Insect growth regulators are a relatively new type of insect control materials that are primarily aimed are the development of safer alternatives to conventional insecticides, while also reducing resistances of insects to manmade insect control agents. These materials are primarily used to stop immature insects from successfully growing into healthy adults.
Insect growth regulators are being used extensively in food storage activities, which can be mainly attributed to the high efficacy in controlling pests and other insects that can have adverse impact on food reserves. The introduction of sustainable variants of insect growth regulators are rapidly gaining traction in the industry, with the objective of selectively culling only harmful insect populations, while leaving benign species unaffected.
The worldwide market for insect growth regulators is projected to display a moderate CAGR of ~ 4 per cent during the forecast period from 2019 to 2027. This increased use of regulators can be attributed to rising global temperatures, which are conducive for population spurts of insects, especially pests such as mosquitoes and fleas.
To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions. The key regions comprise the following geographical segments:
- North America
- Latin America
The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.
The study provides detailed profile of key players and their offering in the insect growth regulators market, which include
- Bayer Crop Science AG
- Dow Chemical Company Limited
- ADAMA Agricultural Solutions Ltd.
- Syngenta AG
- Sumitomo Chemical Company Ltd.
- Nufarm Ltd
- Central Garden & Pet Co.
- Valent USA Corporation
- Russell IPM Ltd.
Vector Disease Control Plays Key Role in Adoption
Insect growth regulators are a widespread group of chemical compounds which display high effectiveness against mosquito larvae and other pest insect species. In most cases insect growth regulators do not have a substantial impact on other types of animal or plant life including fish, birds, and invertebrates, and are also safe to animals and people.
Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=4282
Further, the use of insect growth regulators does not affect the mortality of insect populations immediately, but normally carries out its functions over a prolonged period of time. This is a key feature which promotes the use of such agents, as insect which are vector hosts of pathogens are often food sources for wildlife and fish. These benefits of using insect growth regulators and the efficacy against target insect species will bolster its use in vector control programs for the future.
The report offers insight into the competitive dynamic in the insect growth regulators market which has shaped the major strategies of each player. It also covers recent moves such as partnerships and collaborations, mergers and acquisitions, diversification and research investments, of each prominent player. The key factors that shape the entry barrier and intensity of competition in the insect growth regulators market are presented in the analysis. Further, the study provides PESTLE analyses of numerous players and an evaluation of how the competitive landscape will evolve over the forecast period.
On the basis of form type, the global insect growth regulators market report offers insights into the opportunities and new avenues of following key segments:
In order to analyze growth prospects in aforementioned segments in the global insect growth regulators market, the study assesses demand and consumption patterns of following product segments
- Chitin Synthesis Inhibitors
- Juvenile Hormone Analogs & Mimics
- Anti-Juvenile Hormone Agents
The global insect growth regulators market report answers numerous pertinent questions, some of which are:
- What are some of the latent areas of investments in the insect growth regulators market?
- Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
- What trends are likely to change the status quo of the positions held by leading players of the insect growth regulators market in the not-so-distant future?
- Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the insect growth regulators market?
- What are the strategies adopted by top players to retain their stronghold in the insect growth regulators market?
- Which strategic moves will new entrants adopt to gain a strong foothold in the insect growth regulators market?
Environment Concerns Drive up Use of Plant Based Agents
Insect growth regulators known as juvenile hormone analogs or juvenoids, primarily function by copying insect hormones. In addition, researchers have also managed to identify natural compounds present in plants which counteract insect hormones, which are known as juvenile hormone antagonists.
Scientists have managed to identify thousands of such plants, and the compounds which have displayed efficacy against specific species of insects, including those, which potentially include insects that are vector carriers for pathogens, by targeting the development of ovaries, thereby controlling insect populations for the long term.
For instance, juvenile hormone antagonists from two plants have been found to be effective against the larvae of the Aedes aegypti mosquito. Alexander Raikhel, a researcher from UC Riverside Stated: “Our experiments showed that these five JHANs are effective against yellowfever mosquitoes,” said Alexander Raikhel, a distinguished professor of entomology at UC Riverside. “Our Korean collaborators, led by Sang Woon Shin at Seoul National University, are testing the effect of these five molecules on other agricultural pests. These newly-discovered natural molecules could lead to the development of a new class of safe and effective pesticides to control mosquitoes and, we expect, other agricultural pests.”
Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM&rep_id=4282
How can Fact.MR Make Difference?
- In-depth understanding of key industry trends shaping the present growth dynamics
- Offers value chain analysis and price trend analysis of various offering of competitors
- Offers data-drive decision to help companies decide strategies that need recalibration
- Offers insights into areas in research and development that should attract
- Identifies data outliers before your competitors