Allied Market Research

2024

Chlorpyrifos Market

Chlorpyrifos Market Size, Share, Competitive Landscape and Trend Analysis Report by Form and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

MC : Renewable, Speciality and fine chemicals

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Author's: | Eswara Prasad
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A white crystal-like solid with strong odor, Chlorpyrifos is an organophosphate pesticide used to kill different pests including termites, mosquitoes, and roundworms. The product was first registered by Dow Chemical Company in 1965.

It is extensively used in agriculture, residential, and commercial sector to control insects. It is utilized for crops such as cotton, corn, almonds, and fruit trees such as bananas, oranges, and apples. In agriculture, it is used in soybeans, fruit & nut trees, cranberries, broccoli, Brussels sprouts, cauliflower, and others. Its non-agricultural uses include turf, golf courses, and green houses.

The chlorpyrifos products are sold as liquids, water dispersible granules, wettable powders, and water soluble packets. It has a slightly acrid odor, similar to rotten eggs or garlic. According to the World Health Organization, chlorpyrifos is considered moderately hazardous to humans and exposure to chlorpyrifos may lead to neurological effects, autoimmune disorders, and persistent development.

Chlorpyrifos is extensively use in agriculture industry to control different types of insects and the demand is expected to remain high during the forecast period. Further, its increased adoption owing to its effective use as a pesticide and insecticide in farming and animal care sector boosts the market growth. However, EPA indicates that a single application of chlorpyrifos poses significant risk specifically to the endangered species. However, the harmful effects and stringent government regulations associated with the use of chlorpyrifos hamper the global market growth.

The global chlorpyrifos market is segmented based on its form, application, and geography. On the basis of form, it is categorized into liquid, powder, granular, and others. On the basis of application, it is divided into agriculture, commercial, and residential. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

  • This report provides an extensive analysis of the current & emerging market trends and dynamics of the global chlorpyrifos market.
  • In-depth analysis of all regions is conducted by constructing the market estimations for key segments to identify the prevailing opportunities.
  • The report assists to understand the strategies adopted by the companies for market expansion.
  • Evaluation of the competitive landscape is provided to understand the market scenario across various regions.
  • Extensive analysis is conducted by following key player positioning and monitoring the top competitors within the market framework.

Chlorpyrifos Market Report Highlights

Aspects Details
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By Form
  • LIQUID
  • POWDER
  • GRANULAR
  • OTHERS
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By Application
  • Agriculture
  • Commercial
  • Residential
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Key Market Players

Shandong Tiancheng Biological Technology Co., Ltd., Nantong Jinnuo Chemical Co., Ltd., Meghmani Organics Limited, Anhui Fengle Agrochemical, Makhteshim Agan Group, Shanxi Sanwei Fenghai Chemical

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Chlorpyrifos Market

Global Opportunity Analysis and Industry Forecast, 2023-2032