Market Size of Europe Acaricides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Acaricides Market Analysis
The European acaricides market is projected to register a CAGR of 5.2% during the forecast period 2020-2025. The European region is one of the major markets for acaricides, and the market here is projected to grow at a higher rate as compared to that in the other countries. Acaricides are a kind of insecticides that form a necessary part of the crop protection chemical industry. These are manufactured and used for controlling various species of arthropod pests, heavily occurring in plant and animal bodies. These products are one of the cornerstones of an efficient control program for phytophagous mites in Europe. Mites survive in dry weather and with an increase in the global temperatures, mites have found their way as an important pest. The Acaricides Market is projected to grow at a fast pace on account of the increasing incidences of prolonged dry spells.
Europe Acaricides Industry Segmentation
Mites are important pests in agriculture, not only because of the damage that they cause to crops by themselves but also because of their role as a vector of viral diseases. Acaricides are crop protection chemicals used to control mites. The Europe Acaricides Market is segmented by Type into Organophosphates, Carbamates, Organochlorines, Pyrethrins, Pyrethroids. and Others, by Application into Spray, Dipping Vat, Hand Dressing, and Others in the countries like the United Kingdom, France, Germany, Spain, Italy, Russia, and Rest of Europe.
| Application | |
| Organophosphates | |
| Carbamates | |
| Organochlorines | |
| Pyrethrins | |
| Pyrethroids | |
| Other Chemical Types |
| Type | |
| Spray | |
| Dipping | |
| Hand Dressing | |
| Other Applications |
| Geography | |
| Italy | |
| Russia | |
| United Kingdom | |
| Germany | |
| Spain | |
| Rest of Europe |
Europe Acaricides Market Size Summary
The European acaricides market is experiencing significant growth, driven by the increasing need for effective crop protection solutions amid rising global temperatures and prolonged dry spells. Acaricides, a subset of insecticides, play a crucial role in managing arthropod pests, particularly phytophagous mites, which thrive in dry conditions. The demand for these products is further fueled by the necessity to enhance agricultural productivity to meet the needs of a growing population, coupled with the challenges of decreasing arable land and the push towards sustainable farming practices. Technological advancements are expected to enhance the manufacturing processes of acaricides, supporting the adoption of efficient crop-protection techniques as urbanization continues to rise.
The market is also witnessing a shift towards organic and biobased acaricides, driven by the increasing area of organic farmland in Europe and the region's strong support for organic farming. Products like "ESTEN 80," a bio-based acaricide, are gaining popularity due to their biodegradable properties and safety advantages. The development of such products is less time-consuming and cost-effective compared to traditional chemical pesticides, making them an attractive option for farmers. The European acaricides market is fairly consolidated, with major players like BASF SE, UPL, and Bayer Ag dominating the landscape, while also seeing participation from smaller local players. This competitive environment is fostering rapid product innovation and expanding retail availability of acaricides products across the region.
Europe Acaricides Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porters Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Application
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2.1.1 Organophosphates
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2.1.2 Carbamates
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2.1.3 Organochlorines
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2.1.4 Pyrethrins
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2.1.5 Pyrethroids
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2.1.6 Other Chemical Types
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2.2 Type
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2.2.1 Spray
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2.2.2 Dipping
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2.2.3 Hand Dressing
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2.2.4 Other Applications
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2.3 Geography
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2.3.1 Italy
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2.3.2 Russia
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2.3.3 United Kingdom
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2.3.4 Germany
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2.3.5 Spain
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2.3.6 Rest of Europe
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Europe Acaricides Market Size FAQs
What is the current Europe Acaricides Market size?
The Europe Acaricides Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)
Who are the key players in Europe Acaricides Market?
Nissan Chemical Industries Ltd, BASF SE, FMC Corporation, Syngenta and Bayers Cropscience are the major companies operating in the Europe Acaricides Market.
