Global Abamectin Market Is Anticipated To Propel Growth Due To Rising Concerns Regarding Insect Transferrable Diseases And Increasing Demand For Food Grains

Abamectin is a substance that is used in the agricultural industry. This chemical is used to control pests such as cockroaches and rats. Abamectin is available in both solid and liquid form. The solid form is packaged in a 25-kg fiber drum, while the liquid form is sold in a 500ml-to-20-L drum. It can be applied to plants and is non-toxic to mammals. However, its use is not without risks to humans, animals, and the environment. This chemical is made up of two types of avermectin, which are nerve poisons that cause a slow paralysis effect on insects. , abamectin has high environmental toxicity and is also very toxic to non-target aquatic invertebrates. As a result, frequent use of abamectin can lead to more severe pest outbreaks. Therefore, it is important to follow proper management practices to minimize abamectin exposure and reduce its effects on nontarget species.

Rising product launches is anticipated to propel growth of the global abamectin market over the forecast period. For instance, Rotam, a leader in crop protection products launched Abacus V6 in April 2021. This is a miticide and insecticide containing active ingredients Abamectin. Moreover, availability of alternatives in the market is estimated to hamper growth of the global abamectin market over the forecast period. 

Key players active in the global abamectin market are KUMIAI CHEMICAL INDUSTRY CO., LTD, Syngenta AG, Rallis India Limited, Hebei Veyong Bio-Chemical Co. Ltd, Arysta LifeScience Corporation., Nufarm, Chongqing Huapont Pharmaceutical Co., Ltd., Bayer AG, Jiangsu Fengyuan Bioengineering Co., Ltd., Dow AgroSciences LLC, Dow AgroSciences LLC, and Monsanto Company. 

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