Portland, OR -- (SBWIRE) -- 08/17/2017 -- Buprofezin is an insect growth regulator effective against insects that suck plant sap, such as whiteflies. It is a new generation insecticide, which provides stable control of Brown Plant Hopper (BPH), inhabiting chitin biosynthesis, and molting of nymphs.

Buprofezin is replacing conventional broad-spectrum insecticides in many cropping systems around the world owing to activity against sucking pests and selectivity to almost all key beneficial insects.

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The extended residual life, resistance to degradation, and selectivity towards beneficial insects boost the growth of the buprofezin market. The development of resistance among insects due to misuse and environmental restraints on the use of insecticides hamper the growth of this market.

Based on crop type, it is divided into cereals & grains, fruits & vegetables, and others. On the basis of pest, the market is categorized into planthoppers, nephotettix & nilaparvata & thrips, nilaparvata & sogatella, scales, others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

In 2016, Europe occupied the highest market share, followed by North America, owing to the growing demand for less toxic insecticides. Europe is expected to dominate the global market by 2023, and it witnesses substantial growth in different agricultural countries such as, Italy, France, and Spain.
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The significant players in the global buprofezin market have strategically focused on product launch as their key strategy to gain significant market share:

- Agro-Star Biochemical
- Bailing Agrochemical
- Dow AgroSciences
- JiangSu Sevencontinent Green Chemical
- Kenvos
- Nihon Nohyaku Co., Ltd.
- Canary Agro Chemicals Private Limited
- Jiangsu Fengshan Group Co., Ltd.
- Dalian Winyard Chemical Co., Ltd.
- Zhejiang Longwan Chemicals

Key Benefits

- This report provides an extensive analysis of the current trends, emerging estimations, and dynamics in the buprofezin market.

- In-depth analysis of the market is conducted and estimations for key segments between 2015 and 2023 are provided.

- Global industry analysis for factors that drive and restrain the growth of the market are provided.

- The buprofezin market share for all segments with respect to geography is detailed in the report.

- Key market players are profiled and their strategies are analyzed thoroughly, which provide a competitive outlook of the industry trends.

Buprofezin Market Key Segments:

By Formulation

- Wettable Powder
- Emulsifiable Concentrate
- Water Dispersible Granules
- Suspension Concentrate
- Drift Less formulation
- Others

By Crop Type

- Cereals & Grains
- Fruits & Vegetables
- Others

By Pest

- Planthoppers
- Nephotettix & Nilaparvata & Thrips
- Nilaparvata & Sogatella
- Scales
- Others

By Geography

- North America
o U.S.
o Canada
o Mexico
- Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Rest of Asia-Pacific
- LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

*Other players in the value chain include:

- Jiangsu Pesticide Research Institute Company Ltd.
- Shanghai Sunwise Chemical Co., Ltd.
- Wuhan Chuangshu E-Commerce Co., Ltd.
- Hebei Bestar Commerce and Trade Co., Ltd.
- Shanghai Bosman Industrial Co., Ltd.
- Canary Agro Chemicals Private Limited
- BOF Agrochemical Co., Ltd.
- Shijiazhuang Yibell Technology Co., Ltd.
- Bhagiradha Chemicals & Ind. Ltd.