Thiamethoxam Market: Global Industry Analysis and Forecast 2014 - 2020
Persistence Market Research
Thiamethoxam Market: Global Industry
Analysis and Forecast 2014 - 2020
Persistence Market Research
1
Thiamethoxam Market: Global Industry Analysis and Forecast 2014 - 2020
Persistence Market Research Released New Market Report on “Thiamethoxam Market:
Global Industry Analysis and Forecast 2014 - 2020”.
Thiamethoxam are insecticides which belong to the class of neonicotinoids having a wide
spectrum of activity against different types of insects. It is a systemic insecticide, absorbed
quickly by plants and then transported to various parts of the plant, while also acting as a
deterrent for feeding insects. Thiamethoxam becomes active through direct, and in the stomach
of insects. The chemical interferes with transfer of information between nerve cells which makes
the insets paralyzed. Thiamethoxam was initially developed by the chemical corporation,
Syngenta AG. However due to a patent dispute between Bayer and Syngenta on account of the
former already having the rights of other neonicotinoids, Syngenta acquired the worldwide rights
to thiamethoxam as per a dispute settlement of USD 120 million in 2002.
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The global market for thiamethoxam has been witnessing a significant increase on account of
technological developments as well as advancements over the recent years. Stringent
environmental regulations, improving farming practices, rising agricultural trade and changing
buyers’ preferences are prompting research efforts and innovations in the thiamethoxam
insecticide industry. North America currently dominates the global insecticide market thereby
having the largest market share for thiamethoxam, followed by Europe. These developed
regions serve as matured markets which are dominated by several key players such as
Syngenta AG....