PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1447112
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1447112
Fenitrothion Market Forecasts to 2030 - Global Analysis By Form (Emulsifiable Concentrates, Wettable Powders (WPs), Granules, Microencapsulated Formulations and Other Forms), Technology, Application and By Geography
According to Stratistics MRC, the Global Fenitrothion Market is growing at a CAGR of 4.7% during the forecast period. Fenitrothion is an organophosphorus insecticide and acaricide, belonging to the chemical class of organophosphates. It is widely used for pest control in agriculture to protect crops from various insects and mites. As an organophosphate, Fenitrothion works by inhibiting acetylcholinesterase, an enzyme critical for the proper functioning of the nervous system in insects and mites. It is widely used in agriculture to control pests such as mosquitoes, flies, beetles, and mites. It is effective against both chewing and sucking insects.
Market Dynamics:
Driver:
Increased demand for food production
Fenitrothion's role in safeguarding crops from destructive pests contributes to meeting the rising global food demand. Farmers rely on this insecticide to enhance yields and secure harvests, ensuring food security amid population growth. The growing global population requires higher agricultural output to ensure food security. Fenitrothion contributes to this objective by preventing losses caused by insects, thereby supporting a more secure and reliable food supply. Thus, balancing increased food production with ecological stewardship becomes paramount, influencing the trajectory of the Fenitrothion market.
Restraint:
Associated health risks
Concerns about the health risks associated with fenitrothion can lead to increased regulatory scrutiny. Regulatory bodies may impose restrictions, including limits on application rates, pre-harvest intervals, and even bans in certain regions. Moreover, prolonged exposure to fenitrothion may be associated with chronic health effects, including neurotoxicity. This can lead to increased scrutiny by health authorities and calls for more comprehensive risk assessments which hamper the market growth.
Opportunity:
Wide usage in pest management
As a versatile organophosphorus insecticide, Fenitrothion's broad-spectrum effectiveness against various pests positions it as a cornerstone in integrated pest management strategies. Increased usage translates into higher sales and revenue for manufacturers and suppliers of fenitrothion. The revenue generated is influenced by the widespread adoption of fenitrothion in various applications. Additionally, the wide usage encourages ongoing research and development efforts to improve formulations, application methods, and the overall effectiveness of fenitrothion in pest management, this innovation sustains market dynamics.
Threat:
Availability of alternatives
Increased competition from alternative products may exert pressure on the pricing of fenitrothion. Manufacturers may need to adjust pricing strategies to remain competitive, potentially affecting profit margins. This change in demand can impact fenitrothion sales, especially if consumers prioritize environmentally friendly options impeding the growth of the market.
Covid-19 Impact
Lockdowns and restrictions slowed production, leading to fluctuations in product availability. The pandemic influenced agricultural practices, with some regions experiencing shifts in priorities and reduced pesticide usage. Additionally, logistical challenges and changes in consumer behavior influenced the demand for certain crops. While the industry demonstrated resilience, navigating through pandemic-related challenges, the market.
The microencapsulated formulations segment is expected to be the largest during the forecast period
The microencapsulated formulations segment is estimated to have a lucrative growth, due to the protective coating around the active ingredient, ensuring sustained release over time. The microencapsulation technology improves Fenitrothion's stability, reducing environmental impact and optimizing its effectiveness in pest control. This innovation enables targeted delivery, minimizing off-target effects and supporting precision agriculture practices. As a result, the adoption of microencapsulated Fenitrothion formulations contributes to the market's growth.
The controlled-release formulations segment is expected to have the highest CAGR during the forecast period
The controlled-release formulations segment is anticipated to witness the highest CAGR growth during the forecast period, as this innovation enhances the efficiency of Fenitrothion, ensuring a sustained and targeted impact on pests while minimizing environmental impact. Controlled-release formulations contribute to reduced application frequency, minimizing the risk of overuse. Additionally, they enhance the overall safety profile by mitigating the potential for environmental contamination propelling the growth of the market.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the countries like China, India, and Japan that are major contributors to market expansion due to their large agricultural sectors. Fenitrothion's efficacy against a variety of pests, coupled with rising awareness about the importance of crop protection, is driving its demand. However, evolving regulatory landscapes and increased focus on sustainable agricultural practices pose challenges.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the United States and Canada at the forefront, Fenitrothion serves as a crucial insecticide, ensuring the protection of crops from harmful pests. The market is driven by the need for efficient and reliable agricultural solutions, balancing crop productivity and environmental considerations. Ongoing advancements in pest management technologies and a focus on sustainable agriculture contribute to the market's dynamics.
Key players in the market
Some of the key players in the Fenitrothion Market include Adama Agricultural Solutions Ltd., Avilive, BASF, Bayer, Celanese Corporation, Cheminova A/S, Dow AgroSciences LLC, Ganzhou Weinong Pesticide, Gharda Chemicals Limited, Jiangsu Fengshan Group Co., Ltd., Jiangsu RedSun Biological Co., Ltd., Kumiai Chemical Industry Co., Ltd., Meghmani Organics Limited, Nufarm Limited, SinoHarvest Corporation, Sumitomo Chemical, Sunjoy, Syngenta AG, Xinyi Taisong Chemical and Zhejiang Jiahua
Key Developments:
In February 2024, ADAMA Expands Use of New Environmentally Friendly One-Liter Containers. These containers were developed to reduce environmental impact and improve farmer usability, and have already been successfully launched in India.
In January 2024, ADAMA Launches Five New Cereal Fungicide Products in Europe. Together, these products offer ADAMA's customers a comprehensive portfolio of innovative solutions designed to deliver excellent results.
In January 2024, BASF Monomers and Xuchuan Chemical further strengthen strategic partnership, by leveraging BASF's expertise in bio-mass balanced (BMB) MDI production and Xuchuan Chemical's extensive network in the synthetic leather value chain.
Forms Covered:
- Emulsifiable Concentrates
- Wettable Powders (WPs)
- Granules
- Microencapsulated Formulations
- Other Forms
Technologies Covered:
- Controlled-Release Formulations
- Conventional Formulations
- Nanotechnology-Based Formulations
- Other Technologies
Applications Covered:
- Agricultural
- Public Health
- Household & Garden Formulations
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Technology Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Fenitrothion Market, By Form
- 5.1 Introduction
- 5.2 Emulsifiable Concentrates
- 5.3 Wettable Powders (WPs)
- 5.4 Granules
- 5.5 Microencapsulated Formulations
- 5.6 Other Forms
6 Global Fenitrothion Market, By Technology
- 6.1 Introduction
- 6.2 Controlled-Release Formulations
- 6.3 Conventional Formulations
- 6.4 Nanotechnology-Based Formulations
- 6.5 Other Technologies
7 Global Fenitrothion Market, By Application
- 7.1 Introduction
- 7.2 Agricultural
- 7.3 Public Health
- 7.4 Household & Garden Formulations
- 7.5 Other Applications
8 Global Fenitrothion Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Adama Agricultural Solutions Ltd.
- 10.2 Avilive
- 10.3 BASF
- 10.4 Bayer
- 10.5 Celanese Corporation
- 10.6 Cheminova A/S
- 10.7 Dow AgroSciences LLC
- 10.8 Ganzhou Weinong Pesticide
- 10.9 Gharda Chemicals Limited
- 10.10 Jiangsu Fengshan Group Co., Ltd.
- 10.11 Jiangsu RedSun Biological Co., Ltd.
- 10.12 Kumiai Chemical Industry Co., Ltd.
- 10.13 Meghmani Organics Limited
- 10.14 Nufarm Limited
- 10.15 SinoHarvest Corporation
- 10.16 Sumitomo Chemical
- 10.17 Sunjoy
- 10.18 Syngenta AG
- 10.19 Xinyi Taisong Chemical
- 10.20 Zhejiang Jiahua
List of Tables
- Table 1 Global Fenitrothion Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Fenitrothion Market Outlook, By Form (2021-2030) ($MN)
- Table 3 Global Fenitrothion Market Outlook, By Emulsifiable Concentrates (2021-2030) ($MN)
- Table 4 Global Fenitrothion Market Outlook, By Wettable Powders (WPs) (2021-2030) ($MN)
- Table 5 Global Fenitrothion Market Outlook, By Granules (2021-2030) ($MN)
- Table 6 Global Fenitrothion Market Outlook, By Microencapsulated Formulations (2021-2030) ($MN)
- Table 7 Global Fenitrothion Market Outlook, By Other Forms (2021-2030) ($MN)
- Table 8 Global Fenitrothion Market Outlook, By Technology (2021-2030) ($MN)
- Table 9 Global Fenitrothion Market Outlook, By Controlled-Release Formulations (2021-2030) ($MN)
- Table 10 Global Fenitrothion Market Outlook, By Conventional Formulations (2021-2030) ($MN)
- Table 11 Global Fenitrothion Market Outlook, By Nanotechnology-Based Formulations (2021-2030) ($MN)
- Table 12 Global Fenitrothion Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 13 Global Fenitrothion Market Outlook, By Application (2021-2030) ($MN)
- Table 14 Global Fenitrothion Market Outlook, By Agricultural (2021-2030) ($MN)
- Table 15 Global Fenitrothion Market Outlook, By Public Health (2021-2030) ($MN)
- Table 16 Global Fenitrothion Market Outlook, By Household & Garden Formulations (2021-2030) ($MN)
- Table 17 Global Fenitrothion Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 18 North America Fenitrothion Market Outlook, By Country (2021-2030) ($MN)
- Table 19 North America Fenitrothion Market Outlook, By Form (2021-2030) ($MN)
- Table 20 North America Fenitrothion Market Outlook, By Emulsifiable Concentrates (2021-2030) ($MN)
- Table 21 North America Fenitrothion Market Outlook, By Wettable Powders (WPs) (2021-2030) ($MN)
- Table 22 North America Fenitrothion Market Outlook, By Granules (2021-2030) ($MN)
- Table 23 North America Fenitrothion Market Outlook, By Microencapsulated Formulations (2021-2030) ($MN)
- Table 24 North America Fenitrothion Market Outlook, By Other Forms (2021-2030) ($MN)
- Table 25 North America Fenitrothion Market Outlook, By Technology (2021-2030) ($MN)
- Table 26 North America Fenitrothion Market Outlook, By Controlled-Release Formulations (2021-2030) ($MN)
- Table 27 North America Fenitrothion Market Outlook, By Conventional Formulations (2021-2030) ($MN)
- Table 28 North America Fenitrothion Market Outlook, By Nanotechnology-Based Formulations (2021-2030) ($MN)
- Table 29 North America Fenitrothion Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 30 North America Fenitrothion Market Outlook, By Application (2021-2030) ($MN)
- Table 31 North America Fenitrothion Market Outlook, By Agricultural (2021-2030) ($MN)
- Table 32 North America Fenitrothion Market Outlook, By Public Health (2021-2030) ($MN)
- Table 33 North America Fenitrothion Market Outlook, By Household & Garden Formulations (2021-2030) ($MN)
- Table 34 North America Fenitrothion Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 35 Europe Fenitrothion Market Outlook, By Country (2021-2030) ($MN)
- Table 36 Europe Fenitrothion Market Outlook, By Form (2021-2030) ($MN)
- Table 37 Europe Fenitrothion Market Outlook, By Emulsifiable Concentrates (2021-2030) ($MN)
- Table 38 Europe Fenitrothion Market Outlook, By Wettable Powders (WPs) (2021-2030) ($MN)
- Table 39 Europe Fenitrothion Market Outlook, By Granules (2021-2030) ($MN)
- Table 40 Europe Fenitrothion Market Outlook, By Microencapsulated Formulations (2021-2030) ($MN)
- Table 41 Europe Fenitrothion Market Outlook, By Other Forms (2021-2030) ($MN)
- Table 42 Europe Fenitrothion Market Outlook, By Technology (2021-2030) ($MN)
- Table 43 Europe Fenitrothion Market Outlook, By Controlled-Release Formulations (2021-2030) ($MN)
- Table 44 Europe Fenitrothion Market Outlook, By Conventional Formulations (2021-2030) ($MN)
- Table 45 Europe Fenitrothion Market Outlook, By Nanotechnology-Based Formulations (2021-2030) ($MN)
- Table 46 Europe Fenitrothion Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 47 Europe Fenitrothion Market Outlook, By Application (2021-2030) ($MN)
- Table 48 Europe Fenitrothion Market Outlook, By Agricultural (2021-2030) ($MN)
- Table 49 Europe Fenitrothion Market Outlook, By Public Health (2021-2030) ($MN)
- Table 50 Europe Fenitrothion Market Outlook, By Household & Garden Formulations (2021-2030) ($MN)
- Table 51 Europe Fenitrothion Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 52 Asia Pacific Fenitrothion Market Outlook, By Country (2021-2030) ($MN)
- Table 53 Asia Pacific Fenitrothion Market Outlook, By Form (2021-2030) ($MN)
- Table 54 Asia Pacific Fenitrothion Market Outlook, By Emulsifiable Concentrates (2021-2030) ($MN)
- Table 55 Asia Pacific Fenitrothion Market Outlook, By Wettable Powders (WPs) (2021-2030) ($MN)
- Table 56 Asia Pacific Fenitrothion Market Outlook, By Granules (2021-2030) ($MN)
- Table 57 Asia Pacific Fenitrothion Market Outlook, By Microencapsulated Formulations (2021-2030) ($MN)
- Table 58 Asia Pacific Fenitrothion Market Outlook, By Other Forms (2021-2030) ($MN)
- Table 59 Asia Pacific Fenitrothion Market Outlook, By Technology (2021-2030) ($MN)
- Table 60 Asia Pacific Fenitrothion Market Outlook, By Controlled-Release Formulations (2021-2030) ($MN)
- Table 61 Asia Pacific Fenitrothion Market Outlook, By Conventional Formulations (2021-2030) ($MN)
- Table 62 Asia Pacific Fenitrothion Market Outlook, By Nanotechnology-Based Formulations (2021-2030) ($MN)
- Table 63 Asia Pacific Fenitrothion Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 64 Asia Pacific Fenitrothion Market Outlook, By Application (2021-2030) ($MN)
- Table 65 Asia Pacific Fenitrothion Market Outlook, By Agricultural (2021-2030) ($MN)
- Table 66 Asia Pacific Fenitrothion Market Outlook, By Public Health (2021-2030) ($MN)
- Table 67 Asia Pacific Fenitrothion Market Outlook, By Household & Garden Formulations (2021-2030) ($MN)
- Table 68 Asia Pacific Fenitrothion Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 69 South America Fenitrothion Market Outlook, By Country (2021-2030) ($MN)
- Table 70 South America Fenitrothion Market Outlook, By Form (2021-2030) ($MN)
- Table 71 South America Fenitrothion Market Outlook, By Emulsifiable Concentrates (2021-2030) ($MN)
- Table 72 South America Fenitrothion Market Outlook, By Wettable Powders (WPs) (2021-2030) ($MN)
- Table 73 South America Fenitrothion Market Outlook, By Granules (2021-2030) ($MN)
- Table 74 South America Fenitrothion Market Outlook, By Microencapsulated Formulations (2021-2030) ($MN)
- Table 75 South America Fenitrothion Market Outlook, By Other Forms (2021-2030) ($MN)
- Table 76 South America Fenitrothion Market Outlook, By Technology (2021-2030) ($MN)
- Table 77 South America Fenitrothion Market Outlook, By Controlled-Release Formulations (2021-2030) ($MN)
- Table 78 South America Fenitrothion Market Outlook, By Conventional Formulations (2021-2030) ($MN)
- Table 79 South America Fenitrothion Market Outlook, By Nanotechnology-Based Formulations (2021-2030) ($MN)
- Table 80 South America Fenitrothion Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 81 South America Fenitrothion Market Outlook, By Application (2021-2030) ($MN)
- Table 82 South America Fenitrothion Market Outlook, By Agricultural (2021-2030) ($MN)
- Table 83 South America Fenitrothion Market Outlook, By Public Health (2021-2030) ($MN)
- Table 84 South America Fenitrothion Market Outlook, By Household & Garden Formulations (2021-2030) ($MN)
- Table 85 South America Fenitrothion Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 86 Middle East & Africa Fenitrothion Market Outlook, By Country (2021-2030) ($MN)
- Table 87 Middle East & Africa Fenitrothion Market Outlook, By Form (2021-2030) ($MN)
- Table 88 Middle East & Africa Fenitrothion Market Outlook, By Emulsifiable Concentrates (2021-2030) ($MN)
- Table 89 Middle East & Africa Fenitrothion Market Outlook, By Wettable Powders (WPs) (2021-2030) ($MN)
- Table 90 Middle East & Africa Fenitrothion Market Outlook, By Granules (2021-2030) ($MN)
- Table 91 Middle East & Africa Fenitrothion Market Outlook, By Microencapsulated Formulations (2021-2030) ($MN)
- Table 92 Middle East & Africa Fenitrothion Market Outlook, By Other Forms (2021-2030) ($MN)
- Table 93 Middle East & Africa Fenitrothion Market Outlook, By Technology (2021-2030) ($MN)
- Table 94 Middle East & Africa Fenitrothion Market Outlook, By Controlled-Release Formulations (2021-2030) ($MN)
- Table 95 Middle East & Africa Fenitrothion Market Outlook, By Conventional Formulations (2021-2030) ($MN)
- Table 96 Middle East & Africa Fenitrothion Market Outlook, By Nanotechnology-Based Formulations (2021-2030) ($MN)
- Table 97 Middle East & Africa Fenitrothion Market Outlook, By Other Technologies (2021-2030) ($MN)
- Table 98 Middle East & Africa Fenitrothion Market Outlook, By Application (2021-2030) ($MN)
- Table 99 Middle East & Africa Fenitrothion Market Outlook, By Agricultural (2021-2030) ($MN)
- Table 100 Middle East & Africa Fenitrothion Market Outlook, By Public Health (2021-2030) ($MN)
- Table 101 Middle East & Africa Fenitrothion Market Outlook, By Household & Garden Formulations (2021-2030) ($MN)
- Table 102 Middle East & Africa Fenitrothion Market Outlook, By Other Applications (2021-2030) ($MN)
