Globally increasing consumption of environment friendly pesticides has been a major factor driving market growth. In addition, growing adoption of organic farming techniques has led to the increased utilization of insect growth regulators.
The Global Insect Growth Regulators (IGRs) Market is expected to reach USD 1.23 billion by 2025, according to a new report by Grand View Research, Inc.
IGRs are considered as a safer alternative to insecticides. These are non-toxic in nature and degrade rapidly. They also do not contaminate the groundwater and soil. The application of IGRs does not lead to harmful effects on advantageous soil microbes, animals, and humans. Numerous advantages of IGRs, such as lesser harmful impact on the environment and enhanced compatibility with pest management practices, make them attractive alternatives to several insecticides.
Juvenile hormone analogs and mimics were the fastest growing product category in 2016 and is expected to maintain a substantial growth rate over the forecast period. Chitin synthesis inhibitors was the major IGR consumed with a share of over 42% in 2016.
To Know More About Insect Growth Regulators (IGRs) Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/insect-growth-regulators-market
Insect growth regulators (IGRs) act by interrupting the reproductive cycle of an insect. They inhibit the larvae from attaining adult stage. Insects have an external skeleton known as exoskeleton. As the life cycle of the pest advances and reaches the molting stage, a new skeleton develops inside the old exoskeleton, which is shed later. Different types of insect growth regulators act at this stage by releasing a hormone, which prevents the pest from developing further. IGRs have a long residual activity but are slow in terms of delivering immediate effects as they do not kill the pest instantly. They are more compatible for use along with other pest management systems that involve biological controls.
Insect growth regulators market is expected to witness a significant growth in the coming years on account of increasing product requirement in application areas such as agriculture, residential, and commercial. In agriculture, IGRs are used in case of livestock as well as farming by farmers, home gardeners, landscapers, and horticulturalists. Commercial users of the product include government bodies and several other pest management professionals, who entail the use of IGRs for controlling infestations from ticks, mosquitoes, fleas, and flies.
Commercial applications are expected to observe the fastest growth over the next eight years with an estimated CAGR of around 6.7% from 2016 to 2025. Commercial applications of IGRs include government pest control programs at public places, commercial office buildings, schools, hospitals, and aircrafts. Agriculture applications dominated the overall market in 2016. Farmers are adopting safer alternatives of harmful insecticides for application in farmlands and livestock. Moreover, increasing prevalence of organic farming and integrated pest management are posing huge demand towards demand of IGRs insect growth regulators in the global market.
Top Players of Insect Growth Regulators (IGRs) Market:
Key players including Bayer AG, Central Life Science, OHP, Inc., Syngenta AG, Dow AgroSciences LLC, Helm Agro US, Inc., Nufarm Limited, Russell IPM, Valent USA LLC
Inquire About Insect Growth Regulators (IGRs) Market with Our Experts @ http://bit.ly/2I2SVgR
The Global Insect Growth Regulators (IGRs) Market is expected to reach USD 1.23 billion by 2025, according to a new report by Grand View Research, Inc.
IGRs are considered as a safer alternative to insecticides. These are non-toxic in nature and degrade rapidly. They also do not contaminate the groundwater and soil. The application of IGRs does not lead to harmful effects on advantageous soil microbes, animals, and humans. Numerous advantages of IGRs, such as lesser harmful impact on the environment and enhanced compatibility with pest management practices, make them attractive alternatives to several insecticides.
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| Insect Growth Regulators Market |
Juvenile hormone analogs and mimics were the fastest growing product category in 2016 and is expected to maintain a substantial growth rate over the forecast period. Chitin synthesis inhibitors was the major IGR consumed with a share of over 42% in 2016.
To Know More About Insect Growth Regulators (IGRs) Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/insect-growth-regulators-market
Insect growth regulators (IGRs) act by interrupting the reproductive cycle of an insect. They inhibit the larvae from attaining adult stage. Insects have an external skeleton known as exoskeleton. As the life cycle of the pest advances and reaches the molting stage, a new skeleton develops inside the old exoskeleton, which is shed later. Different types of insect growth regulators act at this stage by releasing a hormone, which prevents the pest from developing further. IGRs have a long residual activity but are slow in terms of delivering immediate effects as they do not kill the pest instantly. They are more compatible for use along with other pest management systems that involve biological controls.
Insect growth regulators market is expected to witness a significant growth in the coming years on account of increasing product requirement in application areas such as agriculture, residential, and commercial. In agriculture, IGRs are used in case of livestock as well as farming by farmers, home gardeners, landscapers, and horticulturalists. Commercial users of the product include government bodies and several other pest management professionals, who entail the use of IGRs for controlling infestations from ticks, mosquitoes, fleas, and flies.
Commercial applications are expected to observe the fastest growth over the next eight years with an estimated CAGR of around 6.7% from 2016 to 2025. Commercial applications of IGRs include government pest control programs at public places, commercial office buildings, schools, hospitals, and aircrafts. Agriculture applications dominated the overall market in 2016. Farmers are adopting safer alternatives of harmful insecticides for application in farmlands and livestock. Moreover, increasing prevalence of organic farming and integrated pest management are posing huge demand towards demand of IGRs insect growth regulators in the global market.
Top Players of Insect Growth Regulators (IGRs) Market:
Key players including Bayer AG, Central Life Science, OHP, Inc., Syngenta AG, Dow AgroSciences LLC, Helm Agro US, Inc., Nufarm Limited, Russell IPM, Valent USA LLC
Inquire About Insect Growth Regulators (IGRs) Market with Our Experts @ http://bit.ly/2I2SVgR
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