Market Conditions: Insecticides are a class of pesticides used to kill or regulate the insects that destroys the crops. They also increase the yield significantly. Based on Residual Activity, Insecticides are mainly of two types. They are Systematic Insecticides and Contact Insecticides. Systematic Insecticides are ones which have long term residual activity while Contact Insecticides have no residual activity.
Rising Commercial Pest management services, increasing concerns of Insect transferrable diseases, rising demand for food grains owing to the increasing population, increasing Crop losses due to pests, advancements in agricultural practices or techniques and fall in per capita farm land are some of the major factors driving the market. However, some of the factors like improper handling of insecticides, and its toxic properties are slowing down the growth of the market.
Latin America Insecticides Market Segmentation: • By Type: Introduction, Pyrethroids, Organophosphorus, Carbamates, Organochlorine, Botanicals and Others • By Crop Type: Introduction, Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses and Others • By Mode of Application: Introduction, Foliar Spray, Seed Treatment, Soil Treatment and Post-Harvest • By Form: Introduction, Sprays, Strips and Baits • By Geography: Introduction, Brazil, Mexico and Rest of Latin America
Some of the key players involved in Latin America Insecticides Market: • BASF SE • Dow Chemical Company • E.I. DuPont De Nemours & Company • Cheminova As • Bayer Crop science AG • Nufarm Limited • Syngenta AG • Makhteshim Agan Industries • Sumitomo Chemical Company Ltd. • FMC Corporation
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