- Powder Formulation
- Liquid Formulation
Fipronil Market is accounted for USD 520.1 Million in 2021 and is poised to grow at a significant CAGR of 3.2% over 2022 to 2028. Â The fipronil has wide range of applications in horticulture, used as an insecticide against moth, butterfly, locust, and among others. The major strategies such as investing in innovation, discovering potential uses, and building smart business models to produce sustained growth. Investing in R&D and technology to improve product lines will be the main growth driver for the market in the short to medium term, despite the current difficult conditions. Key players in the market are reshaping their business models to fit the new normal, focusing on the digitalization of processes and adapting to new robotic automation and artificial intelligence technologies. During the forecast period, top firms in the market sector will continue to use mergers and acquisitions to acquire new technologies, improve portfolios, and leverage capabilities. In July 2020, Serenade, a bio fungicide developed by Bayer Crop Science and Life Science Company, was first released in China by Bayer Crop Science and Life Science Company.
Fastest Growing Market
Fipronil is a broad-spectrum insecticide that can be used for many crops crops, as well as public hygiene, amenity, and veterinary pests. To ensure successful pest control, it is usually administered at low to extremely low dose rates. It is utilized in a variety of applications. Fipronil is found in a range of pesticides, including grass granules, gel baits, spot-on pet care products, liquid termite control solutions, and agricultural pesticides. Fipronil is present in more than 50 registered products. However, industry expansion is being hampered by rigorous government controls and the rising usage of genetically modified crops.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Key playerâ€™s profiles in the global fipronil market include: