Dublin, Aug. 19, 2020 (GLOBE NEWSWIRE) -- The "Integrated Pest Management (IPM) Pheromones - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 6th edition of this report. The 134-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Integrated Pest Management (IPM) Pheromones Market to Reach $3.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Integrated Pest Management (IPM) Pheromones estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$3.6 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027.
Sex Pheromone, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$2.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Aggregation Pheromone segment is readjusted to a revised 5.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $765.6 Million, While China is Forecast to Grow at 4.3% CAGR
The Integrated Pest Management (IPM) Pheromones market in the U.S. is estimated at US$765.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$630.1 Million by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
Alarm Pheromone Segment to Record 5.7% CAGR
In the global Alarm Pheromone segment, USA, Canada, Japan, China and Europe will drive the 5.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$160.9 Million in the year 2020 will reach a projected size of US$238.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$409 Million by the year 2027.
Competitors identified in this market include, among others:
- AGRICHEM, S.A.
- ATGC Biotech Pvt. Ltd.
- Bioline AgroSciences Ltd.
- Hercon Environmental
- Laboratorio Agrochem, S.L.
- Russell IPM Ltd.
- SemiosBio Technologies Inc.
- Shin-Etsu Chemical Co., Ltd.
- Sumi Agro France
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Integrated Pest Management (IPM) Pheromones Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Total Companies Profiled: 44
For more information about this report visit https://www.researchandmarkets.com/r/1w0l81
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager email@example.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900