Acaricides Market Synopsis
Acaricides Market Size is Valued at USD 369.34 Billion in 2024, and is Projected to Reach USD 545.68 Billion by 2032, Growing at a CAGR of 5% From 2024-2032.
The Acaricides Market defines the global business that deals with the synthesis and distribution of chemical and natural products that eliminate and control pests like mites and ticks. These products find extensive application in agricultural operations, animal farming, and people’s homes to shield crops, animals, and people against the vices of acarid invasion. Major categories include various forms of acaricides, industries served by the acaricides and geographical regions such as North America, Europe, Asia-Pacific, Latin America and Middle America & Africa.
- The global acaricides market is a rapidly growing one mainly due to the rising need to control pest-related issues in farming and livestock industries across the globe. Given these factors it has become paramount to control the spread of mites and ticks that are real threats to yields and animals respectively through the use of acaricides. Also, improvement in the agricultural practices and use of Integrated Pest Management (IPM) also boosts the market growth as the farmers look for effective and eco-friendly ways to protect their crops and livestock from destructive pests.
- Besides, an increasing consciousness of the impacts of mite and tick infections on economy losses and stringent policies on food safety and animal sterility fuel the demand for acaricides. New formulations of products and better products that are safer and perform better also lead to the growth of the market because agricultural and animal care industries are always responding to new demands all over the world. Growing concern of regions like North America, Europe and Asia-Pacific in increasing the production of agriculture and livestock would result in the necessity of using acaricides, thus enlarging the market prospect in the forthcoming years.
Acaricides Market Trend Analysis
Understanding the Regulatory Landscape of the Acaricides Market
- The global market of acaricides is gradually rising due to the growing need for effective pest control products in the agricultural and animal husbandry industries. Other trends include increased utilization of IPM which focuses on the usage of environmentally sensitive techniques of pest control. It is promoting the formulation of safer and more effective acaricides that have little effects on the environment but can control the pests like mites and ticks.
- Further, advancements in formulation technology are improving the effectiveness of use of acaricides as they conform to various methods of farming and practices involving animals in different parts of the world. Also, government measures and support for the utilization of safe and approved pesticides are affecting the market, thus following stricter safety and environmental requirements. Region-wise the Asia Pacific and North America will show a better growth in the market due to increasing agriculture activities and increasing knowledge of farmer about efficacy of modern pest control solutions. All these trends together imply a favourable picture for the acaricides market as it adapts to the existing and future needs of pest control and is compliant with sustainable farming.
Future Perspectives, Trends and Opportunities in Acaricides
- Another Louise review identified that the acaricides market has great potential for growth due to the rising demand in the international nations concerning agriculture and animal husbandry fields. Thus, pest control has become more critical with increased incidences of diseases transmitted through insects and reduced crop yields due to pests. These are the chemicals that are used to eradicate mites and ticks that are a threat to crop productivity as well as livestock. New formulation technologies, including coming up with better materials that are safe to society and the environment, is making the market even better. Also, the increase in the awareness of integrated pest management and the switch towards organic farming will create new opportunities for the growth of the market by increasing the demand for natural acaricides.
- In addition, geographical coverage and advances in research and development are the critical factors for market growth. New markets of Asia Pacific and Latin America where agriculture is gradually growing and modern methods of farming are being implemented remain unexplored for acaricide makers. Another factor that is expected to boost the growth of the industry partnerships and collaborations between industries around the agricultural stakeholders are also expected to fasten the penetration of such solutions and innovations to meet the emerging needs of the farmers and livestock producers across the globe. Therefore, there exists a massive potential for the achievement of robust growth of the acaricides market along with the constant changes of the modern regulatory standards that contribute to the development of sustainable agriculture practices.
Acaricides Market Segment Analysis:
Acaricides Market Segmented on the basis of type, Mode of application, and Application.
By Type, Organophosphates segment is expected to dominate the market during the forecast period
- The acaricides market concerns a wide range of chemicals that are used for managing the mites and ticks. These are; organophosphates, organochlorines, carbamates, pyrethroids, natural acaricides and others. Organophosphates & organochlorines have been extensively used in the past; carbamates and pyrethroids are used more in the present for their effectiveness & low toxicity. Natural acaricides are likely to experience growth because consumers are becoming more demanding and wanting organic products. Other formulations include newer chemical compositions and blends about the optimised effectiveness in pest control and in connection to certain mite and insect control problems in crop and animal production.
By Application, Agriculture segment held the largest share in 2024
- Acaricides are widely used in the agricultural, animal farming, industrial and domestic fields. In agriculture, they serve an essential function in maintaining the stability of yields with the help of combating such parasites as mites and ticks damaging crops. Relative to managing parasites in animal husbandry, acaricides are used in controlling parasites that cause diseases in the livestock, thus decreasing productivity. Industrial usage consists of control of pests with regard to factories and storage areas with a view of protecting foods and other goods from contamination. Also, acaricides are bought for All those samples of pests, which can affect health and property; therefore, the control of pests is important in homes and communities.
Acaricides Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- Having been influenced greatly by the pest control practices within intensive agriculture sector and regulation on the use of acaricides, the North American Acaricides Market is relatively healthy and competitive. Organophosphates and pyrethroids are the most commonly used chemicals owing to the efficiency in controlling many pests inclusive of mites and ticks. It is noteworthy that Tillage is currently the biggest application global acaricides as farmers use them to control pests that negatively affect crops such as fruits, vegetables, and cereals.
- The world trends have shifted towards the use of natural and bio-based acaricides over the past few years due to rise in consumers’ consciousness to organics, green or eco-friendly farming. Currently the United States and Canada dominate in the regional market share due to the superior agricultural production technologies and research activities focused on introducing safer and more efficient pest control methods. Still, the North American Acaricides Market will likely grow even more after facing regulatory difficulties because farmers always focus on crop protection and environmental conservation.
Active Key Players in the Acaricides Market
- Chemtura Corporation (USA)
- Bayer AG (Germany)
- BASF SE (Germany)
- FMC Corporation (USA)
- DuPont (USA)
- The Dow Chemical Company (USA)
- Syngenta (Switzerland)
- Arysta LifeScience Limited (Japan)
- Merck & Co., Inc. (USA)
- Nissan Chemical Industries Ltd. (Japan)
- Other Active Players
Global Acaricides Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 369.34 Bn. |
Forecast Period 2024-32 CAGR: |
5.0 % |
Market Size in 2032: |
USD 545.68 Bn. |
Segments Covered: |
By Type |
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By Mode of Application |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Acaricides Market by Type
4.1 Acaricides Market Snapshot and Growth Engine
4.2 Acaricides Market Overview
4.3 Bank-grade
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Bank-grade: Geographic Segmentation Analysis
4.4 Businesses
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Businesses: Geographic Segmentation Analysis
Chapter 5: Acaricides Market by Application
5.1 Acaricides Market Snapshot and Growth Engine
5.2 Acaricides Market Overview
5.3 Bank
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Bank: Geographic Segmentation Analysis
5.4 Grocers
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Grocers: Geographic Segmentation Analysis
5.5 Convenience stores
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Convenience stores: Geographic Segmentation Analysis
5.6 Druggists
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Druggists: Geographic Segmentation Analysis
5.7 Departmental stores
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Departmental stores: Geographic Segmentation Analysis
5.8 Sports stadiums
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Sports stadiums: Geographic Segmentation Analysis
5.9 Gas Stations
5.9.1 Introduction and Market Overview
5.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.9.3 Key Market Trends, Growth Factors and Opportunities
5.9.4 Gas Stations: Geographic Segmentation Analysis
Chapter 6: Company Profiles and Competitive Analysis
6.1 Competitive Landscape
6.1.1 Competitive Benchmarking
6.1.2 Acaricides Market Share by Manufacturer (2023)
6.1.3 Industry BCG Matrix
6.1.4 Heat Map Analysis
6.1.5 Mergers and Acquisitions
6.2 CHEMTURA CORPORATION
6.2.1 Company Overview
6.2.2 Key Executives
6.2.3 Company Snapshot
6.2.4 Role of the Company in the Market
6.2.5 Sustainability and Social Responsibility
6.2.6 Operating Business Segments
6.2.7 Product Portfolio
6.2.8 Business Performance
6.2.9 Key Strategic Moves and Recent Developments
6.2.10 SWOT Analysis
6.3 BAYER AG
6.4 BASF SE
6.5 FMC CORPORATION
6.6 DUPONT
6.7 THE DOW CHEMICAL COMPANY
6.8 SYNGENTA
6.9 ARYSTA LIFESCIENCE LIMITED
6.10 MERCK & CO INC
6.11 NISSAN CHEMICAL INDUSTRIES LTD
6.12 OTHER ACTIVE PLAYERS
Chapter 7: Global Acaricides Market By Region
7.1 Overview
7.2. North America Acaricides Market
7.2.1 Key Market Trends, Growth Factors and Opportunities
7.2.2 Top Key Companies
7.2.3 Historic and Forecasted Market Size by Segments
7.2.4 Historic and Forecasted Market Size By Type
7.2.4.1 Bank-grade
7.2.4.2 Businesses
7.2.5 Historic and Forecasted Market Size By Application
7.2.5.1 Bank
7.2.5.2 Grocers
7.2.5.3 Convenience stores
7.2.5.4 Druggists
7.2.5.5 Departmental stores
7.2.5.6 Sports stadiums
7.2.5.7 Gas Stations
7.2.6 Historic and Forecast Market Size by Country
7.2.6.1 US
7.2.6.2 Canada
7.2.6.3 Mexico
7.3. Eastern Europe Acaricides Market
7.3.1 Key Market Trends, Growth Factors and Opportunities
7.3.2 Top Key Companies
7.3.3 Historic and Forecasted Market Size by Segments
7.3.4 Historic and Forecasted Market Size By Type
7.3.4.1 Bank-grade
7.3.4.2 Businesses
7.3.5 Historic and Forecasted Market Size By Application
7.3.5.1 Bank
7.3.5.2 Grocers
7.3.5.3 Convenience stores
7.3.5.4 Druggists
7.3.5.5 Departmental stores
7.3.5.6 Sports stadiums
7.3.5.7 Gas Stations
7.3.6 Historic and Forecast Market Size by Country
7.3.6.1 Bulgaria
7.3.6.2 The Czech Republic
7.3.6.3 Hungary
7.3.6.4 Poland
7.3.6.5 Romania
7.3.6.6 Rest of Eastern Europe
7.4. Western Europe Acaricides Market
7.4.1 Key Market Trends, Growth Factors and Opportunities
7.4.2 Top Key Companies
7.4.3 Historic and Forecasted Market Size by Segments
7.4.4 Historic and Forecasted Market Size By Type
7.4.4.1 Bank-grade
7.4.4.2 Businesses
7.4.5 Historic and Forecasted Market Size By Application
7.4.5.1 Bank
7.4.5.2 Grocers
7.4.5.3 Convenience stores
7.4.5.4 Druggists
7.4.5.5 Departmental stores
7.4.5.6 Sports stadiums
7.4.5.7 Gas Stations
7.4.6 Historic and Forecast Market Size by Country
7.4.6.1 Germany
7.4.6.2 UK
7.4.6.3 France
7.4.6.4 Netherlands
7.4.6.5 Italy
7.4.6.6 Russia
7.4.6.7 Spain
7.4.6.8 Rest of Western Europe
7.5. Asia Pacific Acaricides Market
7.5.1 Key Market Trends, Growth Factors and Opportunities
7.5.2 Top Key Companies
7.5.3 Historic and Forecasted Market Size by Segments
7.5.4 Historic and Forecasted Market Size By Type
7.5.4.1 Bank-grade
7.5.4.2 Businesses
7.5.5 Historic and Forecasted Market Size By Application
7.5.5.1 Bank
7.5.5.2 Grocers
7.5.5.3 Convenience stores
7.5.5.4 Druggists
7.5.5.5 Departmental stores
7.5.5.6 Sports stadiums
7.5.5.7 Gas Stations
7.5.6 Historic and Forecast Market Size by Country
7.5.6.1 China
7.5.6.2 India
7.5.6.3 Japan
7.5.6.4 South Korea
7.5.6.5 Malaysia
7.5.6.6 Thailand
7.5.6.7 Vietnam
7.5.6.8 The Philippines
7.5.6.9 Australia
7.5.6.10 New Zealand
7.5.6.11 Rest of APAC
7.6. Middle East & Africa Acaricides Market
7.6.1 Key Market Trends, Growth Factors and Opportunities
7.6.2 Top Key Companies
7.6.3 Historic and Forecasted Market Size by Segments
7.6.4 Historic and Forecasted Market Size By Type
7.6.4.1 Bank-grade
7.6.4.2 Businesses
7.6.5 Historic and Forecasted Market Size By Application
7.6.5.1 Bank
7.6.5.2 Grocers
7.6.5.3 Convenience stores
7.6.5.4 Druggists
7.6.5.5 Departmental stores
7.6.5.6 Sports stadiums
7.6.5.7 Gas Stations
7.6.6 Historic and Forecast Market Size by Country
7.6.6.1 Turkey
7.6.6.2 Bahrain
7.6.6.3 Kuwait
7.6.6.4 Saudi Arabia
7.6.6.5 Qatar
7.6.6.6 UAE
7.6.6.7 Israel
7.6.6.8 South Africa
7.7. South America Acaricides Market
7.7.1 Key Market Trends, Growth Factors and Opportunities
7.7.2 Top Key Companies
7.7.3 Historic and Forecasted Market Size by Segments
7.7.4 Historic and Forecasted Market Size By Type
7.7.4.1 Bank-grade
7.7.4.2 Businesses
7.7.5 Historic and Forecasted Market Size By Application
7.7.5.1 Bank
7.7.5.2 Grocers
7.7.5.3 Convenience stores
7.7.5.4 Druggists
7.7.5.5 Departmental stores
7.7.5.6 Sports stadiums
7.7.5.7 Gas Stations
7.7.6 Historic and Forecast Market Size by Country
7.7.6.1 Brazil
7.7.6.2 Argentina
7.7.6.3 Rest of SA
Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies
Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
Global Acaricides Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 369.34 Bn. |
Forecast Period 2024-32 CAGR: |
5.0 % |
Market Size in 2032: |
USD 545.68 Bn. |
Segments Covered: |
By Type |
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By Mode of Application |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Acaricides Market research report is 2024-2032.
Chemtura Corporation (USA), Bayer AG (Germany), BASF SE (Germany), FMC Corporation (USA), DuPont (USA), The Dow Chemical Company (USA), Syngenta (Switzerland), Arysta LifeScience Limited (Japan), Merck & Co., Inc. (USA), Nissan Chemical Industries Ltd. (Japan). and Other Major Players.
The Acaricides Market is segmented into by Type (Organophosphates, Organochlorines, Carbamates, Pyrethroids, Natural Acaricides, Others), By Mode (Spray, Dipping Vat, Hand Dressing, Others), By Application (Agriculture, Animal Husbandry, Industrial, Residential). By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The Acaricides Market defines the global business that deals with the synthesis and distribution of chemical and natural products that eliminate and control pests like mites and ticks. These products find extensive application in agricultural operations, animal farming, and people’s homes to shield crops, animals, and people against the vices of acarid invasion. Major categories include various forms of acaricides, industries served by the acaricides and geographical regions such as North America, Europe, Asia-Pacific, Latin America and Middle America & Africa.
Acaricides Market Size is Valued at USD 369.34 Billion in 2024, and is Projected to Reach USD 545.68 Billion by 2032, Growing at a CAGR of 5% From 2024-2032.