Insect Growth Regulators Market To Be Driven By The Rising Organic Farming In The Forecast Period Of 2021-2026 Agriculture And Farming

The new report by Expert Market Research titled, ‘Global Insect Growth Regulators Market Size, Report and Forecast 2021-2026’, gives an in-depth analysis of the global insect growth regulators market, assessing the market based on its segments like product, form, application, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Insect Growth Regulators Market

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The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 866 Million
  • Forecast CAGR (2021-2026): 6.2%
  • Forecast Market Size (2026): USD 1,242 Million

Pest resistance to repeated use of synthetic pesticides, combined with increased awareness of pesticides’ detrimental impact on arable land and human health, is driving up sales of IGRs around the world. The adoption of environmentally friendly crop production products is increasing, which is driving up IGR sales because they are so easy to use on crops like cotton, wheat, tomatoes, and maize. Due to their high efficiency, there is a considerable increase in the application of IGRs across agriculture, residential, and commercial sectors.

This, along with the growing adoption of organic farming methods worldwide, is also contributing to the growth of the market. In addition, unlike liquid insect growth inhibitors, an aerosol is easy to clean and leaves no residue. The capacity of aerosol insect growth regulators to reach difficult-to-reach places and kill insects makes them a viable option for application, boosting market growth.

Industry Definition and Major Segments

Insect growth regulators are chemicals that prevent insects from growing and developing. It is used to interrupt the life cycle of pest insects by preventing them from reaching maturity and thereby preventing them from reproducing.

Insects develop resistance to pesticides, so farmers apply broad-spectrum insecticides, which eventually lose their effectiveness. As a result, farmers are turning to insect growth regulators instead of broad-spectrum insecticides.

Explore the full report with the table of contents@

The market can be broadly categorised on the basis of products into:

  • Chitin Synthesis Inhibitors
  • Juvenile Hormone Agonists
  • Ecdysone Antagonists
  • Ecdysone Agonists

The major forms of insect growth regulators are as follow:

  • Aerosol
  • Liquid
  • Bait

The various applications of insect growth regulators are as follow:

  • Agriculture
  • Residential
  • Commercial

On the basis of region, the industry is divided into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The market is expected to rise due to factors such as rising environmental concerns and increased awareness about professional pest control services. The application of IGRs does not lead to harmful effects on advantageous soil microbes, animals, and humans. Numerous advantages of IGRs, such as the lesser harmful impact on the environment and enhanced compatibility with pest management practices, make them attractive alternatives to several insecticides.

Farmers are now using organic variations of insect growth regulators to restrict insect development, due to a rise in pest population and growing awareness about the damaging effects of insecticides on the environment. Also, rising worries about environmental toxicity and mammalian safety drive demand for biodegradable product variants, boosting market expansion. Insect growth regulators are expected to grow as a result of increased acceptance of current technology, rising demand for organic food, and non-toxic pest treatment. Insect growth regulators are gaining popularity due to their ease of usage.

Key Market Players

The major players in the market are OHP, Inc., Syngenta AG, Corteva Agriscience, McLaughlin Gormley King Company, Nufarm Limited, and Control Solutions, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us : 

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact : 

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA

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