Syngenta AG announced the launch of a new insecticide called Minect Pro. This product is designed to combat a wide range of pests and contains two active ingredients such as cyantraniliprole and chlorantraniliprole.
BASF SE announced the acquisition of Bayer AG's pesticides business for USD 9.1 billion. The purpose of the acquisition was to expand BASF's product portfolio and strengthen its position in the global pesticide market.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 4382
Published Date: Aug 07, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing global population and increasing focus of government towards sustainable and eco-friendly products are some of the major factors anticipated to drive the growth of the insect growth regulator market.
The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Nufarm Ltd., Syngenta AG, BASF SE, Central Garden & Pet Co., Dow chemical company, HELM Agro US Inc., Nissan Chemicals, and others.
The agriculture & garden segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in Asia Pacific is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.