Global Mefentrifluconazole Demand Is Anticipated To Expand At A CAGR Of 6.1% During The 2022 to 2031

According to the latest study by Fact.MR, mefentrifluconazole market is continuing to contemplate substantial growth during the forecast period of 2021-2031. Demand for mefentrifluconazole will witness an accretion over the short term and long term forecast period. Moreover, as the sales from the countries with high volume cereal crop production are gaining traction, global mefentrifluconazole demand is anticipated to expand at a CAGR of 6.1% during the same period.

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Growing Cereal Production to Proliferate the Demand for Mefentrifluconazole
The production of cereal has been increasing over the past half-decade. Today the world produces over 3 billion metric tons of cereal. Cereal crops are mostly affected by fungal disease and the reasons may be infected seeds, crop debris, nearby crops and weeds. And it can also be spread through the movement of contaminated soil, machinery, animals, seedlings and other plants material.

Owing to the continuation of fungal diseases in cereal crops, the demand for fungicides also increases which in turn increases the demand for Mefentrifluconazole in the long run forecast period.

Who are the Key Manufacturers and Suppliers of Mefentrifluconazole?

BASF
MedChem Express (MCE)
DC Chemicals Limited
Medchemexpress LLC
Merck

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Mining Industry to Provide Stupendous Opportunity
Mining industry is highly dependent on diesel powered vehicles and machinery. Also due to less ventilation underground diesel smoke has been recognized fatal for workers with an increased risk of cancer. Thus it has become of higher importance to look for alternate energy sources in mining industries.

LOHC has been recognized as an important alternative solution to diesel powered machineries in mining operations. LOHC can provide required hydrogen density along with reduced risk of explosion. Also, this technology can further reduce the underground heat and emission without impacting the health of workers.

Key Segments

By Type
Microbial
Botanical

By Form
Dry
Liquid

By Crop Type
Cereals
Wheat
Rice
Corn
Rye
Oats
Barley
Sorghum
Others
Fruits & vegetables
Grapes
Pears
Apple
Cucumber
Potatoes
Others
Oilseeds & pulses
Cotton
Soyabean
Others

By Region
North America
US & Canada
Latin America
Brazil, Mexico, Argentina & Rest of Latin America
Europe
Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
East Asia
China, Japan, South Korea
South Asia
India, Thailand, Malaysia, Indonesia and Rest of South Asia
Oceania
Australia and New Zealand
Middle East and Africa
GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa

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Asia Pacific Demand Outlook for Mefentrifluconazole
Owing to the highest cereal and other crop production, the Asia Pacific region remains the prominent business destination for Mefentrifluconazole. China is the largest producer of cereal crops and remains one of the key consumers of fungicides as well. India is the third-largest producing nation of cereals and also one of the largest consumers of fungicides. Indonesia and Thailand are also significant contributors to cereal production in Asia.

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