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The Surge In Chemical Fungicides Market Fueled By Escalating Crop Diseases Driver: A Major Catalyst in the Evolution of the Chemical Fungicides Market in 2025
What market dynamics are playing a key role in accelerating the growth of the chemical fungicides market?The escalation in crop diseases is poised to fuel the expansion of the chemical fungicide market. Crop diseases, caused by various pathogenic entities like fungi, bacteria, mycoplasma, virus, viroid, nematode, and parasitic flowering plants, can be mitigated by chemical fungicides, which are effective against fungi and their spores - including crop-damaging fungi such as rust and mildew. As a result, an increase in crop diseases boosts the chemical fungicide market's demand. The Crop Protection Network (CPN), a US-based research organization, reported in 2023 that a disease affecting maize in Zambia has twice the spread, increasing from 500 hectares in 2022 to about 1,000 hectares. In addition, research based in Ethiopia observed a 35.3% hike in the incidence of disease affecting coffee crops, affecting the country's exports and income sources, thereby underscoring the urgent necessity for efficient crop protection plans. As a consequence, the chemical fungicide market is being driven by the escalating instances of crop diseases.
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How will the growth rate of the chemical fungicides market shape industry trends by 2034?
In the past few years, the market size for chemical fungicides has seen substantial growth. The prediction is for it to expand from $24.14 billion in 2024 to $25.79 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. Factors such as the improvement in crop yield, managing disease resistance, the growing scale of agriculture, evolution in chemical formulations, concerns over public health, and the globalization of agriculture have contributed to the growth during the historic period.
The market size for chemical fungicides is set to witness robust expansion in the upcoming years. The market is predicted to reach a valuation of $33.65 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.9%. This forecasted upsurge can be linked to factors such as globalization and dynamic trade in the market, the shift towards integrated pest management (IMP), the effect of climate change on diseases, the advancement of precision agriculture, regulatory modifications, and the emphasis on sustainability. Noteworthy trends for the forecast period comprise the acceptance of biological fungicides, the deployment of precision application technologies, worries surrounding residue management, integrated disease containment, and the formation of resistance management tactics.
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What trends are poised to drive the future success of the chemical fungicides market?
Enhancements in technology are becoming a growing trend in the chemical fungicide industry. Prominent businesses in the chemical fungicide sector are focusing on product innovation to fortify their market position. In an example from August 2022, Syngenta, a Swiss agrichemical company specialising in chemical fungicides, launched TYMIRIUM technology, with approval from Argentina. This technology offers wide-ranging protection against nematodes and prevalent fungal diseases. In addition, it enables farmers to elevate food quality and crop yield by safeguarding soil biodiversity and endorsing soil health.
Which primary segments of the chemical fungicides market are driving growth and industry transformations?
The chemical fungicides market covered in this report is segmented -
1) By Product Type: Bio Based Fungicide, Synthetic Fungicide
2) By Form: Liquid, Dry
3) By Active Ingredients: Dithiocarbamates, Benzimidazoles, Chloronitriles, Triazoles, Phenylamides, Strobilurins, Other Active Ingredients
4) By Action: Contact, Systemic
5) By Application: Seed Treatment, Soil Treatment, Foliar Spray, Chemigation, Post-Harvest
Subsegments:
1) By Bio-Based Fungicide: Microbial Fungicides, Plant Extract Fungicides, Bio-Control Agents
2) By Synthetic Fungicide: Azoles, Strobilurins, Chloronitriles, Dicarboximides
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Which geographical regions are pioneering growth in the chemical fungicides market?
Asia-Pacific was the largest region in the chemical fungicides market in 2024. The regions covered in the chemical fungicides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the chemical fungicides market landscape?
Major companies operating in the chemical fungicides market include BASF SE, Bayer AG, Corteva Inc, Syngenta AG, FMC Corporation, UPL Ltd., Sumitomo Chemical Co. Ltd., Nippon Soda Co. Ltd., Isagro S.p.A, Nufarm, ADAMA, Nissan Chemical Corporation, Marrone Bio Innovations Inc., Koppert Biological Systems, Bioworks Inc., STK Bio-ag Technologies, Verdesian Life Sciences, Seipasa S A, Ishihara Sangyo Kaisha Ltd., Nutrichem Co. Ltd., Certis LLC, Valent BioSciences LLC, Stockton Group, Lallemand Plant Care, Albaugh LLC, Rotam CropSciences Ltd., Sipcam Agro USA Inc., Kumiai Chemical Industry Co. Ltd., Arysta LifeScience Corporation, Heranba Industries Ltd.
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What Is Covered In The Chemical Fungicides Global Market Report?
• Market Size Forecast: Examine the chemical fungicides market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the chemical fungicides market for a structured understanding.
• Key Players Overview: Analyze major players in the chemical fungicides market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the chemical fungicides market.
• Segment Contributions: Evaluate how different segments drive overall growth in the chemical fungicides market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the chemical fungicides market.
• Industry Challenges: Identify potential risks and obstacles affecting the chemical fungicides market.
• Competitive Landscape: Review strategic developments in the chemical fungicides market, including expansions, agreements, and new product launches.
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