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Pesticide adoption is predicted to drive the growth of the pesticide inert components market in the future.

The global pesticide inert ingredients market size is expected to grow from $4.46 billion in 2022 to $4.83 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The global pesticide inert ingredients market size is expected to reach $6.36 billion in 2027 at a CAGR of 7%.

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 Global Pesticide Inert Ingredients Market Segments Include:

• By Type: Emulsifiers, Solvents, Carriers, Other Types
• By Source: Synthetic, Bio-based
• By Form: Dry, Liquid, Other Forms
• By Pesticide Types: Insecticides, Herbicides, Fungicides, Rodenticides, Other Pesticide Types
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global pesticide inert ingredients market in 2021.

Major Market Players in the pesticide inert ingredients market include BASF SE, Clariant Specialty Chemicals, Croda International plc, DuPont, Eastman Chemical Company, Huntsman International LLC, LyondellBasell Industries Holdings B.V., Solvay.

In the pesticide inert component market, technological developments are a prominent trend. To maintain their market position, major pesticide inert ingredients businesses are focusing on creating breakthrough technology. For example, Syngenta AG, a Swiss agrichemical business, will debut PLINAZOLIN, an active pesticide component with a unique mode of action for effective insect control, in November 2021. PLINAZOLIN technology will manage stinkbugs, mites, thrips, caterpillars, flies, and beetles in over 40 crops, including cotton, soybean, corn, rice, coffee, and a range of fruits and vegetables. The method can also be used to treat seeds, as well as in forestry and professional pest management programmes. This new technology will raise the bar in terms of performance and protect crops from a variety of pests.

The Pesticide Inert Ingredients Global Market Report 2023  provides a pesticide inert ingredients market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The pesticide inert ingredients market forecast analyzes pesticide inert ingredients market size, pesticide inert ingredients market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Pesticide inert ingredients are components and compounds that are added to pesticides alongside active ingredients. It is used to aid the active ingredient’s penetration of plant surfaces and to lengthen the shelf life of pesticide formulations.

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