Transparency Market Research in its new report titled, “Larvicides Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the larvicides market. The TMR report anticipates that the rising concerns related to reducing number of malaria and dengue cases will drive the larvicides market during the forecast period i.e, 2018-2026.
Dengue and malaria are vector-borne diseases and is being considered as the major public health causing problems worldwide. Both diseases poses a major threat in many tropical countries causing infections in more than 100 million people each year. Asia, Latin America, the Middle East, sub-Saharan Africa and several parts of Europe are the regions affected by malaria and dengue. Hence there tenacity in concerns over controlling the rise in number of cases of these kind of diseases. Owing to this factor, several major chemical solution manufacturers and concerned international organizations have been taking steps and coming up with products such as larvicides which plays an important role in controlling the production of larvaes.
On the basis of control method, the Global Larvicides Market has been segmented as – biocontrol agents, chemical agents and insect growth regulator. On the basis of insects targeted, the global larvicides market has been segmented as – larvicides for mosquitoes and larvicides for flies. On the basis of the end use, the global larvicides market has been segmented as – public health, agricultural, commercial, residential, and livestock. Asia, Latin America, the Middle East, sub-Saharan Africa and several parts of Europe are major malaria prone regions. Owing to the rising concerns over figuring out on reducing the number of malaria and dengue cases paves a critical opportunity for larvicides market in these target regions.
The report also discusses the recent developments in the market. Like, major shareholding companies for larvicides have been strategizing on coming up with innovative products catering to the varying needs. In the year 2015, Sumitomo Chemical, developed SumiLarv® 2 MR, a novel, long-lasting larvicide formulation that is effective in preventing dengue fever. In the year 2014, Syngenta, initiated the second phase expansion of its Innovation Center in Triangle Park. The $94 million expansion will include 200,000 square feet of specially designed laboratories, office areas and meeting spaces connected to the Advanced Crop Lab. In the year 2017, Russell IPM launched Optiroll Super plus, in the USA market during the Biocontrol East exhibition.
Some of the major companies operating in the global larvicides market are included in this report to give a better competitive landscape and these are Sumitomo Chemical, Nufarm, Certis, Summit Chemical, Syngenta, Adama, Eli Lily and Company, Russell IPM, Central Garden & Pet Co., BASF, Bayer among others.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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