Diazinon is an odorless and colorless organophosphorus pesticide, which is used to control pests in agricultural fields, ornamental plants, soil, vegetable, and fruit farming fields. It is also used as a garden and household product to control fleas, flies, and cockroaches. Diazinon is also exploited to make ear tags for cattle. It is a synthetic chemical, which does not occur naturally in the environment. Diazinon is sold under several trade names including Basudin, Alfatox, Dazzel, AG 500, Knoxout, and Gardentox.
MARKET DYNAMICS
Diazinon is considered as an extremely effective pest control agent across the globe. It comes from an organophosphorus insecticide family, which holds 30% of global insecticide sales. The major factors that drive the adoption of diazinon include rising demand for food, growing usage of genetically modified crops, and the acceptance of novel farming practices. According to the study by the International Academy of Ecology and Environmental Sciences (IAEES), preventing the use of pesticides during vegetables, fruits, and cereals production may result in a loss of 54%, 78%, and 32% of total loss in the overall yield. While the usage of pesticides such as diazinon decreased the loss by 35% of the overall production. This resulted in the increased usage of the product in farming lands, thereby augmenting the market share.
MARKET SCOPE
The "Global Diazinon Market Analysis to 2028"? is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Diazinon market with detailed market segmentation by product type, distribution channel and geography. The global Diazinon market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Diazinon market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Diazinon market is segmented on the basis of product type. On the basis of application the global Diazinon market is segmented into oil seeds, fruits & vegetables, grains & cereals, turf & ornamental grass, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Diazinon market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Diazinon market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Diazinon market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Diazinon market in these regions.
MARKET PLAYERS
The reports cover key developments in the Diazinon market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Diazinon market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the Diazinon market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Diazinon market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Adama Agricultural Solutions Ltd
- ADVANCE AGRO CHEMICALS SHANGHAI LIMITED
- Drexel Chemical
- JOSHI AGROCHEM PHARMA
- Nufarm Ltd.
- SinoHarvest
- Syngenta AG
- UPL
- Xinyi Taisong Chemical Co., Ltd.
- Zhejiang Heben Pesticide & Chemicals Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.