Global Spirotetramat Market awaits patent expiry to show high growth

  • Analysis
  • 28-March-2016

 Spirotetramat is a ketoenol group insecticide which can be applied at any stage of the growing plant. This broad spectrum insecticide is applied on citrus, pome fruit, grape, mangoes, and cotton plants among many others. Spirotetramat is highly effective on sucking insects like aphids, thrips, mealy bugs, psyllids, scales, whiteflies. The spirotetramat patent is owned by Bayer CropScience AG. It was launched in 2007 and marketed by the company as Movento™. The patent is expected to expire in 2017. The global spirotetramat market is foreseen to grow immensely after 2017 with the entry of new entrants which will reduce the product cost and spread its availability.
 
The two – way   control of this tetramic acid chemical class insecticide is unique and effective in controlling insects and nematodes. Its low user rate and long lasting protection has together aided in making the spirotetramat market strong as compared to other insecticides. It works well with integrated pest management as it is harmless to beneficial insects such as lacewings and ladybugs.

Spirotetramat Market - Key Geographical Markets
North America leads the global spirotetramat market. It is used for oranges and lettuce plants in this region. It is popularly used against mealy bugs, scales, and whiteflies which are sucking insects causing huge damage to the crops. Spirotetramat was launched in the U.S. in 2008. Spirotetramat works through both the xylem and phloem thus making it possible to be used throughout the growing cycle of the plant. Some states in North America have banned the usage of spirotetramat products owing to its effects on the bee population. Europe is the next big spirotetramat market. Fruits - oranges and grapes have a high risk of damage and spirotetramat works well in minimizing this damage. Asia Pacific and ROW are the regions which are expected to show high demand after the prices are reduced. These areas have low consumer awareness which is anticipated to increase after the patent expiry, when more manufacturers will enter the industry.
 
Spirotetramat is widely applied on the fruit and vegetable crops. Fruits are the largest application segment for spirotetramat products. It is used for strawberries, mangoes, citrus and pome fruit. In the next few years this market is expected to remain dominant globally. Vegetables like lettuce, cabbage, potatoes prominently use spirotetramat based products in the North American and European regions. Other application segments are cotton, nuts, cereals etc.
 
Spirotetramat is available in various brands like Movento, Kontos, Ultor. The global spirotetramat market is anticipated to show a high growth as the increasing population is pressurizing the agriculture sector to produce more. Various insecticides like spirotetramat will play a major role in preventing the crop damage. Increased awareness among farmers about the pest control management, demand for quality agricultural products and increasing pest resistance of other pesticides together is bound to fuel the spirotetramat market globally. The factors restraining the growth of the spirotetramat market is the product cost and awareness among the consumers. The patent expiry in the near future will assist the uphill movement of the spirotetramat market.

Some common brands of Spirotetramat:
Movento®:
Movento is a revolutionary insecticide product of Bayer CropScience with its unique two way action and long lasting efficacy against sucking insects. It works on a broad range on insects and it is applied on a wide range of crops including fruits, vegetables, cotton, nuts etc.
 
Kontos®:
Kontos is a suspension concentrate formulation containing active ingredient spirotetramat. It is applied as a soil drench or foliar spray. It works on two way systemic action flowing through xylem and phloem. Kontos controls insects that are in greenhouses and nurseries such as adelgids, aphids, leafhoppers, mealybugs, psyllids, spider mites, spittlebugs, whiteflies.

Ultor
Ultor insecticide works well on pome fruits, Christmas trees and hops. Its two way systemicity acts against sucking insects like aphids, mealybugs, psylla, and scales. It is easily ingested by the plant and works as a lipid biosynthesis inhibitor (LBI). This works against immature target insects and prevent the growth of such insects which are trapped in the quiescent stage.
 
 

Related Report:
Global Spirotetramat Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2021
http://www.decisiondatabases.com/ip/1203-spirotetramat-market-report

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