PUBLISHER: IMARC | PRODUCT CODE: 1541486
PUBLISHER: IMARC | PRODUCT CODE: 1541486
The global insect growth regulators market size reached US$ 1,024.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,699.2 Million by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.
Insect growth regulators (IGRs) are compounds that interfere with the growth, development, and metamorphosis of insects. They include synthetic analogs of insect hormones, such as ecdysoids and juvenoids, and non-hormonal compounds like precocenes (Anti JH) and chitin synthesis inhibitors. They mimic the hormones present inside the body of the insect and prevent reproduction, egg-hatching and molting among different insects, including fleas, cockroaches, and mosquitoes. As IGRs are economical, bio-degradable, non-persistent, non-polluting, and non-toxic to humans, animals and plants, their demand is escalating around the world.
With the growing population, reducing arable land and the surging demand for food, farmers are increasing the utilization of pesticides to improve the crop yield. This has resulted in the contamination of soil and groundwater. Additionally, the resistance developed by pests against the repetitive utilization of synthetic pesticides, along with the growing awareness about the negative impact of pesticides on arable land and human health, is positively influencing sales of IGRs across the globe. Moreover, there is a rise in the adoption of environment-friendly crop production products, which is boosting the sales of IGRs as they are highly convenient for being utilized on crops, such as cotton, wheat, tomatoes, and corn. Besides this, due to their high efficiency, there is a considerable increase in the application of IGRs across agriculture, residential and commercial sectors. This, in confluence with the growing adoption of organic farming methods worldwide, is also contributing to the growth of the market. Other factors, such as rising environmental concerns, coupled with increasing awareness about professional pest control services, are anticipated to propel the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global insect growth regulators market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, form and application.
Chitin Synthesis Inhibitors
Juvenile Hormone Analogs and Mimics
Ecdysone Antagonists
Ecdysone Agonists
Aerosol
Liquid
Bait
Agriculture
Residential
Commercial
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Central Life Science (Central Garden & Pet Company), Control Solutions Inc (China National Chemical Corporation), Dow Inc, Nufarm Limited, OHP Inc. (AMVAC Chemical Corporation), Russell IPM Ltd, Sumitomo Chemical Co. Ltd. and Syngenta AG.