Market Overview
Market Data Forecast published a report named as Organophosphate Pesticides Market. The global organophosphate pesticides market worth was USD 8.06 Billion in 2018, and it was expected to reach at a CAGR of 5.5% during the forecast period (2019-2024).
Recent Developments
EPA (the United States Environmental Protection Agency) enforces and develops rules for the human environment and health protection. The agency sets and researches standards for environmental delegates and programs.
On February 2018, EPA fined agribusiness corporation Syngenta for defilements of pesticide regulations. Syngenta is line up to pay USD 150,000 for wrongly using organophosphate pesticide chlorpyrifos at a seed cornfield at Hawaii in the 2016 and 2017.
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Report segmented as:
By Product:
• Organophosphate Insecticides
• Organophosphate Herbicides
• Organophosphate Fungicides
Crop type:
• Grains and Cereals
• Turf and Ornamental Plants
• Pulses and Oilseeds
• Fruits and Vegetables
The aspects anticipated to increase the Organophosphate pesticides market includes a rise in the demand for crop protection for improved yields, rise in global population coupled with the surge in popularity for food, and rise in the use of organophosphate pesticides due to increase in the prevalence of crop infections.
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Geographical Segmentation:
Based on geography, the market is analyzed under various countries, namely as North America, Europe, Asia-Pacific Middle, and Africa. Asia-Pacific has led the Organophosphate Pesticides Market.
Key market players:
• Cheminova AS
• DuPont
• Bayer CropScience AG
• Syngenta
• Dow AgroSciences
• BASF SE
• Sinoharvest Corporation
• Nufarm
• United Phosphorus Limited
• Monsanto
• Arysta Lifescience
• Sumitomo Chemical
• ADAMA
• FMC Agricultural Solutions
The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.
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