Chemical Fungicides Market is Expected to Grow at a CAGR of 5.00% By 2029 With Top Players BASF SE (Germany), Bayer AG (Germany), Corteva, Inc. (U.S.), Syngenta AG

Chemical Fungicides Market research report provides the best answers to many critical business questions and challenges. Additionally, the data, facts, and figures collected to generate this market report are obtained from trustworthy sources such as websites, journals, mergers, newspapers, and other authentic sources. The report has a very extensive scope that includes market scenarios, comparative pricing between major players, and the cost and profit of the specified market regions. To execute the market research study; competent and advanced tools and techniques viz SWOT analysis and Porter's Five Forces Analysis have been employed. An all inclusive A market research report delivers an all-inclusive analysis of the market structure along with forecast of the diverse segments and sub-segments of the market. The report represents all-inclusive professional study of the industry which focuses on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis.

Recent Development

In November 2019, ADAMA Agricultural Solutions Ltd. acquired SFP, a French-Swiss crop protection company based in Switzerland. With this acquisition, SFP will expand its market presence in Europe by leveraging ADAMA's strong commercial network across the continent, which is expected to drive SFP's growth and help it expand its presence in the region.

In June 2019, FMC Corporation invested more than USD 50 million, including the reconfiguration of a greenhouse and research facility at the company's global R&D centre in Newark, Delaware, US.
In December 2019, FMC Corporation launched Rayora fungicide, a systemic demethylation inhibitor (DMI) designed to prevent and cure dollar spot while also providing additional protection against brown patches on turfs and greens.

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Competitive Landscape and Chemical Fungicides Market Share Analysis

The chemical fungicides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to chemical fungicides market.

Some of the major players operating in the chemical fungicides market are:

BASF SE (Germany)
Bayer AG (Germany)
Corteva, Inc. (U.S.)
Syngenta AG (Switzerland)
FMC Corporation (U.S.)
UPL Ltd. (India)
Sumitomo Chemical Co., Ltd. (Japan)
Nippon Soda Co., Ltd. (Japan)
Isagro S.p.A (Italy)
Nufarm (Australia)
ADAMA (Israel)
Nissan Chemical Corporation (Japan)
Marrone Bio Innovations, Inc. (U.S.)
Koppert Biological Systems (Netherlands)
Bioworks, Inc. (U.S.)
STK Bio-ag Technologies (Israel)
Verdesian Life Sciences (U.S.)
Seipasa S.A. (Spain)
Ishihara Sangyo Kaisha, Ltd. (Japan)
Nutrichem (China)
Market Definition

Fungicides are one of the most commonly used pesticides because they kill fungi and their spores, control blights, rust, and mildew, and protect crops from fungal infections, reducing damage. However, because fungicides cannot protect crops against all diseases, it is critical to understand the cause of the disease.

Segmentation:

The chemical fungicides market is segmented on the basis of crop type, form, action, application and product type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Crop Type

Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Other Crop Types
Active ingredients

Dithiocarbamates
Benzimidazoles
Chloronitriles
Triazoles
Phenylamides
Strobilurins
Others
Form

Liquid
Dry
Action

Contact
Systemic
Application

Seed Treatment
Soil Treatment
Foliar Spray
Chemigation
Post-Harvest
Product type

Bio based Fungicide
Synthetic Fungicide

Chemical Fungicides Market Analysis and Size

The global fungicides market is expected to expand significantly as a result of factors such as increasing population demand for food security, advancements in farming practises and techniques, and changing climatic conditions that favour disease occurrence. Fungicides are commonly used to control harmful fungi that reduce crop yield. As a result, there is an increase in global demand for fungicides to reduce crop loss.

Data Bridge Market Research analyses that the chemical fungicides market which was growing at a value of 21.65 billion in 2021 and is expected to reach the value of USD 31.99 billion by 2029, at a CAGR of 5.00% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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Global Chemical Fungicides Market Dynamics

Drivers

Increase adoption of agricultural policies
Increasing adoption of federal agricultural policy programmes in emerging economies, rising levels of food consumption globally along with a growing population, an increase in trade activities such as grain and oilseed export, and the introduction of new and highly advanced technology are some of the major and impactful factors that will likely boost the growth of the chemical fungicides market

Rise in the demand for speciality products

Rising demand for genetically modified seeds and rising consumer preferences for organic and specialty products will contribute to the growth of the chemical fungicides market over the forecast period. Furthermore, the market is being driven by an increase in the number of agreements between corporate companies and farmers for the supply and production of agricultural products. Aside from that, organic products are considered safer than conventional products because they are not grown with chemically laden pesticides and are better for the environment.

Opportunities

Among the major factors driving the growth of the chemical fungicides market are high demand for high-value crops and rising launches of novel fungicide products. Furthermore, the growing popularity and acceptance of bio-based fungicide pesticides will open up new avenues for the chemical fungicides market.

Restraints

However, rising organic farming adoption and inappropriate fungicide use are among the major factors acting as restraints, while stringent regulations and long approval times for new products will further challenge the growth of the chemical fungicides market during the forecast period.

This chemical fungicides market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the chemical fungicides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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