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Miticides Market

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<strong>Miticides</strong> <strong>Market</strong> by form source and crop type Industry analysis Forecast to 2023<br />

<strong>Miticides</strong> <strong>Market</strong> by Form Source and Crop Type<br />

Industry Analysis Forecast To 2023<br />

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<strong>Miticides</strong> <strong>Market</strong> by form source and crop type Industry analysis Forecast to 2023<br />

<strong>Market</strong> Synopsis<br />

Global <strong>Miticides</strong> <strong>Market</strong>: Information by Form (Powder and Liquid), Source (Biological<br />

and Chemical), Mode of Application (Foliar Spray and Soil Treatment), Crop Type<br />

(Horticultural Crops, Field Crops, and Turf and Ornamentals), and Region—Forecast<br />

till 2023 Mites <strong>Market</strong> are small arthropods that attack crops. The majority of mites<br />

are beneficial to the environment such as predatory mites which include<br />

Phystoseiulus, Amplyeius, and Agistemus. However, mites such as the two-spotted<br />

spider mite, banks grass mite, and red mites pose a threat to crops. Two-spotted<br />

mites attack cotton, soybean canola, lucerne, peanut, mung bean, navy bean, and<br />

azuki bean. Heavy infestations will result in leaf desiccation, leaf drop, and yield loss.<br />

<strong>Miticides</strong> play an important role in killing and controlling the growth of mites on<br />

plants. To meet the growing demand for miticides, companies are incorporating these<br />

products into their portfolios. For instance, on 22 February 2017, OHP Inc. introduced<br />

a miticide under the brand name Notavo Ovicide for ornamental crops to provide<br />

long-term control of eggs and immature stages of two-spotted spider mites and other<br />

mites. On 17 February 2017, Gowan USA introduced a miticide/insecticide under the<br />

brand Nexter that helps knockdown and control broad mites, rust mites, pear psylla,<br />

aphids, whiteflies, spider mites, and leafhopper nymphs.<br />

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Increasing awareness about the advantages of miticides in maximizing overall yield<br />

by decreasing losses is primarily driving the growth of the global miticides market.<br />

This growth is also influenced by research and development of miticides such as<br />

usage in a broad range of crops, targeted knockdown of all life stages of mites with<br />

no toxicity to beneficial insects (predatory mites and pollinators), compatibility with<br />

integrated pest management (IPM) programs, long residual control, nature-based<br />

miticides, and cost-effectiveness. Quick action and easy handling are also boosting<br />

the growth of the product market. The US Food Quality and Protection Act restricts<br />

the use of chemical miticides above the recommended amount due to their harmful<br />

effects on pollinators, birds, and beneficial mites. Excessive use can lead to high<br />

levels of residue, which is expected to hamper the growth of the product market to<br />

some extent during the forecast period<br />

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<strong>Miticides</strong> <strong>Market</strong> by form source and crop type Industry analysis Forecast to 2023<br />

Segmentation Analysis<br />

The global miticides market has been segmented by form, source, and mode of<br />

application, crop type, and region. Based on form, the global miticides market has<br />

been divided into powder and liquid. By source, the global miticides market has been<br />

segregated into biological and chemical. Based on mode of application, the global<br />

miticides market has been segmented into foliar spray and soil treatment. On the<br />

basis of crop type, the global miticides market has been categorized as horticultural<br />

crops, field crops, and turf and ornamentals.<br />

Regional Analysis<br />

The global miticides market has been analyzed with respect to five regions, namely,<br />

Asia-Pacific, North America, Europe, Latin America, and the Middle East &<br />

Africa. Asia-Pacific accounted for the largest market share in 2017 and is expected<br />

to maintain its dominance during the forecast period. The regional market has been<br />

growing at a rapid rate over the past decade due to the rising food demand owing to<br />

increasing population, lucrative government schemes related to agriculture, and<br />

increasing research of agricultural products. Europe and North America are also<br />

major markets for miticides due to the presence of an established agricultural<br />

industry, high agricultural expenditure, and an emphasis on technologically advanced<br />

farming techniques and products. The Latin American market is expected to witness<br />

a rising demand for miticides due to the growing agriculture industry particularly in<br />

countries such as Brazil and Argentina during the forecast period.<br />

Browse the market data and information spread across 100 pages with 59 data<br />

tables and 14 figures of the report “<strong>Miticides</strong> <strong>Market</strong> by form source and crop<br />

type Industry analysis Forecast to 2023” in-depth alongside table of content<br />

(TOC) at: https://www.marketresearchfuture.com/reports/miticidesmarket-6353<br />

Key Players and Competition Analysis<br />

Some of the prominent players in the global miticides market are Syngenta<br />

(Switzerland), Bayer AG (Germany), Adama Agricultural Solutions Ltd (Israel), FMC<br />

Corporation (US), Gowan Company (US), BASF SE (Germany), DowDuPont (US),<br />

Certis USA LLC (US), Nissan Chemical Corporation (Japan), Philagro South Africa<br />

(Pty) Ltd (South Africa), Arysta LifeScience Corporation (Japan), Dhanuka Agritech<br />

Ltd (India), Phoenix Environmental Design Inc. (US), Crop Quest, Inc. (US), and<br />

United Phosphorus, Inc. (US).<br />

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<strong>Miticides</strong> <strong>Market</strong> by form source and crop type Industry analysis Forecast to 2023<br />

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