DUBLIN--(BUSINESS WIRE)--The "Pesticide Inert Ingredients Market by Type (Emulsifiers, Solvents, and Carriers), Source (Synthetic and Bio-based), Form (Dry and Liquid), Pesticide Type (Herbicides, Insecticides, Fungicides, and Rodenticides), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The market for pesticide inert ingredients is estimated at USD 3.46 billion in 2018; it is projected to grow at a CAGR of 6.14% to reach USD 4.66 billion by 2023.
The market is primarily driven by North America and Europe, as there is a significant production of pesticide inert and active ingredients in these regions, particularly from pesticide manufacturers; and there is a strong presence of major players for pesticide inert ingredients.
The emulsifiers segment dominated the market with a share of 32.8% in 2017; this is attributed to the capability of emulsifiers to form an oil-water-based emulsion and prevent the separation of substances, thereby stabilizing the formulation.
The type of inert ingredients to be used depends upon the type of formulation and the active ingredient in the pesticide formulation. Sometimes, a single formulation may contain one or more types of inert ingredients, based on the requirement of the formulation.
Key companies in the market include BASF SE (Germany), DowDuPont (US), Royal Dutch Shell Plc (Netherlands), AkzoNobel N.V. (Netherlands), Stepan Company (US), Eastman Chemical Company (US), Croda International Plc (UK), Solvay S.A. (Belgium), Evonik Industries AG (Germany), Huntsman International LLC (US), Clariant (Switzerland), and LyondellBasell Industries N.V. (Netherlands).
These companies have their chemical or specialty chemical products with wide industrial applications, which also include agriculture. They have constantly been developing their products in response to the various industrial needs.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Pesticide Inert Ingredients Market, By Type
7 Pesticide Inert Ingredients Market, By Source
8 Pesticide Inert Ingredients Market, By Form
9 Pesticide Inert Ingredients Market, By Pesticide Type
10 Pesticide Inert Ingredients Market, By Region
11 Competitive Landscape
12 Company Profiles
- BASF SE
- Croda International
- Eastman Chemical Company
- Evonik Industries
- Huntsman Corporation
- Lyondellbasell Industries Holdings B.V.
- Royal Dutch Shell
- Solvay S.A.
For more information about this report visit https://www.researchandmarkets.com/research/fhsnzl/pesticide_inert?w=4