유기인산염 시장 : 예측(2023-2028년)

The global organophosphate market was valued at US$235.12 million in 2021 and is expected to grow at a CAGR of 3.8% during the forecast period.

The organophosphates market is anticipated to grow as a result of several reasons, including population growth, rising human incomes, and increased consumer demand for food. Farmers are employing pesticides to eradicate weeds and pests due to the rising demand for cereals and grains throughout the world, which is fueling the market for organophosphate pesticides.

The main ingredients of pesticides, herbicides, and insecticides are organophosphate compounds. According to the OECD, by 2025, it is anticipated that global cereal usage will increase by 14% to 2,818 Mt. In comparison to the base period (2013-15), an 11% rise in wheat consumption is anticipated, which will increase the need for organophosphate insecticides. Furthermore, in March 2023, four organophosphate pesticides were subject to an initiative to hasten safeguards from the U.S. Environmental Protection Agency (EPA).

Working procedure of organophosphate

Food and water can both contain trace quantities. By migrating from the soil to the groundwater, organophosphates pollute drinking water. Organophosphate pesticides break down into several compounds as it ages. The majority of the demand is anticipated to go towards organophosphate pesticides.

To stop the damage that bugs have sparked, growers will need to use more organophosphate insecticides, both in terms of production and employment. The action of organophosphate is to interfere with acetylcholinesterase, an enzyme. When exposed to sunshine, air, and soil, organophosphate insecticides undergo a fast hydrolysis degradation process.

Market Drivers

Rising food demand

The demand for organophosphate insecticides is driven by population growth, both in the home sector and in the agricultural sector where better crop yields are desired. According to the UN, by 2030, the global population will reach 8.5 billion. In addition, as per FAO, food consumption is expected to increase by 60% by 2050. The United States Department of Agriculture also launched a program called "The Agriculture and Food Research Initiative (AFRI)" to guarantee food security and safety and prepare the next generation of agricultural workers.

Rising demand for insecticides

The development of the manufacturing and agrochemical sectors has increased the efficiency of organophosphate pesticides against a range of pests, which is predicted to increase demand for these cutting-edge pesticides, impacting organophosphate market growth. The development of products in this industry will boost demand for organophosphate and open up favorable chances for the growth of the organophosphate market size.

Better pesticide technologies are needed for sustainable food production given the expanding global population. The adoption of strict food safety regulations, improvements in agricultural technology, and the international trade of food commodities are what are driving the global market for organophosphate pesticides.

By ingredient, parathion is expected to witness a notable CAGR

Parathion is predicted to represent a sizeable market, due to its stability in aqueous solutions and its wide variety of insecticidal effects. The market is anticipated to develop due to growing parathion usage in multiple applications. Throughout the projection period, malathion is also anticipated to develop at a high growth rate. In both residential and agricultural settings, this active component is utilized to control outdoor insects. Malathion's expanding use in pest control preparation is projected to have a beneficial effect on the organophosphate market size.

Asia Pacific and North American regions are anticipated to hold significant market shares

A growing need for inexpensive and effective pesticides will cause the Asia Pacific to hold a considerable market share in 2028. The need for crop protection goods has increased due to the expansion of the residential and industrial sectors and the reduction of arable land, which is anticipated to drive the market size for organophosphate. According to the Indian government, the country's food processing industry is anticipated to rise by 2025, and is predicted that domestic food and beverage consumption will exceed $1.14 trillion. As a result, the need for organophosphate pesticides to reduce plant diseases to fulfill the expanding global food demand is increasing along with the performance of agriculture.

Whereas, the North American region is predicted to have a high CAGR due to the region's robust chemical industries' increased demand for organophosphates. In the region, the market for organophosphate insecticides is mostly saturated. Most farmers favor pyrethrins because of their adaptability in suppressing varied types of insects. The pyrethrin insecticides are effective against all of the principal rice pests, including Rice Blister Beetles. Additionally, pyrethrin pesticides are frequently used to fight significant cotton pests including the Pink bollworm (Pectiniophera gossypiella), Whiteflies (Bemasi Tabaci), and Beet Armyworm (Spodoptera exigua).

Organophosphate Products

• Actellic® 50EC, Adult mosquitoes can be effectively controlled with Actellic® 50EC. Both thermal fogs and ULV applications are possible with it. The information below shows the effects of using Actellic® 50EC as thermal fogs and ground-applied ULV spray.
• MosquitoMist®, Chlorpyrifos is the active component in the adult mosquito repellent MosquitoMist. MosquitoMist, an IRAC Class 1B pesticide, provides fast-acting mosquito control in three formulation variations.
• MosquitoMaster®, Permethrin, a synthetic pyrethroid (IRAC Class 3A), and chlorpyrifos, an organophosphate (IRAC Class 1B), are both active ingredients in the dual-action adulticide MosquitoMaster.
• Aeris® is presently the only product on the market with two efficient modes of action against thrips, making it the ideal choice for resistance management.

Market Key Developments

• In June 2022, UPL Limited, a worldwide provider of sustainable agricultural solutions, announced that it would introduce new pesticides in India that contain the patented active ingredient Flupyrimin, to combat the most destructive rice pests.

Segmentation:

By Type

• Herbicide
• Fungicide
• Insecticide
• Others

By Ingredient

• Parathion
• Malathion
• Chloropyriphos
• Diazinon
• Dimethoate
• Glyphosate
• Methamidophos
• Others

By Application

• Grains and Cereals
• Pulses and Oilseeds
• Commercial Crops
• Fruits and Vegetables
• Other

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Others

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

• 2.1. Research Data
• 2.2. Research Process

3. EXECUTIVE SUMMARY

• 3.1. Research Highlights

4. MARKET DYNAMICS

• 4.1. Market Drivers
• 4.2. Market Restraints
• 4.3. Porter's Five Force Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis

5. ORGANOPHOSPHATE MARKET BY TYPE

• 5.1. Introduction
• 5.2. Herbicide
• 5.3. Fungicide
• 5.4. Insecticide
• 5.5. Others

6. ORGANOPHOSPHATE MARKET BY INGREDIENT

• 6.1. Introduction
• 6.2. Parathion
• 6.3. Malathion
• 6.4. Chloropyriphos
• 6.5. Diazinon
• 6.6. Dimethoate
• 6.7. Glyphosate
• 6.8. Methamidophos
• 6.9. Others

7. ORGANOPHOSPHATE MARKET BY APPLICATION

• 7.1. Introduction
• 7.2. Grains and Cereals
• 7.3. Pulses and Oilseeds
• 7.4. Commercial Crops
• 7.5. Fruits and Vegetables
• 7.6. Others

8. ORGANOPHOSPHATE MARKET BY GEOGRAPHY

• 8.1. Introduction
• 8.2. North America
  • 8.2.1. United States
  • 8.2.2. Canada
  • 8.2.3. Mexico
• 8.3. South America
  • 8.3.1. Brazil
  • 8.3.2. Argentina
  • 8.3.3. Others
• 8.4. Europe
  • 8.4.1. United Kingdom
  • 8.4.2. Germany
  • 8.4.3. France
  • 8.4.4. Spain
  • 8.4.5. Others
• 8.5. The Middle East and Africa
  • 8.5.1. Saudi Arabia
  • 8.5.2. UAE
  • 8.5.3. Israel
  • 8.5.4. Others
• 8.6. Asia Pacific
  • 8.6.1. Japan
  • 8.6.2. China
  • 8.6.3. India
  • 8.6.4. South Korea
  • 8.6.5. Indonesia
  • 8.6.6. Thailand
  • 8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 9.1. Major Players and Strategy Analysis
• 9.2. Market Share Analysis
• 9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

• 10.1. Bayer AG
• 10.2. Solvay
• 10.3. Sigma-Aldrich
• 10.4. PCC Rokita Spolka Akcyjna
• 10.5. Parchem fine & specialty chemicals
• 10.6. Xuzhou Jianping Chemical Co., Ltd
• 10.7. Excel Industries Ltd