The global insecticides market is experiencing steady growth, driven by the increasing demand for effective pest control solutions across agricultural, commercial, and residential sectors. With a market valuation of USD 8.9 billion in 2022, the sector is projected to reach USD 12.4 billion by 2030, expanding at a compound annual growth rate (CAGR) of 4.80% from 2023 to 2030. The rising global population has heightened the need for higher agricultural productivity, fueling the adoption of insecticides to mitigate crop damage and ensure food security. Additionally, the expansion of urbanization and industrial activities has led to a greater focus on pest management in commercial spaces, further driving market demand.
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