Microencapsulated Pesticides Market - Forecast(2021 - 2026)

Report Code: AGR 96719 Report Format: PDF + Excel (Delivery in 48 Hrs)

Microencapsulated Pesticides Market Overview

Microencapsulated Pesticides Market size is forecast to reach $732.9 million by 2025, after growing at a CAGR of 13.1% during 2020-2025. Convenient use and precise monitoring of the condition when the active ingredient is released is one of the major factors driving the growth of the demand for microencapsulated pesticides over the estimated time frame. Microcapsules provide many advantages, such as the conversion of liquids into solids, environmental protection, isolation of reactive compounds, and superior properties in material handling. Usual pesticides are considered harmful to the skin, while microencapsulated formulations are safer in comparison and are therefore favored by end-users over other formulations, which is why the growth of the molluscicides industry is expected to rise in the forecast era.

Microencapsulated Pesticides Market Report Coverage

The: “Microencapsulated Pesticides Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Microencapsulated Pesticides Industry.
By Type: Insecticides, Herbicides, Fungicides, Rodenticides, Nematicides, Termiticides, Acaricides and Others
By Technology: Physical, Physico-Chemical, and Chemical
By Application: Agriculture and Non-Agriculture
By Geography: North America, South America, Asia Pacific, Europe, and Middle East & Africa 

Key Takeaways

  • The microencapsulated pesticide is used by spray technology, where spray drying is commonly used because of its function of turning the liquid product into dry powdered particles. This spray technology is a cost-effective technique that is seeing a worldwide rise in demand.
  • Constant population growth has led to increased demand, which has in turn increased food demand. For instance, according to the Population Reference Bureau report the world population is estimated to reach up to 9.8 billion by the end of 2050, which will drive the market for encapsulated pesticides in the forecast period.
  • Growing the pests that have resulted in large-scale crop destruction and continual technical advancements has culminated in a rise in the demand for microencapsulated pesticides over the projected timeframe.
  • Due to the COVID-19 pandemic, industries are being lockdown and also raw material is not being supplied for manufacturing goods as a result to which the market is being highly affected across the globe worldwide.


Microencapsulated Pesticides Market Segment Analysis - By Type

The insecticides segment is the dominant segment in the microencapsulated pesticide market. Insecticides are used for various tasks, such as gels, sprays, or baits. They are useful in the fields of forestry, agriculture, and public health. Global climate change has sparked the production of pests. These pests and insecticides are used to secure the crop where they serve as a deterrent to pests and insects. Cereals and grains are mainly used for insecticides and herbicides. The product portfolio of major companies involved in the pesticide industry has concentrated mostly on the production of formulations for microencapsulated insecticides. According to the Simmons National Consumer Survey (NHCS) 188.66 million Americans used insecticides in 2018 which is expected to rise to 193.57 million by 2020. The growth of pests and insects is expected to drive the insecticides segment over the forecast period.

Microencapsulated Pesticides Market Segment Analysis - By Technology

Chemical technology is widely used in the microencapsulated pesticide market. The chemical method is based on reactions to the chemical. Some of the common chemical methods used in chemical technology are interfacial polymerization, in situ polymerization, and piercing-solidifying. Due to the wide use of interfacial polymerization for the commercialization of the encapsulated pesticides, chemical processing technology is projected to rise at the highest CAGR during the forecast era. Chemical technology is also less costly and, as compared with other technologies, which allows large-scale development. 

Microencapsulated Pesticides Market Segment Analysis - By Application

Agriculture sector held the largest share in the microencapsulated pesticide market in 2019 and is projected to grow at a CAGR of 8.9% during the forecast period 2020-2025. Compared to traditional formulations such as emulsifiable concentrates and suspension concentrates, the growing market for microencapsulated pesticides allows reducing the application rate by 10-15 times. Leaching, evaporation, and degradation losses can be caused by the direct application of non-microencapsulated pesticides. Microencapsulated pesticides are therefore preferred more in agriculture, as they provide protection from direct interaction with the environment for the pesticide molecules. Regulated release of pesticides by microencapsulation enhances efficiency. It is an effective method for reducing environmental and health risks and Maximum Residue Level issues in agricultural products that are exported. We can reduce soil infertility using these pesticides by targeting pests which can improve the market growth.

Microencapsulated Pesticides Market Segment Analysis - By Geography

The Asia Pacific region held the largest share with 38.5% in the microencapsulated pesticides market. The food & agriculture industry is one of the region's main contributors to the economies. Rising demand for food products is expected to drive revenue growth for microencapsulated pesticides in the Asia Pacific due to the increasing population coupled with favorable government policies regarding pesticide consumption.  According to the Worldometer, the consumption of pesticides in 2017 for China, Australia, India, Japan, and South Korea was accounted to be 1,763,000 tons, 63,416 tons, 52,750 tons, 52,249 tons, and 20,043 tons respectively. In May 2019, under the GEF 7-agriculture chemicals program, FAO India conducted a national consultation child project on "extremely dangerous pesticide use in agriculture and strategy to tackle their residual effects".  In collaboration with the GEF Secretariat, the FAO is in the process of developing a global agricultural chemicals project to replace persistent organic contaminants (POPs) and highly hazardous pesticides (HHPs) used in the global food supply chain, besides the disposal of obsolete pesticides and the disposal of toxic plastics used in agriculture.

Microencapsulated Pesticides Market Drivers

Increasing Innovation in Pesticide Formulations

For manufacturers, who benefit from the economic opportunity associated with pesticide sales, as well as other stakeholders concerned with the environmental impacts caused by pesticide use, advances in pesticide formulation are important. Nanosized encapsulated pesticides provide a wide variety of improved functionality, including controlled release and improved efficacy. The analytical and toxicological effects of encapsulation are uncertain, given the existence of nanosized capsules in current-use pesticide formulations. Among the creative formulations on the market, encapsulated pesticides give a number of attractive features including decreased human exposure to active ingredients, managed release, longer residual concentrations, removal of organic solvents, and improved efficacy. Encapsulation techniques use a three-dimensional membrane that surrounds active ingredients, shielding them from direct contact with the chemical environment around them.

Microencapsulated Pesticides Market Challenges 

The high production cost of microencapsulated pesticides

The cost of microencapsulation can vary greatly, and depends largely on the technique employed. Some techniques require specialized equipment, whereas others do not. Some methods have used costly chemicals for procedures, while others have used very cheap materials. The heat-involving processes are often more expensive than those not. Continuous phase removal to produce a "dry" product would require an additional processing step adding to the cost. Some goods, particularly those of high value or low volume, can absorb such an increased cost better. It is important to employ one of the cheaper techniques to encapsulate high volume products or those which generate a low-profit margin economically.

Microencapsulated Pesticides Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the microencapsulated pesticides market. In 2019, the market of microencapsulated pesticides has been consolidated by the top five players accounting for xx% of the share. Major players in the microencapsulated pesticides market are Syngenta, BASF, Bayer AG, FMC Corporation, Monsanto, ADAMA Agricultural Solutions Ltd., FMC Corporation, ECOSAFE Natural Products Inc., Reed Pacific Pty Limited, GAT Microencapsulation, and Belchim Crop Protection among others.

Acquisitions/Technology Launches

  • In December 2016, Belgian company Belchim Crop Protection has purchased the agrochemical firm Engages Agro USA, LLC of America.
1. Microencapsulated Pesticides Market - Market Overview
    1.1 Definitions and Scope
2. Microencapsulated Pesticides Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Type
    2.3 Key Trends by Technology
    2.4 Key Trends by Application
    2.5 Key Trends by Geography
3. Microencapsulated Pesticides Market - Landscape
    3.1 Comparative analysis
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Microencapsulated Pesticides Market - Startup companies Scenario Premium Premium 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Microencapsulated Pesticides Market – Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Microencapsulated Pesticides Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Microencapsulated Pesticides Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Microencapsulated Pesticides Market - By Type (Market Size -$Million)
    8.1 Insecticides
    8.2 Herbicides
    8.3 Fungicides
    8.4 Rodenticides
    8.5 Nematicides
    8.6 Termiticides
    8.7 Acaricides
    8.8 Others
9. Microencapsulated Pesticides Market – By Technology (Market Size -$Million)
    9.1 Physical
        9.1.1 Spray Drying
        9.1.2 Others
    9.2Physico-Chemical
        9.2.1 Coacervation
        9.2.2 Others
    9.3Chemical
        9.3.1 Interfacial Polymerization
        9.3.2 Others
10. Microencapsulated Pesticides Market – By Application (Market Size -$Million)
    10.1 Agriculture
        10.1.1 Grains & Cereals
        10.1.2 Fruits & Vegetables
        10.1.3 Pulse & Oil Seed
        10.1.4 Plantation Crops
        10.1.5 Others
    10.2 Non-Agriculture
        10.2.1 Industrial & Commercial
        10.2.2 Residential
        10.2.3 Livestock
11. Microencapsulated Pesticides Market - By Geography (Market Size -$Million)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Colombia
        11.2.4 Chile
        11.2.5 Rest of South America
    11.3 Europe
        11.3.1 U.K
        11.3.2 Germany
        11.3.3 Italy
        11.3.4 France
        11.3.5 Spain
        11.3.6 Netherlands
        11.3.7 Russia
        11.3.8 Belgium
        11.3.9 Rest of Europe
    11.4 Asia Pacific
        11.4.1 China
        11.4.2 India
        11.4.3 ANZ
        11.4.4 Japan
        11.4.5 South Korea
        11.4.6 Rest of Asia Pacific
    11.5 ROW
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 UAE
            11.5.1.3 Israel
            11.5.1.4 Rest of Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of South Africa
12. Microencapsulated Pesticides Market - Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. Market Share Analysis Premium
    13.1 Market Share by Country- Top companies
    13.2 Market Share by Region- Top companies
    13.3 Market Share by type of Product / Product category- Top companies
    13.4 Market Share at global level- Top companies
    13.5 Best Practices for companies
14. Microencapsulated Pesticides Market - List of Key Companies by Country Premium 
15. Microencapsulated Pesticides Market - Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Microencapsulated Pesticides Market By Type Market 2019-2024 ($M)
1.1 Insecticides Market 2019-2024 ($M) - Global Industry Research
1.2 Herbicides Market 2019-2024 ($M) - Global Industry Research
1.3 Fungicides Market 2019-2024 ($M) - Global Industry Research
1.4 Rodenticides Market 2019-2024 ($M) - Global Industry Research
2.Global Microencapsulated Pesticides Market By Technology Market 2019-2024 ($M)
2.1 Physical Market 2019-2024 ($M) - Global Industry Research
2.1.1 Spray Drying Market 2019-2024 ($M)
2.2 Physico-Chemical Market 2019-2024 ($M) - Global Industry Research
2.2.1 Coacervation Market 2019-2024 ($M)
2.3 Chemical Market 2019-2024 ($M) - Global Industry Research
2.3.1 Interfacial Polymerization Market 2019-2024 ($M)
3.Global Microencapsulated Pesticides Market By Type Market 2019-2024 (Volume/Units)
3.1 Insecticides Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Herbicides Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Fungicides Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Rodenticides Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Microencapsulated Pesticides Market By Technology Market 2019-2024 (Volume/Units)
4.1 Physical Market 2019-2024 (Volume/Units) - Global Industry Research
4.1.1 Spray Drying Market 2019-2024 (Volume/Units)
4.2 Physico-Chemical Market 2019-2024 (Volume/Units) - Global Industry Research
4.2.1 Coacervation Market 2019-2024 (Volume/Units)
4.3 Chemical Market 2019-2024 (Volume/Units) - Global Industry Research
4.3.1 Interfacial Polymerization Market 2019-2024 (Volume/Units)
5.North America Microencapsulated Pesticides Market By Type Market 2019-2024 ($M)
5.1 Insecticides Market 2019-2024 ($M) - Regional Industry Research
5.2 Herbicides Market 2019-2024 ($M) - Regional Industry Research
5.3 Fungicides Market 2019-2024 ($M) - Regional Industry Research
5.4 Rodenticides Market 2019-2024 ($M) - Regional Industry Research
6.North America Microencapsulated Pesticides Market By Technology Market 2019-2024 ($M)
6.1 Physical Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Spray Drying Market 2019-2024 ($M)
6.2 Physico-Chemical Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Coacervation Market 2019-2024 ($M)
6.3 Chemical Market 2019-2024 ($M) - Regional Industry Research
6.3.1 Interfacial Polymerization Market 2019-2024 ($M)
7.South America Microencapsulated Pesticides Market By Type Market 2019-2024 ($M)
7.1 Insecticides Market 2019-2024 ($M) - Regional Industry Research
7.2 Herbicides Market 2019-2024 ($M) - Regional Industry Research
7.3 Fungicides Market 2019-2024 ($M) - Regional Industry Research
7.4 Rodenticides Market 2019-2024 ($M) - Regional Industry Research
8.South America Microencapsulated Pesticides Market By Technology Market 2019-2024 ($M)
8.1 Physical Market 2019-2024 ($M) - Regional Industry Research
8.1.1 Spray Drying Market 2019-2024 ($M)
8.2 Physico-Chemical Market 2019-2024 ($M) - Regional Industry Research
8.2.1 Coacervation Market 2019-2024 ($M)
8.3 Chemical Market 2019-2024 ($M) - Regional Industry Research
8.3.1 Interfacial Polymerization Market 2019-2024 ($M)
9.Europe Microencapsulated Pesticides Market By Type Market 2019-2024 ($M)
9.1 Insecticides Market 2019-2024 ($M) - Regional Industry Research
9.2 Herbicides Market 2019-2024 ($M) - Regional Industry Research
9.3 Fungicides Market 2019-2024 ($M) - Regional Industry Research
9.4 Rodenticides Market 2019-2024 ($M) - Regional Industry Research
10.Europe Microencapsulated Pesticides Market By Technology Market 2019-2024 ($M)
10.1 Physical Market 2019-2024 ($M) - Regional Industry Research
10.1.1 Spray Drying Market 2019-2024 ($M)
10.2 Physico-Chemical Market 2019-2024 ($M) - Regional Industry Research
10.2.1 Coacervation Market 2019-2024 ($M)
10.3 Chemical Market 2019-2024 ($M) - Regional Industry Research
10.3.1 Interfacial Polymerization Market 2019-2024 ($M)
11.APAC Microencapsulated Pesticides Market By Type Market 2019-2024 ($M)
11.1 Insecticides Market 2019-2024 ($M) - Regional Industry Research
11.2 Herbicides Market 2019-2024 ($M) - Regional Industry Research
11.3 Fungicides Market 2019-2024 ($M) - Regional Industry Research
11.4 Rodenticides Market 2019-2024 ($M) - Regional Industry Research
12.APAC Microencapsulated Pesticides Market By Technology Market 2019-2024 ($M)
12.1 Physical Market 2019-2024 ($M) - Regional Industry Research
12.1.1 Spray Drying Market 2019-2024 ($M)
12.2 Physico-Chemical Market 2019-2024 ($M) - Regional Industry Research
12.2.1 Coacervation Market 2019-2024 ($M)
12.3 Chemical Market 2019-2024 ($M) - Regional Industry Research
12.3.1 Interfacial Polymerization Market 2019-2024 ($M)
13.MENA Microencapsulated Pesticides Market By Type Market 2019-2024 ($M)
13.1 Insecticides Market 2019-2024 ($M) - Regional Industry Research
13.2 Herbicides Market 2019-2024 ($M) - Regional Industry Research
13.3 Fungicides Market 2019-2024 ($M) - Regional Industry Research
13.4 Rodenticides Market 2019-2024 ($M) - Regional Industry Research
14.MENA Microencapsulated Pesticides Market By Technology Market 2019-2024 ($M)
14.1 Physical Market 2019-2024 ($M) - Regional Industry Research
14.1.1 Spray Drying Market 2019-2024 ($M)
14.2 Physico-Chemical Market 2019-2024 ($M) - Regional Industry Research
14.2.1 Coacervation Market 2019-2024 ($M)
14.3 Chemical Market 2019-2024 ($M) - Regional Industry Research
14.3.1 Interfacial Polymerization Market 2019-2024 ($M)

LIST OF FIGURES

1.US Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
2.Canada Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
3.Mexico Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
4.Brazil Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
5.Argentina Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
6.Peru Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
7.Colombia Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
8.Chile Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
9.Rest of South America Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
10.UK Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
11.Germany Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
12.France Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
13.Italy Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
14.Spain Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
15.Rest of Europe Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
16.China Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
17.India Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
18.Japan Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
19.South Korea Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
20.South Africa Microencapsulated Pesticides Market Revenue, 2019-2024 ($M)
21.North America Microencapsulated Pesticides By Application
22.South America Microencapsulated Pesticides By Application
23.Europe Microencapsulated Pesticides By Application
24.APAC Microencapsulated Pesticides By Application
25.MENA Microencapsulated Pesticides By Application
26.BASF, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Bayer, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Monsanto, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Syngenta, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.ADAMA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.FMC Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Arysta Lifescience, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.GAT Microencapsulation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Botanocap, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Mclaughlin Gormley King Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Belchim, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Reed Pacific, Sales /Revenue, 2015-2018 ($Mn/$Bn)