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Chemical Fungicides Market Analysis 2023 : Market Growth Rate, Competitive Landscape And Top Opportunities | BASF SE, Bayer AG, Corteva Inc., Syngenta AG
Chemical Fungicides Market Analysis 2023
The Business Research Company's Chemical Fungicides Global Market Report 2023 identifies The rising occurrence of crop diseases as the major driver for the Chemical Fungicides market's growth in the forecast period. Crop diseases refer to diseases caused by various pathogenic organisms, such as fungi, bacteria, mycoplasma, virus, viroid, nematode, or parasitic flowering plants. Chemical fungicides work to eradicate or stop the development of fungi and their spores and are effective against rust, mildew and other plant-damaging fungi, as a result, the rising occurrence of crop diseases increases the demand for the chemical fungicides market.
The global chemical fungicides market size is expected to grow from $21.31 billion in 2022 to $22.64 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global chemical fungicides market size is expected to reach $28.25 billion in 2027 at a CAGR of 5.7%.
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Major competitors in the Chemical Fungicides market are BASF SE, Bayer AG, Corteva Inc., Syngenta AG, FMC Corporation, UPL Ltd.
A key trend in the Chemical Fungicides market includes technological advancement. Major companies operating in the chemical fungicide market are undergoing product innovation to strengthen their position in the chemical fungicide market.
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The Chemical Fungicides market is segmented -
• By Product Type: Bio Based Fungicide, Synthetic Fungicide
• By Form: Liquid, Dry
• By Active Ingredients: Dithiocarbamates, Benzimidazoles, Chloronitriles, Triazoles, Phenylamides, Strobilurins, Other Active Ingredients
• By Action: Contact, Systemic
• By Application: Seed Treatment, Soil Treatment, Foliar Spray, Chemigation, Post-Harvest
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Chemical Fungicides market.
The Business Research Company's "Global Chemical Fungicides Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Chemical Fungicides Market Include:
1. Executive Summary
2. Chemical Fungicides Market Characteristics
3. Chemical Fungicides Market Trends And Strategies
4. Chemical Fungicides Market - Macro Economic Scenario
5. Chemical Fungicides Market Size And Growth
……
26. Africa Chemical Fungicides Market
27. Chemical Fungicides Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Chemical Fungicides Market
29. Chemical Fungicides Market Future Outlook and Potential Analysis
30. Appendix
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