Global Acaricides Market is accounted for $289.40 million in 2020 and is expected to reach $504.73 million by 2028 growing at a CAGR of 7.2% during the forecast period. Increasing demand for meat, dairy products, and crops and development in the crop protection industry is driving the market growth.
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By geography, North America is going to have high growth during the forecast period due to the increasing usage of crop protection chemicals to control the spread of tick and mite-borne diseases. The increase in demand for animal feed and crops is the key factor of this sector. The North American region is one of the major consumers of acaricides. It is also one of the fastest-growing markets.
Some of the key players profiled in the Acaricides include Arysta Lifescience, BASF SE, Bayer AG, Chemtura Corporation, Dow Chemical Company, Dupont, FMC Corporation, Indofil Industries Limited, Merck & Co., Inc., Nissan Chemical Industries, Ltd., PI Industries, Syngenta AG, and Tata Chemicals Limited.
Types Covered in Acaricides Market
• Organophosphorus Compounds
• Natural Sources
• Carbamate Miticides
• Plant Derivatives
• Synthetic Pyrethroids
• Chlorinated Hydrocarbons
• Formamidine Miticides
• Antibiotic Miticides
Mode of Actions Covered:
• Dipping Vat
• Hand Dressing
• Spray Race or Spray Dip Machine
• Animal Husbandry
• Household Applications
Sales Channels Covered:
• Direct Sales
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