IPM Pheromones Market To 2020- Size, Type and Application Analysis By Grand View Research, Inc

Global IPM Pheromones Market is expected to reach USD 2.45 billion by 2020, according to a new study by Grand View Research, Inc. Sex pheromones were widely used in mating disruption techniques of IPM for crop protection in order to increase agricultural yield. Mating disruption being the most effective IPM technique is expected to witness wide acceptance globally thus augmenting sex pheromones demand over the forecast period.

North America dominated the global IPM pheromones market in 2013 holding over 50% share and is expected to continue dominance on account of technological development and rising agricultural yields in U.S., Canada and Mexico. Europe accounted for over 20% of the total IPM pheromones market in 2013. Stringent regulation regarding chemicals used in the region coupled with matured agriculture industry is expected to result in below average growth over the forecast period.