Molluscicides Market - Global Forecast to 2021 - New Market Research Report

From: Fast Market Research, Inc.
Published: Wed Jun 01 2016

Molluscicides Market by Source (Chemical Molluscicides, Biological Molluscicides), Type (Metaldehyde, Methiocarb, Ferrous Phosphate), Method of Application (Sprays, Powders, Pellets), Application, and by Region - Global Forecast to 2021

"Molluscicides market is projected to grow at a CAGR of 4.1%"

The molluscicides market, estimated at USD 548.0 million in 2015, is projected to grow at a CAGR of 4.1%, to reach USD 695.8 million by 2021. The market is driven by factors such as increasing cultivation of horticulture crops, sudden influx of snails in new regions, and newly developed rain-fast characteristics of molluscicide products. The high growth potential in the Asia-Pacific region and untapped regions provides new growth opportunities for market players.

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"Metaldehyde molluscicides led the market with the largest share in 2015"

On the basis of type, the molluscicides market is led by the metaldehyde segment, followed by methiocarb and ferrous phosphate. Metaldehyde has been widely used since the inception of molluscicides, globally. It has recorded the highest snail control effectiveness among other ingredient types. Metaldehyde is most widely available in the pellet form in the North American and Asia-Pacific regions.

"China: The future of the molluscicides market"

There are a large number of manufacturers and suppliers of metaldehyde and methiocarb active ingredient molluscicides in China that offer products at very competitive prices. Even though the demand for molluscicides in the domestic or neighboring markets is limited, Chinese manufacturers are increasingly exploring higher profitability and trade opportunities in western countries, especially in the European region. China is likely to increase its market share in the next five years by competing with the U.S. and European countries by offering low-cost molluscicidal solutions with wide applicability.

The U.S. is expected to be the fastest growing country-level market and accounted for the largest share in 2015.

Break-up of primaries:

* By Company Type: Tier 1 - 50 %, Tier 2 - 30%, Tier 3 - 20%
* By Designation: C level - 28%, Director level - 22%, Others - 50%
* By Region: North America - 40%, Europe - 20%, Asia-Pacific - 30%, RoW - 10%

Leading players profiled in this report:

* Lonza Group AG (Switzerland)
* Bayer CropScience AG (Germany)
* BASF SE (Germany)
* Adama Agricultural Solutions Ltd (Israel)
* Marrone Bio Innovations Inc. (U.S.)
* American Vanguard Corporation (U.S.)
* De Sangosse (France)
* W. Neudorff GmbH KG (Germany)
* Doff Portland Ltd (U.K.)
* Certis Europe B.V (The Netherlands)

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