Global Organic Pesticide Market To Grow At A CAGR of 17.2% During 2018-2022

Date: 2018-03-27

Organic Pesticide (PBO) is an organic compound used as a component of pesticide formulations. It is a waxy white solid. It is a synergist. That is, despite having no pesticidal activity of its own, it enhances the potency of certain pesticides such as carbamates, pyrethrins, pyrethroids, and rotenone. It is a semisynthetic derivative of safrole.

A significant rise in yield is possible through the usage of crop protection chemicals such as Pesticide. This has resulted in the high demand for Organic Pesticide.

The rise concerns toward the adverse impact of synthetic pesticides make regulators phase out toxic chemical pesticides gradually; also rapid demand for food makes and increase concerns for the food security are expected to drive the Organic Pesticide market, according to research, the global Organic Pesticide market is expected to grow at a CAGR of 17.2%.

Geographically, the Asia Pacific is expected to be the world largest market for the Organic Pesticide for the forecast period, due to high rate of adoption of organic pesticides in this region. Asia-Pacific is expected to grow at the highest CAGR in the near future. And its production market is relatively consolidated, the top three manufacturers ENDURA P.IVA, Wujiang Shuguang Chemical Co., Ltd., and Sumitomo Chemical Co. Ltd., which accounted for near 44.0% share in the market in 2017. India and China present the most lucrative investment options for players in the PBO market and companies have been focusing their resources in expanding business operations and production capacities in these two countries.

The global top players include Mark Organics, Bayer Cropscience, Sikko Industries Ltd., Parry America, Monsanto, Arysta LifeScience, Andermatt Biocontrol AG, DuPont, Dow AgroSciences, and Certis USA LLC, ENDURA P.IVA, Sumitomo Chemical Co., Ltd., Wujiang Shuguang Chemical Co., Ltd., Tokyo Chemical Industry Co., Ltd., Alfa Aesar, Capot Chemical Co., Ltd., Hem Corporation, Shanghai Skyblue Chemical Co., Ltd., and Zhejiang Rayfull Chemicals Co., Ltd.

Global Organic Pesticide market share by region as following:

Read Full Report: http://www.gosreports.com/global-organic-pesticide-market-research-report-2018/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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