The growth of the global endosulfan market has been steadying down over the past few years. This majorly owes to bans imposed on the use of endosulfan across multiple industries and regions. The agrochemical utility of endosulfan has generated a ray of hope for the vendors in the global endosulfan market in recent times. Endosulfan is an insecticide whose composition portrays an extra O atom joined to the S atom. The unique composition of endosulfan imparts a number of physical and chemical properties to it. The toxicity of endosulfan is the primary reason behind the adverse impacts of the chemical. The global revenue index of the endosulfan market could improve in the coming years if bans on the product are relaxed.
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This blog by TMR Research on the global endosulfan market is a deft explanation of the forces that have aided market growth.
- Growth of Agriculture Sector
The global endosulfan market has gained respectable revenues from the growth of the agricultural industry. Pests such as cabbage worms, leafhoppers, and whiteflies can be controlled with the help of endosulfan. Hence, the global endosulfan market is projected to expand at a stellar pace in the years to follow.
2. Expansion of Asia Pacific Market
On the basis of geography, the global endosulfan market has been segmented into North America, Latin America, the Middle East and Africa (MEA), and Asia Pacific (APAC). The global endosulfan market in Asia Pacific is expected to reap respectable revenues due to the growth of the Indian agricultural industry.
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