Ethiprole Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
23195 | Date :
Jan, 2023 | Pages :
168 | Region : Global |
Publisher : RI
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 Global Ethiprole Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Ethiprole Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Bayer
Heteng In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
MeSH Tree
ChEBI Ontology
KEGG: Pesticides
WIPO IPC
ChemIDplus In Market segmentation by applications :
Rice Crops
Sugarcane
Others
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? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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