Press release
How DuPont Will Dominate the Fungicides Market In Coming Years? Key Players are BASF, The Dow Chemical Company, Sumitomo Chemical, Nufarm, Monsanto Company, Syngenta, UPLBayer, FMC Corporation, LANXESS Americas, And others
The fungicides market research report is a point by point research ponder that aides or furnishes the clients with answers and relevant inquiries as for the developing patterns and development openings in this industry. It distinguishes every one of the noticeable hindrances to development, aside from recognizing the patterns with different fragments of worldwide market. Gathering recorded and ongoing information from different true assets and relying upon every one of the elements and patterns, the fungicides report exhibits a metaphorical gauge of things for futuristic economic situation, alongside CAGR value.The fungicides market report will assist and strengthen clients’ decision-making processes. This report contemplates the fungicides market measure, industry status and figure, competitive scene and development opportunity. This exploration report orders the worldwide fungicides market by organizations, district, type and end-use industry. The examination experts give a detailed portrayal of the value chain and its wholesaler investigation. This report concentrate gives complete information which improves the understanding, degree and application of this report.
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.
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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.
Key Players of fungicides Market
BASF, The Dow Chemical Company, DuPont, Sumitomo Chemical, Nufarm, Monsanto Company, Syngenta, UPLBayer, FMC Corporation, LANXESS Americas, Dow AgroSciences, ADAMA Agricultural Solutions Ltd, ADAMA India Private Limited, United Phosphorus Inc, NIPPON SODA CO., LTD, Chemtura Corporation, American Vanguard Safety, BioWorks Inc.
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 fungicides 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 fungicides market for global Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Key Segmentation of Fungicide Market
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
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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