Shandong Luba Chemical Co.,Ltd
Beijing Multigrass Formulation Co., Ltd.

The global slow & controlled release pesticides market to grow at a CAGR of 7.3% from 2017 to 2025qrcode

Sep. 22, 2017

Favorites Print Sep. 22, 2017
The global slow & controlled release pesticides market size was USD 1.7 billion in 2016 and is anticipated to grow at a CAGR of 7.3% from 2017 to 2025. The limited arable land area and rising demand for food by growing population is expected to drive the segment growth in the forecast period.

The slow and controlled release formulation of pesticides consist of retarding biological agents which release their constituents in to the surroundings over a defined period. These agents are bound chemically and physically in a polymer mix by using various techniques. The different systems to incorporate this formulation includes migration control by membranes, migration control without membranes, laminate system, monolithic systems.

The herbicides segment is likely to be the most dominating pesticides-type from 2016 to 2025. The herbicides are expected to grow from 39.6% in 2016 to 40.2% by 2025. The growth is primarily supported by the demand from the agriculture industry. The herbicides segment is likely to be driven by its increasing usage in the developing nations. The growth in population coupled with rising awareness for healthy diet is anticipated to be among the major drivers for advancing herbicides segment.

The market for slow and controlled release pesticides by the application is segmented into agriculture and other sectors. The agriculture sector is anticipated to dominate the industry with the primary share of 61.8% in 2016 and is expected to increase its share to 62.7% by 2025. Furthermore, the growing population coupled with swiftly rising urbanization is likely to strain the food resources. To counter this challenge, crop yield is likely to be increased with the use of biotech crops and growth enabling chemicals.

The North America region is likely to dominate the market for slow and controlled released pesticides from 2017 to 2025. High agricultural productivity output is likely to create a constant demand for the slow and controlled release formulation. The North America region is anticipated to be followed by APAC, Europe, CSA, and MEA. However, the strongest growth concerning CAGR is likely to be recorded in the APAC and CSA region respectively.

The market is moving towards consolidation. Major players are implementing growth-through-acquisition strategy to increase their presence. The key players of the industry compete at global level to increase their industry presence. The merger of top players in the industry is likely to result in oligopoly trade practice in the coming years.

The sector is observing rise in strategic mergers among key industry players. For instance, the key mergers of slow and controlled release pesticides industry include merger of Dow and DuPont, Bayer and Monsanto, and Syngenta and ChemChina.

Join Discussion


United States

Picture 0/1200

More from AgroNews

Sichuan Lomon Bio Technology Co., Ltd.


  • Chinese issue of 2018 Market Insight 2018 Market Insight
  • Chinese issue of 2018 CRO & CRAO Manual 2018 CRO & CRAO Manual
  • 2018 India Pesticide Suppliers Guide 2018 Latin America Focus


Picture 0/1200

Subscribe to daily email alerts of AgroNews.