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BASF SE, Bayer AG, and Corteva Inc. will emerge as major insecticides market participants during 2021-2025
The insecticides market is expected to grow by USD 1.83 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the insecticides market in optimistic, probable, and pessimistic forecast scenarios.
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Technavio has announced its latest market research report titled Global Insecticides Market 2021-2025 (Graphic: Business Wire)
Enterprises will go through the Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19
The insecticides market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the next normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build resilience by making effective resource and investment choicesfor individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure. Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Insecticides Market Participants:
BASF SE
BASF SE operates the business through various segments such as Agricultural Solutions, and Other. The company offers insecticides under the brand, Inscalis.
Bayer AG
Bayer AG operates the business through various segments such as Pharmaceuticals, Crop science, and Consumer health. The company offers insecticides under the brand, Movento.
Corteva Inc.
Corteva Inc. operates the business through various segments such as Seed, and Crop protection. The company offers insecticides under the brand, Pexalon.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/insecticides-market-industry-analysis
Insecticides Market 2021-2025: Segmentation
The insecticides market is segmented as below:
- Type
- Organophosphorus Compounds
- Pyrethroids
- Neonicotinoids
- Methyl Carbamates
- Others
- Application
- Cereal And Grains
- Fruits And Vegetables
- Pulses
- Oilseeds
- Others
- Geography
- APAC
- South America
- North America
- Europe
- MEA
The insecticide market is driven by the decline in per capita arable land. In addition, other factors such as an increase in demand from developing countries are expected to trigger the insecticide market toward witnessing a CAGR of over 2% during the forecast period.
Get more insights about the global trends impacting the future of the insecticides market, Request Free Sample https://www.technavio.com/talk-to-us?report=IRTNTR46643
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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View source version on businesswire.com: https://www.businesswire.com/news/home/20210121005969/en/
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