Fungicides Market is estimated to reach a revenue of US$ 30 Billion by 2032-end

Fungicides Market

The global fungicides market is valued at US$ 18.5 Bn in 2022. The fungicides market is estimated to reach a valuation of US$ 30 Bn by 2032. The Fungicides Market is expanding at a CAGR of 4.9% between 2022 and 2032. 

North America held 28% share of the global fungicides market share in 2021. Based on crop type, cereals and grains enjoy 41% share of the fungicides industry.

Request the Free Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/3387

Fungicides are a type of pesticide used to prevent, control, or kill fungal pathogens that infect plants. They are widely used in agriculture and horticulture to protect crops from diseases that can cause significant yield loss. The global fungicides market is expected to grow in the coming years, driven by increasing demand for food and rising population.

Sulfur is one of the most often used active components in fungicides. In the near future, it is anticipated that the key rules governing the use of fungicides in various countries will impede the growth of the global fungicides market because some fungicides are harmful to human health. However, the worldwide fungicides market is likely to show moderate single-digit growth in the forecast decade.

Key Companies- 

• BASF SE
• Bayer AG
• Syngenta AG
• The Dow Chemical Company
• E.I. Dupont De Nemours & Company
• Cheminova A/S
• Nufarm Ltd.
• Chemtura Corporation and more

Buy Full Report Now @ https://www.persistencemarketresearch.com/checkout/3387

The market is segmented by type, application, and geography.

• By type, the market is segmented into synthetic fungicides, bio-fungicides, and semi-synthetic fungicides.Synthetic fungicides are the most widely used and account for the largest share of the market.

• By application, the market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. Cereals & grains are the largest application segment and are expected to continue to dominate the market.

• Geographically, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific is the largest market for fungicides and is expected to continue to dominate the market during the forecast period. The increasing population and rising demand for food in the region are expected to drive the market.

In conclusion, the global fungicides market is expected to grow in the coming years, driven by increasing demand for food and rising population. Asia Pacific is the largest market for fungicides, and the increasing population and rising demand for food in the region are expected to drive the market.

Request For Customization@https://www.persistencemarketresearch.com/request-customization/3387

Questions Answered in PMR's Fungicides Market Report

• What is the sales forecast for fungicides?
• Which segment dominates the fungicides market?
• What is the present value of the fungicides market?
• Which region contributes the highest share in the market?

Request you to Read More-

https://www.globenewswire.com/news-release/2023/01/10/2586025/0/en/Fungicides-Market-Booming-at-a-CAGR-of-4-9-and-Projected-to-Reach-a-Revenue-of-US-30-Bn-in-2032-According-to-Persistence-Market-Research-Study.html

https://www.einnews.com/pr_news/612865625/fungicides-market-to-cross-us-30-billion-in-revenues-by-2032-end-key-players-basf-se-bayer-ag-syngenta-ag-and-more

About us: -

Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on "micros" by Persistence Market Research helps companies overcome their "macro" business challenges.

Contact Us:

Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

This release was published on openPR.