Increasing usage of agrochemicals in developing countries is driving growth for Molluscicides Industry

Molluscicides are pesticides which kill mollusks, an animal phylum of thousands of invertebrate creatures. Mollusks include octopi and squid, as well as snails and slugs, which are usually targeted by molluscicides. Slugs and snails are well-known by farmers and gardeners as some of the most destructive and annoying pests. They can destroy the leaves and fruit of a large variety of plants. Furthermore, direct drilling and high organic build in crop management has led to increase in population of slugs and snails, thus hindering crop productivity. Further, the golden apple snail (GAS) is among the growing species of snails that attack rice crops in Asian countries. For this reasons, the demand for molluscicides is growing significantly across all regions.

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MOLLUSCICIDES MARKET OUTLOOK

The major factors such as growing usage of agrochemicals in developing countries, infestation of golden apple snail in the rice fields of Asia and demand for horticulture crops are driving the global hemp oil market. Whereas, geographical limitation on molluscicides usage, regulatory restrictions on the use of molluscicide products and traditional pest control methods used by farmers are some factors hampering the global molluscicides market growth.

MOLLUSCICIDES MARKET SEGMENTAL OVERVIEW

The molluscicides market is classified into product type, application and geography.?

MOLLUSCICIDES MARKET BY PRODUCT TYPE?

Based on product type, the molluscicides market is segmented into chemical and biological molluscicides. Further, chemical molluscicides is bifurcated into niclosamide, metaldehyde, ferric phosphate and methiocarb. The ferric phosphate is a compound that combines phosphorous and oxygen with iron. It can kill slugs and snails when eaten. Besides, the toxicity of iron compounds like this depends on the amount of available iron. Furthermore, methiocarb is a carbamate molluscicide used alone or in combination with metaldehyde. It has anticholinesterase, nicotinic and muscarinic activities. The compound is usually in pellet form and dyed blue or yellow so that affected animals can be detected by the blue/yellow staining of their mouths.?

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MOLLUSCICIDES MARKET KEY PLAYERS

Various key companies are involved in the global hemp oil market such as Amvac Chemical Corporation, DeSangosse Ltd., Incotech, Sharda Europe, The Scotts Company Ltd., Unichem Limited, Westland Horticulture Ltd., Adama Agricultural Solutions, American Vanguard Corporation, BASF SE, Bayer CropScience Limited, Certis Europe, Chiltern Farm Chemicals Ltd., De Sangosse, Doff Portland Ltd., Farmco Agritrading Ltd., Lonza Group, Marrone Bio Innovations, Neudorff GmbH, PI Industries, Sipcam Lt.d, Syngenta and W. Neudorff GmbH. Market players are involved in new product launches and mergers & acquisitions to exploit maximum revenue potential in global market.?

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