Trending...
- Wohler announces three SRT monitoring enhancements for its iVAM2-MPEG monitor and the addition of front panel PID selection of A/V/subtitle streams
- Seattle Bathroom Remodeling Announces Service Area Expansion to Greater Seattle Region
- Sweet Memories Vintage Tees Debuts Historic ORCA™ Beverage Nostalgic Soda Collection
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 $1.77 trillion. Food away-from-home accounted for 54.8 percent of total food expenditures, up from 50.1 percent in 2009. Moreover, the increasing popularity of fipronil across the Asia Pacific region especially in India due to strong presence of agriculture sector is again projected to propel the growth of the fipronil market over the forecast period.
More on Washingtoner
- Tacoma: City Council Presented with Community Safety Action Strategy Built on Community Input
- City Council Presented With 'Tacoma 2035'
- Bent Danholm Lists Modern Lakefront Estate in Winter Garden's Twinwaters Community
- Operational Agility in High Demand: FOCUS Expands to Serve a Changing Insurance Market
- Bahamas Import Assistant Launches Same-Day Pet Permit Service Under BAHFSA's 2024 Expansion
Market Opportunities:
The increasing launch of innovative and effective agrochemical by key players in order to cater to growing demand is expected to offer profitable opportunities to the market in the near future. For instance, in October 2020, Insecticides India NSE has announced its plan to launch three new products. First one is insecticide in granular form, the second one is the new age post-emergence herbicide for the control of grass weed species in wheat crops, while the third one is a biological product for improving soil health.
Expanding agriculture industry especially in India due to the growing adoption of various strategies by the government is projected to bright market opportunities in the near future. According to the India Brand Equity Foundation, during the 2019-2020 crop year, food grain production was estimated to reach a record 295.67 million tons (MT). In 2020-21, the Government of India is targeting food grain production of 298 MT. Agricultural export from India reached US$ 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
- Liftoff Enterprises Launches Liftoff Spotlight,™ A Nationally Broadcast Platform Turning Conversations Into Revenue
- From November 24th to 27th, Fuqing Invites You to Join Us at BIG 5 to Jointly Build a New Future for Middle Eastern Architecture
- Dispelling Holiday Suicide Myth: CDC Data Shows Suicide Rates Lowest in December; International Survivors of Suicide Day Emphasizes Need for Action
- Stratum Nutrition's OVOLUX™ Named 2025 "Collagen Ingredient of the Year" by Beauty Innovation Awards
- Sons of Liberty Museum Unveils "America at 250" Mobile Exhibit on Veterans Day 2025
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
- Winzele: A Trusted Isolation Transformer Manufacturer
- Luxury Mediterranean Estate in Gotha Sells for $1.52 Million, Closing $45,000 Over Asking
- ZEELOOL's Black Friday Sale Starts Early with Up to 80% Off Frames
- UV Weathering Test Chamber vs Xenon Arc Test Chamber: What's the Right Solution for Your Products
- Emeritus Addresses Hospital Bed Shortages with Smart Storage Solutions
- Fulton County & Grow Your World Amplify Atlanta Youth Through the Youth Audio Collective
- Spokane: Firework Thrown From a Vehicle Causes Severe Injuries to Another
- Spokane: Coffee With Council District 2 Council Members
- 2026 Oscars Betting Odds: One Battle After Another Favored for Best Picture
- Allen Field Co., Inc. Components Selected for Esko ArtiosCAD 3D Component Library
- Monroe Welcomes The Great Junk Hunt – This Vintage Market is Getting Ready for the Holidays!
- Thirteen Reasons Why Gyminny Kids Is San Diego's Best Gymnastics Gym
- Kennedy Funding Closes Challenging $3 Million Cash-Out Refinance Loan in Rural Washington State
- Heritage At Manalapan - A New Luxury Single Family Home Community Coming Late 2025
- The Lashe® Announces Exclusive November Savings for Lash and Beauty Professionals
- Corcoran DeRonja Real Estate Welcomes Siobhán Simões to Its Growing Team
- November is Lung Cancer Awareness Month: Screening Saves Aims to Increase Access to Lung Screenings in NC
- Valeo Health Leads a New Era of Longevity and Preventive Health in the UAE
- Torch Entertainment Presents The Frozen Zoo
- Spokane: Suspect Identified in Unsolved Murder of Margaret Anselmo