Larvicides - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Larvicides market is accounted for $719.7 million in 2017 and is expected to reach $1196.1 million by 2026 growing at a CAGR of 5.8%. Factors such as vector-based outbreaks, climatic changes, the raise in pest population, increase in awareness about IPM practices & environmental sustainability and growing implementation of biological & physical control methods are driving the market growth. However, high costs associated with larval control methods and larval resistance to commonly used insecticides are some of the factors hampering the market.
By control method, Bio control agents such as Bacillus sphaericus (Bs) have a steady growth due to confirmed to be effective for larval control, and are protected to the environment, owing to the quick knockdown of pests, no cross-resistance with traditionally used pesticides. Based on target, mosquitoes segment has a significant growth due to the climate changes caused by global warming and disease outbreaks such as the Zika fever to the expansion of the mosquito population. These concerns are expected to strengthen the performance of mosquito control programs and the usage of larvicides.
Based on Geography, North America is estimated as the largest consumer due to the presence of many multinational and national companies in the region. Integrated Mosquito Management (IMM) conception is generally used for controlling mosquitoes. The market in the US and Canada are significantly huge owing to effective execution of surveillance and vector control programs, which limit the endemic transmission of diseases such as malaria and dengue fever. Asia Pacific region is projected to grow at the highest CAGR due to spread of mosquito-borne diseases, high rate of urbanization, and raise in public intolerance to pests.
Some of the key players profiled in the Larvicides market are Bayer AG, Gowan Company, Nufarm Limited, Babolna-Bio, Kadant GranTek, Bayer Environmental Science, BASF SE, ADAMA Agricultural Solutions Ltd., Central Garden & Pet Company, Russell Ipm Ltd, Babolna-Bio, MGK, Eli Lilly and Company, Sumitomo Chemical Co., Ltd. and Certis USA LLC.
Control Methods Covered:
• Bio control Agents
• Insect Growth Regulators
• Chemical Agents
• Other Control Methods
• Other Targets
• Public Health
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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