Published Date: Mar, 2021 | 180 Pages | Report ID: MRU_114938
Ethiprole Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
114938 | Date :
Feb, 2023 | Pages :
180 | Region : Global |
Publisher : Ri research
Ethiprole is an insecticide used to kill or remove insects from crops and grains during its storage. It belongs to phenylpyrazole chemical family. Phenylpyrazole chemicals make the insect\'s central nervous system toxic and blocks body\'s glutamate-gated chloride channel. Agriculture sector was the largest end use industries where ethiprole is expected to emerge as best insecticides for varieties of crops. It has ability to improve the quality of normal crops as well as for those crops with longer shelf life including peanuts, citrus fruits, wheat and corn.
Ethiprole was developed by Bayer CropScience Ltd. in 1994. Ethiprole differs from fipronil, the major phenylpyrazole insecticide, only in an ethylsulfinyl substituent replacing the trifluoromethylsulfinyl moiety. Ethiprole is a substitute fipronil since the fipronil was banned in EU and China etc. regions.
Currently, the concentration of ethiprole industry is high, mainly concentrating in South America, Japan and China. In the world, two companies, who produced technical grade (power) ethiprole, hold a dominant position in the market included Bayer (Germany) and Heteng (China).
The production of ethiprole increased from 542 MT in 2011 to 819 MT in 2016, with an average growth rate of 8.61%. China is the major production regions, due to the important production plant of Bayer, with 45.30% market share in 2016. In 2016, South America ethiprole production share was about 28.08%. Japan took about 26.62%.
Ethiprole is presently used rice crops, cotton, soybeans, tea and other vegetables directly and for storage of wheat, peanuts, corn pome and other citrus fruits against several insects affecting them. The ability of ethiprole is further enhanced by its usage along with other insecticides. The largest end use for ethiprole, accounting for about 49.25% of consumption in 2015, is the rice crops. The use of ethiprole in sugarcane was another major downstream, and accounted for about 26.57% of ethiprole consumption in 2015.
The developing economies across Asia Pacific region are anticipated to be the fastest growing market for ethiprole in the next few years. The main reason for this is the rising demand for insecticides to control the growth thrips, weevils, plant hoppers, flies, aphids and maggots in China and India due to growing need for better yield for fulfilling the increasing food demand from the constantly escalating population. In spite of this, the potential carcinogenic effects of ethiprole are currently under laboratory tests, making it less favorable in developed regions. These factors have presently limiting the usage of ethiprole to certain crops and in certain countries. For instance, ethiprole is currently not registered to use on any crops in the U.S. and in Canada. Furthermore, considering the effectiveness on rice crops, ethiprole insecticide is permitted to be used on rice crops in China, Brazil, Thailand, Vietnam, Indonesia and Japan.
The report offers detailed coverage of Ethiprole industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Ethiprole by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Ethiprole market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Ethiprole market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Bayer
Heteng
At the same time, we classify Ethiprole according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
MeSH Tree
ChEBI Ontology
KEGG: Pesticides
WIPO IPC
ChemIDplus Market by Application
Rice Crops
Sugarcane
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Ethiprole market for the forecast period 2023 - 2030?
• What are the driving forces in the Ethiprole market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Ethiprole industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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