LONDON, Nov. 20, 2014 /PRNewswire/ -- The global insecticides market is flourishing due to the increasing pressure of meeting the food requirement of the ever-increasing population and the reducing size of arable land. Farmers want to reduce their losses in order to increase crop yield and increase profitability. Insecticides help to kill and inhibit the growth of insects that adversely affect crops, while being totally harmless to non-target organisms. These benefits of insecticides are driving their demand in the agrochemical industry. Organophosphorus compounds, pyrethroids, and neonicotinoids are amino acids, of which organophosphorus compounds are the most dominant insecticides. The market for neonicotinoids is smaller as compared to organophosphorus and is projected to grow at a CAGR of 4.2% from 2014 to 2019.
The insecticides market is projected to reach a value of $16,436 million by 2019. This report analyzes the market with respect to the main geographical regions. It provides a comprehensive analysis of the insecticides market. The insecticides market is categorized by type, by crop type, and geography.
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