Market by Type (Organochlorine, Organophosphorus, Natural Sources, and Others), by Application (Agriculture, Animal Husbandry, Industrial, and Others), by Mode of Action (Spray, Dipping Vat, Hand Dressing and Others)
According to the report Asia Pacific Acaricides Market, published by Market Data Forecast, the Market has been estimated at USD 70.04 million in 2016 and is projected to reach USD 93.74 million by 2021, at a CAGR of 6.5% during the forecast period from 2016 to 2021.
Acaricides is a type of pesticide that can kill members of arachnids mainly mites and ticks. There are various types of acaricides which includes chlorinated hydrocarbons, carbamates, organophosphates, arsenical, and synthetic pyrethroids.
Browse market data tables and in-depth TOC of the Asia Pacific Acaricides Industry to 2021 at www.marketdataforecast.com/market-…ides-market-2018/
Acaricides are also used to regulate tick and mite borne diseases.
These are extensively used in the agricultural and animal husbandry sector to save crops and cattle from infections. They are also used in animal products to secure pets such as dogs and cats from ticks and mites.
The market in Asia-Pacific is growing at a tremendous rate due to the rise in use of crop protection drugs to regulate the spread of tick and mite-borne diseases. The major growth drivers of this market are, Advancements in crop protection market and the increase in demand for crop and animal based food products.
Factors restraining the growth of this market are high price of raw materials and the stringent regulations imposed by some governments.
The Asia-Pacific Acaricides Market is segmented based on Type, Application, and Mode of Action. Based on Type, market is segmented into Organochlorine, Organophosphorus, Natural Sources, and Others.
Based on Application, market is segmented into Agriculture, Animal Husbandry, Industrial, and Others. Based on Mode of Action, market is further segmented into Spray, Dipping Vat, Hand Dressing, and Others.
Based on geography, this market is further segmented in to India, China, Japan, South Korea and Australia. India, china and japan hold the major share in this market and china holds the highest share in the market accounting for 44% of the total share regionally.
The major key players operating in this market are BASF SE, Bayer AG, FMC Corporation, DuPont, Nissan Chemical Industries. Ltd., Syngenta, Merck & Co., Inc., The Dow Chemical Company, Chemtura Corporation, Arysta Life Science Limited.
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