The organophosphates market is expected to witness market growth at a rate of approximately 4.20% in the forecast period of 2021 to 2028 and is expected to reach USD 2.10 billion by 2028. The growing need to increase crop yield and efficiency to cater to the growing food demand is escalating the growth of organophosphates market.
Organophosphates (OP) refer to chemical substances which are produced by the process of esterification among phosphoric acid and alcohol. These chemical substances have the capability of undergoing hydrolysis with the liberation of alcohol from the esteric bond. These are known to be the prominent components of herbicides, pesticides and insecticides. These are the main components of nerve gas. Varying levels of toxicity in humans, animals, plants and insects could be seen with the acute or chronic exposure to ops. They are also used in the production of plastics and solvents.
The major players covered in the organophosphates market report are
The countries covered in the global organophosphates market report are
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