With A CAGR 10.2%, Microencapsulated Pesticides Market is expected to reach USD 907.20 billion by the year 2028
Global Microencapsulated Pesticides Market was valued at USD 417.11 billion in 2021 and is expected to reach USD 907.20 billion by the year 2028, at a CAGR of 10.2%.
Microencapsulated pesticides are insecticides in which the active component of the pesticide (whether dry or liquid) is protected by a protective covering (polymer). Plastic, starch, or other materials may be used as coatings. Like any other sprayable pesticide formulation, microencapsulated pesticides are combined with water and administered as a spray. After spraying, the microencapsulated pesticide's plastic covering breaks down, releasing the active substance contained within the capsule. The encapsulation technique can give a "timed" gradual release of the active substance in some cases.
The Microencapsulated Pesticides market may experience a transformational growth period across the forecast period of 2023-2030 on the account of the growing influence of contactless payments due to the novel coronavirus pandemic. The changing perception of a considerable populace on the mode of payment may serve as an essential growth multiplier for the Microencapsulated Pesticides market. On the basis of solution, the Microencapsulated Pesticides market can be segmented into transaction management and analytics, payment terminal solution, hosted point-of-sale, and security and fraud management.
Analysis of Key Players in Global Microencapsulated Pesticides Market
Adama Agricultural Solutions Ltd. (Israel),Arysta Lifescience(US),Basf Se (Germany),Bayer Cropscience Ag (Germany),Belchim Crop Protection (Belgium),Botanocap Ltd. (Israel),China National Chemical Corporation (China),Ecosafe Natural Products Inc. (Canada),Fmc Corporation (US),Gat Microencapsulation Gmbh (Austria),Israel Chemical Company (Israel),K + S Group (Germany),Mclaughlin Gormley King Company (US),Nufarm Limited (Australia),Reed Paci
Global Microencapsulated Pesticides Market was valued at USD 417.11 billion in 2021 and is expected to reach USD 907.20 billion by the year 2028, at a CAGR of 10.2%.
Microencapsulated pesticides are insecticides in which the active component of the pesticide (whether dry or liquid) is protected by a protective covering (polymer). Plastic, starch, or other materials may be used as coatings. Like any other sprayable pesticide formulation, microencapsulated pesticides are combined with water and administered as a spray. After spraying, the microencapsulated pesticide's plastic covering breaks down, releasing the active substance contained within the capsule. The encapsulation technique can give a "timed" gradual release of the active substance in some cases.
The Microencapsulated Pesticides market may experience a transformational growth period across the forecast period of 2023-2030 on the account of the growing influence of contactless payments due to the novel coronavirus pandemic. The changing perception of a considerable populace on the mode of payment may serve as an essential growth multiplier for the Microencapsulated Pesticides market. On the basis of solution, the Microencapsulated Pesticides market can be segmented into transaction management and analytics, payment terminal solution, hosted point-of-sale, and security and fraud management.
Analysis of Key Players in Global Microencapsulated Pesticides Market
Adama Agricultural Solutions Ltd. (Israel),Arysta Lifescience(US),Basf Se (Germany),Bayer Cropscience Ag (Germany),Belchim Crop Protection (Belgium),Botanocap Ltd. (Israel),China National Chemical Corporation (China),Ecosafe Natural Products Inc. (Canada),Fmc Corporation (US),Gat Microencapsulation Gmbh (Austria),Israel Chemical Company (Israel),K + S Group (Germany),Mclaughlin Gormley King Company (US),Nufarm Limited (Australia),Reed Paci
10 months ago
