Pesticide Technical Material Market size is estimated to be USD 66.92 Billion in 2024 and is expected to reach USD 86.11 Billion by 2033 at a CAGR of 3.2% from 2026 to 2033.
The global pesticide technical material market was valued at approximately USD 5.6 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2030. This market growth is driven by increasing demand for high yield agricultural production to meet the global food requirements. The Asia Pacific region holds the largest share of the market, contributing around 38% in 2022, owing to the high agricultural activity and large scale use of pesticides in countries such as China and India. North America and Europe follow as key regions, with a significant market presence, driven by advancements in farming technologies and the adoption of integrated pest management systems. The market in Latin America and the Middle East & Africa is expected to show notable growth in the coming years, largely driven by expanding agricultural practices and the rise in pesticide use in these regions. The pesticide technical material market presents various opportunities, especially in regions with growing agricultural sectors such as Latin America and Asia Pacific. The increasing demand for organic farming and sustainable agricultural practices is pushing the development of biopesticides, creating a market shift towards eco friendly alternatives. Additionally, the increasing need for pest control in food production is driving demand for new and improved pesticide formulations. The market also sees a rise in investment in agricultural research and innovation, particularly in crop protection and the development of more effective pesticide technical materials to meet global agricultural demands.
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Corteva
Nissan Chemical
Sumitomo Chemical
Nippon Soda
Nihon Nohyaku
Lier Chemical
Kureha
Ishihara Sangyo Kaisha
ADAMA
Sinopharm Group
Bayer
Qilu Synva Pharmaceutical
Huimeng Biotech
Lianhe Chemical Technology
Nutrichem Company Limited
Limin Group
Zhejiang Qianjiang Biochemical
CAC Nantong Chemical
Jiangsu Huifeng Bio Agriculture
Zhejiang XinNong Chemical
Jiangsu Flag Chemical
Shandong Sino-Agri
Zhejiang XinAn Chemical Industrial
Hailir Pesticides And Chemicals
Hubei Xingfa Chemicals Group
Jiangsu Yangnong Chemical
Shandong Cynda Chemical
Suli Co
Yingde Greatchem Chemicals
Hefei Jiuyi Agriculture Development
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pesticide Technical Material Market
Insecticides
Herbicides
Fungicides
Rodenticides
Others
Liquid
Solid
Gas
Spray
Dust
Granules
Systemic
Cereals & Grains
Fruits & Vegetables
Oilseeds & Pulses
Others
Insects
Weeds
Fungi
Bacteria
Rodents
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pesticide Technical Material Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pesticide Technical Material Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pesticide Technical Material Market, By Type
6. Global Pesticide Technical Material Market, By Application
7. Global Pesticide Technical Material Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Pesticide Technical Material Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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