China Insecticides Market : A Study of the Industry’s Current Status, Market Analysis and Future Outlook

China insecticides market is expected to grow at a steady rate during the forecast period. The China insecticides market is driven by the growing need for food safety for meeting the demand of its ever-increasing population. Additionally, the Asia Pacific region has a wide climatic variation which affects agricultural productivity to a great extent thereby accelerating the use of such agrochemicals to protect plants and crops.

Furthermore, increasing incidences of crop losses due to insect and pest attacks are expected to positively impact the market growth during the forecast period. Besides, advancements in farming techniques and practices coupled with new product launches by the major players to protect the product and the crop are further expected to create lucrative opportunities for market growth through 2027. However, stringent regulatory norms set by the government on account of environmental toxicity and hazards can restrict the market growth. Furthermore, the widespread use of bioinsecticides also hampers the market growth over the next few years.

The China insecticides market is segmented based on type, product type, crop type, formulation, form, company and region. Based on type, the market can be bifurcated into synthetic insecticides and bioinsecticides. The bioinsecticides segment is expected to witness significant growth in the market during the forecast period since they are eco-friendly and pose no harm to the environment. Based on product type, the market can be categorized into pyrethroids, organophosphorus, carbamates, organochlorine, neonicotinoids and others.

The organophosphorus type segment is expected to dominate the market on account of its ease of use and cost-effectiveness. Additionally, they can be applied to a wide range of plants and crops. The pyrethroids segment is expected to register the highest growth in the market attributable to their high efficacy when used in small quantities. Hence posing no harm to the environment and human beings. Based on formulation, the market can be fragmented into wettable powder, emulsifiable concentrate, suspension concentrate, oil emulsion in water, microencapsulated suspension and granules.

The emulsifiable concentrates segment is expected to dominate the market on account of their versatility and widespread use in both agricultural and non-agricultural applications. Based on form, the market can be grouped into sprays, baits and strips. The sprays segment is expected to hold the largest market share owing to their ease of use and effectiveness. These can directly be applied on the surface of leaves.

The major players operating in the China insecticides market are ChemChina, BASF (China) Co. Ltd., Dow Chemical China Co Ltd, Bayer China Ltd., FMC Corporation, Zhejiang Heben Pesticide & Chemicals Co., Ltd., China Bessen Chemical Co., Ltd., Hangzhou Tianlong Biotechnology Co. Ltd., Kenvos, King Quenson Group and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

The objective of the Study:

• To analyze and estimate the market size of China insecticides market from 2017 to 2020.
• To estimate and forecast the market size of China insecticides market from 2021 to 2027 and the growth rate until 2027.
• To classify and forecast China’s insecticides market based on product type, type, crop type, formulation, form, company and regional distribution.
• To identify the dominant region or segment in the China insecticides market.
• To identify drivers and challenges for China’s insecticides market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in China insecticides market.
• To conduct pricing analysis in the China insecticides market.
• To identify and analyze the profile of leading players operating in China’s insecticides market.
• To identify key sustainable strategies adopted by market players in China’s insecticides market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of China’s insecticides market using a bottom-up approach, wherein data for various end-user segments was recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Insecticides manufacturers/ suppliers/ distributors
• Market research and consulting firms
• Government bodies such as regulating authorities and policymakers
• Organizations, forums and alliances related to insecticides

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them to strategize investments and capitalise on market opportunities.

Report Scope:

In this report, China insecticides market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• China Insecticides Market, By Product Type:
  • Synthetic Insecticides
  • Bioinsecticides
• China Insecticides Market, By Type:
  • Pyrethroids
  • Organophosphorus
  • Carbamates
  • Organochlorine
  • Neonicotinoids
  • Others
• China Insecticides Market, By Crop Type:
  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Others
• China Insecticides Market, By Formulation:
  • Wettable Powder
  • Emulsifiable Concentrate
  • Suspension Concentrate
  • Oil Emulsion in Water
  • Microencapsulated Suspension
  • Granules
• China Insecticides Market, By Form:
  • Sprays
  • Baits
  • Strips
• China Insecticides Market, By Region:
  • South-Central
  • South-West
  • East
  • North-East
  • North-West
  • North

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in China’s insecticides market.