Los Angeles, CA -- (SBWIRE) -- 12/26/2019 -- The global Nematicides market is expected to benefit from increasing adoption rate of Nematicides among farmers in various countries across the globe. Nematodes attack the roots of host crop and multiplies very fast in favourable conditions resulting into formation of big knots on the roots. Newly emerged Nematicides including NIMITZ and MCW-2 are also likely to open novel avenues for the market.
It has been observed that companies are using various strategies such as technological innovation and new product development to gain a competitive edge over other companies. Furthermore, they are raising their expenditure on advertising, which is resulting in intense competition among the players. A number of product introductions has taken place in the market. One such instance is InLine® soil fungicide and nematicide by The Dow Chemical Company. It is a multi-purpose liquid fumigant for the preplant treatment of soil to control nematodes and symphylans. It also manages certain soilborne diseases in cropland with the help of drip irrigation systems only.
Introduction of novel products to emerge as a key strategy among the market players
Key companies operating in the Nematicides market are ADAMA Agricultural Solutions Ltd., Bayer CropScience AG, Syngenta, The Dow Chemical Company, FMC Corporation, BASF SE, Monsanto Company, Nufarm Limited, Sumitomo Chemical Co., Ltd., AMVAC Chemical Corporation, Isagro S.p.A., Marrone Bio Innovations Inc., Brandt Consolidated, Inc., and Certis USA L.L.C.
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By Type
? Chemical
? Biological
By Chemical
? Halogen Compounds & Other Fumigants
? Organophosphate
? Carbamate
? Bio-based Nematicide
By Application
? Fumigation
? Irrigation
? Spraying
? Seed Treatment
By Formulation
? Gaseous Formulations
? Liquid
? Granules or Emulsifiable Liquid
? Other Formulation Types
According to the analysts, chemical fumigants and Nematicides find application in enclosed spaces including greenhouses and warehouses on account of their high volatility. Biological Nematicides are emerging as an alternative to conventional synthetic pesticides due to governmental support. Halogen compounds are known to be the most common Nematicides deployed as fumigants. As far as the application is concerned, fumigation is used extensively for crop treatment against nematodes.
By Region
North America is a key region in this market owing to high Nematicides consumption. Asia Pacific is expected to witness significant growth in the Nematicides market as it is known to be one of the major producing regions of fruits and vegetables. Moreover, factors such as presence of a number of fumigant and nematicide producers and users in this region are having a positive influence on the market growth. Increasing agricultural activities is expected to open up various opportunities for Nematicides market growth in Asia Pacific. China is contributing significantly to the regional market growth.
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