Global Fungicides Market– Syngenta launches two new fungicides

Syngenta has launched two new fungicides for the turf, Posterity and Secure Actionwhich provide proven and long lasting control over dollar spot and other common turf diseases. It was designed for the pathogen to provide more consistent control. Posterity fungicide provide powerful protection as the most active SDHI in the turf where as Secure Action brings a boost to the acibenzolar-S-methyl to the industry’s leading fungicide. Secure Action with Heritage Action or Daconil Action fungicides provides with a very powerful result in terms of improved disease control, drought mitigation and the ability to recover from abiotic stress.

Syngenta is one of the leading agriculture company which help to improve food security globally by involving millions of farmers to make better use of resources available. Through innovative crop solutions and world class science, the company’s 28,000 workforces in over 90 countries are working to research on how the crops are grown. Committed to enhance biodiversity, rescue land from degradation, and revitalization of rural communities is the aim of Syngenta.

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Market Segmentations

Market Data Forecast published a report named Fungicides Market was worth USD 14.49 billion in 2018 and is expected to reach USD 18.30 billion by 2023 with a CAGR of 4.78 %.

Report segmented as:

Crop type:

Fruits and vegetables
Oilseeds
Pulses
Cereals and Grains
Application:

Soil treatment
Post-harvest
Foliar spray
Seed treatment
Based on crop type, Cereals and grains have the largest share in the market and is expected to show highest CAGR during the forecast period. Under application, Seed treatment hold major share in applications segment while soil treatment applications are expected to grow at a rapid pace.

Geographical Segmentation:

Based on geography, the market is separated in to North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Europe has a largest share in the market followed by Asia-Pacific. Europe is one of the biggest markets due to increasing usage of fungicides, advanced agricultural techniques and rise in requirement for the food security in the European nations. Italy and France constituted the biggest nation level markets in the European region.

Key market players:

Bayer CropScience AG
Syngenta AG
Nippon Soda Co. Ltd
Cheminova A/S
Nufarm Ltd.
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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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