Insect Pheromones Market Size, Share, Growth, and Industry Analysis, By Type (Portable Type and Desktop Type), By Application (Petrochemical, Automotive, Aerospace, Healthcare, Chemicals and Advanced Materials, and Others), Regional Insights, and Forecast To 2032

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Insect Pheromones Market REPORT OVERVIEW

The global insect pheromones market size was USD 0.48 billion in 2024 and market is expected to touch USD 0.94 billion by 2032, exhibiting a CAGR of 8.7% during the forecast period. Asia-Pacific is dominating the insect pheromones market share in 2024.

An insect pheromone is a chemical factor that causes a social reaction in insects and other members of the same species. Pheromones are chemicals that act as hormones outside the body of the individuals secreting them, influencing the behaviour of those receiving them. Pheromones influence the behaviour or physiology of animals in many ways, such as alarm pheromones, food trail pheromones, or even sex pheromones. Pheromones are used by basic unicellular prokaryotes to complex multicellular eukaryotes.

COVID-19 Impact: Pandemic strike on the market growth globally

During the COVID-19 outbreak, the world’s economy has confronted a slowdown and adverse effects on the entire business industry. Largely, the manufacturing, import & export, and agriculture sectors witnessed a negative impact worldwide. Hence, the global insect pheromones market growth, demand, and supply are affected directly by coronavirus outbreaks. Resulted, it hindered the global pheromone mark entirely.

LATEST TRENDS

"Hiking the Implementation of Unify Pest management Inflate Market Scope"

In recent years, the utilization of pest management is an ongoing trend. Several farmers use pheromone traps such as tube traps and broad traps for trapping moths, and fruit flies, and preventing rotten fruits & vegetables. Further, the use of pesticides is in demand in agriculture despite its harmful effects on human health and the environment. Thus, the growing awareness of the side effects of pesticides, and substitute crop protection techniques are lifting demand for insect pheromones in the market.

Insect Pheromones Market SEGMENTATION

• By Type

On the basis of type, the market is alienated into sex pheromones, aggregation pheromones, and others.

In terms of the type, sex pheromones are the largest segment.

• By Application

On the basis of application, the market is divided into fruits and vegetables, field crops, and others.

In respect of the application, field crops are the largest segment.

DRIVING FACTORS

"Growing inclination of sustainable agricultural practices strengthening market growth"

Agriculture pheromones are highly profitable. The insecticides and pesticides are utilised to accomplish the finest harvests & yields all over the world. Besides, advancements in agricultural technology in developed countries like Europe and North America can provide growth opportunities for manufacturers of insect pheromones. In addition to the convenience of using aerosol formulations, remote sensing technology enables effective monitoring, which is boosting sales. Insect pheromones are usually species-specific and those can be used to target a particular species of insects only. Therefore, market players are focusing on developing enhanced pheromone dispensers, traps, and sprays that can target multiple insect species concurrently.

"Rising awareness regarding the disadvantageous of synthetic pesticides to augment market growth"

Another driving factor is consumers’ growing awareness of pesticides and insecticides' harmful effects on human health, farmers are improving their agricultural practices. Thus, sustainable crop management systems and the use of biopesticides became widespread. In the coming years, increasing R&D initiatives are expected to drive the agricultural pheromones market.

Semiochemicals, such as pheromones and allelochemicals are organic, biodegradable, and safe pesticides. Consequently, in recent years, major companies have been investing in research and development in order to diversify the application area for these pesticides and therefore, push growth in the market. Numerous horticulturists and farmers are using sex pheromones and attractants to curb crop-damaging insects.

RESTRAINING FACTORS

"High Preservation and Production Expenses to Limit Market Growth "

The global insect pheromone market has some challenging factors as well. The high cost of pheromone insecticide products as compared to traditional insecticides is one of the leading constraints. Besides, high maintenance, particular action of pheromones can cause as a drawback, and skilled labour to use pheromone products are the other factor that can restrict the global insect pheromone market growth.

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Insect Pheromones MarketREGIONAL INSIGHTS

"Asia Pacific escalating the demand to expand market evolution"

In the context of regional insights, Asia Pacific is projected to be the wildest growing market in terms of insect pheromones market over the forecast period. The demand for insect pheromones in the agriculture sector is hiking due to its sustainable and biodegradable solution in the Asia Pacific region. Several Asian countries are prosperous in agricultural produce. The world’s largest agriculture producer countries come from the Asia Pacific. Therefore, these aspects are projected to provide flattering conditions for the growth of the global insect pheromones market in forthcoming years.

KEY IN DUSTRY PLAYERS

"Innovative & environmentally safe product development to reinforce market progress"

The key players have gained a significant position in the global insect pheromones market growth. A number of companies such as Shin-Etsu, BASF, Suterra, Biobest Group, Isagro, Bedoukian Research, Hercon Environmental, Koppert Biological Systems, and rest of other distinguished companies performing the major role in technological advancement, innovative product unveilings, investment in R&D, implementing sustainable agriculture solution. Also, leading key players own the global insect pheromones market shares excessively. Further, key players’ industry position score and market performance score, market evaluation, competitive tactics, product manufacturing, the top companies’ strategies, and comprehensive landscape determine the market evolution in the coming forecast period.

LIST OF TOP Insect Pheromones COMPANIES

• Shin-Etsu
• BASF
• Suterra
• Biobest Group
• Isagro
• Bedoukian Research
• Hercon Environmental
• Koppert Biological Systems
• Pherobio Technology
• Russell IPM
• SEDQ Healthy Crops
• Certis Europe
• Agrobio
• Jiangsu Wanhe Daye
• ISCA
• Scentry Biologicals

RECENT DEVELOPMENT

"In June 2022:" The PATS-C IPM system was specifically designed for strawberry crops by Biobest. The novel scouting system can help in reducing moth numbers and controlling aphid populations.

"In March 2021:" The Bayer Company launched Vynyty Citrus, a product designed to control pests on citrus farms using pheromones and biology. It's a container that contains active liquid. This is the only citrus fruit pest control product formulated with pheromones and pyrethrum

"In October 2020:" Trece Incorporated Launched CIDETRAK IMMMEC, a sprayable MEC formulation that controls Indian Meal Moth (IMM), Plodia interpunctella, tobacco moth Epihestia ellerutella, almond moth Cadra cautuellla, raising moth Cadra figulilella and Mediterranean flour moth, Epihestia kuehniella.

REPORT COVERAGE

In the context of the report, it is assessed the market size, share, growth rate, previous and current market scenarios. Also, the report collects the market’s precise data and forecasts by market experts. As well as provide an understanding of the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks. Applications and competitive landscape have also been analyzed in detail to provide a clear interpretation of the competitive landscape

In this research report, various aspects have been mentioned based on research methodologies which describe price trend analysis of target companies, collection of data, statistics, target competitors, import-export and grey area result information, and previous years’ records on the basis of market sales, purchases, and profit of the aluminum welding wires market.

Additionally, the report concentrates on a comprehensive analysis of the “global insect pheromones market” and makes forecasts about its expansion in the near future. Market research offers insights into all its features of all significant factors influencing the markets for instance small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players in detail and provides data on the market value, revenue demand, supply, and others.

The distinguished industry players have an impact on the global insect pheromones market shares. The major objective of this report is to provide insights into the market development trends, valuable analysis of key market players,product portfolios, market challenges, and strategies to overcome those challenges. a deep understanding of how the industry functions, which will help to set out more about strategy.