Insect Growth Regulators Market Outlook
According to a new report by Expert Market Research titled, “Global Insect Growth Regulators Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global insect growth regulators market is projected to grow at a CAGR of 6.2% between 2024 and 2032. Aided by the increasing need for environmentally friendly pest control methods and the growing agricultural and residential demand, the market is expected to grow significantly by 2032.
Insect growth regulators are a class of pest control substances that disrupt the life cycle of insects, preventing them from maturing into adults. Unlike traditional insecticides that kill pests outright, IGRs are used to control pest populations over time by inhibiting their development, making them an integral part of integrated pest management (IPM) programs.
The insect growth regulators market growth is largely fuelled by the increasing global focus on sustainable agriculture practices. With the rising awareness of the harmful effects of conventional pesticides on the environment and human health, IGRs are gaining popularity as a safer alternative. They are particularly effective against a range of pests, including mosquitoes, fleas, and agricultural pests, without causing undue harm to beneficial insects and the broader ecosystem.
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Another significant driver of the insect growth regulators market demand is the ongoing battle against vector-borne diseases. Mosquito-borne diseases such as malaria, dengue, and Zika virus pose a significant public health challenge, especially in tropical and subtropical regions. IGRs, used in water bodies and other mosquito breeding sites, offer an effective strategy to control mosquito populations and reduce the incidence of these diseases.
According to the insect growth regulators market analysis, the agricultural sector is a major consumer of insect growth regulators. The need to ensure high crop yields while minimising chemical residues in food products has led to the increased adoption of IGRs in crop protection. These substances are particularly favoured for their specificity and minimal impact on non-target organisms, making them suitable for use in organic farming and sustainable agriculture practices.
Geographically, North America holds a significant portion of the insect growth regulators market share, attributed to the stringent environmental regulations and the high adoption rate of advanced pest control solutions. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period, driven by the expanding agricultural sector and the increasing awareness of effective pest management practices in rapidly developing economies.
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Insect Growth Regulators Market Segmentation
The market can be divided based on product, form, application, and region.
Market Breakup by Product
- Chitin Synthesis Inhibitors
- Juvenile Hormone Agonists
- Ecdysone Antagonists
- Ecdysone Agonists
Market Breakup by Form
- Aerosol
- Liquid
- Bait
Market Breakup by Application
- Agriculture
- Residential
- Commercial
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global insect growth regulators market. Some of the major players explored in the report by Expert Market Research are as follows:
- OHP, Inc.
- Syngenta AG
- Corteva Agriscience
- McLaughlin Gormley King Company
- Nufarm Limited
- Control Solutions, Inc.
- Others
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