According to Stratistics MRC, the Global Larvicides Market is accounted for $828.22 million in 2020 and is expected to reach $1,412.42 million by 2028 growing at a CAGR of 6.9% during the forecast period. Factors such as increasing prevalence of insect-borne diseases, increasing awareness regarding environmental sustainability, and growing pest population are driving the growth of the market. However, high cost associated with the products is hampering the growth of the market.
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Based on the target, the mosquitoes segment is anticipated to expand at a rapid pace during the forecast period as mosquitoes are vectors of diseases such as malaria and Zika fever, which are a serious threat around the world. By geography, North America is going to have high growth during the forecast period which can be attributed to the adoption of vector control programs along with the presence of a number of market players in the region.
Some of the key players profiled in the Larvicides Market include BASF SE, Bayer AG, Eli Lilly and Company, Syngenta AG, Sumitomo Chemical Co Ltd, Summit Chemical Company, Central Garden & Pet Company, ADAMA Agricultural Solutions Ltd, Russell IPM Ltd, Gowan Company LLC, Certis USA LLC, and Nufarm Limited.
Forms Covered:
• Solid
• Liquid
Targets Covered:
• Flies
• Mosquitoes
• Other Targets
Products Covered:
• Natural Larvicides
• Biological Larvicides
• Synthetic Larvicides
Control Methods Covered:
• Insect Growth Regulators
• Biocontrol Agents/Microbial (Bacillus Spp.)
• Chemical Agents (Organophosphates)
• Other Control Methods
End Users Covered:
• Agricultural
• Livestock
• Residential
• Commercial
• Public Health
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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