Press release
Triazole Fungicides Market companies Bayer Cropscience AG, Nippon Soda Co. Ltd, Syngenta AG
Persistence Market Research (PMR)
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North America and Europe are the largest market for triazole fungicides. North American and European market have witnessed a slow growth rate due to various restrictions imposed on use of fungicides and a shift of farmers towards organic farming. Asia Pacific is expected to be the fastest growing market for triazole fungicides. China and India hold the key for future market trends in triazole fungicides market due to changes in farming practices, rapid growth in agriculture sector and increasing acceptance of modern farming and protected agriculture in these regions.
Some of the major drivers contributing the overall market growth of triazole fungicides include limited availability of cultivable land, change in farming practices and technology, increasing acceptance of modern farming and protected agriculture and growing horticulture & floriculture Industries. Growing concern towards environment and genetically modified crops are some of the major restraints for triazole fungicides market.
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Some of the major companies operating in the triazole fungicides market include BASF, Chemtura Corporation, E.I. Dupont De Nemours & Company, Cheminova As, Bayer Cropscience AG, Nippon Soda Co. Ltd, Syngenta AG and Dow Chemical Company.
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