Top 3 Emerging Trends Impacting the Acaricides Market | Technavio

October 5, 2017

LONDON–(BUSINESS WIRE)–#Research–Technavio’s latest report on the global
acaricides market provides an analysis of the most important
trends expected to impact the market outlook from 2017-2021. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.

Acaricides are primarily used in agriculture, animal husbandry, and
household applications. The growing demand for food has led to a
significant growth in the global acaricides market. South America, APAC,
and Africa are the key contributors to the region. Factors such as a
rise in disposable incomes, demographic changes, increasing focus on
agricultural activities by the government, and rapid urbanization have a
positive influence on the market. Also, changing food habits, growing
environmental awareness, and increasing preference for organic products
drive the growth of the global acaricides
market.

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The top three emerging trends driving the global acaricides market
according to Technavio chemicals
and materials research analysts are:

Increasing focus on product launches by manufacturers
Rapid growth in the bioactive acaricides market
Use of acaricides for wildlife preservation

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Increasing focus on product launches by manufacturers

Many established vendors have increased their R&D activities on
acaricides that are used in agriculture, animal husbandry, and household
applications. Many countries ban certain acaricides due to their toxic
content that causes harm to humans, non-target organisms, and the
environment.

“The vendors emphasize the presence of organic ingredients in
acaricides to reduce the toxic content and make them biodegradable. Such
acaricides cause minimal harm to humans and are safe for non-target
organisms. Many vendors have commercially launched products such
as abamectin, fenazaquin, spiromesifen, fenpyroximate, and hexythiazox.
New acaricides are required as these contain toxic materials,” says
Mohd Shakeel Iqbal, a lead analyst at Technavio for research on specialty
chemicals.

Rapid growth in the bioactive acaricides market

Acaricides are used in agriculture, animal husbandry, and household
applications. They are banned because of their harmful effects on
animals, humans, and the environment. Some plant oils act as pest
repellents and affect the host which includes animal skin, plants, and
others. Plant extracts are safer alternatives to prevent infestation.
The use of organic products in acaricides will gain popularity as these
are biodegradable and safe for the environment.

“Vendors offer several alternatives to control pests. A metabolite is
popularly used against ticks and mites. Though organic ingredients are
not yet commercialized for agriculture activities, animal husbandry, and
domestic applications, these have immense potential for growth in the
future,” adds Shakeel.

Use of acaricides for wildlife preservation

Ticks and mites adversely affect the wild animals. Many wildlife
preservation bodies use acaricides in wildlife sanctuaries to protect
wild animals from diseases caused by ticks and mites.

The key wildlife preservation authorities usually use biological methods
to control ticks and mites. Wild animals, such as rhinos and warthogs,
use mud wallows and rubbing posts to get rid of the ticks and mites.
Ticks and mites feed on the skin and blood of the wild animals. It
causes skin diseases such as demodectic mange and tularemia. Scabies
primarily occurs in wild animals.

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