Tubatoxin Market Size, Share, By Application (Acaricide, Insecticide, Piscicide, and Pesticide), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2034

Tubatoxin, also known as rotenone, is an odorless, colorless, crystalline isoflavone which occurs naturally in the seeds and stems of several plants, such as the jicama vine plant, and the roots of several members of Fabaceae. Tubatoxin is a naturally occurring chemical found in certain plants such as Derris and Lonchocarpus. It is commercially used as an insecticide and pesticide owing to its insecticidal and pesticidal properties. In addition, it is used as a piscicide. Tubatoxin has been used as an organic pesticide in gardens and cultivation fields. Rotenone has been used by government agencies to kill fish in rivers and lakes in the United States since 1952.  Small-scale sampling with rotenone is used by fish researchers studying the biodiversity of marine fishes to collect cryptic, or hidden, fishes, which represent an important component of shoreline fish communities. Rotenone is the most effective tool available because only small quantities are necessary. It has only minor and transient environmental side effects.  Rotenone is also used in powdered form to treat scabies and head lice on humans, and parasitic mites on chickens, livestocks and pet animals. Unselective in action, it kills potato beetles, cucumber beetles, flea beetles, cabbage worms, raspberry beetles and asparagus beetles, as well as most other arthropods. It biodegrades rapidly in soil, with 90% degraded after 1–3 months at 20 °C (68 °F) and three times faster at 30 °C (86 °F).

Impact of COVID-19 on the market

Biopharmaceutical firms are at the leading position of the human response to the coronavirus pandemic. A significant number of foremost biotech organizations are in the middle of a race to examine the Sars-Cov-2 genome and formulate a viable vaccine for the same. As compared to the speed of response to SARS/MERs etc, the biotech entities are investigating SARs-Cov-2 at an unprecedented rate and a significant amount of funds are being put into the R&D. With the several candidates in trial, the public and private sectors are expected to work in unison for the estimative period, until a vaccine is developed for Covid-19. This report will quantify the impact of this pandemic on the tubatoxin market.

Demand for organic pesticides and insecticides

Organic pesticides can allow farmers to control pest and diseases in plants without resorting to conventional pesticides. Natural or organic pesticides are more environmentally-friendly and safer for the user. Most organic pesticides break down naturally, reducing the chance of polluting or contaminating the soil or water. When applied correctly, they can be very effective at pest control. Insecticides is effective for the following reason increased yields of crops because of protection from defoliation and diseases; prevention of much spoilage of stored foods; and prevention of certain diseases, which conserves health and has saved the lives of millions of people and domestic animals.

Used as a piscicide and acaricide

Retenone is an insecticide and piscicide extracted from Leguminosa plants. It is highly lipophilic and readily crosses the blood–brain barrier and enters all cells freely independent of a specific transporter.

Conversely, high cost of extraction of tubatoxin is anticipated to hamper the growth of the tubatoxin market during the forecast period.

Tubatoxin market is segmented based on the application, and region.

On the application, the tubatoxin market is segmented into acaricide, insecticide, piscicide, and pesticide.

In the region, the tubatoxin market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa North America accounted for the largest market share for tubatoxin market, owing to the increase in demand for organic pesticides in countries such as the US and Canada. North American countries are expected to become major markets owing to the high awareness among farmers and this contributes to the growth of the global market in the near future. The market in Europe is expected to grow at a moderate rate in the near future owing to the stringent regulations for pesticides and increasing demand for organic products. However, Asia Pacific is projected to be the fastest-growing market during the forecast period, due to increased awareness and increasing production of organic fruits & vegetables. Developing countries such as China, India, Brazil, and Argentina are showing a significant increase in the demand for organic pesticides.

Tubatoxin Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the tubatoxin market report based on application, and region.

Tubatoxin Market, By Application:

• Acaricide
• Insecticide
• Piscicide
• Pesticide

Tubatoxin Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating in the tubatoxin market include Xi'an B-Thriving I/E Co., Ltd, Wujiang Shuguang Chemical Co. Ltd, Tokyo Chemical Industry Co., Ltd, Alfa Aesar, Zhejiang Rayfull Chemicals Co.,Ltd, Ecompal SAC, BASF SE, Shijiazhuang Awiner Biotech Co., Ltd., Shaanxi Undersun Biomedtech Co.,Ltd, and Zhengzhou Panpan Chemical Co., Ltd. The prominent players are constantly involved in the development of the product. Inorganic growth strategies activities witnessed in the market were acquisitions and collaboration.

• Xi'an B-Thriving I/E Co., Ltd
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
  • Business Strategies
• Wujiang Shuguang Chemical Co. Ltd
• Tokyo Chemical Industry Co., Ltd
• Alfa Aesar
• Zhejiang Rayfull Chemicals Co.,Ltd
• Ecompal SAC
• BASF SE
• Shijiazhuang Awiner Biotech Co., Ltd.
• Shaanxi Undersun Biomedtech Co.,Ltd
• Zhengzhou Panpan Chemical Co., Ltd

“*” marked represents similar segmentation in other categories in the respective section.