Carbofuran Market
By Type;
Carbofuran Granules, Carbofuran Emulsion and Carbofuran Dry PowderBy Application;
Pesticide, Seed Coating and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Carbofuran Market Overview
Carbofuran Market (USD Million)
Carbofuran Market was valued at USD 36.09 million in the year 2024. The size of this market is expected to increase to USD 24.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of -5.2%.
Carbofuran Market
*Market size in USD million
CAGR -5.2 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | -5.2 % |
Market Size (2024) | USD 36.09 Million |
Market Size (2031) | USD 24.83 Million |
Market Concentration | High |
Report Pages | 325 |
Major Players
- Hunan Haili Chemical
- Jialong Chemical
- Hubei Sanonda (Chemchina)
- Hunan Gofar Fine Chemical
- LANFENG BIO-CHEM
- FMC
- SINON CORPORATION
- ZHEJIANG XINNONG CHEMICAL CO., LTD.
- ZHENGZHOU LABOR AGROCHEMICALS CO., LTD.
- SINOX CO., LTD.
- BETA CHEMICALS LTD.
- VIAKEM, S.A. DE C.V.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Carbofuran Market
Fragmented - Highly competitive market without dominant players
The Carbofuran Market is witnessing steady growth as it remains a widely used systemic insecticide and nematicide. Nearly 55% of its demand comes from agricultural applications, where it supports farmers in controlling soil and foliar pests. Its ability to safeguard yields makes it a critical crop input.
Seed and Soil Application Benefits
About 35% of carbofuran utilization is tied to seed treatment and soil incorporation. These applications protect crops during germination and early growth, ensuring stronger plants. By reducing pest-related damage at root levels, carbofuran enhances overall crop health and productivity.
Contribution to Pest Control Strategies
Nearly 25% of integrated pest management programs incorporate carbofuran for its rapid and reliable action. Its ability to manage a wide range of insects while fitting into structured farming practices supports its long-standing importance in agriculture.
Innovations in Product Formulations
Around 40% of producers are advancing granular, liquid, and controlled-release forms of carbofuran. These modernized formulations improve precision, reduce frequency of application, and boost field performance. Such innovations align with the increasing need for efficient pest control solutions.
Market Growth Prospects
The carbofuran market is expected to maintain momentum with its extensive use in crop protection, pest control, and soil treatments. Demand for fast-acting and dependable insecticides ensures continued relevance. Continuous advancements in formulations further strengthen its long-term growth outlook.
Carbofuran Market Recent Developments
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In September 2023, the Chinese Ministry of Agriculture and Rural Affairs issued an order prohibiting the use of four hazardous pesticides. According to the order, as of December 1, 2023, the formulation registration for omethoate, carbofuran, methomyl, and aldicarb would be canceled.
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In May 2023, the Ministry of Agriculture in India approved the ban on three out of 27 pesticides. Carbofuran, Malathion, Monocrotophos, Quinalphos, Mancozeb, Oxyfluorfen, Dimethoate, and Chlorpyriphos are the eight pesticides for which there is a change in label claim.
Carbofuran Market Segment Analysis
In this report, the Carbofuran Market has been segmented by Type, Crop Type, Packaging Type, Application, and Geography.
Carbofuran Market, Segmentation by Type
The Carbofuran Market has been segmented by Type into Carbofuran Granules, Carbofuran Emulsion, and Carbofuran Dry Powder.
Carbofuran Granules
Command the largest share at about 60%, favored for soil-application in row crops and steady controlled-release of active ingredient. Adoption is concentrated in corn/rice cultivation and regions prioritizing in-furrow treatments, with volume trending at low to mid-single-digit % growth amid tighter stewardship.
Carbofuran Emulsion
Represents roughly 25%, used for foliar-spray programs requiring rapid knockdown and uniform canopy coverage. Demand is supported by horticulture and mixed-farming systems, showing mid-single-digit % growth where label conditions permit targeted applications.
Carbofuran Dry Powder
Accounts for near 15%, positioned for seed-dressing, nursery beds, and cost-sensitive smallholder markets. Buyers value easy handling and dose flexibility, with volumes generally expanding at a single-digit % pace as alternatives and regulations shape usage patterns.
Carbofuran Market, Segmentation by Crop Type
The Carbofuran Market has been segmented by Crop Type into Fruits & Vegetables, Cereal Crops, and Ornamental Plants
Fruits & Vegetables
Commands around 46% of demand as growers prioritize high-value crop protection, robust nematode/insect control, and dependable yield preservation. Usage concentrates in regions with label compliance for specialty crops and intensive systems. Category value trends at low to mid-single-digit % amid tighter stewardship and rising alternatives.
Cereal Crops
Represents roughly 39%, centered on row-crop programs in corn and rice for early-season root-zone protection. Adoption typically aligns with in-furrow or seed-adjacent strategies to stabilize stands where permitted. Growth holds at low single-digit % as resistance management and substitute chemistries expand.
Ornamental Plants
Accounts for near 15%, spanning greenhouse and nursery operations that require precise pest knockdown and high aesthetic standards. Demand is highly sensitive to regulatory approvals, residue limits, and worker-safety protocols. Segment advances at mid-single-digit % where integrated IPM frameworks support targeted use.
Carbofuran Market, Segmentation by Packaging Type
The Carbofuran Market has been segmented by Packaging Type into Bulk Packaging, Small Packaging, and Drum Packaging
Bulk Packaging
Bulk packaging leads the carbofuran market with nearly 65% share, making it the most widely adopted format for large-scale agricultural operations. Farmers and distributors prefer this type due to its cost-efficiency, reduced handling time, and suitability for commercial farming.
Small Packaging
Holding about 20% share, small packaging caters primarily to individual farmers and small growers. Its popularity comes from the convenience it provides, allowing for easy storage, safer application, and affordable purchase sizes, particularly in developing agricultural regions.
Drum Packaging
Drum packaging accounts for nearly 15% of the market, serving as a balanced solution between bulk and small packaging. It is well-suited for medium-sized farms, offering higher storage capacity than small packs while remaining more portable and manageable than bulk packaging.
Carbofuran Market, Segmentation by Application
The Carbofuran Market has been segmented by Application into Pesticide, Seed Coating, and Others.
Pesticide
With nearly 70% of the market share, pesticide applications form the largest segment of the carbofuran industry. Farmers rely on carbofuran for its broad-spectrum pest control, especially in crops like maize, rice, and sugarcane, where it ensures higher yield and crop safety.
Seed Coating
Seed coating contributes to about 20% of total demand, offering an effective solution for early-stage crop protection. By preventing pest attacks at the seedling phase, carbofuran in seed coating improves germination rates, plant health, and long-term productivity.
Others
The “others” application segment holds nearly 10% share and covers specialized uses such as turf management and non-crop pest control. While smaller in scale, this segment is witnessing gradual growth in niche agricultural and non-agricultural markets.
Carbofuran Market, Segmentation by Geography
In this report, the Carbofuran Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Regions and Countries Analyzed in this Report
Carbofuran Market Share (%), by Geographical Region
North America
North America represents about 22% of the carbofuran market, largely supported by widespread cultivation of maize and soybean. While the region benefits from advanced farming practices, strict regulations on pesticide use have moderated growth trends.
Europe
Europe accounts for nearly 18% share, shaped by its focus on sustainable agriculture and crop protection. However, stringent environmental policies and a growing preference for eco-friendly substitutes have gradually limited carbofuran adoption.
Asia Pacific
Holding the largest share at around 40%, Asia Pacific remains the leading market for carbofuran. High demand comes from countries like China and India, where rice and sugarcane production rely heavily on pest management solutions to boost yields.
Middle East & Africa
With close to 10% market share, the Middle East & Africa is emerging as a growing market. Rising investment in agriculture and government initiatives to strengthen food security continue to drive moderate adoption of carbofuran.
Latin America
Latin America contributes nearly 10% of the global market, driven by strong soybean, coffee, and sugarcane cultivation. Brazil leads the region’s demand, supported by its position as a major agricultural exporter.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Carbofuran Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints and Opportunities
Drivers:
- Growing Demand for Crop Protection
- Ease of Application and Versatility
- Rising Adoption of Integrated Pest Management (IPM) Practices
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Globalization of Agriculture Trade - The globalization of agriculture trade serves as a significant driver for the global carbofuran market. As agriculture trade becomes increasingly interconnected across borders, there is a growing demand for effective pest control solutions to safeguard crops during transportation and storage. Carbofuran, with its broad spectrum of action against various pests and ease of application, emerges as a preferred choice for farmers and traders alike. The need to maintain high-quality produce during transit and meet stringent import standards fuels the demand for carbofuran in regions engaged in agriculture trade.
It opens up new market opportunities for carbofuran manufacturers and suppliers. As countries seek to enhance their agricultural productivity and expand their export capabilities, there is a rising demand for crop protection products like carbofuran. Agricultural producers in emerging economies often rely on effective pest management solutions to meet the quality standards required for exporting agricultural commodities to international markets. This creates a conducive environment for the growth of the carbofuran market, as it plays a crucial role in ensuring the quality and marketability of exported crops.
Restraints:
- Regulatory Restrictions
- Pest Resistance Development
- Public Perception and Consumer Preferences
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Stringent Import Regulations - Stringent import regulations present challenges for companies operating in the global carbofuran market but also offer opportunities for strategic adaptation and compliance measures. One of the main restraints posed by stringent import regulations is the increased complexity and cost of market entry. Compliance with regulatory requirements often involves extensive documentation, testing, and certification processes, which can be time-consuming and resource-intensive. Companies may face delays and administrative burdens in obtaining regulatory approvals for importing carbofuran products into new markets, hindering market expansion efforts and increasing operational expenses.
Stringent import regulations may limit market access and restrict the availability of carbofuran products in certain regions or countries. Regulatory authorities may impose bans, restrictions, or stringent limits on the use of carbofuran due to concerns about its environmental impact, human health risks, or toxicity to non-target organisms. Such regulatory restrictions can significantly constrain the market potential for carbofuran-based pesticides in affected regions, reducing sales opportunities and revenue potential for companies operating in those markets. They also create opportunities for companies to differentiate themselves and gain a competitive advantage by demonstrating compliance with regulatory standards and commitment to product safety and environmental stewardship. Proactive engagement with regulatory authorities, adherence to industry best practices, and implementation of robust quality control measures can help companies navigate complex regulatory landscapes and ensure compliance with import regulations.
Opportunities:
- Research and Development for Safer Formulations
- Strategic Alliances and Partnerships
- Consumer Education and Awareness
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Product Differentiation and Value-Added Services - Product differentiation and value-added services play a crucial role in enhancing the competitiveness and market positioning of carbofuran products. By offering unique features, benefits, and additional services, companies can distinguish their offerings from competitors and create added value for customers. One aspect of product differentiation involves developing specialized formulations of carbofuran tailored to meet specific pest control needs and application requirements. Companies can invest in research and development to create formulations with improved efficacy, longer residual activity, reduced environmental impact, and enhanced safety profiles. Customized formulations can address the diverse pest challenges faced by farmers across different crops, regions, and growing conditions, providing targeted solutions for pest management.
Value-added services complement carbofuran products and enhance their overall value proposition for customers. Companies can offer technical support services such as agronomic advice, pest scouting, and field monitoring to help customers optimize pesticide application strategies and achieve maximum efficacy. Training programs and educational workshops on pesticide safety, application best practices, and integrated pest management (IPM) techniques can empower farmers and agricultural workers with knowledge and skills to use carbofuran products effectively and responsibly. Companies can differentiate their carbofuran offerings by providing value-added services such as product stewardship programs, regulatory compliance assistance, and sustainability initiatives. Implementing product stewardship measures to promote responsible pesticide use, minimize environmental impact, and mitigate risks associated with pesticide exposure demonstrates a commitment to environmental and social responsibility.
Carbofuran Market Competitive Landscape Analysis
Carbofuran Market has seen notable transformation as companies compete through strategies focused on improving product efficiency and compliance with evolving standards. Around 65% of manufacturers are emphasizing partnerships and collaboration to strengthen distribution reach. The competitive structure is shaped by innovation that enhances product performance while enabling consistent growth across multiple application areas.
Market Structure and Concentration
The competitive framework of the Carbofuran Market remains moderately concentrated, with nearly 55% of market share controlled by leading players. Companies are pursuing mergers and acquisitions to solidify positioning. Market concentration fosters stronger strategies that prioritize differentiation, while new entrants contribute to gradual expansion through niche applications and selective customer engagement.
Brand and Channel Strategies
Brand visibility plays a decisive role, with nearly 60% of enterprises investing in stronger channel strategies to capture broader demand. Firms are building partnerships with regional distributors to strengthen accessibility and ensure sustained growth. Integrated strategies combining direct sales and digital presence enhance brand loyalty and extend the reach of established players across competitive segments.
Innovation Drivers and Technological Advancements
Technological advancements are reshaping the competitive edge, with 70% of firms channeling investments into product innovation. Development of advanced formulations ensures improved effectiveness and compliance, reinforcing market competitiveness. Companies emphasize collaboration with research institutions to accelerate breakthroughs, positioning innovation as a central driver in ensuring long-term sustainability and competitive differentiation.
Regional Momentum and Expansion
The market shows regional variance, with about 58% of firms actively pursuing expansion strategies across emerging regions. Partnerships with local stakeholders strengthen market penetration and diversify revenue streams. Regional growth patterns highlight how tailored strategies allow companies to adapt to agricultural and regulatory needs, enabling them to maintain relevance across competitive landscapes.
Future Outlook
The Carbofuran Market is expected to undergo steady transformation, with 62% of companies aligning their future outlook with sustainability goals and advanced distribution models. Enhanced technological advancements and global collaboration will remain central to competition. Companies adopting adaptive strategies to balance innovation and compliance will secure stronger positioning, driving consistent growth in the coming years.
Key players in Carbofuran Market include:
- Hunan Haili Chemical
- Jialong Chemical
- Hubei Sanonda (Chemchina)
- Hunan Gofar Fine Chemical
- LANFENG BIO-CHEM
- FMC
- SINON CORPORATION
- ZHEJIANG XINNONG CHEMICAL CO., LTD.
- ZHENGZHOU LABOR AGROCHEMICALS CO., LTD.
- SINOX CO., LTD.
- BETA CHEMICALS LTD.
- VIAKEM, S.A. DE C.V.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Crop Type
- Market Snapshot, By Packaging Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Carbofuran Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Demand for Crop Protection
- Ease of Application and Versatility
- Rising Adoption of Integrated Pest Management (IPM) Practices
- Globalization of Agriculture Trade
- Restraints
- Regulatory Restrictions
- Pest Resistance Development
- Public Perception and Consumer Preferences
- Stringent Import Regulations
- Opportunities
- Research and Development for Safer Formulations
- Strategic Alliances and Partnerships
- Consumer Education and Awareness
- Product Differentiation and Value-Added Services
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Carbofuran Market, By Type, 2021 - 2031 (USD Million)
- Carbofuran Granules
- Carbofuran Emulsion
- Carbofuran Dry Powder
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Carbofuran Market, By Crop Type, 2021 - 2031 (USD Million)
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Fruits & Vegetables
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Cereal Crops
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Ornamental Plants
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Carbofuran Market, By Packaging Type, 2021 - 2031 (USD Million)
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Bulk Packaging
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Small Packaging
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Drum Packaging
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Carbofuran Market, By Application, 2021 - 2031 (USD Million)
- Pesticide
- Seed Coating
- Others
- Carbofuran Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Carbofuran Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Hunan Haili Chemical
- Jialong Chemical
- Hubei Sanonda (Chemchina)
- Hunan Gofar Fine Chemical
- LANFENG BIO-CHEM
- FMC
- SINON CORPORATION
- ZHEJIANG XINNONG CHEMICAL CO., LTD.
- ZHENGZHOU LABOR AGROCHEMICALS CO., LTD.
- SINOX CO., LTD.
- BETA CHEMICALS LTD.
- VIAKEM, S.A. DE C.V.
- Company Profiles
- Analyst Views
- Future Outlook of the Market