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Global Fungicides Market 2018 Size, Share, Growth, Trends, Type, Analysis for USD 15.18 billion Industry and Forecast by 2025
Press release from: Data Bridge Market Research
The global fungicide market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global fungicide market for global, Europe, North America, Asia Pacific and South America.
This market report defines the market trends and forecast the upcoming opportunities and threats of fungicides market in the next 8 years. Rising demand of fruits and vegetables, changing dietary patterns, is driving factors for fungicides market Fungicides are used in prevention and control of fungal diseases that affect plants. Some of the most popular ingredients used in fungicides for their application in oilseeds and pulses are fluopyram, prothioconazole, picoxystrobin, bixafen, and tebuconazole. Increasing awareness about the advantages of fungicides among farmers across the world is a major factor for the market growth. Bio-based fungicides are opening new opportunity for the fungicide market. Ban on some fungicides by Food and Drug Administration (FDA) such as carbendazim that causes diseases cancer and sterility in human beings due to this parameter, the bio fungicides market is likely to grow in upcoming years. Stringent environmental rules and regulations. Bans on high volume fungicides by Environmental Protection Agency (EPA) are also projected to drive demand for bio fungicides in future years. Few major synthetic fungicides that are available in the market include captan, immunox, mancozeb, chlorothalonil, and myclobutanil. In 2014, Cheminova Inc. introduced a fungicide under the brand name ‘Equation’. In 2017 Arysta LifeScience, a Platform Specialty Products Company, collaborated with DuPont. Arysta LifeScience will supply to DuPont Crop Protection an innovative fungicide technology with the focus on corn and soybean seed applied products.
Global Market Analysis of Fungicides Market
The global fungicides market is expected to reach USD 22.06 billion by 2025, from USD 15.18 billion in 2017 growing at a CAGR of 5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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This Report Consists of –
• No of pages: 350, No of Figures: 60, No of Tables: 220
Global Fungicides Market By Type (Benzimidazoles , Dithiocarbamates, Phenylamides ,Chloronitriles Strobilurins, Triazoles, Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), By Mode of Application, By Form, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025
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Major Market Drivers & Market Restraint
• Increasing Incidents of Pest Attack.
• Changes in agriculture Techniques
• Integrated Pest Management.
• High Growth Opportunities in developing Countries.
• Lack of Awareness among Farmers.
• Increasing Chances of Soil Toxicity
Frequently Asked Questions?
• What will the market size be in 2025?
• What are the key factors driving the global market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2025?
• Which strategies are used by top players in the Global Fungicides Market?
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The global fungicides market is segmented based on type, crop type, mode of application, form.
On the basis of type global fungicide market is segmented into
• Triazoles and Others
On the basis of crop type global fungicide market is segmented into
• cereals & grains ,
• oilseeds & pulses,
• fruits & vegetables, other crop types
On the basis of mode of application global fungicide market is segmented into
• Foliar Spray,
• Soil Treatment,
• Post-Harvest, and
• Seed Treatment
On the basis of form global fungicide market is segmented into
• Liquid Form,
• Water-Dispersible Granule,
• Wettable Powder
Liquid form is further sub segmented into
• Emulsifiable Concentrate,
• Suspension Concentrate, and
• Soluble Liquid Concentrate
Based on geography the global fungicide market report covers data points for 28 countries across multiple geographies namely
• North America & South America,
• Asia-Pacific and,
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.
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Top Competitors of Market
• BASF SE,
• The Dow Chemical Company,
• Sumitomo Chemical Co., Ltd,
• Bayer AG,
• FMC Corporation,
• ADAMA India Private Limited,
• Nufarm Limited,
• NIPPON SODA CO., LTD,
• FMC Corporation,
• Monsanto Company The Dow Chemical Company,
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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