Microencapsulated Pesticides Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Herbicides, Insecticides, Fungicides, Rodenticides and Others), By Technology (Physical, Physico-chemical and Chemical), By Application (Agricultural and Non-agricultural), By Region and Competition 2018-2028

  • Industry : Agriculture
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 550.64 Million

CAGR (2023-2028)

11.42%

Fastest Growing Segment

Fungicides

Largest Market

North America

 

Market Overview

Global Microencapsulated Pesticides Market has valued at USD 550.64 Million in 2022 and is anticipated to project impressive growth in the forecast period with a CAGR of 11.42% through 2028. Microencapsulated pesticides refer to pesticides that have a protective coating encapsulating the active component. This controlled release approach enhances the efficiency of insecticides. Microencapsulated pesticides are utilized in crop fields, agricultural commodities warehouses, and cattle feed storage to prevent pests. Unlike liquid spray insecticides, which can cause skin-related diseases upon contact, microencapsulated pesticides are preferred. The application method involves combining the capsules with water and sprinkling them over the agricultural field, allowing the capsules to break apart and become active against pests.

Compared to conventional liquid insecticides, microencapsulation has shown benefits such as reduced odor, precise dosage, and increased safety. The cost of microencapsulation may vary depending on the technology employed, which directly affects the cost of the encapsulated capsules. The demand for microencapsulated pesticides continues to grow as the agriculture industry expands, driven by shifting consumer preferences towards healthy, organic, and vegan meals that require increased crop production. Microencapsulated pesticides find utility in industrial, institutional, and residential applications due to their ability to eliminate odor and release pesticides in controlled amounts over an extended period.

Key Market Drivers

Growing Awareness About the Benefits of Microencapsulated Pesticides

The global demand for microencapsulated pesticides is expected to surge in the coming years as awareness of their benefits escalates. These pesticides, encased in a protective coating, offer several advantages over traditional formulations. They have the potential to reduce environmental contamination, bolster efficiency, and enhance the safety of pesticide application. Microencapsulation allows for the controlled release of pesticides, enhancing their longevity and reducing the frequency of application. This not only saves time and resources but also minimizes exposure to harmful chemicals. Furthermore, microencapsulated pesticides resist degradation from environmental factors, preserving their efficacy for longer periods. They are also less likely to cause harm to non-target species, promoting biodiversity. As the awareness of these benefits grows, farmers, agricultural companies, and governments worldwide are increasingly embracing microencapsulated pesticides. This rising consciousness, coupled with the urgent need for sustainable farming practices, is set to drive global demand for microencapsulated pesticides, transforming the landscape of pest management in agriculture.

Increase in Integrated Pest Management (IPM) Practices

The global market for microencapsulated pesticides is anticipated to witness significant expansion, largely driven by the increasing adoption of Integrated Pest Management (IPM) practices. As agricultural industry stakeholders continue to recognize the environmental and health hazards associated with conventional pesticides, there's a growing emphasis on sustainable pest management solutions like IPM. This practice emphasizes the judicious use of pesticides, employing them as a last resort and favoring more environmentally friendly pest control methods. Microencapsulated pesticides, offering targeted pest control with reduced pesticide exposure, align perfectly with IPM's principles. These encapsulated products release the active ingredients slowly over time, minimizing the quantity required and the environmental impact. They also reduce the risk of pesticide resistance, a growing concern in pest management. Furthermore, the encapsulation technology enhances the effectiveness of the pesticides, increasing crop yield and economic returns. Therefore, as the agriculture industry continues to embrace IPM globally, the demand for microencapsulated pesticides is expected to rise in parallel, driving the market growth.

Growing Demand for High-Value Crops

The global agricultural industry is witnessing a significant shift towards high-value crops, such as fruits, vegetables, spices, and ornamental plants. This trend is primarily driven by a surge in consumer preferences for fresh and high-quality produce, influenced by growing health awareness. The cultivation of these high-value crops requires superior pest management strategies to prevent losses and ensure optimum yield. Herein lies the growing relevance of microencapsulated pesticides. These pesticides, encapsulated in microscopic shells, offer controlled release of active ingredients, thereby providing longer-lasting protection against pests while reducing the frequency of application. Furthermore, microencapsulation minimizes the exposure of non-target organisms to harmful pesticides and lowers the risk of environmental pollution, aligning with the sustainable farming practices increasingly demanded by regulators and informed consumers. As such, the rise in high-value crop cultivation is expected to boost the global demand for microencapsulated pesticides. This trend is further emphasized by the ongoing global food security challenges, emphasizing the need for efficient and sustainable crop protection solutions. Hence, the growing demand for high-value crops is inextricably linked to the increasing demand for microencapsulated pesticides, globally.

Increase in Resistance of Pests to Conventional Pesticides

The escalation of pest resistance to conventional pesticides is a pressing concern worldwide, threatening the stability of agricultural industries and food security. As pests develop immunity to traditional pesticides, farmers and agricultural businesses grapple with the challenge of finding efficacious alternatives. This predicament has led to a surge in demand for microencapsulated pesticides globally. Unlike conventional pesticides, microencapsulation encases the active ingredient in a protective shell, releasing it slowly and providing prolonged pest control. This method reduces the quantity of pesticides needed, mitigating environmental harm while enhancing effectiveness by mitigating rapid degradation and evaporation, ensuring sustained action against pests. The increased effectiveness of microencapsulated pesticides serves as a promising solution for controlling pesticide-resistant pests, thereby increasing their demand. Additionally, microencapsulation also enhances the safety of pesticide handling, reducing the exposure risks for agricultural workers. Therefore, as the issue of pest resistance intensifies, the global agricultural community's reliance on microencapsulated pesticides is expected to rise, driving the market growth.


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Key Market Challenges

Increasing Stringent Regulations

The global demand for microencapsulated pesticides is anticipated to decrease due to increasingly stringent regulations being imposed worldwide. These regulations are driven by a growing awareness of the potential environmental and health impacts of these pesticides. Microencapsulation is a process that encases pesticides in tiny capsules, which are then mixed with water and sprayed on crops. While this method has been lauded for its effectiveness in controlling pests, concerns have arisen over its potential for water contamination, as the tiny pesticide capsules can often be carried away by rain or irrigation water. Additionally, there are worries about the long-term effects of these pesticides on non-target organisms, as well as the possibility of pests developing resistance to these chemicals. As a result, regulatory bodies around the world are tightening the rules regarding the use of microencapsulated pesticides. This, in turn, is expected to lower their global demand as manufacturers and farmers look for safer and more environmentally friendly alternatives.

High Production Costs

High production costs are a significant factor anticipated to impact the global demand for microencapsulated pesticides negatively. The encapsulation process is complex and requires sophisticated technology and expertise, leading to elevated manufacturing expenses. This is particularly challenging for industries in developing countries where access to such advanced technology is limited. As a result, the cost of these pesticides increases substantially, making them less affordable for many potential buyers, especially small-scale farmers who represent a large portion of the market. Furthermore, high production costs also necessitate higher retail prices to maintain profitability, which could discourage consumers due to budget constraints. In today's competitive market, affordability is a pivotal determinant of product demand, and the economic burden of high-cost microencapsulated pesticides could potentially drive consumers towards cheaper, traditional pesticide alternatives. Hence, unless cost-effective production methods are developed and adopted, high production costs could indeed substantially decrease the global demand for microencapsulated pesticides.

Key Market Trends

Advancements in Targeted Pest Control

Advancements in targeted pest control techniques are anticipated to escalate the global demand for microencapsulated pesticides. By confining pesticides to tiny, biodegradable capsules, microencapsulation allows for a targeted, controlled release of the pesticide, minimizing environmental impact and increasing the effectiveness of pest management strategies. This innovative approach enhances pest control precision, reduces unintended exposure for non-target organisms, and mitigates potential health risks for humans. As global farming practises increasingly prioritize sustainable, efficient pest control strategies, microencapsulated pesticides are forecasted to gain significant traction. The adoption of these advanced products can provide effective, longer-lasting protection against pests, while reducing the overall usage of harmful chemicals. Additionally, microencapsulation technology supports the incorporation of smart, sensor-based applications in pest control, offering farmers real-time data on pest activities and pesticide performance. These benefits, combined with increasing governmental support for environmentally-friendly farming practises and the continuing technological evolution in the pest control industry, are predicted to drive the worldwide demand for microencapsulated pesticides.

Improved Shelf Life & Stability of Microencapsulated Products

The global demand for microencapsulated pesticides is expected to rise substantially due, in large part, to the improved shelf life and stability of these products. Microencapsulation is a process that coats pesticides in a protective shell, effectively enhancing their longevity and performance. This technology accords several benefits; chief among them, it prolongs the shelf life of the pesticides, reducing waste and leading to cost savings. Additionally, the enhanced stability of these products means that they can withstand various environmental conditions without losing their effectiveness, thereby guaranteeing consistent results. Furthermore, the controlled release of the pesticides ensures sustained protection over a prolonged period, reducing the frequency of applications needed and, in turn, the associated labor costs. These advantages are likely to appeal to end-users in both developed and developing countries, driving the global demand for microencapsulated pesticides. In the face of increasing pest resistance and stricter regulatory norms, such innovative solutions are particularly appealing, promising improved crop yields and optimal resource use.

Segmental Insights

Type Insights

Based on the Type, the Herbicides segment holds a dominant position in the Global Microencapsulated Pesticides Market. This is primarily due to the increasing demand for high agricultural productivity and the escalating need for food security, driven by the growing global population. Herbicides play a crucial role in weed control, allowing crops to thrive by minimizing competition for nutrients, water, and sunlight. However, it is important to note that the market dynamics are ever evolving, and other segments like Insecticides and Fungicides are also experiencing substantial growth. These segments address specific challenges in pest management and disease control, contributing to the overall efficacy and sustainability of crop production. As the demand for microencapsulated pesticides continues to rise, it is expected that further advancements and innovations will shape the market landscape, providing even more effective and environmentally friendly solutions for farmers worldwide.

Technology Insights

Based on the Technology, in the Global Microencapsulated Pesticides Market, the physico-chemical category clearly dominates due to its efficient combination of physical and chemical properties. This unique blend not only enhances stability, bioavailability, and controlled release mechanisms of the pesticides but also provides additional benefits. The extended effectiveness of these physico-chemical microencapsulated pesticides ensures prolonged protection against pests, offering a reliable and sustainable solution for pest control needs. With their targeted delivery system, these pesticides precisely target pests, minimizing environmental impact and maximizing efficiency. The advanced formulation of these microencapsulated pesticides enables them to withstand various environmental conditions, ensuring consistent and long-lasting pest control results.


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Regional Insights

In the market landscape, North America emerges as the dominant player, holding the largest market share, followed closely by Europe throughout the forecast period. The remarkable growth in these developed regions can be attributed to their vast population base, coupled with continuous technological advancements and rapid industrialization. However, this progress has come at a cost, as the expansion of industries has encroached upon precious farmland, leading to a decline in soil fertility. This shift in land use and agricultural practices has necessitated the adoption of innovative solutions, such as microencapsulated insecticides, to enhance agricultural yield and combat pests effectively. Looking beyond North America and Europe, we find that the Asia Pacific region emerges as the third-largest market, closely followed by Latin America. The presence of emerging economies and a significant population base in these regions makes agriculture the primary source of income for the majority of their economies.

For instance, in India alone, agriculture, forestry, and fisheries contribute to approximately 17 percent of the overall GDP, as reported by the Indian Agricultural Statistics Research Institute (IASRI). Consequently, all these factors, including population growth, economic development, and the reliance on agriculture, are projected to drive the demand and expansion of microencapsulated pesticides over the forecast period, shaping the future of the industry.

Recent Developments

  • In February 2021, FMC Corporation established a strategic collaboration with Novozymes, the global leader in biological solutions. The objective of this partnership is to conduct research, co-develop, and commercialize crop protection solutions based on biological enzymes for growers across the globe. Under a multi-year global agreement, the two companies have joined forces to work on enzyme-based biocontrol technology for the fungicide and insecticide markets on a global scale.
  • In January 2019, the Environmental Protection Agency granted approval to FMC Corporation's Lucento Fungicide.

Key Market Players

  • Bayer AG
  • BASF SE
  • ADAMA Agricultural Solutions Ltd.
  • FMC Corporation
  • Syngenta AG
  • Yara International ASA
  • Sumitomo Chemical Co., Ltd.
  • Israel Chemical Company Group Ltd.
  • Nufarm Limited
  • Botanocap

 By Type

By Technology

By Application

By Region

 
  • Herbicides
  • Insecticides
  • Fungicides
  • Rodenticides
  • Others
  • Physical
  • Physico-chemical
  • Chemical
  • Agricultural
  • Non-agricultural
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Report Scope:

In this report, the Global Microencapsulated Pesticides Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Microencapsulated Pesticides Market, By Type:

o   Herbicides

o   Insecticides

o   Fungicides

o   Rodenticides

o   Others

  • Microencapsulated Pesticides Market, By Technology:

o   Physical

o   Physico-chemical

o   Chemical

  • Microencapsulated Pesticides Market, By Application:

o   Agricultural

o   Non-agricultural

  • Microencapsulated Pesticides Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Microencapsulated Pesticides Market.

Available Customizations:

Global Microencapsulated Pesticides market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Microencapsulated Pesticides Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Microencapsulated Pesticides Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Herbicides, Insecticides, Fungicides, Rodenticides and Others)

5.2.2.    By Technology (Physical, Physico-chemical and Chemical)

5.2.3.    By Application (Agricultural and Non-agricultural)

5.2.4.    By Region

5.2.5.    By Company (2022)

5.3.  Market Map

6.    North America Microencapsulated Pesticides Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Technology

6.2.3.    By Application

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Microencapsulated Pesticides Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Technology

6.3.1.2.3.           By Application

6.3.2.    Canada Microencapsulated Pesticides Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Technology

6.3.2.2.3.           By Application

6.3.3.    Mexico Microencapsulated Pesticides Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Technology

6.3.3.2.3.           By Application

7.    Europe Microencapsulated Pesticides Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Technology

7.2.3.    By Application

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Microencapsulated Pesticides Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Technology

7.3.1.2.3.           By Application

7.3.2.    United Kingdom Microencapsulated Pesticides Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Technology

7.3.2.2.3.           By Application

7.3.3.    Italy Microencapsulated Pesticides Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecasty

7.3.3.2.1.           By Type

7.3.3.2.2.           By Technology

7.3.3.2.3.           By Application

7.3.4.    France Microencapsulated Pesticides Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Technology

7.3.4.2.3.           By Application

7.3.5.    Spain Microencapsulated Pesticides Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Technology

7.3.5.2.3.           By Application

8.    Asia-Pacific Microencapsulated Pesticides Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Technology

8.2.3.    By Application

8.2.4.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Microencapsulated Pesticides Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Technology

8.3.1.2.3.           By Application

8.3.2.    India Microencapsulated Pesticides Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Technology

8.3.2.2.3.           By Application

8.3.3.    Japan Microencapsulated Pesticides Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Technology

8.3.3.2.3.           By Application

8.3.4.    South Korea Microencapsulated Pesticides Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type

8.3.4.2.2.           By Technology

8.3.4.2.3.           By Application

8.3.5.    Australia Microencapsulated Pesticides Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type

8.3.5.2.2.           By Technology

8.3.5.2.3.           By Application

9.    South America Microencapsulated Pesticides Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Technology

9.2.3.    By Application

9.2.4.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Microencapsulated Pesticides Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Technology

9.3.1.2.3.           By Application

9.3.2.    Argentina Microencapsulated Pesticides Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Technology

9.3.2.2.3.           By Application

9.3.3.    Colombia Microencapsulated Pesticides Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Technology

9.3.3.2.3.           By Application

10. Middle East and Africa Microencapsulated Pesticides Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Technology

10.2.3. By Application

10.2.4. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Microencapsulated Pesticides Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Technology

10.3.1.2.3.         By Application

10.3.2. Saudi Arabia Microencapsulated Pesticides Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Technology

10.3.2.2.3.         By Application

10.3.3. UAE Microencapsulated Pesticides Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Technology

10.3.3.2.3.         By Application

10.4.             Drivers

10.5.             Challenges

11. Market Trends & Developments

11.1.             Recent Development

11.2.             Mergers & Acquisitions

11.3.             Product Launches

12. Global Microencapsulated Pesticides Market: SWOT Analysis

13. Porter’s Five Forces Analysis

13.1.             Competition in the Industry

13.2.             Potential of New Entrants

13.3.             Power of Suppliers

13.4.             Power of Customers

13.5.             Threat of Substitute Products

14. Competitive Landscape

14.1.             Bayer AG

14.1.1. Business Overview

14.1.2. Service Offerings

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. SWOT Analysis

14.2.             BASF SE

14.3.             ADAMA Agricultural Solutions Ltd.

14.4.             FMC Corporation

14.5.             Syngenta AG

14.6.             Yara International ASA

14.7.             Sumitomo Chemical Co., Ltd.

14.8.             Israel Chemical Company Group Ltd.

14.9.             Nufarm Limited

14.10.          Botanocap

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Microencapsulated Pesticides Market was estimated to be USD 550.64 Million in 2022.

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Physico-chemical microencapsulated pesticides dominate the Global Microencapsulated Pesticides Market. Their unique combination of physical and chemical properties leads to superior stability, enhanced bioavailability, and controlled release mechanisms. These pesticides offer longer-lasting effectiveness, extended protection, and targeted delivery, making them the preferred choice for reliable and sustainable pest control solutions.

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North America leads the market with the largest share, followed by Europe, due to population base, technological advancements, and industrialization.

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Growing demand for high-value crops and growing awareness about the benefits of microencapsulated pesticides are the major drivers for the Global Microencapsulated Pesticides Market.

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Sakshi Bajaal

Business Consultant
Press Release

Microencapsulated Pesticides Market to Grow with a CAGR of 11.42% through 2028

Oct, 2023

Increase in resistance of pests to conventional pesticides and improved shelf life & stability of microencapsulated products is expected to drive the Global Microencapsulated Pesticides Market growth

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