July 9, 2024

Global Microencapsulated Pesticides Market: An Escalating Sector with Projected Growth to Reach USD 1.58 billion By 2028 | 3.5%CAGR

Microencapsulated Pesticides Market

Global Microencapsulated Pesticides Market was valued at USD 378.5 billion in 2021 and is expected to reach USD 747.03 billion by the year 2028, at a CAGR of 10.2%. The Analysis Period 2023-2030.

Microencapsulated pesticides are insecticides in which the active component of the pesticide (whether dry or liquid) is protected by a protective covering (polymer). Plastic, starch, or other materials may be used as coatings. Like any other sprayable pesticide formulation, microencapsulated pesticides are combined with water and administered as a spray. After spraying, the microencapsulated pesticide’s plastic covering breaks down, releasing the active substance contained within the capsule. The encapsulation technique can give a “timed” gradual release of the active substance in some cases. The release of the pesticide’s active ingredient may be influenced by the weather in the surroundings, depending on the physical makeup of the coating. Residues may persist on treated plants or surfaces for longer than expected if the release is slower than typical (due to factors such as dry or chilly weather).

Top Key Players Covered in The Microencapsulated Pesticides Market

Syngenta AG, Bayer AG, BASF SE, Monsanto Company, FMC Corporation, ADAMA Agricultural Solutions Ltd., Arysta LifeScience Corporation, Belchim Crop Protection NV/SA, Mclaughlin Gormley King Company, Reed Pacific Pty Limited, BotanoCap, GAT Microencapsulation and other major players.

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For the Purpose Of This Report, Reports And Data Has Segmented The Global Microencapsulated Pesticides Market On The Basis Of Type, By Source, By Product, And Region:

By Type         

Insecticides, Fungicides, Herbicides, Others

By Technology          

Physical, Physico-Chemical, Chemical

By Application          

Agricultural, Non-agricultural

By Mode of Application       

Foliar Spray, Fertigation, Others

 By Region

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Covid-19 Impact Analysis On Microencapsulated Pesticides Market

Covid-19 worldwide pandemic influenced different economic limitations and regulations; the agriculture sector’s demand plummeted during this period. Many pesticides units were forced to halt production as a result of these severe lockdown measures, limiting the expansion of the microencapsulated pesticides market in 2020. Furthermore, to battle the COVID-19 pandemic, lockdown and quarantine procedures have curtailed the manufacture and supply of PPPs, hurting crop protection efforts throughout the world. Evidence suggests that demand for PPPs has increased as a result of individuals and organizations ordering more supply than they typically would.

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Microencapsulated Pesticides Market

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