Organophosphate & Carbamate Poisoning Market - Forecast(2024 - 2030)
Organophosphate & Carbamate Poisoning Market Overview
Organophosphate & Carbamate Poisoning Market Size is estimated to reach $522.4 million by 2027 and it is poised to grow at a CAGR of 5.6% over the forecast period of 2022-2027. Organophosphates and carbamates are common chemicals that poison insects and mammals and inhibit cholinesterase activity, causing acute muscarinic manifestations (eg, salivation, lacrimation, urination, diarrhea, emesis, bronchorrhea, bronchospasm, bradycardia, miosis) and some nicotinic symptoms, including muscle fasciculations and weakness. The major driving factor in the organophosphate & carbamate poisoning market is the extensive use of these two chemicals for agricultural use. The poisoning caused by organophosphates and carbamates is gaining pace, posing a viable threat for millions of people that consume food, which derived carbamate- and organophosphate-infected crop yield. A large part of the demographic in the world is working in the agricultural sector, among which most farmers are likely to be exposed to pesticides and insecticides containing organophosphates and carbamates. Also, the lack of proper and hygienic sanitization is also fuelling the incidences of organophosphates and carbamates poisoning and driving the growth of the organophosphate & carbamate poisoning market over the forecast period 2022-2027.
Organophosphate & Carbamate Poisoning Market Report Coverage
The report: “Organophosphate & Carbamate Poisoning Market Forecast
(2022-2027)" by Industry ARC, covers an in-depth analysis of the following
segments in the Organophosphate % Carbamate Poisoning Market.
by Type:
by Ingredients:
by Applications: Agriculture, Public Health, Industrial and Household.
by Geography:
North America (the U.S., Canada and Mexico), Europe (Germany, United Kingdom (UK),
France, Italy, Spain, Russia and the Rest of Europe), Asia Pacific (China,
Japan India, South Korea, Australia and New Zealand and Rest of Asia
Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South
America) and Rest of the World (the Middle East and Africa).
Key Takeaways
- Geographically, North America held a dominant market share in the year 2021, owing to the growing use of agricultural pesticides and developed technology to detect pesticides.
- The Organophosphate & Carbamate Poisoning Market is predicted to increase owing to a growing rate of unintentional pesticide poisoning (UAPP) in the world.
- However, the lack of awareness about pesticide poisoning may limit Organophosphate & Carbamate Poisoning Industry growth over the forecast period 2022-2027.
- A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the Organophosphate & Carbamate Poisoning Market Report.
Organophosphate & Carbamate Poisoning Market Segment Analysis - by Type
Organophosphate & Carbamate Poisoning Market based on the type can be further segmented into Herbicide, Insecticide, Rodenticide and Fungicide. The Insecticide segment held a dominant market share in the year 2021. This is owing to the growing application of insecticides on agricultural crops. As per research data by Springer, about 2 million tonnes of insecticides are utilized annually in the world. Such growing use of insecticides on agricultural crops increases the risk of direct and indirect poisoning and drives the growth of the Organophosphate & Carbamate Poisoning Market share. However, Herbicides are estimated to grow with the fastest CAGR of 6.7% over the forecast period 2022-2027. This is owing to the high demand for herbicides owing to manpower shortage and high wages in the agricultural industry. The International Agency for Research on Cancer classifies malathion, diazinon, dichlorvos, parathion and tetrachlorvinphos are possibly carcinogenic to humans. Such growing demand for toxic herbicides fuels the growth of the Organophosphate & Carbamate Poisoning Market share over the forecast period 2022-2027.
Organophosphate & Carbamate Poisoning Market Segment Analysis - by Application
Organophosphate & Carbamate Poisoning Market based on the application can be further segmented into Agriculture, Public Health, Industrial and Household. The Agriculture segment held a dominant market share in the year 2021 owing to the extensive use of organophosphate and carbamate pesticides such as aldicarb, methomyl, chlorpyrifos, diazinon, Dursban, fenthion and malathion in agricultural use. Such pesticides are highly water soluble and get absorbed by crops, consumption of such polluted water or farm product increases the chances of pesticide toxicity and drives the growth of the Organophosphate & Carbamate Poisoning Market share. However, Industrial use is estimated to grow with the fastest CAGR of 7.3% over the forecast period 2022-2027 owing to the growing demand for OP and carbamates in petroleum additives, plasticizers, textile industry, hair conditioners and others. It is highly utilized to obtain petroleum distillates from crude oil. Such extensive use of organophosphate and carbamate in industrial applications fuels the growth of the Organophosphate & Carbamate Poisoning Market Share over the forecast period 2022-2027.
Organophosphate & Carbamate Poisoning Market Segment Analysis - by Geography
Asia-Pacific held a dominant market
share of 38% in the year 2021. This is owing to the growing use of hazardous pesticides such as organophosphate and carbamates for agriculture and industrial application. Also, the pesticide self-poisoning rate is high in this region. As per WHO, about 3 million people around the world die every year from pesticide poisoning, of that 2.2 million belongs to developing region like the Asia Pacific. Such growing cases of pesticide toxicity in this region fuel growth of the Organophosphate & Carbamate Poisoning Market Size over the forecast period 2022-2027. Furthermore, North America is estimated to grow with
the fastest CAGR over the forecast period 2022-2027.
Organophosphate & Carbamate Poisoning Market Drivers
Increasing Use of Organophosphate & Carbamate Drive Market Growth.
Organophosphate and carbamate both are widely used as agricultural pesticides owing to their high efficiency and increasing attack of insects and pests on various crops. As per FAO, each year plant diseases cost the global economy around $220 billion and invasive insects around US$70 billion. Hence, to protect crops from insect and pest attacks, aldicarb, methomyl, chlorpyrifos, diazinon, Dursban, fenthion and malathion are mostly used which are toxic to humans. Such growing use of organophosphate and carbamates drives the growth of the Organophosphate & Carbamate Poisoning Industry over the forecast period 2022-2027.
Increasing Demand for Pesticide Poisoning Antidote Drive Market Growth.
Owing to the growing incidence of pesticide toxicity reported around the world the demand for treatment and antidote is on the hike. As per WHO about 3 million people are exposed to organophosphate or carbamates each year around the world. Such high cases of pesticide toxicity increase demand for treatment and drive the growth of the Organophosphate & Carbamate Poisoning Industry over the forecast period 2022-2027.
Organophosphate & Carbamate Poisoning Market Challenge
Restriction on the Use of Organophosphate & Carbamate is Hampering Market Growth
Due to the high toxicity of pesticides, some countries ban household and
some agriculture use of pesticides. The United States, Europe and some East Asia countries minimize the use of organophosphate pesticides owing to their
high toxicity. As per the report published in Nature, in 2019, a total of 30,789
pesticide poisoning cases were reported in Jiangsu Province. Such a ban on
organophosphate and carbamate may limit the growth of the Organophosphate & Carbamate Poisoning Industry
growth over the forecast period 2022-2027.
Organophosphate & Carbamate Poisoning Market Industry Outlook
Product launches, mergers and acquisitions, joint ventures and
geographical expansions are key strategies adopted by players in the Organophosphate
& Carbamate Poisoning Market. The top 10 companies in the Organophosphate &
Carbamate Poisoning Market are:
- AntoXa Corp.
- Countervail Corp.
- PlantVax Inc.
- Cipla Limited
- Taj Pharmaceuticals
- TNT Pharmaceuticals
- Manus Aktteva Biopharma LLP
- Jiwan Pharmaceutical Technology
- Caesar & Loretz GmbH
- Duchefa Farma B.V.
Recent Developments
- In November 2021, Cipla launched Spirofy India's first pneumotach-based portable, wireless Spirometer. With this launch, the company intends to revolutionize Obstructive Airway Disease (OAD) diagnosis, in line with its ambition to strengthen its position as the lung leader in India.
- In August 2021, AntoXa Corporation awarded a contract extension with the federal government of Canada that includes the development of plant-made recombinant human angiotensin-converting enzyme 2 (ACE2) as a potential coronavirus treatment.
- In April 2021, Litao pharmaceutical technology co., ltd announced that it has completed the construction of an ion channel drug research and development platform, which currently has an electrophysiological manual patch clamp system and a calcium ion imaging system.
Relevant Titles
Report Code: CMR 1049
Report Code: FBR 84397
Report Code: AGR 0025