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Insect Growth Regulators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Insect Growth Regulators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • November 2021
  • 144 pages
  • ID: 6185717
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global insect growth regulators market exhibited moderate growth during 2015-2020.

Looking forward, the analyst expects the market to grow at a CAGR of 6.7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.

Insect growth regulators (IGRs) are compounds that interfere with the growth, development, and metamorphosis of insects. They include synthetic analogs of insect hormones, such as ecdysoids and juvenoids, and non-hormonal compounds like precocenes (Anti JH) and chitin synthesis inhibitors. They mimic the hormones present inside the body of the insect and prevent reproduction, egg-hatching and molting among different insects, including fleas, cockroaches, and mosquitoes. As IGRs are economical, bio-degradable, non-persistent, non-polluting, and non-toxic to humans, animals and plants, their demand is escalating around the world.

Insect Growth Regulators Market Trends:
With the growing population, reducing arable land and the surging demand for food, farmers are increasing the utilization of pesticides to improve the crop yield. This has resulted in the contamination of soil and groundwater. Additionally, the resistance developed by pests against the repetitive utilization of synthetic pesticides, along with the growing awareness about the negative impact of pesticides on arable land and human health, is positively influencing sales of IGRs across the globe. Moreover, there is a rise in the adoption of environment-friendly crop production products, which is boosting the sales of IGRs as they are highly convenient for being utilized on crops, such as cotton, wheat, tomatoes, and corn. Besides this, due to their high efficiency, there is a considerable increase in the application of IGRs across agriculture, residential and commercial sectors. This, in confluence with the growing adoption of organic farming methods worldwide, is also contributing to the growth of the market. Other factors, such as rising environmental concerns, coupled with increasing awareness about professional pest control services, are anticipated to propel the growth of the market.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global insect growth regulators market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, form and application.

Breakup by Product:
Chitin Synthesis Inhibitors
Juvenile Hormone Analogs and Mimics
Ecdysone Antagonists
Ecdysone Agonists

Breakup by Form:
Aerosol
Liquid
Bait

Breakup by Application:
Agriculture
Residential
Commercial

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Central Life Science (Central Garden & Pet Company), Control Solutions Inc (China National Chemical Corporation), Dow Inc, Nufarm Limited, OHP Inc. (AMVAC Chemical Corporation), Russell IPM Ltd, Sumitomo Chemical Co. Ltd. and Syngenta AG. Key Questions Answered in This Report:
How has the global insect growth regulators market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global insect growth regulators market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the form?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global insect growth regulators market and who are the key players?
What is the degree of competition in the industry?

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