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Global Fungicides Market Has Huge Demand Due to Increasing Incidents of Pest Attack and Market Is Expected to Reach USD 22.06 Billion by 2025

Global fungicides market is expected to reach USD 22.06 billion by 2025, from USD 15.18 billion in 2017 growing at a CAGR of 5% during the forecast period of 2018 to 2025

 

Pune, India -- (SBWIRE) -- 06/20/2018 -- Global Fungicides Market with figures as recent as 2018 and forecasts up to 2025 provides an overview of the industry including its definition, size, share, growth, and manufacturing. Report also explores the major industry players in detail as well as company profile, product specifications, capacity and production value.

Global Market Analysis of Fungicides Market

The global fungicides market is expected to reach USD 22.06 billion by 2025, from USD 15.18 billion in 2017 growing at a CAGR of 5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition

This market report defines the market trends and forecast the upcoming opportunities and threats of fungicides market in the next 8 years. Rising demand of fruits and vegetables, changing dietary patterns, is driving factors for fungicides market Fungicides are used in prevention and control of fungal diseases that affect plants. Some of the most popular ingredients used in fungicides for their application in oilseeds and pulses are fluopyram, prothioconazole, picoxystrobin, bixafen, and tebuconazole. Increasing awareness about the advantages of fungicides among farmers across the world is a major factor for the market growth. Bio-based fungicides are opening new opportunity for the fungicide market. Ban on some fungicides by Food and Drug Administration (FDA) such as carbendazim that causes diseases cancer and sterility in human beings due to this parameter, the bio fungicides market is likely to grow in upcoming years. Stringent  environmental rules and regulations. Bans on high volume fungicides by Environmental Protection Agency (EPA) are also projected to drive demand for bio fungicides in future years. Few major synthetic fungicides that are available in the market include captan, immunox, mancozeb, chlorothalonil, and myclobutanil. In 2014, Cheminova Inc. introduced a fungicide under the brand name 'Equation'. In 2017 Arysta LifeScience, a Platform Specialty Products Company, collaborated with DuPont. Arysta LifeScience will supply to DuPont Crop Protection an innovative fungicide technology with the focus on corn and soybean seed applied products.

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This Report Consists of –     


- No of pages: 350, No of Figures: 60, No of Tables: 220


Global Fungicides Market By Type (Benzimidazoles , Dithiocarbamates, Phenylamides ,Chloronitriles Strobilurins, Triazoles, Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), By Mode of Application, By Form, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025

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Frequently Asked Questions?


- What will the market size be in 2025?

- What are the key factors driving the global market?

- What are the challenges to market growth?

- Who are the key players in the market?

- What are the market opportunities and threats faced by the key players?

- What will be the growth rate in 2025?

- Which strategies are used by top players in the Global Fungicides Market?


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Major Market Drivers & Market Restraint


- Increasing Incidents of Pest Attack.

- Changes in agriculture Techniques

- Integrated Pest Management.

- High Growth Opportunities in developing Countries.

- Lack of Awareness among Farmers.

- Increasing Chances of Soil Toxicity


 Market Segmentation

The global fungicides market is segmented based on type, crop type, mode of application, form.

On the basis of type global fungicide market is segmented into


- Benzimidazoles,

- Dithiocarbamates,

- Phenylamides,

- Chloronitriles,

- Strobilurins,

- Triazoles and Others


On the basis of crop type global fungicide market is segmented into


- cereals & grains ,

- oilseeds & pulses,

- fruits & vegetables, other crop types


On the basis of mode of application global fungicide market is segmented into


- Foliar Spray,

- Soil Treatment,

- Post-Harvest, and

- Seed Treatment


On the basis of form global fungicide market is segmented into


- Liquid Form,

- Water-Dispersible Granule,

- Wettable Powder


Liquid form is further sub segmented into


- Emulsifiable Concentrate,

- Suspension Concentrate, and

- Soluble Liquid Concentrate


Based on geography the global fungicide market report covers data points for 28 countries across multiple geographies namely


- North America & South America,

- Europe,

- Asia-Pacific and,

- Middle East & Africa


Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis

The global fungicide market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global fungicide market for global, Europe, North America, Asia Pacific and South America.

Top Competitors of Market   


- BASF SE,

- The Dow Chemical Company,

- DuPont,

- Sumitomo Chemical Co., Ltd,

- Syngenta,

- Bayer AG,

- FMC Corporation,

- ADAMA India Private Limited,

- Nufarm Limited,

- NIPPON SODA CO., LTD,

- FMC Corporation,

- Monsanto Company The Dow Chemical Company,

- UPL,

- LANXESS


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