Pre-order Enquiry
Request Free Sample
Global Molluscicides Market - Segmented by Product Group, Application, and Geography - Growth, Trends and Forecasts (2022 - 2030)
SKU ID : INH-13100668 | Publishing Date : 08-Feb-2018 | No. of pages : 200
Request Sample
Request Customization
Check Discounts
Molluscicides Market
The global molluscicides market has been estimated at USD 902.99 million in 2016. The market is expected to register a CAGR of 19.63% during the forecast period, 2018 to 2023. North America accounted for the largest market, accounting for around 37% of the global market share, while Asia-Pacific was estimated to register the fastest CAGR through the forecast period, 2018-2023.
Emergence of Golden Apple Snail as a Serious Rice Pest
The golden apple snail is a fresh water snail which is one of the major rice pest in Asia & S.E Asia. As application of synthetic molluscicides has a toxic effect on non-target organisms, hence giving rise to the need for botanical molluscicides as an alternative. As per the 2017 reports of Government of New South Wales that this snail is also a serious threat to Australia’s rice industry. Under the Biosecurity Act 2015, golden apple snail is classified as prohibited matter. The Rice Biosecurity Zone has been established for the long term management of various pests and diseases, including golden apple snail.
North America to Dominate the Market Growth
North America has the highest share in the market, accounting for around 37% of the global market share in 2017. USA dominates the North American market, with a share of around 78% by value of the total molluscicides market in North America. Molluscicides form a small but significant segment of the US pesticides market. The mollusk chemical control products available in the market are limited in number, compared to herbicides, fungicides and insecticides. The metaldehyde-based products are dominating the market and can be applied to many crops; but due to their sensitivity towards rains, they become non economical for the farmers.
Key Developments in the Market
• Oct 2017: In October 13th 2017, Bayer has signed an agreement to sell selected Crop Science businesses to BASF for EUR 5.9 billion.
• Sept 2017: On the 25th of September 2017, AMVAC Chemical Corporation acquired OHP, Inc. which is a leading provider of technology based pesticide solutions.
• Sept 2017: On12 th of September 2017, AMVAC Netherlands BV acquired Grupo Agricenter, a well-established distributor of multiple crop protection products in seven Central American and Caribbean countries.
• Jul 2017: In July 4 th 2017, Adama Agricultural Solutions acquires Hubei Sanonda Co., Ltd.
Major Key Players LONZA, CERTIS, BAYER CROPSCIENCE, AMVAC CHEMICAL CORPORATION, DOFF PORTLAND LTD, ADAMA AGRICULTURUAL SOLUTIONS
Reasons to Purchase this Report
• Identify the dominating and the fastest growing regions and their growth trends during the forecasted period.
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• To understand which product group and application is expected to dominate the market
• Get hold of the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet in excel. Customization of the Report
• Countries of client’s interest can be included in report based on feasibility of report.
• Companies of client’s interest can be included in report based on feasibility of report.
The global molluscicides market has been estimated at USD 902.99 million in 2016. The market is expected to register a CAGR of 19.63% during the forecast period, 2018 to 2023. North America accounted for the largest market, accounting for around 37% of the global market share, while Asia-Pacific was estimated to register the fastest CAGR through the forecast period, 2018-2023.
Emergence of Golden Apple Snail as a Serious Rice Pest
The golden apple snail is a fresh water snail which is one of the major rice pest in Asia & S.E Asia. As application of synthetic molluscicides has a toxic effect on non-target organisms, hence giving rise to the need for botanical molluscicides as an alternative. As per the 2017 reports of Government of New South Wales that this snail is also a serious threat to Australia’s rice industry. Under the Biosecurity Act 2015, golden apple snail is classified as prohibited matter. The Rice Biosecurity Zone has been established for the long term management of various pests and diseases, including golden apple snail.
North America to Dominate the Market Growth
North America has the highest share in the market, accounting for around 37% of the global market share in 2017. USA dominates the North American market, with a share of around 78% by value of the total molluscicides market in North America. Molluscicides form a small but significant segment of the US pesticides market. The mollusk chemical control products available in the market are limited in number, compared to herbicides, fungicides and insecticides. The metaldehyde-based products are dominating the market and can be applied to many crops; but due to their sensitivity towards rains, they become non economical for the farmers.
Key Developments in the Market
• Oct 2017: In October 13th 2017, Bayer has signed an agreement to sell selected Crop Science businesses to BASF for EUR 5.9 billion.
• Sept 2017: On the 25th of September 2017, AMVAC Chemical Corporation acquired OHP, Inc. which is a leading provider of technology based pesticide solutions.
• Sept 2017: On12 th of September 2017, AMVAC Netherlands BV acquired Grupo Agricenter, a well-established distributor of multiple crop protection products in seven Central American and Caribbean countries.
• Jul 2017: In July 4 th 2017, Adama Agricultural Solutions acquires Hubei Sanonda Co., Ltd.
Major Key Players LONZA, CERTIS, BAYER CROPSCIENCE, AMVAC CHEMICAL CORPORATION, DOFF PORTLAND LTD, ADAMA AGRICULTURUAL SOLUTIONS
Reasons to Purchase this Report
• Identify the dominating and the fastest growing regions and their growth trends during the forecasted period.
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• To understand which product group and application is expected to dominate the market
• Get hold of the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet in excel. Customization of the Report
• Countries of client’s interest can be included in report based on feasibility of report.
• Companies of client’s interest can be included in report based on feasibility of report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
