Global Aerosol Insecticides Market: Overview
Aerosol insecticides or the insecticides that are packaged in aerosol form are commended as insecticide products that produce less waste as compared to other varieties as they are designed to deliver only a specific amount of the poison during each spray. Owing to this factor, the global market for aerosol insecticides continues to hold an important place in the overall insecticides industry.
Aerosol insecticides are chiefly found in three forms: insect growth regulators, residual insecticide sprays, and contact insecticide sprays. Of these varieties, the segment of contact sprays is considered more effective in scenarios that require spraying the insecticide directly onto the target for quick action. Several contact sprays include active ingredients that contain synthetic toxins that target the insects’ central nervous system. However, several contact sprays do not eradicate insect eggs and the insect cycle can continue. Research studies have also concluded that some insects can become resistant to these active ingredients and remain unaffected despite regular sprays, thus requiring a different course of action.
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Global Aerosol Insecticides Market: Drivers
Malaria is a disease of blood, which is transferred from person to person by a particular type of mosquito. According to WHO, an estimated 3.4 billion people from 91 counties are at risk of being infected with malaria and developing disease. According to WHO, the most powerful and widely applied system of control for malaria-carrying insects is the use of insecticides. This is a key factor driving demand for aerosol insecticides.
As the global population continues to grow, there is an urgent requirement to increase food production across the globe. However, pests and weeds destroy crops, causing minimal production. Many farmers choose aerosol insecticides to keep pests and weeds from destroying their crops. Need for growing food production will lead farmers to adopt insecticides. This is a key factor propelling demand for aerosol insecticides.
Increasing disposable income across the globe and rising awareness related to healthy diet have led people to include fruits and vegetables in their diet. Fruits and vegetables are a necessary part of a healthy diet. However, to increase the production of fruits and protect them from insects, aerosol insecticides play an important role.
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Global Aerosol Insecticides Market: Key Developments in Competitive Landscape
Bayer joined members of agriculture industry – BASF, Syngenta, Mitsui Chemicals, and Sumitomo Chemical Company to develop and supply innovative vector control solutions to help eliminate malaria by 2040. Bayer has been involved in the development of effective vector control tools for more than 60 years. The company is pursuing the development of novel insecticide active ingredient that has recently progressed into a new development phase. A unique solution to control insecticide resistant mosquitoes is expected to be available along with necessary tools, assuming successful progress.
Monsanto is likely to collaborate with AgriMetis, an agricultural chemical firm on novel insect protection compounds. AgriMetis produces semisynthetic compounds utilizing Saccharopolyspora spinosa. Spinosad insecticides are originated from bacterium through the process of fermentation. The company chemically changes the fermentation product to enhance characteristics such as potency and the species that can be targeted.
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Global Aerosol Insecticides Market: Restraints
Though organic insecticides help increase food productivity, chemical insecticides affects environment. Due to which aerosol insecticides are witnessing limited growth. Chemical insecticides deplete nutritional value of food. Consumption of insecticides through food will cause major health issues such as cancer, brain damage, birth defects, organ failure and skin irritation etc. This is the key factor restraining growth of global aerosol insecticides market.
Overall, the research study on global aerosol insecticides market delivers in-depth analysis on the key factors that are likely to influence the growth of the global market over the assessment period (2018-2027). Readers can expect complete analysis and insights on the strategies adopted by key companies in this market. The insights included in the report will help stakeholders in gaining perspective on the presumptive expansion of global aerosol insecticides market.
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