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Larvicides Market Size, Share, and COVID-19 Impact Analysis, by Product Type (Synthetic Larvicides and Biolarvicides), by Control Method (Biocontrol Agent, Chemical Agent, and Insect Growth Regulator), by Application (Agriculture and Non-Agriculture), and Regional Forecast, 2023-2030
Report Format: PDF | Published Date: Ongoing | Report ID: FBI109864 | Status : UpcomingLarvicide is a type of insecticide used to control mosquitoes inside and outside the surroundings. They work by killing mosquito larvae before they become adults. Some larvicide formulations are activated when ingested by mosquitoes and some are effective when they come in contact with larvae. The product labeling instructions show that larvicides are not harmful to people, pets, or the environment. Licensed mosquito control professionals apply Environmental Protection Agency (EPA)-registered larvicides using backpack sprayers, trucks, or airplanes, depending on the size of the affected area.
Larvicides come in many forms, such as liquid, dunks, tablets, bits, pellets, granules, and briquettes. Liquid larvicide products are applied straight to water using truck- or aircraft-mounted sprayers. Other mentioned forms are applied to areas where mosquitoes lay eggs. Larvicide demand is rising in developing and under-developed nations due to the growing instances of devastation caused by mosquito-borne diseases such as malaria, dengue, and others. This kind of disease creates the product demand. In addition, the government takes significant actions related to the mosquito-borne diseases that fuel the larvicide market growth.
Impact of COVID-19 on the Larvicides Market
The COVID-19 pandemic impacted the global larvicides market. The pandemic affected the supply chains through labor, processing, transport, logistics, and momentous shifts in demand. The sudden outbreak of COVID-19 led to some countries having to implement strict blockade regulations, disrupting the import and export activities of larvicides. The impact of the pandemic-related shutdown and the March 2020 oil price collapse further exacerbated the oversupply tension which some chemical producers were already faced with. The economic downturn caused a decline in the product demand in local and export markets. The oil price fluctuation and interruption in raw materials further affected the larvicides market.
Segmentation
By Product Type | By Control Method | By Application | By Geography |
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Analysis by Control Method
Based on control method, the larvicides market is segmented into biocontrol agents, chemical agents, and insect growth regulators. The chemical agent is expected to account for the highest market share. Chemical larvicides can efficiently suppress mosquito larvae. They are specially made to kill mosquito larvae at different stages of development. In developing regions, chemical agents such as organophosphates are extensively used to treat water infected by the mosquito. Therefore, the demand for chemical agents is rising in the market. Demand for insect growth regulators can be seen significantly increasing due to their benefits. Insect growth regulators help to eradicate insects at an early stage of their lifecycle and reduce the risk of pest attacks on fully grown crops to increase productivity, which may increase the demand for insect growth regulators among consumers.
Key Insights
The report covers the following key insights:
- Overview of the Insecticides Market – For Larvicides Market
- The Product Launched By Key Market Players – For Larvicides Market
- Key Trends in the Larvicides Market
- Regulatory Analysis
- Impact of COVID-19 on the Larvicides Market
Regional Analysis
Asia Pacific is anticipated to hold the largest share in the larvicides market. The regional market growth is driven by the rising awareness of mosquito-borne diseases and their impact on public health. Countries in these regions, particularly those with tropical and subtropical climates, are prone to disease outbreaks carried by most mosquitoes and other vectors. As a result, there is a growing demand for larvicides to control mosquito larvae and reduce the spread of diseases such as dengue and malaria. Additionally, the growth in the region due to the high production of crops to meet the national consumption requirements and the growing usage of warehouse and grain storage units to minimize wastage may increase the demand for larvicide in this region.
North America is expected to record an increase in market share in the upcoming years. This is due to public health concerns related to vector-borne diseases such as Zika and West Nile Virus.
Key Players Covered
The report includes the profiles of key players such as BASF SE (Germany), Gowan Company, LLC (U.S.), Syngenta Crop Protection AG (Switzerland), Bayer (Germany), Nufarm Limited (Australia), Russell IPM (U.K.), Sumitomo Chemical (Japan), Certis USA LLC (U.S.), ADAMA Agricultural Solutions Ltd. (Israel), and Isagro (Italy).
Key Industry Developments
- In September 2023, Safeway Pest Control Limited, a Bangladesh-based private company, launched three BTI (Bacillus Thuringiensis Israelensis) for the management of larvicides of mosquito populations. The company claimed it to be an effective and environmentally friendly method to control dengue fever.
- In May 2020, ADAMA Ltd acquired Alfa Agricultural Supplies SA, Greece's leading supplier of crop protection products and other related inputs for agriculture. The acquisition would help the company in the expansion of its product portfolio.
- In November 2019, the Zoological Survey of India (ZSI) developed a plant-based mosquito larvicide, teaming up with a Kolkata-based company, Bio Guard Eco Solutions. The product is claimed to be the first of its kind in the country and will help control the menace of mosquito-borne diseases such as dengue, malaria, and chikungunya, among others.
- Global
- 2023
- 2019-2022