Microencapsulated Pesticides Market Is Projected To Reach US$ 747.03 Billion By 2028, At A CAGR Of 10.2%
Global Microencapsulated Pesticides Market was valued at USD 378.5 billion in 2021 and is expected to reach USD 747.03 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
• Syngenta AG
• Bayer AG
• BASF SE
• Monsanto Company
• FMC Corporation
• ADAMA Agricultural Solutions Ltd.
• Arysta LifeScience Corporation
• Belchim Crop Protection NV/SA
• Mclaughlin Gormley King Company
• Reed Pacific Pty Limited
• BotanoCap
• GAT Microencapsulation and other major players.
Global Microencapsulated Pesticides Market was valued at USD 378.5 billion in 2021 and is expected to reach USD 747.03 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
• Syngenta AG
• Bayer AG
• BASF SE
• Monsanto Company
• FMC Corporation
• ADAMA Agricultural Solutions Ltd.
• Arysta LifeScience Corporation
• Belchim Crop Protection NV/SA
• Mclaughlin Gormley King Company
• Reed Pacific Pty Limited
• BotanoCap
• GAT Microencapsulation and other major players.
8 months ago
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