market 2015-2019 are BASF SE, Bayer CropScience Ltd., Cheminova A/S, Dow Chemical Co., E. I. duPont De Nemours and Co. and Syngenta AG
London, 10 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Insecticides Market 2015-2019. One key trend emerging in this market is the adoption of modern farming methods and technologies. Farmers are using a variety of insecticides that are specially formulated to kill harmful insects without affecting other organisms. Insecticide-treated nets are also being used to keep these harmful insects at bay. The Global Insecticides market is expected to grow at a steady pace, posting a CAGR of 5.15 percent during the period 2014-2019.
“Vendors are emphasizing on R&D to develop modern insecticides that are eco-friendly and do not harm other organisms and useful insects,” says Faisal Ghaus, Vice President of TechNavio Research.
“Insecticide manufacturers are researching on producing bio-based insecticides, which are non-toxic and will help replace chemical insecticides.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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