Expert Market Research’s new report titled “Europe Global Insecticides Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026”, provides an in-depth analysis of the European Insecticides Market, assessing the market based on of its segments such as Types, Waste Treatment Method, Application Method, Active Ingredients, and Major Regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026):
• Forecast CAGR (2021-2026): 5%
The increase in the creation of organic waste is a major driver of the pesticide market in Europe for waste management. This is due to the existence of countries like Italy, Sweden and Austria, all of which rely heavily on biomass for energy production. Additionally, the beneficial actions of EU waste management legislation continue to fuel the European insecticide market for waste management growth. The governments of Germany, the UK and France, for example, have taken steps to encourage recycling and reuse to reduce waste. However, one of the major issues limiting market expansion is the high cost of insecticides. Unlike other regions, the European waste management insecticide market holds the largest share in the global waste management market, due to the large number of participants in the region. Drivers should outweigh restrictions in terms of impact.
Insecticides are chemicals that kill insects. Agriculture, medicine, industry and consumers all use insecticides.
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Industry can be divided based on its types as follows:
The industry can be divided on the basis of waste treatment method as follows:
• Mechanical Biological Treatment (MBT)
• Anaerobic digestion
The industry can be broadly categorized based on application method as follows:
• Toxic bait
o Scattered dry bait
o Liquid dust baits
o Liquid bait dispensers
• Dichlorvos vaporizer
• Outdoor space spraying
• Larvicide sprayers
The industry can be divided based on active ingredients as follows:
• Organophosphorus compounds
o Pirimiphos Methyl
• Compounds of pyrethroids
• Neonicotinoid compounds
• Insect growth regulator
Based on Region, the market is segmented into:
The desire to increase crop yield and efficiency drives the pesticide trade. The region’s population is increasing, while the land area is shrinking, forcing farmers to increase their production. Farmers use new farming procedures to improve crop productivity. Therefore, crop protection is important to approach farmers to meet global food demand. Applying pesticides to crops is a proven method of increasing global food production. New farming methods require new crop protection solutions, but research and development expenditures are increasing. Pesticides are prohibited in this area. In these countries, the costs of registering new insecticides for sale are prohibitive. Companies are investing heavily in new products for the reasons given above, and they are wary of returns. The adoption of biopesticides is also increasing in the region, especially in developed and emerging countries. The use of glyphosate, neonicotinoids and paraquat would be banned, which should boost European biopesticide activity. It is currently the world’s second largest market for biopesticides. The demand for organic and all-natural products is skyrocketing and the use of biopesticides will need to improve. Pesticides contribute to the efficient use of resources for plant growth while protecting the crop from infection. With the use of pheromones, some insecticides deter animals from approaching them. In the European Union, biopesticides are controlled in the same way as chemical pesticides. The Organization for Economic Co-operation and Development (OECD), a 34-country organization based in Paris, France, helps EU governments quickly and comprehensively assess the risks of biopesticides to people and the environment. Residue levels in food are regulated in Europe and other advanced countries around the world. Due to their relative safety, most biopesticides have no such restrictions.
Main market players
The major market players are BIODEGMA GmbH, Viridor, BTA International GmbH, Nehlsen AG, FCC Austria Abfall Service AG, Veolia, AMEY PLC, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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