Molluscicides Market: Global Industry Analysis, Size, Share, Growth, Trend and Forecast 2018-2028
Molluscicides Market: An Overview
Molluscicides are special type of pesticides which are used to kill mollusks, specifically slugs and snails. Of the various end users, demand for these pesticides continues to remain concentrated for agricultural and gardening industries. Molluscicides are sometimes referred as bait as they are also used to entice mollusks. When molluscicides are ingested or touched by the snail or slug, then the chemicals contained in molluscicides alter their water balance, and it inhibits some of their body functions resulting in their demise. Molluscicides’s benefits encourage their demand among the farmers and gardeners.
Farmers are focusing on implementing novel crop management techniques such as high organic build and direct drilling to improve their quality of crop production. However, implementation of these techniques has encouraged the growth of the slugs and snail on the crops and soil, which has significantly hampered crop productivity. To prevent the growth of snails and slugs, farmers are investing in effective pesticides such as molluscicides. These factors are expected to drive the growth of the global molluscicides market over the coming years.
Molluscicides Market: Dynamics
Molluscicides are used to stimulate plant health by killing mollusks present in farms. Molluscicides are used to protect crops such as pulses, grains, cereals, oilseeds, fruit & vegetables and others. This factor is expected to drive the global molluscicides market during the forecast period. Growing application of agrochemicals in various countries such as China, Brazil, India and Argentina due to the rising threat of mollusks and other pests. Mollusks can eat crops and perpetrate maximum damage during the early growth of crops. Also, the introduction of eco-friendly molluscicides products in the market and growing awareness about mollusks control among farmers and gardeners is expected to contribute towards the growth of global molluscicides market. There are two types of molluscicides available in the global molluscicides market - oxidizing and non-oxidizing. Of these molluscicides, non-oxidizing molluscicides continue to remain the most preferred product attributed to its cost-efficient feature. Besides agricultural activities, molluscicides also witness considerable demand in the commercial industry. As mollusks can damage industrial equipment and clog pipes, end users are spending on molluscicides to prevent losses.
However, the imposition of regulatory restrictions and limited usage of molluscicides in various countries due to its adverse effects might hamper the growth of molluscicides market during the next decade. Overall, the outlook for global molluscicides market is expected to be positive.
Molluscicides Market: Segmentation
Globally, the molluscicides market has been segmented on the basis of type, material used, and application:
On the basis of type, the global molluscicides market has been segmented as:
On the basis of material used, the global molluscicides market has been segmented as:
On the basis of application, the global molluscicides market has been segmented as:
On the basis of region, the global molluscicides market is segmented as –
North America is expected to account for the largest share in the global molluscicides market with the growing presence of leading manufacturers in the U.S. Moreover, with the statistics provided by the U.S Department of Agriculture, which states that about 40% of the U.S. is considered to be a farmland. This factor is expected to contribute in the global molluscicides market to a significant extent. Countries of Asia Pacific region such as China and India are among the leading contributor to the global agricultural output, are also affected by mollusks which is expected to drive the growth of global molluscicides market during the forecast period.
Molluscicides Market: Key players
Few of the leading players operating in the global molluscicides market are –
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report