Global Pesticide Formulations Market, By Formulation Type, By Product Type, By Component, By Type, By Application, By Region, Competition Forecast and Opportunities, 2017-2027

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Executive Summary
Global pesticide formulations Market is anticipated to register growth at a formidable rate during the forecast period. The growth can be attributed to the rising demand for enhancing the yield of agricultural crops and ensuring the safe and efficient performance of pesticides. The growing need for maintaining adequate standards for chemical, physical, and biological properties to comply with FAO specifications for pesticides is increasing the demand for pesticide formulations, which is expected to increase their market growth in the coming years.

A pesticide formulation is a mixture of active ingredients, adjuvants, and inert that help to effectively control and repel pests or act as a plant regulator, desiccant, defoliant, synergist, or nitrogen stabilizer. Different kinds of pest formulations have different properties due to variability in the solubility of active ingredients for controlling pests, enhancing the shelf life of crops, improving farmers' handling, and effectiveness toward a wider variety of pests. Rising demand for crops worldwide due to the increasing global population contributes to the growing adoption of pesticide formulations, which is attributed to their growth. Market players are increasingly investing to ensure pesticide formulations' safety and efficient performance, which is expected to propel their demand in the coming years. Growing utilization of pesticides due to rising instances of pest attacks in the agricultural fields is propelling the consumption of pesticides. Chemically infused products cause land and water pollution as well as the crop itself. As people are becoming more eco-conscious, they are adopting organic pesticides and making further advancements to save crops, which is anticipated to support the growth of the global pesticide formulations market in the next five years.
The global pesticide formulations market is segmented on the basis of product type, component, type, application, regional distribution, and competitive landscape. Based on the type, the market is further divided into liquid and dry pesticide formulations. On the basis of components, the global pesticide formulations market is divided into active ingredient, solvent, and adjuvant. By application, the market is fragmented into fruits & vegetables, oilseeds & pulses, ornamental crops, and others.
Top players dominating the global pesticide formulations market include Bayer CropScience LLC, The Syngenta Group, BASF SE, UPL Limited, Rallis India Limited, ADAMA Agriculture Solutions Ltd, FMC Corporation, PI Industries Ltd., Corteva, Inc., Nagarjuna Fertilizers and Chemicals Limited, among others.

Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027

Objective of the Study:
•To analyze the historical growth in the market size of global pesticide formulations market from 2017 to 2021.
•To estimate and forecast the market size of global pesticide formulations market from 2022 to 2027 and growth rate until 2027.
•To classify and forecast global pesticide formulations market based on product type, application, fuel type, region, and competitive landscape.
•To identify dominant region or segment in the global pesticide formulations market.
•To identify drivers and challenges for global pesticide formulations market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global pesticide formulations market.
•To identify and analyze the profile of leading players operating in global pesticide formulations market.
•To identify key sustainable strategies adopted by market players in global pesticide formulations market.

Report Scope:
In this report, global pesticide formulations market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

•Pesticide Formulations Market, By Formulation Type:
oLiquid
Emulsion§
Solutions§
Suspension§
Others§
oDry
Dust§
Granules§
Pellets§
Wettable Powders§
Others§
•Pesticide Formulations Market, By Product Type:
oConcentrated Formulations
oReady to Use Formulations
•Pesticide Formulations Market, By Component:
oActive Ingredient
oSolvent
oAdjuvant
•Pesticide Formulations Market, By Type:
oHerbicide
oInsecticide
oFungicide
oOthers
•Pesticide Formulations Market, By Application:
oFruits & Vegetables
oOilseeds & Pulses
oOrnamental Crops
oOthers
•Pesticide Formulations Market, By Region:
oNorth America
United States§
Mexico§
Canada§
oEurope
France§
Germany§
United Kingdom§
Italy§
Spain§
oAsia-Pacific
China§
India§
Japan§
South Korea§
Australia§
oMiddle East & Africa
South Africa§
Saudi Arabia§
UAE§
oSouth America
Brazil§
Argentina§
Colombia§

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was not able to include the manufacturers who 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 country.
TechSci Research calculated the market size of global pesticide formulations market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types 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:
•Pesticide formulation manufacturing companies/partners
•Suppliers/Distributers
•End-Users
•Government bodies such as regulating authorities and policy makers
•Organizations, industry associations, forums and alliances related to global pesticide formulations market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.
Competitive Landscape

Company Profiles:
Detailed analysis of the major companies present in global pesticide formulations market.

Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
•Detailed analysis and profiling of additional market players (up to five).

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