The diafenthiuron market has been anticipated to expand at the noticeable CAGR in the foreseeable years. The growth avenues in the diafenthiuron market are attributed to numerous factors, such as the inclusion of active insecticide ingredient in some popular products, for example, Polo SC by Syngenta. Along with this, the increasing application of diafenthiuron as an inhibitor of acetylcholinesterase is also predicted to drive the growth prospects in the diafenthiuron market in the near future.
Diafenthiuron can also be used with some other insecticide ingredients in order to terminate the mitochondrial respiration mechanism. It can further cause immediate discontinuation of the respiration and reproduction in mites and various other pests. These actions are likely to be completed through ingestion, fumigation, or contact. Thus, based on these factors, the diafenthiuron market has been estimated to grow at a rapid speed throughout the forecast period.
Agricultural Industry to Drive Diafenthiuron Market Growth
In recent years, insecticide products are gaining significance in the agricultural industry that further bolster expansion opportunities in the diafenthiuron market in the coming years. Various state authorities in India have set certain guidelines in order to protect the crops from menacing pests. These factors are estimated to drive the growth avenues in the diafenthiuron market in the forthcoming years. In addition to this, diafenthiuron is also used as an acaricide for the management of pests of crops. These increased applications are predicted to drive the growth avenues in the diafenthiuron market in the coming years.
The diafenthiuron market has been expected to grow at a noticeable speed due to the significant growth of the pest management industry for commercial and domestic purposes. Further, the agrarian economies across the world are predicted to hold a dominating share in the diafenthiuron market in the coming years. Furthermore, tropical locations, for instance, Central and Latin America and the Indian subcontinent are the large consumers in the diafenthiuron market.