Pesticide Inert Ingredients are ingredients other than the active ingredients which are included in the pesticide to stabilize the product, to increase shelf life and to help the pesticide spread over surfaces. Alcohol alkoxylates, alcohol ethoxylates, nonylphenol are some inert ingredients. The Pesticide Inert Ingredients market is expected to grow at a significant rate due to rising demand for pesticides from agriculture sector to ensure food security. Use of inert ingredients increases the efficacy of the application of pesticides on crops and leaves, driving the demand for inert ingredients. However, there are stringent regulations on the use of these ingredients as they can be highly toxic, thus hampering the market growth.
By type, the emulsifier segment is expected to have a significant market growth due to increasing demand for emulsifier-based products as emulsifiers stabilize the mixture of two liquids and avoid the formation of immiscible liquid phases. By source, the bio-based segment is estimated to have a notable growth rate due to the health hazards of synthetic inert ingredients. By form, the liquid segment is estimated to have a significant market share due to reduced wastage and a larger coverage area.
Rising demand for pesticides to ensure food security
Increase in the efficacy of pesticide application on crops
Stringent regulations due to high toxicity
In June 2019, Corteva Agroscience specialising in agricultural chemicals spun off from DowDuPont.
Crystal Crop Protection acquired three insecticide and fungicide brands, Proclaim, Tilt and Blue Copper brands from Syngenta in November 2018.
The Pesticide Inert Ingredients Market has been analyzed through the following segments:
By pesticide type
Middle East and Africa