Metaldehyde Market Growing at 1.4% CAGR Will Hit 38 Million US$ in 2025
Los Angeles, CA -- (SBWire) -- 04/19/2019 --Metaldehyde is an organic compound with the formula (CH3CHO)4. It is commonly used as a pesticide against slugs, snails, and other gastropods. It is the cyclic tetramer of acetaldehyde.
Metaldehyde is an organic compound with the formula (CH3CHO)4. It is commonly used as a pesticide against slugs, snails, and other gastropods. It is the cyclic tetramer of acetaldehyde. World sales of metaldehyde reached 3820 MT in 2015, which mainly concentrated in EU, China, USA and Southeast Asia. The price of metaldehyde was around 8000~9000 USD/MT in 2015, with little raising year by year.
The raw materials of metaldehyde are acetaldehyde and sulfuric acid. Among metaldehyde producers, only Lonza is capable of producing metaldehyde by itself. Currently, only four companies are capable of producing metaldehyde as active ingredient to apply as molluscicide, which are Lonza, Xuzhou Nuote, Xuzhou Shennong and Haimen Zhaofeng. Lonza is the sole producer in EU, while the other three companies are located in China The major producer-Lonza, has more than 80 years' experience in this field. The second largest producer- Xuzhou Nuote has also spent more than 10 years to develop their product. The high technical barrier is the main factor that limits other companies to enter into this market.
The global Metaldehyde market was 34 million US$ in 2018 and is expected to 38 million US$ by the end of 2025, growing at a CAGR of 1.4% between 2019 and 2025.
This report studies the Metaldehyde market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Metaldehyde in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Lonza
Xuzhou Nuote
Xuzhou Shennong
Haimen Zhaofeng
By the product type, the market is primarily split into
99% Metaldehyde
98% Metaldehyde
By the end users/application, this report covers the following segments
Agricultural
Gardening
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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