Trending...
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- New Podcast "Spreading the Good BUZZ" Hosted by Josh and Heidi Case Launches July 7th with Explosive Global Reach and a Mission to Transform Lives
SEATTLE, Jan. 25, 2022 /PRNewswire/ -- According to Coherent Market Insights, The global Fipronil market is estimated to account for US$ 605.9 Mn in terms of value by the end of 2027 witnessing a CAGR of 2.90%.
Fipronil, an insecticide belonging to the cyprineurineurine family is used mostly for treatment of mange due to its effects on herpes virus and associated diseases. Fipronil belongs to the antifungal family of insecticides. Fipronil destroys the insect central nervous system via a broad spectre antifungal agent which interferes with the intracellular calcium channels of the GABAA receptors and glutamate-gapped chloride channels of insect muscles. This causes neurochemical changes in the infected insect that facilitate the development of multisystemic toxins. Fipronil belongs to a group of insecticides called antifungal pesticides which include Terpenes, Atovaquone, Isopropyl, Isomocyan, Styva, and Balsam. Fipronil belongs to a class of insecticides called antifungal pesticides, which contain triclosan. Fipronil, in the active form, is marketed under various names. It has been commonly used as Desitin, Fipronil, Proxindol, and Verserin.
Request for Sample PDF Copy @ https://www.coherentmarketinsights.com/insight/request-pdf/2208
Market Drivers:
The growing adoption of modern agriculture techniques is driving the growth of the fipronil market. The increasing population is driving demand for food which is creating the need for advanced and effective agriculture methods in order to improve crop productivity. This factor is driving demand for agrochemical which in turn augmenting the growth of the fipronil market.
Expansion of food &beverage industry due to growing consumer spending is bolstering the growth of the fipronil market. According to the Economic Research Service, in 2019, food spending by U.S. consumers, businesses, and government entities totaled $1.77 trillion. Food away-from-home accounted for 54.8 percent of total food expenditures, up from 50.1 percent in 2009. Moreover, the increasing popularity of fipronil across the Asia Pacific region especially in India due to strong presence of agriculture sector is again projected to propel the growth of the fipronil market over the forecast period.
More on Washingtoner
Market Opportunities:
The increasing launch of innovative and effective agrochemical by key players in order to cater to growing demand is expected to offer profitable opportunities to the market in the near future. For instance, in October 2020, Insecticides India NSE has announced its plan to launch three new products. First one is insecticide in granular form, the second one is the new age post-emergence herbicide for the control of grass weed species in wheat crops, while the third one is a biological product for improving soil health.
Expanding agriculture industry especially in India due to the growing adoption of various strategies by the government is projected to bright market opportunities in the near future. According to the India Brand Equity Foundation, during the 2019-2020 crop year, food grain production was estimated to reach a record 295.67 million tons (MT). In 2020-21, the Government of India is targeting food grain production of 298 MT. Agricultural export from India reached US$ 38.54 billion in FY19 and US$ 35.09 billion in FY20. The total agricultural export was US$ 10.40 billion between April and October 2020.
Market Trends:
The increasing focus of key players to expand the production capacity of agrochemical is one of the emerging trends in the market. For instance, in November 2020, Meghmani Organics (MOL) has commenced commercial production on 25 November 2020 at its two agrochemical plants. The company has begun commercial production at Herbicide 2, 4D acid plant at GIDC, Dahej in Bharuch district of Gujarat. The cost for setting up the agrochemical formulation plant is Rs 25 crore.
Expanding chemical industry due to the increasing production of chemicals and growing investment by key players is expected to be a major trend in the market. According to the India Brand Equity Foundation, the Indian chemicals industry stood at US$ 178 billion in 2019 and is expected to reach US$ 304 billion by 2025 registering a CAGR of 9.3%. The demand for chemicals is expected to expand by 9% per annum by 2025. In September 2020, the production of key chemicals was 8, 36,435 MT and petrochemicals were 17, 26,502 MT.
Request for Customization @ https://www.coherentmarketinsights.com/insight/request-customization/2208
More on Washingtoner
Competitive Landscape:
BASF SE, Parijat Industries (India) Pvt. Ltd, GSP Crop Science Private Limited, Gharda Chemicals Limited, Insecticides (India) Ltd., Bharat Rasayan Ltd., Himani Industries Limited, FMC Corporation, Dhanuka Agritech Ltd., and HPM Chemicals and Fertilizers Limited.
Detailed Market Segmentation:
Global Fipronil Market, By Form:
Global Fipronil Market, By Application:
Global Fipronil Market, By Region:
Buy this Complete Report and Get Flat $2000 Discount Now @ https://www.coherentmarketinsights.com/promo/buynow/2208
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Contact Us:
Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone:
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: [email protected]
Website: https://www.coherentmarketinsights.com
Follow Us: LinkedIn | Twitter
SOURCE Coherent Market Insights
Fipronil, an insecticide belonging to the cyprineurineurine family is used mostly for treatment of mange due to its effects on herpes virus and associated diseases. Fipronil belongs to the antifungal family of insecticides. Fipronil destroys the insect central nervous system via a broad spectre antifungal agent which interferes with the intracellular calcium channels of the GABAA receptors and glutamate-gapped chloride channels of insect muscles. This causes neurochemical changes in the infected insect that facilitate the development of multisystemic toxins. Fipronil belongs to a group of insecticides called antifungal pesticides which include Terpenes, Atovaquone, Isopropyl, Isomocyan, Styva, and Balsam. Fipronil belongs to a class of insecticides called antifungal pesticides, which contain triclosan. Fipronil, in the active form, is marketed under various names. It has been commonly used as Desitin, Fipronil, Proxindol, and Verserin.
Request for Sample PDF Copy @ https://www.coherentmarketinsights.com/insight/request-pdf/2208
Market Drivers:
The growing adoption of modern agriculture techniques is driving the growth of the fipronil market. The increasing population is driving demand for food which is creating the need for advanced and effective agriculture methods in order to improve crop productivity. This factor is driving demand for agrochemical which in turn augmenting the growth of the fipronil market.
Expansion of food &beverage industry due to growing consumer spending is bolstering the growth of the fipronil market. According to the Economic Research Service, in 2019, food spending by U.S. consumers, businesses, and government entities totaled $1.77 trillion. Food away-from-home accounted for 54.8 percent of total food expenditures, up from 50.1 percent in 2009. Moreover, the increasing popularity of fipronil across the Asia Pacific region especially in India due to strong presence of agriculture sector is again projected to propel the growth of the fipronil market over the forecast period.
More on Washingtoner
- Heartfelt Dreams Foundation Launches Campaign to Build CHD Hospital
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Miami Real Estate Agent Drastically Increases Interest In Homes
- Adostics & Genmega Announce the Introduction of A-POD
- Erie Home Celebrates 100th Location, Cementing Coast-to-Coast Footprint
Market Opportunities:
The increasing launch of innovative and effective agrochemical by key players in order to cater to growing demand is expected to offer profitable opportunities to the market in the near future. For instance, in October 2020, Insecticides India NSE has announced its plan to launch three new products. First one is insecticide in granular form, the second one is the new age post-emergence herbicide for the control of grass weed species in wheat crops, while the third one is a biological product for improving soil health.
Expanding agriculture industry especially in India due to the growing adoption of various strategies by the government is projected to bright market opportunities in the near future. According to the India Brand Equity Foundation, during the 2019-2020 crop year, food grain production was estimated to reach a record 295.67 million tons (MT). In 2020-21, the Government of India is targeting food grain production of 298 MT. Agricultural export from India reached US$ 38.54 billion in FY19 and US$ 35.09 billion in FY20. The total agricultural export was US$ 10.40 billion between April and October 2020.
Market Trends:
The increasing focus of key players to expand the production capacity of agrochemical is one of the emerging trends in the market. For instance, in November 2020, Meghmani Organics (MOL) has commenced commercial production on 25 November 2020 at its two agrochemical plants. The company has begun commercial production at Herbicide 2, 4D acid plant at GIDC, Dahej in Bharuch district of Gujarat. The cost for setting up the agrochemical formulation plant is Rs 25 crore.
Expanding chemical industry due to the increasing production of chemicals and growing investment by key players is expected to be a major trend in the market. According to the India Brand Equity Foundation, the Indian chemicals industry stood at US$ 178 billion in 2019 and is expected to reach US$ 304 billion by 2025 registering a CAGR of 9.3%. The demand for chemicals is expected to expand by 9% per annum by 2025. In September 2020, the production of key chemicals was 8, 36,435 MT and petrochemicals were 17, 26,502 MT.
Request for Customization @ https://www.coherentmarketinsights.com/insight/request-customization/2208
More on Washingtoner
- LIB and Nidec Rejoin Forces for Giant TH-0098 Temperature Humidity Test Chamber
- Spokane: SPD Investigates Several Intentionally Set Fires
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
- City of Spokane Announces New Deputy Police Ombuds
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
Competitive Landscape:
BASF SE, Parijat Industries (India) Pvt. Ltd, GSP Crop Science Private Limited, Gharda Chemicals Limited, Insecticides (India) Ltd., Bharat Rasayan Ltd., Himani Industries Limited, FMC Corporation, Dhanuka Agritech Ltd., and HPM Chemicals and Fertilizers Limited.
Detailed Market Segmentation:
Global Fipronil Market, By Form:
- Powder Formulation
- Liquid Formulation
Global Fipronil Market, By Application:
- Agriculture
- Turf Products
- Seed Treatment
- Pet Care Products
- Gel Baits
- Liquid Termiticides
Global Fipronil Market, By Region:
- North America
- By Country:
- U.S.
- Canada
- Europe
- By Country:
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacifia
- By Country:
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- By Country:
- GCC Countries
- Israel
- South Africa
- Rest of Middle East & Africa
Buy this Complete Report and Get Flat $2000 Discount Now @ https://www.coherentmarketinsights.com/promo/buynow/2208
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Contact Us:
Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone:
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: [email protected]
Website: https://www.coherentmarketinsights.com
Follow Us: LinkedIn | Twitter
SOURCE Coherent Market Insights
Filed Under: Business
0 Comments
Latest on Washingtoner
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Larry Haight's Residential Roofing Celebrates 40 Years of Excellence in the Pacific Northwest
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
- Cynthia Pinot Among Artists Selected for Renowned London Art Biennale 2025
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025
- $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- Raidium révolutionne le diagnostic de la Sclérose en Plaques en partenariat avec l'Hôpital Fondation Adolphe de Rothschild
- New Podcast "Spreading the Good BUZZ" Hosted by Josh and Heidi Case Launches July 7th with Explosive Global Reach and a Mission to Transform Lives
- The Herbal Care, Led by Markel Bababekov, Becomes a Top Dispensary in NYC's Upper East Side
- Digital Watchdog Launches New myDW Cloud Services
- Stan Fitzgerald Appointed Acting Press Secretary for Veterans for America First VFAF Georgia State Chapter
- Drone Light Shows Emerge as the New Standard in Live Event Entertainment
- Lore Link is Here to Help Organize Your Game
- Spokane: Underhill Sport Court Renovation Ribbon Cutting July 3, 10 a.m.