Developing Economies surge the Demand for Home Insecticides

in #market-research4 years ago (edited)

Home insecticides are known to be pesticides that come in great range of formulations. Different types of delivery systems exist in market which are effective in controlling and killing household insects and pests like larvae. These insecticide’s toxicity level is known to be very minimal for humans. Its ingestion and exposure can induce immediate effects as well us long lasting side effects. Producers and manufactures in the market are making improvements in home insecticides in its different properties like effectiveness, human tolerance, toxicity and applicability. Different variations of formulations of the home insecticides exist in market significantly expand the global market.

Gardeners and farmers are major beneficiaries

Home insecticides have gained traction worldwide, especially in developing economies for its potential to control indoor pests such as ants, beetles, cockroaches, bugs and mosquitoes. Gardeners and farmers have enhanced the demand and use of these home insecticides. They prominently use it to protect their farm produce from pests.

Insecticides are used in weed controlling sprays in homes in different areas like gardens and lawns. Growth in demand for non-toxic chemicals that are highly effective in killing the pests that exist in homes are creating momentum in the global market for home insecticides. Increased focus of population towards developing heathy communities is one of the primary factors of market growth. Homes insecticides are increasingly used in regular routines of pest controls in homes.

Global home insecticides market can be segmented into different types of products which are spray/ aerosol insecticides, insecticides coils, electric insecticides and insecticides baits. Different prominent compositions of global home insecticides market are N,N-diethyl-meta-Toluamide (DEET), geraniol, hydroxyethyl isobutyl piperidine carboxylate (picaridin or icaridin) and citronella oil.

Home insecticides negatively impact human health

Insecticides market lacks proper knowledge and storage applications of home insecticides. This education gap inhibits the market growth. Improper knowledge gives rise to cases of human exposures by accident which negatively influences human health and environment. Improper use of these insecticides are capable to generate health concerns in residential communities. Specific guidelines for spraying and application of home insecticides have been made to avoid occurrence of any negative effect. Ends-user are educated and they focus on reducing exposure to these insecticides.
Developing economies have emerged as prominent market for home insecticides owing to the high prevalence rate of infectious diseases like dengue and malaria in the region. These regions have also witnessed surge in spraying across households to control the fast expansion if malaria vectors.

Manufactures in the global market are focused to develop home insecticides that are less toxic in nature. Organic home insecticides is the latest entrants in the market that promises minimal negative impact. Commercial availability of such products generate plethora of opportunities in the global market for different stake holders. Stake holders in the global market are focused towards developing home insecticides with enhanced efficacy and increased application.

Prominent players in the global home insecticides market are Earth Chemical Co., Ltd., BASF SE, Syngenta, SC Johnson & Son and DuPont.

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