Pesticide Intermediates Market 2024

Posted by Prashanth on October 15th, 2019

Recent developments:

Pesticide intermediates are used to manufacture agriculture and other industrial products. These are used in the synthesis of the active ingredient or in the production of pesticide products. They are raw materials used for the manufacture of technical grade of active ingredient by chemical reactions or purification

Acidic all-rounder, manufactured by BASF, consists primarily of formic acid. Formic acid has long proved valuable in many applications and is the stuff innovations are made of. There's hardly any limit to the use of formic acid: Beekeepers and farmers appreciate it just as much as airport operators do and mobile phone manufacturers soon will. Keeping high-quality stocks of this acid close to its customers and actively promoting innovations.

These are the vital substances used for the production of active ingredient used in the formulation of pesticide. Thus, extensive demand for agricultural products drives the global pesticide intermediate market. Further, increase in global population and food demand boosts the market growth.

Market segmentation:

By Type:

  • Chemical Pesticide
  • BioPesticide

By Application:

  • Insecticide
  • Bactericide
  • Weeding
  • Others

Environmental Protection Agency (EPA) requires information regarding any environmental or toxic qualities of pesticide that may be harmful and these pesticides are thoroughly tested for effectiveness. These intermediate substances are also subject to regulation under the toxic substances control act (TSCA).

Geographical segmentation:

  • North America:
    • U.S.
    • Canada
    • Mexico
  • Europe:
    • Russia
    • UK
    • Denmark
    • Italy
    • Norway
    • Rest of Europe
  • Asia-Pacific:
    • China
    • India
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia-Pacific
  • LAMEA:
    • Brazil
    • Nigeria

Europe is likewise expected to hold a rewarding offer amid the figure time frame because of a thriving medicinal gadget industry in U.K., France, and Germany, notwithstanding rising roads for market members in this district.

Key market players:

  • Syngenta AG
  • Bayer, BASF SE
  • Dow AgroSciences
  • Monsanto Company
  • I. du Pont de Nemours and Company
  • ADAMA Agricultural Solutions Ltd.

Nufarm Ltd.

FMC Corporation

Lanxess

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Prashanth

About the Author

Prashanth
Joined: October 11th, 2019
Articles Posted: 205

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