Nematicides Market Worth, Trends, Company Profiles, Revenue Share Analysis, 2020–2028

The Global Nematicides Market Research Report offers an in-depth analysis of the Nematicides industry and the economic scenario for business management that offers development and profitability for the key players in the market.

The global Nematicides Market size is expected to reach USD 1.75 Billion by 2028 at a CAGR of 3.5%, according to a new report by Reports and Data. Nematodes, a scientific term indicated for roundworms, comprises above 15,000 species. Most of the nematodes’ species which attack crops are generally microscopic. Nematodes attack the foliage, flowers, stem, and plants’ roots. They specifically attack roots, causing root knots, stunted root systems, and root lesions, resulting in declining of the plants or crops. Nematodes are immensely harmful for plants, as they attack plants to feed on them. Therefore, nematodes causing severe damage to many crops by eating the flowers, fruits, leading to decreased crop productivity. Nematicides are majorly used by farmers for killing as well as controlling nematodes.

Nematicides are intended to increase the efficiency of water use and nutrient uptake, resulting in minimized cost of irrigation and fertilizers, promoting the growth of the market. Additionally, growing adoption of integrated pest management globally, combined with rising awareness regarding the advantages of nematicides is boosting the industry’s growth. 

Furthermore, growing practices on seed treatment is also providing ample opportunities for numerous stakeholders in this sector. However, human and environmental hazards due to the usage of chemical nematicides, development of transgenic plants and crops, and government regulations on pesticides are the factors posing challenges to the sector’s growth. Moreover, the synthetic nematicides’ negative impact on soil may obstruct the industry expansion. 

To receive a sample copy of the global Nematicides market report, visit @ https://www.reportsanddata.com/sample-enquiry-form/3893

Key companies profiled in the report:

Syngenta Crop Protection AG (Switzerland),
Bayer AG (Germany),
Corteva Agriscience (US),
Adama Agricultural Solutions Ltd (Israel),
BASF SE (Germany),
FMC Corporation (US),
UPL Limited (India),
Nufarm (Australia),
and Isagro Group (Italy).

Further key findings in the report

Chemical nematicides accounted for the largest industry share in the year 2017, due to its growing usage in several developing countries, higher efficiency, easy availability, and reduced cost as compared to other biologicals.
Nematicides are applied on fruits & vegetables including tomatoes, potatoes, pineapples and so on. Along with providing protection from the nematodes, it also aids in increasing soil fertility.
The biological nematicides predicted to register the fastest growth over the analysis period, because of the increasing public health and environmental concerns with the usage of chemical nematicides, soaring need for chemical residue-free products, increasing organic farming, and government support to apply biological nematicides treatment globally.

To know more about the report @ https://www.reportsanddata.com/report-detail/nematicides-market

Global Nematicides Market Segmentation:

Product Type Outlook:

Fumigants
Organophosphates
Carbamates
Bionematicides
Others (which include active ingredients, such as acetoprole, benclothiaz, DBCP, and chitosan)

Application Outlook:

Fumigation
Soil dressing
Drenching
Seed treatment

Regions Covered in This Report:

North America(the U.S., Mexico, and Canada)
Latin America(Brazil and Rest of Latin America)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., Germany, France, and Rest of Europe)
Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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This release was published on openPR.