Pesticide Inert Ingredients Market Size, Deep Analysis, Growth Statistics, Share, Trends And Forecast To 2033

The new report published by The Business Research Company, titled Pesticide Inert Ingredients Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the pesticide inert ingredients market size has grown strongly in recent years. It will grow from $4.83 billion in 2023 to $5.22 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The pesticide inert ingredients market size is expected to see strong growth in the next few years. It will grow to $6.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.

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Rising Pesticide Adoption Fuels Growth In Pesticide Inert Ingredients Market
Growing adoption of pesticides is expected to propel the growth of the pesticide inert ingredients market going forward. Pesticides can be defined as a substance that is used for killing, preventing, reducing, or repelling various pests. Pesticide-inert ingredients are combined with various active ingredients to make pesticides which are used to extend the shelf life of pesticide products. For instance, in July 2022, according to a report published by the Food and Agriculture Organization, an Italy-Based organization of the United Nations, total pesticides used globally in 2021 were approximately 3.54 million metric tons, which is a 4% from 2.7 million metric tons in 2020. Therefore, the growing adoption of pesticides will drive the pesticide inert ingredients market.

Technological Advancements Transforming The Landscape Of Pesticide Inert Ingredient Market
Technological advancements are a key trend in the pesticide inert ingredient market. Major companies in the pesticide inert ingredients market are focused on developing innovative technologies to sustain their position in the market. For instance, in November 2021, Syngenta AG, a Switzerland-based agrichemical company, launched a new technology, PLINAZOLIN, which is an active pesticide ingredient with an innovative mode of action for effective insect control. PLINAZOLIN technology will offer insect control on stinkbugs, mites, thrips, caterpillars, flies, and beetles for more than 40 different crops, including cotton, soybean, corn, rice, coffee, and a variety of fruits and vegetables. The technology may also be applied as a seed treatment and in forestry and professional pest management programs. This new technology will set a new standard of performance and protect the crops from various pests.

The pesticide inert ingredients market covered in this report is segmented -

1) By Type: Emulsifiers, Solvents, Carriers, Other Types
2) By Source: Synthetic, Bio-based
3) By Form: Dry, Liquid, Other Forms
4) By Pesticide Types: Insecticides, Herbicides, Fungicides, Rodenticides, Other Pesticide Types

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Major companies operating in the pesticide inert ingredients market report are BASF SE, Clariant Specialty Chemicals, Croda International plc, DowDuPont Inc., Eastman Chemical Company, Huntsman International LLC, LyondellBasell Industries Holdings B.V., Solvay SA, Stepan Company, Evonik Industries AG, Akzo Nobel NV, Shell plc, Chromatech Inc., Parry America Inc., Royal Dutch Shell plc, Avril Group Scr, Kao Corporation, Lonza Group Ltd., Innospec Inc., Ashland Global Holdings Inc., Vertellus Holdings LLC, Pilot Chemical Corp., Innophos Holdings Inc., Fina Oleochemicals, 3M Company, Abbott Laboratories, Aceto Agricultural Chemicals Corporation, Bayer AG, ABC Compounding Co. Inc., Syngenta AG

Contents of the report:
1. Executive Summary
2. Pesticide Inert Ingredients Market Report Structure
3. Pesticide Inert Ingredients Market Trends And Strategies
4. Pesticide Inert Ingredients Market - Macro Economic Scenario
5. Pesticide Inert Ingredients Market Size And Growth
…..
27. Pesticide Inert Ingredients Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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