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Global Microencapsulated Pesticides Market - 2023-2030

Publisher DataM Intelligence 4Market Research LLP
Published Jul 07, 2023
Length 200 Pages
SKU # DTAM18043677

Description

Global Microencapsulated Pesticides Market - 2023-2030


The Global Microencapsulated Pesticides Market reached US$ 565.2 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 1,312.4 million by 2030. The market is growing at a CAGR of 11.2% during the forecast period 2023-2030.

Microencapsulated pesticides are a type of controlled-release pesticide in which the active ingredients, such as insecticides, fungicides, or herbicides, are encapsulated within tiny protective shells or capsules. These capsules are typically made of polymers or other materials that act as a barrier, enclosing the active ingredient. The encapsulation technology involves creating these miniature capsules, which can range in size from a few micrometers to a few millimeters. The active ingredient is encapsulated within the capsule, along with various additives like stabilizers, dispersants, and release agents.

There is a growing global emphasis on sustainable agricultural practices that reduce environmental impact and reduce the use of conventional pesticides. Microencapsulated pesticides, with their targeted release mechanism, align with this trend and offer a more environmentally friendly alternative which is driving the microencapsulated pesticides market growth.

Market Dynamics

The Rising Occurrence of Insects and Pests in Crops is Driving the Market Growth of Microencapsulated Pesticides

Insects are a major threat to agricultural crops as they can cause substantial damage, leading to significant economic losses for farmers. The encapsulation process protects the active ingredients, preventing their degradation and improving their stability. This results in better insect control, allowing farmers to effectively combat the rising occurrence of insect pests in their crops.

FAO estimates that annually between 20 to 40 percent of global crop production is lost to pests. Microencapsulated pesticides offer improved pest control efficacy compared to conventional pesticide formulations. The encapsulation process protects the active ingredients, preventing their degradation and enhancing their stability. This leads to better control of pests and insects, addressing the challenges posed by the rising occurrence of pests in crops.

Increasing Awareness of Integrated Pest Management (IPM) is Driving the Market Growth of the Microencapsulated Pesticides market

IPM is a comprehensive approach to pest management that emphasizes the use of multiple strategies to control pests while minimizing the reliance on pesticides. Microencapsulated pesticides provide targeted and selective pest control, allowing for precise application only where pests are present. This targeted approach minimizes the impact on beneficial organisms and reduces the overall pesticide load in the environment, aligning with IPM principles.

IPM aims to minimize the reliance on pesticides and prioritize non-chemical pest control strategies. Microencapsulated pesticides offer controlled release and prolonged efficacy, reducing the need for frequent pesticide applications. Hence, increasing awareness of integrated pest management (IPM) is indeed driving the market growth of microencapsulated pesticides.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it to pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global microencapsulated pesticides market is segmented based on product type, techniques, application, and region.

Improved Efficacy and Reduced Off-target Effects 0f Microencapsulated Insecticides

In terms of product type, the microencapsulated pesticides market is divided into insecticides, herbicides, rodenticides, and others.

In 2022, insecticides held the highest share of the microencapsulated pesticides market. At 2.7 million tonnes (Mt) of active chemicals, the overall amount of pesticides used in agriculture worldwide remained unchanged in 2020. Pesticides were applied to crops across the world at a rate of 1.8 kg/ha. Insecticides are designed to target and control insect pests that can cause damage to crops, and stored products, or pose a threat to public health. The encapsulation technology used in microencapsulated insecticides allows for controlled release and prolonged effectiveness of the active ingredients. Microencapsulated insecticides offer several advantages over conventional formulations, including improved efficacy, reduced off-target effects, enhanced residual activity, and decreased environmental impact.

Geographical Analysis

Large Agricultural Sector in Asia-Pacific Region

In 2022, the Asia-Pacific region had significant growth in the microencapsulated pesticides market. The Asia Pacific region has a large agricultural sector, with countries like China, India, and Southeast Asian nations being major contributors to global agricultural production. For instance, India has the second-largest agricultural land area in the world, and agriculture provides a living for almost 60% of rural Indian households. As a result, there is a significant demand for effective crop protection solutions, including pesticides. Microencapsulated pesticides offer advantages such as slow-release formulation and enhanced efficacy, making them attractive options for farmers.

Competitive Landscape

The major global players in the market include Syngenta, BASF, FMC Corporation, Monsanto, ADAMA Agricultural Solutions Ltd., ECOSAFE Natural Products INC., BotanoCap, Reed Pacific Pty Limited, McLaughlin Gormley King Company, and GAT Microencapsulation.

Why Purchase the Report?
• To visualize global microencapsulated pesticides market segmentation based on product type, techniques, application, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of microencapsulated pesticides market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The Global Microencapsulated Pesticides Market Report Would Provide Approximately 61 Tables, 64 Figures, and 200 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

Table of Contents

200 Pages
1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Product Type
3.2. Snippet by Application
3.3. Snippet by Techniques
3.4. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before Covid-19
6.1.2. Scenario During Covid-19
6.1.3. Scenario Post COVID-19
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Product Type
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
7.1.2. Market Attractiveness Index, By Product Type
7.2. Insecticides*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Herbicides
7.4. Rodenticides
7.5. Others
8. By Techniques
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Techniques
8.1.2. Market Attractiveness Index, By Techniques
8.2. Physical Method*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Physico-chemical Method
8.4. Chemical Method
9. By Application
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
9.1.2. Market Attractiveness Index, By Application
9.2. Agricultural Purposes*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Coatings
9.4. Textiles
9.5. Others
10. By Region
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
10.1.2. Market Attractiveness Index, By Region
10.2. North America
10.2.1. Introduction
10.2.2. Key Region-Specific Dynamics
10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Techniques
10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.2.6.1. The U.S.
10.2.6.2. Canada
10.2.6.3. Mexico
10.3. Europe
10.3.1. Introduction
10.3.2. Key Region-Specific Dynamics
10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Techniques
10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
10.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.3.7.1. Germany
10.3.7.2. The UK
10.3.7.3. France
10.3.7.4. Italy
10.3.7.5. Spain
10.3.7.6. Rest of Europe
10.4. South America
10.4.1. Introduction
10.4.2. Key Region-Specific Dynamics
10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Techniques
10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.4.6.1. Brazil
10.4.6.2. Argentina
10.4.6.3. Rest of South America
10.5. Asia-Pacific
10.5.1. Introduction
10.5.2. Key Region-Specific Dynamics
10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Techniques
10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.5.6.1. China
10.5.6.2. India
10.5.6.3. Japan
10.5.6.4. Australia
10.5.6.5. Rest of Asia-Pacific
10.6. Middle East and Africa
10.6.1. Introduction
10.6.2. Key Region-Specific Dynamics
10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Techniques
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis
12. Company Profiles
12.1. Syngenta*
12.1.1. Company Overview
12.1.2. Product Portfolio and Description
12.1.3. Financial Overview
12.1.4. Key Developments
12.2. BASF
12.3. FMC Corporation
12.4. Monsanto
12.5. ADAMA Agricultural Solutions Ltd.
12.6. ECOSAFE Natural Products INC.
12.7. BotanoCap
12.8. Reed Pacific Pty Limited
12.9. McLaughlin Gormley King Company
12.10. GAT Microencapsulation
LIST NOT EXHAUSTIVE
13. Appendix
13.1. About Us and Services
13.2. Contact Us

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