FMI’s New Report, titled, “Carbamate Insecticides Market: Global Industry Analysis and Opportunity Assessment 2016-2026” offers 10-year forecast and analysis.
Valley Cottage, NY -- (SBWIRE) -- 06/10/2016 -- Carbamate insecticides are a broad category of insecticides which are commonly used to kill small animals. They find their frequent applications as household, garden, and farm insecticides. Insecticides such as aldicarb, carbaryl, methomyl, carbofurans etc. are classified as carbamate insecticides. They are used on a range of agricultural and horticultural crop varieties. They are also used as surface sprays or baits for controlling household pests. They kill the insects by poisoning their central nervous system. Carbamate insecticides are used against a variety of nematodes, insects and aphids. The carbamate insecticides break down in the environment in a short span, however they cause bio accumulation in water resources.
When carbamate insecticides are applied in the soil, plants absorb these water soluble materials along with the water. The insecticide moves throughout the plant organism as the plant take in water, killing various insects that feed on these plants. New and improved variants of these insecticide are introduced in the market from time to time in order to overcome the resistance build up in insects.
Growth in crop consumption and increasing awareness among crop producers and other end-users to save their product output and ambience from these harmful insects is expected to boost the global carbamate insecticides market over the forecast period of 2016-2026.
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Drivers and Restraints
The growing concern among consumers in the usage of agrochemicals to protect the crops from insects and pest infestation is expected to drive the carbamate insecticides market globally. Growing population and shrinking arable land further necessitates the use of insecticides to prevent spoilage of the food crops. However, toxicity concerns among consumers regarding the usage of carbamate insecticides are expected to work as the restraining factor for the market growth of these products. Through intensive R&D, new bio based variants of carbamate insecticides are expected to be introduced in the market over the coming years. This, in turn, is expected to create significant areas of opportunity for the carbamate insecticides market growth over the forecast period.
The global carbamate insecticides market is segmented on the basis of type, end-use and mode of application. By type, the carbamate insecticides market is segmented as the following:
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By end-use, the carbamate insecticides market is segmented as the following:
By mode of application, the carbamate insecticides market is segmented as the following:
Regionally, the carbamate insecticides market is segmented into seven key regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa and Japan.
The insects which are controlled by carbamate insecticides are found primarily in the vicinity of sugarcane, cocoa, potato and onion crop plants. The use of carbamate insecticides is therefore widespread in regions producing these crop plants, such as Latin America, China and the Indian sub-continent. Major countries which use amino formate insecticides are Brazil, Argentina, China and Russia etc. The use of this chemical as an insecticide is highly regulated in Europe and the U.S.
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The major players reported in this study of carbamate insecticides market include - Bayer AG, DuPont, Syngenta, BASF, Fine Holdings Ltd, Drexel Chemical Co, FMC Corp, Dow Chemical Co, Agrium Inc, Gowan Co LLC, Monsanto Co, Lebanon Seaboard Corp, Mitsui & Co Ltd, Valent USA Corp, Winfield Solutions LLC, Sumimoto Chemical Co Ltd and Nufarm Ltd etc.