Global Microencapsulated Pesticides Market Overview
The Microencapsulated Pesticides Market is expected to register a CAGR of 8.6% from 2022 to 2030 and reach USD 520.12 million by the end of 2030. Pest is a term used for insects or any other organisms which are generally harmful to crops and animals. Many pests attack plants to feed on them. The direct cause damage to plants by feeding on foliage and burrow in stem, roots, and fruits, which may result in the death of the plant. Some pests act as a transmitter of bacterial, fungal or viral infection in plants such as aphids causing viral disease in sugar beets and potatoes. Many pests are an animal parasite, which results in a reduced yield of livestock or death of the animal. Hence it is critically important to manage and kill pests. Pesticides are used to kill pests as well as weeds. Pesticides enable farmers to get more productivity by eliminating any loss caused by pests. Pesticides also help to reduce the cost of weeding as compared to hand weeding. Many waterborne and insect-transmitted diseases such as malaria are controlled with the help of pesticides. Microencapsulation of pesticides is used to increase the efficiency of pesticides by using the controlled release technique. Microencapsulated pesticides are the most suitable options in the no-tillage farming system. All these factors are driving the growth of microencapsulated pesticides industry.
Market Segmentation
The market has been segmented based on type, technology, crop type, mode of application, and region. Based on type, the global market has been categorized as herbicides, insecticides, fungicides, and others. The microencapsulated pesticides market has been classified, based on technology, as physical, physio-chemical, chemical. The global market has been bifurcated, on the basis of crop type, into fruits & vegetables, cereals & grains, oilseeds & pulses, and others. On the basis of mode of application, the global market has been divided into foliar spray, fertigation, and others. The global market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American market has further been segmented into the US, Canada, and Mexico. The European microencapsulated pesticides industry has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The microencapsulated pesticides industry in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The microencapsulated pesticides market, in the rest of the world, has been segmented into South America, the Middle East, and Africa.
Key Players
BASF SE (Germany), Bayer Cropscience AG (Germany), The DOW Chemical Company (US), The Monsanto Company (US), Syngenta AG (Switzerland), FMC Corporation (US), ADAMA Agricultural Solutions Ltd. (Israel), Belchim Crop Protection (Belgium), Reed Pacific Pty Limited (Australia), UPL Corporation Ltd. (India), EcoSafe Natural Products Inc. (Canada), GAT Microencapsulation Gmbh (Austria), China National Chemical Corporation (China), McLaughlin Gormley King Company (US), and BotanoCap Ltd. (Israel) are some of the key players in the global microencapsulated pesticides industry.
Regional Market Summary Global Microencapsulated Pesticides Market Share (%), by Region, 2021 
Type: Secondary Types and MRFR Analysis
The market in Europe is expected to dominate the global microencapsulated pesticides market during the forecast period due to the adoption of integrated pest management by farmers, which is promoted by the European Union. Moreover, ongoing technological research and development in microencapsulated pesticides are anticipated to fuel the growth of microencapsulated pesticides industry in this region. Asia-Pacific, region is projected to grow at the highest CAGR in global market, due to the increase in population, leading to increased food demand. Additionally, the expansion and commercialization of agricultural activities in countries like India and China are projected to support the growth of microencapsulated pesticides industry in this region. The market in the rest of the world is expected to grow at impressive growth rate as the demand for microencapsulated pesticides is increasing in various countries like Argentina and Brazil, due to increasing awareness about benefits of microencapsulated pesticides.
Global Microencapsulated Pesticides Market, by Type
Global Microencapsulated Pesticides Market, by Technology
- Physical
- Physio-Chemical
- Chemical
Global Microencapsulated Pesticides Market, by Crop Type
- Fruits & Vegetables
- Cereals & Grains
- Oilseeds & Pulses
- Others
Global Microencapsulated Pesticides Market, by Mode of Application
Global Microencapsulated Pesticides Market, by Region
-
Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
-
Asia-Pacific
- Japan
- China
- India
- Australia and New Zealand
- Rest of Asia-Pacific
-
Rest of the World (RoW)
- South America
- Middle East
- Africa
Intended Audience
- Microencapsulated pesticides manufacturers
- Traders and distributors of microencapsulated pesticides
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
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Report Attribute/Metric
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Details
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Market Size
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USD 520.12 Million
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CAGR
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8.6%
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Base Year
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2021
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Forecast Period
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2022-2030
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Historical Data
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2020
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Forecast Units
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Value (USD Billion)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Segments Covered
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By Type, Technology, Crop Type, Mode of Application, and Region
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Geographies Covered
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North America, Europe, Asia-Pacific, and Rest of the World (RoW)
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Key Vendors
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BASF SE (Germany), Bayer Cropscience AG (Germany), The DOW Chemical Company (US), The Monsanto Company (US), Syngenta AG (Switzerland), FMC Corporation (US), ADAMA Agricultural Solutions Ltd. (Israel), Belchim Crop Protection (Belgium), Reed Pacific Pty Limited (Australia), UPL Corporation Ltd. (India), EcoSafe Natural Products Inc. (Canada), GAT Microencapsulation Gmbh (Austria), China National Chemical Corporation (China), McLaughlin Gormley King Company (US), and BotanoCap Ltd. (Israel)
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Key Market Opportunities
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Used for insects or any other organisms which are generally harmful to crops and animals
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Key Market Drivers
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Used to increase the efficiency of pesticides, Most suitable options in the no-tillage farming system
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Frequently Asked Questions (FAQ) :
Microencapsulated pesticides market is expected to reach USD 520.12 million by 2030.
Microencapsulated pesticides market is expected to exhibit a strong 8.6% CAGR over the forecast period from 2022 to 2030.
Leading players in the microencapsulated pesticides market BASF SE (Germany), Bayer Cropscience AG (Germany), The DOW Chemical Company (US), The Monsanto Company (US), Syngenta AG (Switzerland), FMC Corporation (US), McLaughlin Gormley King Company (US), and BotanoCap Ltd. (Israel), among others.
Major applications of microencapsulated pesticides market include foliar spray, fertigation, and others.
Used to increase the efficiency of pesticides and most suitable options in the no-tillage farming system is a major driver for the microencapsulated pesticides market.
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