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Molluscicides Market Worth $727.8 Million by 2023 - Exclusive Report by MarketsandMarkets��

    
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On the basis of application, the agricultural segment is estimated to hold the larger share of the molluscicides market in 2018. The agricultural application of molluscicides includes cereals & grains; fruits & vegetables; and oilseeds & pulses, while the non-agricultural application includes residential and commercial uses. The applicability of molluscicides is mainly limited to low-lying crops that are susceptible to attacks by snails and slugs that travel through water bodies.




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On the basis of type, the chemical molluscicides segment dominated the global molluscicides market in 2018. Metaldehyde and methiocarb are the main active ingredients used in chemical molluscicides. For many decades, chemical molluscicides have been widely used in the market. However, the US EPA restricts the use of metaldehyde as a pesticide due to its negative impact on the environment and on the health of animals and humans.

 

North America is estimated to be the largest market for molluscicides in 2018. The high production of corn, oilseeds, and horticulture crops in the region is the major driver for the molluscicides market. Bulk production of these crops creates the need for molluscicides to control insects, pests, and weeds for better and efficient production. The key players in the US market include AMVAC Chemical Corporation (US) and Marrone Bio Innovations Inc. (US). To gain market share, these companies are adopting strategies such as innovative product developments, partnerships, mergers & acquisitions, and expansions of existing facilities.

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This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as Lonza Group ( Switzerland ), Bayer CropScience ( Germany ), American Vanguard Corporation (US), BASF ( Germany ), Adama Agricultural Solutions ( Israel ), Marrone Bio Innovations (US), De Sangosse (UK), Doff Portland (UK), Certis Europe ( Netherlands ), PI Industries ( India ), Syngenta ( Switzerland ), and Neudorff GmbH ( Germany ).

 

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