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Join date: Aug 17, 2021

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The acaricides market is anticipated to register a CAGR of 5.1% during the forecast period (2021-2026). Post the COVID-19 global health emergency, nationwide shutdowns were imposed across the world, which resulted in supply chain disruptions worldwide. The global shutdowns with an increase in the number of cases, the shortage of labor, and closing down of facilities resulted in low production of agrochemicals, including acaricides. Thus, the pandemic has indirectly impacted acaricide supplies on a global level. Therefore, the market is expected to observe a moderate impact of COVID-19 in 2021.