#Triazole Fungicides Market size
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Triazole Fungicides Market Forecast, Size and Share by 2025-2033
The Reports and Insights, a leading market research company, has recently releases report titled “Triazole Fungicides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033.” The study provides a detailed analysis of the industry, including the global Triazole Fungicides Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Triazole Fungicides Market?
The global triazole fungicides market was valued at US$ 4.0 Billion in 2024 and is expected to register a CAGR of 4.5% over the forecast period and reach US$ 5.9 Billion in 2033.
What are Triazole Fungicides?
Triazole fungicides are a class of systemic fungicides widely used in agriculture to protect crops from fungal diseases by inhibiting the biosynthesis of ergosterol, an essential component of fungal cell membranes. Known for their broad-spectrum activity, triazoles are effective against a variety of fungal pathogens, including rusts, powdery mildew, and leaf spots, making them vital for the cultivation of cereals, fruits, vegetables, and ornamental plants. These fungicides offer long-lasting protection due to their curative and preventive properties and are valued for their ability to enhance crop yield and quality. Common examples include tebuconazole, propiconazole, and difenoconazole, which are favored for their efficacy, versatility, and role in integrated pest management programs.
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What are the growth prospects and trends in the Triazole Fungicides industry?
The triazole fungicides market growth is driven by various factors and trends. The triazole fungicides market is experiencing steady growth driven by the increasing demand for effective crop protection solutions to combat fungal diseases in agriculture. The market benefits from the widespread use of triazoles in cereals, fruits, vegetables, and ornamental plants, owing to their broad-spectrum efficacy, long-lasting protection, and ability to enhance crop yield and quality. Key market drivers include the growing need for food security, the rising adoption of integrated pest management (IPM) strategies, and the expansion of global agricultural production. However, concerns regarding resistance development and regulatory pressures related to pesticide residues are prompting the development of new formulations and alternative products. Overall, the market is expected to expand as innovation continues, with an emphasis on sustainable agricultural practices and the adoption of advanced fungicide technologies. Hence, all these factors contribute to triazole fungicides market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Typе
Epoxiconazolе
Triadimеnol
Propiconazolе
Prothioconazolе
Mеtconazolе
Cyproconazolе
Tebuconazolе
Flusilazolе
Paclobutrazol
By Crop Typе
Cеrеals and Grains
Oilsееds and Pulsеs
Fruits and Vеgеtablеs
Othеr Crop Typеs
By Application
Sееd Trеatmеnt
Soil Trеatmеnt
Foliar Spray
Chеmigation
Post-Harvеst
By Formulation Typе
Suspеnsion Concеntratе (SC)
Emulsifiablе Concеntratе (EC)
Wеttablе Powdеr (WP)
Solublе Liquid (SL)
Granulеs
North America
United States
Canada
Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
Benelux
Nordic
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
BASF SE
Bayеr AG
DuPont
NIPPON SODA CO., LTD.
FMC Corporation
Sumitomo Chеmical Co., Ltd.
Vеrdеsian Lifе Sciеncеs
Cortеva Agrisciеncе
FMC Corporation
Syngеnta AG
Nufarm Limitеd
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Fungicides Market is Expected to Grow at a Robust Rate Till 2028
Climate change and fungal disease proliferation is expected to drive the Global Fungicides Market growth in the forecast period, 2024-2028.
According to TechSci Research report, “Fungicides Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Fungicides Market stood at USD 19.89 billion in 2022 and is anticipated to grow with a CAGR of 5.92% in the forecast period, 2024-2028. Fungicides, which are chemical or biological agents designed to combat fungal diseases in crops, play a pivotal role in ensuring food security and safeguarding agricultural productivity. One of the most fundamental drivers of the fungicides market is the ever-growing global population.
As the world's population continues to expand, so does the demand for food. To meet this increasing demand, farmers need to enhance crop yields and protect their harvests from fungal diseases that can lead to substantial losses. Fungicides provide a crucial tool in this regard, allowing farmers to maximize their yields and contribute to global food security.
Modern farming practices have evolved significantly over the years, with a greater emphasis on precision agriculture and intensive cultivation methods. These practices often involve the cultivation of high-value cash crops and the use of specialized equipment. However, such practices can also make crops more susceptible to fungal pathogens. Consequently, the need for fungicides has grown in tandem with the expansion of these agricultural practices.
Climate change has brought about shifts in weather patterns and increased instances of extreme weather events. These changes can create favorable conditions for the proliferation of fungal diseases in crops. Rising temperatures, increased humidity, and altered precipitation patterns can all contribute to the spread of fungal pathogens. As a result, farmers are increasingly turning to fungicides as a means of mitigating the risks posed by climate change and protecting their crops.
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In recent years, there has been a growing awareness of the environmental and health impacts associated with the excessive use of chemical pesticides, including fungicides. This has led to a shift towards more sustainable and environmentally friendly agricultural practices. Biofungicides, which are derived from natural sources such as microorganisms, plant extracts, and beneficial insects, have gained prominence as a greener alternative to chemical fungicides. This shift towards sustainable agriculture is expected to drive the growth of the biofungicides segment within the fungicides market.
The Global Fungicides Market is segmented into Product, Application, Regional Distribution, And Company.
Based on the Product, Triazoles & Diazoles emerged as the dominant segment in the global market for Global Fungicides Market in 2022. These fungicides have been widely produced and are readily available in the market, making them accessible to a large number of farmers globally.Triazoles and diazoles are effective against a wide spectrum of fungal pathogens, including both foliar and soil-borne diseases. They are versatile and can be used on various crops, including cereals, fruits, vegetables, and ornamentals, making them suitable for a broad range of agricultural applications.
Their systemic nature allows these fungicides to move within the plant, reaching different parts of the crop, including the leaves, stems, and even roots. This provides comprehensive protection and reduces the need for frequent reapplications. Triazoles and diazoles typically offer longer-lasting protection compared to some other fungicide classes. Their residual activity means they can continue to protect crops even after application, reducing the risk of disease outbreaks.
Based on the Application, the Cereals & Grains segment emerged as the dominant player in the global market for Global Fungicides Market in 2022. Cereals and grains are a fundamental component of global food security. Any significant loss in their production due to fungal diseases can have severe consequences for food availability and prices.
Fungicides play a critical role in ensuring a stable and reliable supply of these essential food commodities. The economic significance of cereal and grain crops cannot be overstated. They are not only vital for food production but also used as feedstock for livestock and as raw materials in various industries, including the production of biofuels. Protecting the health and yield of these crops is essential for maintaining economic stability.
Cereals and grains, such as wheat, rice, corn, and barley, are some of the most widely cultivated crops globally. They serve as staple food sources for billions of people. Due to their large-scale production, the demand for fungicides to protect these crops from fungal diseases is substantial. Cereals and grains are particularly vulnerable to a variety of fungal pathogens, including rusts, smuts, and blights. These diseases can significantly reduce crop yields and quality if not effectively managed. As a result, farmers rely heavily on fungicides to protect their cereal and grain crops.
Asia-pacific emerged as the dominant player in the global Fungicides Market in 2022, holding the largest market share. The Asia-Pacific region is home to some of the world's most populous countries, including China and India, which have vast agricultural sectors. The sheer scale of agricultural production in these countries creates a substantial demand for fungicides to protect crops from fungal diseases. Asia-Pacific is characterized by a wide variety of crops grown across different climatic zones.
This diversity in crop cultivation increases the need for fungicides to combat a range of fungal pathogens that thrive under varying environmental conditions. With a rapidly growing population, the Asia-Pacific region faces increasing pressure to enhance food production. Fungicides play a crucial role in safeguarding crop yields and quality, which is essential to meet the rising demand for food and ensure food security.
Major companies operating in Global Fungicides Market are:
Nufarm Ltd.
FMC Corporation
Cheminova A/S
Bayer CropScience
Syngenta AG
Dow AgroSciences
Lanxess AG
Monsanto
Adama Agricultural Solutions
Simonis B.V
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“The global fungicides market is poised for substantial growth in the coming years. the increasing global population and growing food demand necessitate higher agricultural productivity, which, in turn, requires effective fungal disease management through fungicides. changing climate patterns are likely to lead to more favorable conditions for fungal pathogens, accentuating the need for robust disease control measures.
Additionally, the adoption of advanced agricultural practices, including precision farming and sustainable techniques, will drive the demand for fungicides that align with these approaches. The rise of biological fungicides and the development of innovative, eco-friendly solutions further indicate a shift towards sustainable crop protection methods.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Fungicides Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Lump Fungicides, Fungicides Briquettes, Japanese Fungicides, Sugar Fungicides, Others), By Application (Outdoor Activities, Restaurant Business, Metallurgical Fuel, Industrial Fuel, Filtration, Others) Region and Competition”, has evaluated the future growth potential of Global Fungicides Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Fungicides Market.
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#Fungicides Market#Fungicides Market Size#Fungicides Market Share#Fungicides Market Trends#Fungicides Market Growth#Fungicides Market Forecast
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Fungicides Market Study for 2022 to 2028 Providing Information on Growth Drivers, and Industry Analysis
The Global Fungicide Market was estimated at USD 19.61 billion in 2021, and is projected to reach USD 26.33 billion by 2028, growing at a CAGR of 4.3% over the analysis period.
Fungicides are the type of pesticides that are widely used to kill fungi and fungi spores, control rust, mildews and blights and to prevent crop against any fungal infection. The rising demand for fungicides is found majorly in high-value crops, such as grapes, pome fruits, cotton, tomato, maize and other ornamental & vegetable crops, as they help in improving the crop quality and yield. Growing prevalence of various harmful crop diseases, changes in environmental condition, rising health concerns among the farmers and increasing awareness regarding the benefits of using fungicides are most likely to drive the market growth of fungicides. In addition to this, major government bodies, along with agricultural committees, are working hard to spread the awareness regarding the utilization of fungicides and pesticides and other important matrices, such as understanding infection types, amount of usage per crop and time intervals between any two doses, so as to ensure safe and appropriate farming practices and gain better quality yield. Therefore, the rising demand for better crop quality and yield, adoption of advanced technologies by farmers and increasing popularity of bio-based fertilizers are the main factors propelling the growth of the fungicide market over the projected period.
The global Fungicides market report provides comprehensive market information, including classifications, definitions, and market analysis. This also helps with the awareness of various item specifics, the manufacturing cycle, the supply chain, and the cost structure. Along these lines, the understanding of the project's structural squares and key drivers of development is enhanced. To estimate the market size, boundaries such as import and fare, rules in various nations, inflation, legal and political variables, financial elements, and other minor aspects inside organizations have been broken down. The research examines the competitive landscape as well as the most current positions of major rivals in the Fungicides industry.
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Key Industry Players in the Fungicides Market:
· Sumitomo Chemical Co. Ltd (Japan)
· PI Industries (India)
· FMC Corporation (USA)
· ADAMA Ltd. (Israel)
· BASF SE(Germany)
· UPL(India)
· Bayer AG (Germany)
· Syngenta AG(Switzerland)
· The Dow Chemical Company (US)
· Cheminova A/S(Denmark)
· Chemtura Corporation (US)
· Bioworks Inc (United States)
· American Vanguard Corporation (US) and other major players.
Chemical origin fungicidal also known as synthetic fungicides are biocidal substances that can kill or prevent the growth of fungi and their spores. The chemical fungicidal products are predominantly preferred over the biological products due to their immediate effect in controlling the growth of fungi. Also, due to the high concentration of active ingredients, the chemical fungicidal products can cover a large acreage. In the chemical fungicide products market, dithiocarbamates, triazoles, inorganic fungicides, strobilurins, and chloronitriles are highly preferred by growers across the world.
Segmentation Analysis Includes,
By Type:
· Chemical
· Biological
By Crop type:
· Cereals and Grains
· Oilseeds and Pulses
· Fruits and Vegetables
By Mode of Application:
· Seed treatment
· Foliar spray
· Soil treatment
· Post-harvest
By Region:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
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Key Benefits:
· The report provides an in-depth analysis of the forecast along with the current and future market trends
· This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period
· Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the industry for strategy building
· The qualitative data in this report aims on market dynamics, fungicides market trends, and developments
· A comprehensive analysis of the factors that drive and restrain the fungicides market growth are provided
It describes the top and new vendors and their various strategies such as geographic expansion strategies, merger and acquisition, research and development, and new product introduction strategies in order to execute future industry growth and expansion over a foreseeable time period. The Market Share Analysis examines suppliers in terms of their contribution to the entire market. It provides an indication of how much income it generates in comparison to other suppliers in the industry.
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The global outbreak of COVID-19 was followed by lockdowns across several countries and this had a severe impact on the production and supply of products. The disruption in the supply chain of plant protection products including fungicide products was also due to the labor shortage. Further, the disruption caused by the COVID-19 pandemic in the flow of crop protection products, either from local or international suppliers to the farm level, has already resulted in reduced outputs.
Related Report: -
https://introspectivemarketresearch.com/reports/agriculture-adjuvants-market/
https://introspectivemarketresearch.com/reports/agricultural-pesticides-market/
https://introspectivemarketresearch.com/reports/microencapsulated-pesticide-market/
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Global Fungicides Market Growth Rate
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The global fungicides market is projected to grow at a compound annual growth rate (CAGR) of 3.56% during the forecast period 2021-2027, according to the new report published by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global fungicides market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, company share of market leaders, growth rate and market segments.
The fungicides market is segmented on the basis of active ingridient, and crop type, and region. The fungicides market is segmented as below:
By Active Ingredient:
- Benzimidazoles
- Chloronitriles
- Dithiocarbamates
- Phenylamides
- Strobilurins
- Triazoles
- Others
By Crop Type:
- Cereals & grains
- Fruits & vegetables
- Oilseeds & pulses
- Others
By Region:
- Region
- Asia-Pacific
- Europe
- North America
- Middle East and Africa (MEA)
- South America
The market research report “Global Fungicides Market, 2021-2027” covers the analysis of key stake holders of the fungicides market. Some of the leading players profiled in the report include Adama Ltd., BASF SE, Bayer AG, FMC Corporation, Nufarm Limited, Sumitomo Chemical Company, Syngenta AG, among others.
Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.
Scope of the Report
- To analyze and forecast the market size of the global fungicides market.
- To classify and forecast the global fungicides market based on active ingridient, and crop type, and region.
- To identify drivers and challenges for the global fungicides market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global fungicides market.
- To conduct pricing analysis for the global fungicides market.
- To identify and analyze the profile of leading players operating in the global fungicides market.
For More Information, refer to below link:-
Global Fungicides Market Analysis, 2021-2027
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Triazole Fungicides Market Recent Industry Developments And Growth Strategies Adopted By Top Players, Latest Trends And Regional Growth Forecast By Types And Applications 2021 to 2027
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The recently Published Report titled Triazole Fungicides Market Recent Industry Developments And Growth Strategies Adopted By Top Players, Latest Trends And Regional Growth Forecast By Types And Applications 2021 to 2027 by Axel Reports offers a comprehensive picture of the market from the global view point as well as a descriptive analysis with detailed segmentation, complete research and development history, latest news, offering a forecast and statistic in terms of revenue during the forecast period from 2021-2027. The report covers a comprehensive analysis of key segments, recent trends, competitive landscape, and key factors playing a substantial role in the market are detailed in the report. The report helps vendors and manufacturers to understand the change in the market dynamics over the years.
Get Sample Copy of this Report with the Latest Market Trend and COVID-19 Impact: https://axelreports.com/request-sample/195337
BASF DuPont Cheminova Nippon Soda Syngenta Dow Chemical
NOTE: Consumer behaviour has changed within all sectors of the society amid the COVID-19 pandemic. Industries on the other hand will have to restructure their strategies in order to adjust with the changing market requirements. This report offers you an analysis of the COVID-19 impact on the Triazole Fungicides market and will help you in strategising your business as per the new industry norms.
Report offers: 1. Insights into the intact market structure, scope, profitability, and potential. 2. Precise assessment of market size, share, demand, and sales volume. 3. Authentic estimations for revenue generation and Triazole Fungicides Market development. 4. Thorough study of Triazole Fungicides Market companies including organizational and financial status. 5. Perception of crucial market segments including, forecast study. 6. Acumen of upcoming opportunities and potential threats and risks in the market.
By Types: Propiconazole Tebuconazole Difenoconazole
The report diversifies the global geographical expanse of the market into five prominent regions as:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key Elements Discussed In The Report: The report then discusses important dynamics on the business drivers that have a major impact on the performance are given in the report. The business drivers are important to the business operations and financial results of the industry. All the drivers are determined in the research study using market analysis. The report is comprehensive coverage of the existing and potential markets along with their assessment of their competitive position in the changing market scenario. It scrutinizes in-depth global market trends and outlook coupled with the factors driving the global Triazole Fungicides market, as well as those hindering it.
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Moreover, the report throws light on the pinpoint analysis of global Triazole Fungicides market dynamics. It also measures the sustainable trends and platforms which are the basic roots behind the market growth. With the help of SWOT and Porter’s five analysis, the market has been deeply analyzed. Consumer behavior is assessed with respect to current and upcoming trends. The report takes a detailed note of the major industrial events in past years. These events include several operational business decisions, innovations, mergers, collaborations, major investments, etc.
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Myclobutanil Market Trend, Size, Growth, Opportunity Analysis and Global Industry Forecast, 2021-2028
Myclobutanil is a triazole chemical used as a fungicide. It is a steroid demethylation inhibitor, specifically inhibiting ergosterol biosynthesis. Ergosterol is a critical component of fungal cell membranes. When heated, myclobutanil decomposes to produce corrosive and/or toxic fumes such as carbon monoxide, carbon dioxide, hydrogen chloride, hydrogen cyanide, and nitrogen oxides. Myclobutanil is banned in Canada, Colorado, Washington, and Oregon for the production of marijuana. Myclobutanil is a fungicide of the conazole class (triazoles). It is abundantly used in California on table grapes, wine, strawberries, and almond crops. It has a relatively low acute toxicity rating. It is employed in greenhouses, on food crops, landscaping, turf, and public right of way areas.
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The global myclobutanil market has witnessed significant growth due to development of the pesticide industry. In addition, growth in demand from myclobutanil applications propels the growth of myclobutanil market. However, stringent government environmental regulations towards the use of myclobutanil restrains the market growth.
The global myclobutanil market is segmented based on product, application, and geography. On the basis of product, the market is categorized into 96% myclobutanil, 95% myclobutanil, 94% myclobutanil, and other grades. Applications covered in the study include fruits, vegetables, turf & ornamentals, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global market are focusing on key market strategies such as mergers, acquisitions, collaborations, and partnerships.
Some of the key players in the global market include:
Dow Agro-Sciences
Zhejiang Heben Pesticide & Chemicals
Rainbow
Jiangsu Frey Agrochemicals
Yifan Biotechnology Group
Shenyang Sciencreat Chemicals
Jiangsu Good Harvest
Dapeng Pharm
Shandong Sino Agro
Kenso
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Major countries in each region are mapped according to the individual market revenue.
The region-wise and country-wise market conditions are comprehensively analyzed.
This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
An in-depth analysis of each segment of the market is provided to assist the prevailing market opportunities.
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Fungicides Market : Global MarketAnalysis, Historic Data and Forecast 2020
Global Fungicides Market
Fungicides are the chemical compounds, which are used to kill the fungi or fungi spores in crops. Fungal infections are a major cause of crop loss and it is a massive threat for cultivation wheat, maize, rice, soybean, fruits & vegetables, and sugarcane among others. Fungicides help in the crop protection and gives the better quality products with higher yield. Fungicides are classified into either selective to cure specific fungicides or non-selective with the broad spectrum activity and show activity against multiple fungal diseases. Sulfur is the common active ingredient used in the fungicides and the most commonly used fungicides include mancozeb, prochloraz, propiconazole, and chlorothalonil among others.
ALSO READ : https://icrowdnewswire.com/2021/01/06/fungicides-industry-global-key-vendors-manufacturers-suppliers-and-analysis-market-report-2023/
Market Dynamics: Fungicides Market
Factors anticipated to drive the fungicides market are increase in the demand for crop protection for better yields, increase in global population coupled with increase in the demand for food, and growing use of fungicides due to rise in incidence of fungal infections. Moreover, development in novel farming practices, shrinkage in arable land, and innovation and launching of newer products into market are expected to propel the fungicides market revenue over the forecast period. However, technological advancements in the seeds, use of genetically modified crops, adverse effects associated with the fungicides, and lack of awareness about the fungal infections in farmers might hamper the growth of the fungicides market over the forecast period.
ALSO READ : http://www.marketwatch.com/story/residential-elevators-market-2021-industry-size-share-price-trend-and-forecast-to-2026-2021-01-29
Market Scope: Fungicides Market
Fungicides market is segmented on the basis of product type, crop type, formulation type, and mode of application
Based on the product type, fungicides market is segmented into the following:
Dithiocarbamates
Chloronitriles
Triazoles
Benzimidazoles
Phenylamides
Strobilurins
Based on the crop type, fungicides market is segmented into the following:
Oilseeds and pulses
Cereals and grains
Forage crops and pastures
Others
Based on the formulation type, fungicides market is segmented into the following:
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Water-dispersible granules
Liquid
Wettable granules
Based on the mode of application, fungicides market is segmented into the following:
Soil treatment
Seed treatment
Foliar spray
Post-harvest
Market Summary: Fungicides Market
Fungicides market is growing moderate rate over the forecast period due to advancements in the seed technology, which might lag the revenue growth of fungicides market. Farmers are majorly focusing to improve the crop yield due to rise in global population coupled with decrease in arable land. Various agriculture institutes and governments around the globe are taking initiation to create awareness about fungicides usage for crop protection. Moreover, increase in the sale of ornamental plants for outdoor and indoor applications due to increase in the urbanization also expected to fuel the fungicides market. In addition, acquisitions and mergers, collaborations, product approvals, and product launchings are the strategies followed by the companies for increasing their revenue share in fungicides market. For instance, in April 2014, Sumitomo Corporation acquired crop protection fungicide Metominostorbin, a broad-spectrum systemic fungicide from Bayer Crop Science Japan. Furthermore, in September 2015, Dupont received EPA approval for the oxathiapiproline, a fungicide used in fruits and vegetable crops marketed under the trade name of Zorvec.
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Regional Analysis: Fungicides Market
Geographically, fungicides market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America fungicides market expected to grow moderately over the forecast period, which is attributed to ban of fungicides by FDA (FDA banned carbendazim due to severe adverse effects such as sterility and cancer in human beings). Rise in R&D for innovation of newer fungicides, frequent product approvals from U.S EPA, and rise in demand for quality food products are anticipated to fuel the fungicides market in North America region. Europe fungicides market occupied significant share in global market due to development in the farming techniques, increase in the focus on quality products with better yield, and high adoption of newer products in the region. Asia Pacific fungicides market exhibiting significant growth due to increase in production and supplying of fungicides from Asia Pacific region majorly from China, increase in demand for food products and decrease in arable land due to increased population, and high dependence on agriculture farming.
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Captan Fungicide Market-Outlook On Emerging Application, Latest Trends
Captan Fungicide Market Overview
Captan fungicide is a white or pale yellowish brown-coloured compound and a fungicide which belongs to the class of Phthalimide with a pungent smell. Captan fungicide is generally used as a pesticide as well as mixed with other components to form a pesticide mixture with better effectiveness. Increasing number of agricultural activities has fuelled the demand for captan fungicides in the Asia-Pacific region. Crops become disease-prone when they are subjected to drastic climatic changes. These climatic changes which in turn have fuelled the demand for fungicides for crop protection application in North America. The fungicides market is projected to grow at a CAGR around 4.9 % CAGR by 2030.
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Asia pacific dominates the captan fungicide market in 2020 followed by North America. Countries like China, India, Japan, Brazil offers growth opportunities in next coming years. Captan fungicides are highly used for destroying harmful fungi affecting the crop yield. Need for captan fungicides to minimize crop loss will anticipate demand across the globe.
Market Scope/Demand of Captan Fungicide
Captan fungicide is protective and curative against diseases such as white rot, black rot, bitter rot and blossom end rot, occurring on apples. More than half of the apple orchids in the U.S. are treated with captan fungicides. Captan fungicide is also extensively used in the cultivation of almonds and strawberries. Captan fungicide is applied in packaging boxes to prevent the fruits and vegetables from rotting while transportation. The growth in population and the consequent rise in demand for food materials have led to an increase in the need for crop protection chemicals, thereby increasing the demand for innovative captan fungicides solutions across regions. Biological segment is projected to be the fastest-growing segment in the captan fungicides market during the forecast period. Biological fungicides market is projected to grow at a higher CAGR from 2020 to 2030.
Captan Fungicide Market Global Outlook & Segmentation
Asia-Pacific region is leading in terms of growth rate and North America with regards to consumption. Europe farmers are opting fungicides over other products such as herbicides and insecticides as fungicides are comparatively cheaper than the latter agrochemicals. Captan fungicide market can be segmented on various type regarding the overview of whole fungicide industry. India produced tremendous quantity of wheat and rice along with dry fruit, sugarcane, cotton, and pulses. Increase in awareness among farmers regarding the utilization of fungicides to control diseases of the cereal crops have contributed to the growth of captan fungicide market in the Asia-Pacific region.
On the basis of type market is segmented as:
Chemical
Biological
Triazoles
Strobilurins
Dithiocarbamates
Chloronitriles
Phenylamides
Microbial
Botanical
On the basis of crop type market is segmented as:
Cereals & grains
Oilseeds & pulses
Fruits & vegetables
Corn
Wheat
Rice
Other cereals & grains
Soybean
Cotton
Other oilseeds & pulses
Apple
Pears
Cucumber
Potatoes
Captan Fungicide can also be segmented into various regions according to the growth of sales in region, market share in region, No. of dominants companies in the region. Based on geography the global fungicide market spreads in multiple countries mainly – North America (U.S., Canada), Latin America (Mexico, Brazil, Argentina, Chile, Peru), Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Russia), East Asia (China, Japan and South Korea), South Asia (India, Thailand, Indonesia, Malaysia) etc .North America is expected to dominate the Captan Fungicide Market in future due to the increase in demand of food security , advancement in farming techniques .
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Captan Fungicide Key Market Players / Competitive Analysis
Captan Fungicide market covers the in depth information of the major competitors available in fungicide industry which also covers the dominant part of market .Some of the key players are :- Adama Ltd., BASF SE, Bayer AG, FMC Corporation, Corteva Inc., Novo Nordisk AG, Nufarm Ltd., Sumitomo Chemical Company, Syngenta AG, and Tata Chemicals Ltd.
Different key players in captan fungicide market is adopting different strategies like: – Product launched, Partnership, Acquisition, Continuous Product Development to survive the market.
Adama and Netherlands based Ceradis B.V. entered into an R&D agreement to develop new, innovative, and sustainable crop protection. Agreement’s goal is to deliver new crop protection products to farmers with similar or better efficiency rates.
BASF have launched two new captan fungicides for the turf market named Maxtima and Navicon.The new product helped BASF to reinforce its presence in the global fungicides market.
The research report presents a comprehensive assessment of the Captan Fungicide and contains thoughtful insights, facts, and historical data, as well as statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Captan Fungicide research report provides analysis and information according to Probiotic market segments such as geography, product type, and end-use industry.
The Captan Fungicide market report covers exhaustive analysis on:
Captan Fungicide Segments
Captan Fungicide Dynamics
Captan Fungicide Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
The Captan Fungicide report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Captan Fungicide attractiveness as per segments.
The report also maps the qualitative impact of various market factors Captan Fungicide segments and geographies.
Captan Fungicide Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and Products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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Fungicides Market Forecast Report 2020 – 2027 – Top Key Players Analysis
The market mainly elaborates the definitions, classifications, market overview, and the industry chain analysis. The report also covers market size, share, trends, and growth analysis on the basis of different parameters. It profoundly displays the current market investigation situation and the upcoming situation in the coming years.
Key Drivers of the Fungicides Market:
Rising demand for high-value crops, growing crop diseases, and the launch of novel fungicide products are certain factors boosting the growth of the fungicides market. It has been observed that more than 15% of staple crops that offers almost half of the calorie intake. Shifting climate conditions is one of the important reasons which impacts plants in agricultural and natural ecosystems. Plant disease management faces various challenges worldwide due to land competition in fertile areas, the exhaustion of marginally arable lands, increasing demand for diverse foods, increased risk of epidemics, and depletion of natural resources. To meet the increasing demand of the population, farmers worldwide have started adopting fungicides for the crop, as the treated plants more efficient in photosynthesis than untreated ones. In addition to this, the increasing number of crop diseases is rising the adoption of fungicides, which is further propelling the growth of the fungicides market size.
On the other hand, it has been observed that the rising usage of fungicides in plants has developed resistance for the chemicals among fungus. Many times, fungicides cannot prevent plants owing to the high resistance of some fungus, which will hamper the growth of the global fungicides market.
Top list of key players in the Fungicides Market:
· BASF SE
· Bayer AG
· Corteva, Inc.
· Syngenta AG
· FMC Corporation
· UPL Ltd
· Nippon Soda Co., Ltd.
· Sumitomo Chemical Co., Ltd.
· Isagro Spa
· Nufarm Agriculture Inc.
Segmentation of the Fungicides Market:
The report covers all the regions and countries of the world, which shows a regional development status, including the market size, volume, and value, as well as price data. Besides, the report also covers various segment data of the market.
Breakup by Type:
· Biological
o Microbials
o Botanicals
· Chemical
o Triazoles
o Dithicarbamates
o Strobilurins
o Phenylamides
o Chloronitriles
o Others
Breakup by Crop:
· Cereals & Grains
o Corn
o Wheat
o Rice
o Others
· Oilseeds & Pulses
o Soyabean
o Cotton
o Others
· Fruits & Vegetables
o Apples
o Pears
o Grapes
o Cucumbers
o Potatoes
o Others
· Others
Breakup by Application:
· Foliar Spray
· Chemigation
· Seed Treatment
· Soil Treatment
· Post-Harvest
Breakup by Mode of Action:
· Contact
· Systemic
Breakup by Active Form:
· Liquid
· Dry
Breakup by Region:
· North America
o United States of America
o Canada
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
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Fungicides Market Strategic Insights and key Business Influencing Factors | Major Players – Bayer AG, FMC Corporation, ADAMA India Private Limited, Nufarm Limited.
Fungicides 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.
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.
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Competitive Analysis: Global Fungicides Market
Some of the major players operating in the global fungicide market are 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 among others.
Key Pointers Covered in the Global Fungicides Market Trends and Forecast to 2026
Global Fungicides Market New Sales Volumes
Global Fungicides Market Replacement Sales Volumes
Global Fungicides Market Installed Base
Global Fungicides Market By Brands
Global Fungicides Market Size
Global Fungicides Market Procedure Volumes
Global Fungicides Market Product Price Analysis
Global Fungicides Market Healthcare Outcomes
Global Fungicides Market Cost of Care Analysis
Global Fungicides Market Regulatory Framework and Changes
Global Fungicides Market Prices and Reimbursement Analysis
Global Fungicides Market Shares in Different Regions
Recent Developments for Global Fungicides Market Competitors
Global Fungicides Market Upcoming Applications
Global Fungicides Market Innovators Study
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Market Segmentation: Global Fungicides Market
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.
Scope of the Fungicides Market
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
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.
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.
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Key insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key Market players involved in this industry
Detailed analysis of the Market Segmentation
Competitive analysis of the key players involved
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#Fungicides Market#Fungicides Market share#Fungicides Market size#Fungicides Market trends#Fungicides Market news#Fungicides Market report#Fungicides Market growth
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Myclobutanil Market Global Industry Analysis, size, share and Forecast 2018 to 2025
Myclobutanil is a triazole chemical used as a fungicide. It is a steroid demethylation inhibitor, specifically inhibiting ergosterol biosynthesis. Ergosterol is a critical component of fungal cell membranes. When heated, myclobutanil decomposes to produce corrosive and/or toxic fumes such as carbon monoxide, carbon dioxide, hydrogen chloride, hydrogen cyanide, and nitrogen oxides. Myclobutanil is banned in Canada, Colorado, Washington, and Oregon for the production of marijuana. Myclobutanil is a fungicide of the conazole class (triazoles). It is abundantly used in California on table grapes, wine, strawberries, and almond crops. It has a relatively low acute toxicity rating. It is employed in greenhouses, on food crops, landscaping, turf, and public right of way areas.
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The global myclobutanil market has witnessed significant growth due to development of the pesticide industry. In addition, growth in demand from myclobutanil applications propels the growth of myclobutanil market. However, stringent government environmental regulations towards the use of myclobutanil restrains the market growth.
Major Players:
Dow AgroSciences
Zhejiang Heben Pesticide & Chemicals
Rainbow
Jiangsu Frey Agrochemicals
Yifan Biotechnology Group
Shenyang Sciencreat Chemicals
Jiangsu Good Harvest
Dapeng Pharm
Shandong Sino Agro
Kenso
The global myclobutanil market is segmented based on product, application, and geography. On the basis of product, the market is categorized into 96% myclobutanil, 95% myclobutanil, 94% myclobutanil, and other grades. Applications covered in the study include fruits, vegetables, turf & ornamentals, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist to identify the prevailing market opportunities.
Major countries in each region are mapped according to the individual market revenue.
The region-wise and country-wise market conditions are comprehensively analyzed.
This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
An in-depth analysis of each segment of the market is provided to assist the prevailing market opportunities.
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Fungicides Market Research Report Analysis
Fungicides Market
Growth opportunities in the Fungicides Market look promising over the next six years. This is mainly due to their increasing prominence among farmers to improve the quality of crops and to control the parasitic fungi causing crop and health hazards.
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Fungicides Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The augmenting demand for exquisite crops, increasing crop infection, and the launch of new fungicide products are some of the prominent drivers stimulating the growth of the global fungicides market. Also, as per the fungicides market analysis, it has been witnessed that over 15% of staple crops provide nearly half of the calorie intake. Also, climate change accounts to be the main reason influencing plants in natural and agricultural ecosystems. Plant disease management is undergoing enormous challenges because of the depletion of marginally fertile lands, mounting demand for various foods to support the rising population, the competition of land in productive areas, and the surged threat of an epidemic. To serve the accelerating population's demand, farmers are adopting fungicides for the crop to treat plants. The treated plants are more effective in photosynthesis than untreated ones. Thus, the growing crop diseases are supplementing the adoption of fungicides, which is further strengthening the fungicides market size. However, their expanding implication in plants has developed resilience against the chemicals among fungus, due to which these fungicides cannot protect plants. Thus, the high resistance of some fungus might hamper the market growth.
Application Segment Drivers
On the basis of application, the market is segmented into chemigation, seed treatment, foliar spray, soil treatment, and post-harvest. Among these, the post-harvest is projected to expand at a faster CAGR during the forecast period. The prevalence of minor injuries during traveling, packaging, and handling the items brings out several challenges for the fruits and vegetables or crops. These wounds become pervasive areas for fungicides; thereby, in order to evade such harmful events, farmers prefer to apply these fungicides post-harvesting.
Regional Drivers
Based on regional coverage, Asia Pacific is expected to lead the market over the forecast period. This is primarily attributed to the aggravating emphasis of the government to intensify the production and quality of crops. Moreover, the soaring demand for food products led by the growing population further fuels the market share.
Fungicides Market’s leading Manufacturers:
· Nufarm Agriculture Inc.
· Sumitomo Chemical Co., Ltd
· UPL Ltd
· Syngenta AG
· Bayer AG
· Isagro Spa
· Nippon Soda Co., Ltd.
· FMC Corporation
· Corteva, Inc.
· BASF SE
Fungicides Market Segmentation:
Segmentation by Type
· Biological
o Microbials
o Botanicals
· Chemical
o Triazoles
o Dithicarbamates
o Strobilurins
o Phenylamides
o Chloronitriles
o Others
Segmentation by Crop
· Cereals & Grains
o Corn
o Wheat
o Rice
o Others
· Oilseeds & Pulses
o Soyabean
o Cotton
o Others
· Fruits & Vegetables
o Apples
o Pears
o Grapes
o Cucumbers
o Potatoes
o Others
o Others
Segmentation by Mode of Application
· Foliar Spray
· Chemigation
· Seed Treatment
· Soil Treatment
· Post-Harvest
Segmentation by Mode of Action
· Contact
· Systemic
Segmentation by Active Form
· Liquid
· Dry
Segmentation by Region:
· North America
o United States of America
o Canada
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
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