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Molluscicides are pesticides which kill mollusks, an animal phylum of thousands of invertebrate creatures. Mollusks include octopi and squid, as well as snails and slugs, which are usually targeted by molluscicides. Slugs and snails are well-known by farmers and gardeners as some of the most destructive and annoying pests. They can destroy the leaves and fruit of a large variety of plants. Furthermore, direct drilling and high organic build in crop management has led to increase in population of slugs and snails, thus hindering crop productivity. Further, the golden apple snail (GAS) is among the growing species of snails that attack rice crops in Asian countries. For this reasons, the demand for molluscicides is growing significantly across all regions.
The major factors such as growing usage of agrochemicals in developing countries, infestation of golden apple snail in the rice fields of Asia and demand for horticulture crops are driving the global hemp oil market. Whereas, geographical limitation on molluscicides usage, regulatory restrictions on the use of molluscicide products and traditional pest control methods used by farmers are some factors hampering the global molluscicides market growth.
The molluscicides market is classified into product type, application and geography.
Based on product type, the molluscicides market is segmented into chemical and biological molluscicides. Further, chemical molluscicides is bifurcated into niclosamide, metaldehyde, ferric phosphate and methiocarb. The ferric phosphate is a compound that combines phosphorous and oxygen with iron. It can kill slugs and snails when eaten. Besides, the toxicity of iron compounds like this depends on the amount of available iron. Furthermore, methiocarb is a carbamate molluscicide used alone or in combination with metaldehyde. It has anticholinesterase, nicotinic and muscarinic activities. The compound is usually in pellet form and dyed blue or yellow so that affected animals can be detected by the blue/yellow staining of their mouths.
Various application were studied in the report such as agricultural and non-agricultural. The agriculture is further divided into fruits & vegetables, cereals & grains and oilseeds & pulses. Likewise non-agricultural is bifurcated into commercial and residential. There is an increase in the usage of molluscicides in the agricultural because of the application of molluscicides to crops such as corn, rice, and wheat. Furthermore, molluscicides can be effective for controlling targeted mollusks. Currently, only copper sulfate and copper chelate formulations have been utilized as a viable molluscicide treatment in open water systems with proper permitting. Niclosamide may be used for controlling snail (mollusks) populations in aquaculture ponds.
The molluscicides market report is studied across the key countries of North America, Europe, Asia Pacific and Rest of the World. The North America region dominated the molluscicides market, owing to the presence of large number of crop fields in United States and declining crop productivity due to rising number of slugs and snails has resulted to preference towards application of molluscicides to crops among the farmers in the United States. Whereas, Asia Pacific is anticipated to witness the fastest growth rate during the forecast period due to the increasing demand for agrochemicals.
Various key companies are involved in the global hemp oil market such as Amvac Chemical Corporation, DeSangosse Ltd., Incotech, Sharda Europe, The Scotts Company Ltd., Unichem Limited, Westland Horticulture Ltd., Adama Agricultural Solutions, American Vanguard Corporation, BASF SE, Bayer CropScience Limited, Certis Europe, Chiltern Farm Chemicals Ltd., De Sangosse, Doff Portland Ltd., Farmco Agritrading Ltd., Lonza Group, Marrone Bio Innovations, Neudorff GmbH, PI Industries, Sipcam Lt.d, Syngenta and W. Neudorff GmbH. Market players are involved in new product launches and mergers & acquisitions to exploit maximum revenue potential in global market.
July 4, 2017, ADAMA Agricultural Solutions Ltd., acquired Hubei Sanonda Co., Ltd in a reverse merger transaction. Hubei Sanonda Co., Ltd. manufactures and sells pesticides, veterinary drugs, intermediates, and chemical products in China and internationally.
September 2017, American Vanguard Corporation announced that its wholly owned subsidiary AMVAC Netherlands BV, has completed the acquisition of Grupo Agricenter, a leader in agricultural solutions in Central America and the Caribbean. Terms of the deal were not disclosed.
September 25, 2017, American Vanguard Corporation announced that its wholly owned subsidiary AMVAC Chemical Corporation acquired OHP, Inc. OHP is a leading provider of technology based pesticide solutions specifically packaged and labeled for greenhouse and nursery production applications. Products are marketed utilizing a network of leading distribution partners throughout the United States and Puerto Rico.
October 2017, Bayer signed an agreement to sell selected Crop Science businesses to BASF for EUR 5.9 billion. The assets to be sold generated net sales of approximately EUR 1.3 billion in 2016. The assets to be sold include Bayer’s global glufosinate-ammonium business and the related LibertyLink™ technology for herbicide tolerance, essentially all of the company’s field crop seeds businesses, as well as respective research and development capabilities.
The molluscicides market is classified into product type, application and geography. Based on product type, the molluscicides market is segmented into chemical and biological molluscicides. Further, chemical molluscicides is bifurcated into niclosamide, metaldehyde, ferric phosphate and methiocarb. The ferric phosphate is a compound that combines phosphorous and oxygen with iron. It can kill slugs and snails when eaten. Besides, the toxicity of iron compounds like this depends on the amount of available iron. Various application were studied in the report such as agricultural and non-agricultural. The agriculture is further divided into fruits & vegetables, cereals & grains and oilseeds & pulses. Likewise non-agricultural is bifurcated into commercial and residential. There is an increase in the usage of molluscicides in the agricultural because of the application of molluscicides to crops such as corn, rice, and wheat. The molluscicides market report is studied across the key countries of North America, Europe, Asia Pacific and Rest of the World. The North America region dominated the molluscicides market, owing to the presence of large number of crop fields in United States and declining crop productivity due to rising number of slugs and snails has resulted to preference towards application of molluscicides to crops among the farmers in the United States. Whereas, Asia Pacific is anticipated to witness the fastest growth rate during the forecast period due to the increasing demand for agrochemicals.
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