Insecticides Market: Population Growth witnessed globally to Create Lucrative Prospects

The global insecticides market is moderately fragmented as the top three manufacturers of insecticides, namely Bayer AG, The Dow Chemical Company, and Syngenta AG, held nearly 35.1% of the overall market in 2014. Transparency Market Research (TMR) projected that the competition in this market will remain moderate till 2023. More than half of the market was held by a few prominent players in 2014, and are expected to sustain the same through the forecast period. The strong distribution channels built by the key players make it tough for regional players to expand and new players to enter this market.

In the report, Transparency Market Research has estimated that in 2016 the market was valued at US$2.75 bn, which is expected to reach the value of US$3.89 by the end of 2023. The market is expected to expand at a CAGR of 5.1% over the forecast period of 2015-2023.

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Biopesticides, one of the most commonly used insecticides, which are naturally derived chemicals are experiencing high growth in demand. Biopesticides such as baking soda and canola oil are harmless to the environment and are very inexpensive to manufacturing. These biopesticides can be effectively used for farms and gardens due to their harmlessness towards humans and animals. Geographically, the Asia Pacific market for insecticides holds dominance in the global market owing to large availability of agrarian land. Furthermore, the development in agricultural sectors in countries such as China and India is expected to assist the market of Asia Pacific to grow.

Limited Arable Land Fuels Demand for Effective Insecticides

The rising population witnessed around the world has put direct pressure on the agricultural industry to escalate the production of crops. This demand for high crop yield is the key driver for the global market for insecticides. Furthermore, the lack of arable land to keep up with the rising demand for crops, is fuelling the demand for more effective fertilizers and insecticides. The World Bank has stated that in order to sustain the needs of growing population, farmers are likely to adopt methods that would allow them increase their crop yield by 60% by the year of 2050. Furthermore, the rising threat of pest infestation boosting the market for insecticides. The rising global temperature is affecting the crop health and infecting plants with weeds, infestations, and infections. The number of crop-based infections are increasing due this rising temperature and various types of pollutions, which is fuelling the demand for efficient insecticides.

Adverse Effects of Chemical Insecticides Could Restrain the Market

Although insecticides help crops to resist infestation, studies have shown that regular use of insecticides, help pests to build resistance from insecticides. This resistance built in pests, lowers the effect of insecticides on crops. Furthermore, chemical insecticides have adverse effects on human health and environment. For instance, when insecticides are carried out by water to water bodies, they kill fish and other aquatic wildlife. However, to curb such adverse impacts, consumers to adopt natural insecticides such as biopesticides. Biopesticides are fulfilling the demand for non-toxic insecticides and are expected to enable growth in the global market of insecticides. Furthermore, the continuous research and development are expected to create more effective and cost-efficient biopesticides in the coming years thereby creating lucrative prospects for the market’s growth.

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Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

Welding Products Market Growth in Wind Power Sector to Create Opportunities, TMR

The global welding products market is moderately fragmented with the key players such as Lincoln Electric, ESAB, and ITW leading in the market. These three players accounted for a collective share of 30% in 2013, states a new report by Transparency Market Research (TMR). This market is capital intensive and thus, local vendors find it difficult to compete with the larger players. Local players are unable to compete with large players on the basis of quality, services, functionalities, and features. Thus, these small players are entering into the market by introducing products that are low in price. Some of the players operating in the welding products market are: Voestalpine AG, Sonics & Materials Inc., Fronius International GmbH, Rofin-Sinar Technologies Inc., Arcon Welding, Bohler, Panasonic, Daihen Corp, and OBARA Co. In order to increase their production capacities and focus on innovations, companies are adopting the strategy of merging or acquiring other players. Acco

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