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Organophosphate Insecticides Market Size

  • Report ID: GMI12663
  • Published Date: Dec 2024
  • Report Format: PDF

Organophosphate Insecticides Market Size

The global organophosphate insecticides market was valued at USD 8.5 billion in 2024 and is estimated to grow at a CAGR of over 5.2% from 2025 to 2034.

 

The organophosphate insecticides industry is driven by its diverse applications across agriculture, horticulture, and public health. In agriculture, organophosphates are widely used to control pests in crops like cereals, fruits, vegetables, and plantation crops, ensuring higher yields and quality produce. In horticulture, these insecticides protect ornamental plants and turfgrass from infestations. Non-agricultural applications include pest control in residential and commercial spaces, where their broad-spectrum efficacy addresses household pests like ants, termites, and mosquitoes. Public health initiatives also utilize organophosphates for vector control to combat diseases such as malaria and dengue.
 

Growth in this market is influenced by increasing global food demand, which necessitates effective pest management to ensure crop productivity. The affordability of organophosphate insecticides compared to newer alternatives further supports their widespread use. However, stringent regulatory norms and environmental concerns are shaping the market, encouraging manufacturers to focus on developing safer formulations with lower toxicity and improved environmental profiles. Technological advancements in precision agriculture are enhancing the targeted application of these insecticides, reducing wastage and environmental impact. Additionally, integrated pest management (IPM) practices are driving a shift toward combining organophosphates with other sustainable pest control methods, contributing to steady market growth.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for organophosphate insecticides was valued at USD 8.5 billion in 2024 and is projected to reach USD 14 billion by 2034, driven by a CAGR of over 5.2% during the forecast period.

The chlorpyrifos segment accounted for over USD 2.6 billion in 2024 and is expected to grow at a CAGR of 5.5% from 2025 to 2034, driven by its broad-spectrum efficacy and versatility in pest control.

China's market was valued at over USD 956.9 million in 2024 and is expected to grow at a CAGR of 5.4% during 2025-2034, driven by its large agricultural sector and government support for pest management technologies.

Major players in the industry include ADAMA, BASF SE, Bayer AG, Compass Minerals, Israel Chemical Company, K+S Group, Nufarm Limited, Sumitomo Chemicals, Syngenta Crop Protection AG, UPL, and Yara International.

Organophosphate Insecticides Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 11
  • Tables & Figures: 165
  • Countries covered: 18
  • Pages: 235
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