The global Integrated Pest Management (IPM) market size is expected to reach USD 178.27 Billion in 2028 and register a CAGR of 5.9% over the forecast period, according to the latest report by Reports and Data.
Major factors driving market revenue growth are increasing preference for organic farming and rising awareness of different diseases caused by harmful insects.
IPM approach is extensively used in various sectors such as industrial, agricultural, residential, commercial, and others.Some companies in the market include BASF SE, Shin-Etsu Chemicals, Advanced Integrated Pest Management, IPM Pest Control, Suterra LLC, MB Integrated Pest Control, Bayer CropScience LP, Ecolab Inc., IPM Technologies Pty Ltd, and Integrated Pest Management Solution.Request Free Sample: https://www.reportsanddata.com/sample-enquiry-form/3479Based on application, agricultural segment accounted for largest revenue share in the global market in 2020.
Rising need to control and prevent insects from damaging crops, and increasing demand for agricultural products are factors expected to boost revenue growth of this segment.By regional analysis, Europe accounted for second-largest revenue share in the global market in 2020.
Rising preference for organic farming and rapid technological development are some key factors expected to continue to drive revenue growth of the market in the region over the forthcoming years.Some Key Highlights From the Report:In May 2021, Oxitec launched Friendly, a genetically modified fall armyworm technology.
Rising concerns regarding the harmful effects of various diseases caused by invertebrates such as ants, flies, caterpillars, and, cockroaches would boost growth of this segment.Request For Customization: https://www.reportsanddata.com/request-customization-form/3479For the purpose of this report, Reports and Data has segmented Integrated Pest Management (IPM) market on the basis of pest type, control method, application, and region:Pest Type Outlook (Revenue, USD Billion; 2018-2028)InvertebratesWeedsVertebratesPathogensControl Method Outlook (Revenue, USD Billion; 2018-2028)BiologicalChemicalMechanical and PhysicalCulturalApplication Outlook (Revenue, USD Billion; 2018-2028)IndustrialAgriculturalResidentialCommercialOthersDownload Summary Report: https://www.reportsanddata.com/download-summary-form/3479Regional Outlook (Revenue, USD Billion; 2018-2028)North America Europe Asia Pacific Latin America Middle East & Africa Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3479In addition to corporate strategy, Liquid Filtration market throws light on different properties to curb the progress of fuel or industry.