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Pesticides are chemicals that control a variety of pests that damage crops & livestock and reduce farm productivity. Organophosphate (OP) compounds are a group of pesticides that includes some of the most toxic chemicals used in agriculture. OP compounds are the most widely used pesticides worldwide and their metabolites are used across different populations.
Rise in the global food demand and low cost with efficient outputs drive the organophosphate pesticides market. However, stringent regulations about the utility & distribution of organophosphate pesticides and eco-friendly substitutes of OP pesticides hamper their growth. The surging demand from emerging economies presents tremendous opportunities for the growth of the organophosphate pesticides market in future.
The global organophosphate pesticides market is segmented on the basis of ingredient, application, type, and geography. Based on ingredient, it is divided into malathion, diazinon, glyphosate, methamidophos, dimethoate, chloropyriphos, parathion, and others. Based on application, the market is segmented into crop based and non-crop based. The type includes herbicide, fungicide, insecticide, and others. Geographically, the market has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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