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The rising organic waste generation is the main factor driving the development of the Europe insecticides industry for waste management. This is due to the existence of nations like Italy, Sweden, and Austria, which use significant amounts of biomass for energy generation. Also, the rising concerns of insect transferrable diseases, the increasing demand for food grains due to the growing population, accelerating crop losses due to pests, the growing services of commercial pest management, improvement in agricultural practices, and the lowering of per capita farmland are some of the factors aiding the growth of the Europe insecticides market.
Further, favourable measures conducted by Europe waste management legislation continue to boost the development of Europe insecticides industry in the waste management sector. The governments in countries like Germany, the United Kingdom, and France, for instance, have taken recycling or reuse measures to reduce waste accumulation. High insecticidal prices, however, are one of the significant factors that might hamper the market growth. On the contrary, due to the existence of a large number of players in the region, Europe's insecticides market share for waste management is dominant in the worldwide waste management industry. It is anticipated that the effect of such driving factors will exceed that of the restrictions, thus, aiding the growth of the Europe insecticides market.
Europe Insecticides Market Size
Europe Insecticides Market Analysis
Europe Insecticides Market Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the Europe insecticides market attained a value of nearly USD 4.83 billion.
The market is projected to grow at a CAGR of 5.1% between 2024 and 2032.
The market is estimated to grow in the forecast period of 2024-2032 to reach about USD 7.58 billion by 2032.
The major market drivers include the growth of the commercial pest management sector, favourable waste management legislations, growing focus to reduce crop losses, and technological advancements.
The key trends guiding the growth of the market include the launch of innovative product range by manufacturers and the growing R&D activities.
The major countries for insecticides in Europe are the United Kingdom, France, Germany, and Italy, among others.
Larvicide and adulticide are the leading insecticide types in the market.
The significant waste treatment methods considered in the market report are mechanical biological treatment (MBT), incineration, and anaerobic digestion.
Toxic bait, dichlorvos vaporizer, outdoor space-spraying, and larvicide sprayers, among others, are the major methods of application in the market.
Organophosphorus compounds, pyrethroids compounds, neonicotinoid compounds, and insect growth regulator are the leading active ingredients present in the product.
The major market players include Viridor Ltd, BTA International GmbH, Nehlsen AG, FCC Austria Abfall Service AG, and Amey Plc, among others.
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