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Miticide also known as acaricide is a chemical substance used to control mites or ticks (especially species that damage ornamental or food plants), which are not susceptible to commonly used insecticides. Azobenzene, dicofol, ovex, and tetradifon are commonly used miticides. Pesticides play a crucial role in controlling insects and weeds in the agriculture industry. According to the article “Agricultural Development, Pesticide Application, and Its Impact on the Environment,” without pesticides, there would be a 78% loss in fruit production, a 54% loss in vegetable production, and a 32% loss in cereal production. This implies the crucial role of pesticides in reducing diseases and increasing crop yields. According to the United Nations, the global population is expected to rise by ~2 billion people over the next 30 years; it would surge from 8 billion in 2022 to 9.7 billion by 2050. It has also led to a surge in the agricultural sector due to increasing food demand. Miticides help keep crops healthy and disease free by killing ticks and mites. Mites are invertebrate organisms that usually feed on plants and animals. They attack several crops, such as canola, pulses, and legumes, causing distorted leaves and cracked stems. Miticides kill mites and prevent plants from various contagious diseases, and their function significantly aids in the growth of the miticides market.

 

In 2022, Asia Pacific held the largest share of the global miticides market. Factors contributing to the miticides market growth in the region are the growing awareness about crop protection chemicals among farmers, increasing number of government subsidies, and rising food demand due to the growing population. Further, the growing fruits & vegetable industry has propelled the demand for miticides in Asia Pacific. India, China, and Japan are among the top fruit and vegetable-producing countries in the region. The surge in demand for excellent agricultural products and high productivity and yield are boosting the use of miticides in these countries, which is driving the miticides market in the region.

Some of the major players operating in the global miticides market include Nihon Nohyaku Co Ltd, Kemin Industries Inc, BASF SE, Bayer AG, FMC Corp, Gowan Co, Syngenta AG, UPL Ltd, Oro Agri International BV, and Certis USA LLC.

Backlink to be use: https://www.theinsightpartners.com/reports/miticides-market

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