What is Global Terbufos Market?
The Global Terbufos Market is a specialized and in-depth study of the chemical industry with a special focus on the global market trend analysis. Terbufos is an organophosphate compound that is commonly used as an insecticide and nematicide. It is a highly toxic substance that is used to control pests in a variety of crops. The global market for Terbufos is growing due to the increasing demand for this chemical in the agriculture sector. However, the market is also facing challenges due to the harmful effects of this chemical on the environment and human health. Despite these challenges, the market is expected to grow in the coming years due to the increasing demand for food and the need for effective pest control methods. The market is also influenced by the policies and regulations of different countries regarding the use of pesticides.
Purity: ≥85%, Purity: ≥88% in the Global Terbufos Market:
In the Global Terbufos Market, there are two main types of purity levels: ≥85% and ≥88%. The purity level of Terbufos is an important factor as it determines its effectiveness in controlling pests. The higher the purity level, the more effective the Terbufos is in killing pests. The market for Terbufos with a purity level of ≥85% is larger as it is more commonly used in the agriculture sector. However, the market for Terbufos with a purity level of ≥88% is also growing as it is more effective and has less impact on the environment. The demand for high purity Terbufos is expected to increase in the future due to the growing awareness about the harmful effects of pesticides on the environment.
Corn, Beet, Cereal Sorghum, Other in the Global Terbufos Market:
The Global Terbufos Market is used in a variety of crops including corn, beet, cereal sorghum, and others. In corn, Terbufos is used to control rootworms, wireworms, and other soil pests. It is applied to the soil before planting the corn to kill the pests that can damage the roots of the corn plants. In beet, Terbufos is used to control nematodes, wireworms, and other soil pests. It is also applied to the soil before planting the beet to kill the pests that can damage the roots of the beet plants. In cereal sorghum, Terbufos is used to control wireworms, rootworms, and other soil pests. It is applied to the soil before planting the cereal sorghum to kill the pests that can damage the roots of the cereal sorghum plants. In other crops, Terbufos is used to control a variety of pests depending on the type of crop and the pests that are common in that crop.
Global Terbufos Market Outlook:
The Global Terbufos Market was valued at US$ 91 million in 2022 and is expected to reach US$ 110.7 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. This growth is driven by the increasing demand for Terbufos in the agriculture sector. The market is dominated by two major players, AMVAC Chemical and Coromandel, who together accounted for 88% of the global sales of Terbufos in 2018. These companies have a strong presence in the market due to their wide product portfolio, strong distribution network, and strong brand recognition. However, the market is also facing challenges due to the harmful effects of Terbufos on the environment and human health. Despite these challenges, the market is expected to grow in the future due to the increasing demand for food and the need for effective pest control methods.
| Report Metric | Details |
| Report Name | Terbufos Market |
| Accounted market size in 2022 | US$ 91 in million |
| Forecasted market size in 2029 | US$ 110.7 million |
| CAGR | 2.8% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | AMVAC Chemical, Coromandel |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
