Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 372.56 Million | USD 567.6 Million | 4.3% | 2024 |
FrequentlyAsked Questions
Chemicals called acaricides are used to eradicate ticks and mites. Additionally, they help to increase productivity by maintaining the health and disease-free status of the crops and animals. Some acaricides contain carbamates, arsenic, synthetic pyrethroids, chlorinated hydrocarbons, and organophosphates. Several varieties of acaricides exist depending on the proportion of various chemicals, including chlorine, zinc, phosphorous, and tin. Acaricides can also be produced using natural ingredients, including damaged corn, clove, and neem.
The global acaricides market is expected to grow due to increasing need for enhanced crop productivity and food security due to a rising global population, growing concerns over tick and mite infestations in both agriculture and animal husbandry, and increasing demand for sustainable and bio-based pest control.
According to a study, the global acaricides market size was worth around USD 372.56 Million in 2024 and is expected to reach USD 567.6 Million by 2034.
The global acaricides market is expected to grow at a CAGR of 4.3% during the forecast period.
Asia-Pacific is expected to dominate the acaricides market over the forecast period.
Leading players in the global acaricides market include Syngenta, The Dow Chemical Company, DuPont, BASF SE, FMC Corporation, Arysta LifeScience Limited., Bayer AG, Merck & Co., Inc., Nissan Chemical Industries. Ltd., Chemtura Corporation, among others.
The report explores crucial aspects of the acaricides market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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