Acaricides Market: By Product Type (Organophosphates, Organochlorines, Carbamates, Pyrethroids, Others), By Application(Animal husbandry, Agriculture, Industrial, Others), By Mode of Application (Spray, Dipping Vat, Hand Dressing, Others),and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa)

 

Acaricides Market size was estimated at USD 310.6 million in 2022, and is poised to grow at a significant CAGR of 6.2% from 2023-2029. Acaricides are the chemical substances that are used to kill the arachnids majorly ticks and mites. Most commonly used arachnids include organophosphates, chlorinated organic compounds, arsenical, synthetic pyrethroids, and carbamates. Increase in the infestation from ticks, mites, and pests are causing health hazards to human which leads to rise in disease burden. These acaricides have ability to control the ticks on livestock and agricultural pests. These can be applied by various methods such as spray, dipping vat, and host of application. Acaricides also used in the animal husbandry to prevent mange, scab, demodicosis, and scabies caused by mites and ticks. Key drivers ae Increase in the agriculture production around the world coupled with rise in infestation from ticks and mites and Rise in R&D activities for the innovation of newer products.Impact of Covid-19 on Acaricides Market In the year 2020, the COVID-19 epidemic and consequent suspension in industrial operations had an influence on pesticide supply availability. Furthermore, trade disruptions have a significant influence on the supply of acaricides in nations that rely on imports. As a result, the expansion of the acaricide market has slowed.