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Nematicide Market Size, Share, Trends, Growth Opportunities, and Leading Players

The nematicide market is projected to reach USD 3.0 billion by 2027, recording a CAGR of 9.9% during the forecast period. The global industry is estimated to be valued at USD 1.9 billion in 2022.

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Nematicide Market Size, Share, Trends, Growth Opportunities, and Leading Players

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  1. NematicideMarketSize,Share,Trends,GrowthOpportunities,andLeadingPlayersNematicideMarketSize,Share,Trends,GrowthOpportunities,andLeadingPlayers Thenematicide marketisprojectedtoreachUSD3.0billionby2027,recordingaCAGRof9.9%duringtheforecastperiod.TheglobalindustryisestimatedtobevaluedatUSD1.9billionin2022.Nematodesarenon-segmented,bilaterallysymmetricworm-likeinvertebratesthatlackrespiratoryandcirculatorysystemsbuthaveabodycavityandafullyfunctionaldigestivesystem.Itisdifficulttocreatechemicalcountermeasuresagainstwormsthatinfestsplants.Itischallengingtoadministerachemicaltoanematode’simmediatesurroundingssincemostPhyto-parasiticnematodesspendtheirwholelivesisolatedtothesoilorinsideplantroots.

  2. Thenematicidesmarketiswitnessinghighgrowthbecauseofincreasingdemandinthedevelopingcountries,easyavailabilityofcropprotectionproducts,growingareaunderhigh-valuecashcropssuchasfruits&vegetables,aswellasrisedemandforfoodproductsonaccountofincreasingpopulation.Thenematicidesmarketiswitnessinghighgrowthbecauseofincreasingdemandinthedevelopingcountries,easyavailabilityofcropprotectionproducts,growingareaunderhigh-valuecashcropssuchasfruits&vegetables,aswellasrisedemandforfoodproductsonaccountofincreasingpopulation. Severalchemicalsandmechanical&biologicalmeasureswereexploredtocontrolthegrowingnematodepopulation,globally.VariouschemicalformulationsareregisteredundertheUSEnvironmentalProtectionAgency(USEPA)forapplicationinthecommercialandagriculturesectors.Duetotheincreasingconcernsassociatedwithchemicalmethodsovertheyears,theadventofbiologicalnematicideproductshaspresentednumerousbenefitssuchas,biologicalstypicallydonotlingerintheenvironment.Sincetheyrapidlydegrade,possibleharmfulexposurerisktohumansandtheenvironmentisreduced.BiologicalproductsareoftenexemptedfromMaximumResidueLimits(MRLs)— helpingtoimprovetheglobalmarketabilityofcropstreatedwithbiologicals,owingtowhich,biologicalsarepreferredovertheirchemicalcounterpartsinNorthAmericanandEuropeanregions. Nematicide Market Trends Herearesomerecenttrendsinthenematicidemarket: 1.GrowingDemandforOrganicSolutions:Withincreasingconcernsaboutchemicalresiduesinfoodandenvironmentalimpact,there’sanotableshifttowardsorganicnematicides.Consumersareseekingsaferand

  3. environmentallyfriendlyoptions,drivingthegrowthoforganicnematicidesinthemarket.environmentallyfriendlyoptions,drivingthegrowthoforganicnematicidesinthemarket. BiologicalNematicidesontheRise:Biologicalnematicides,derivedfromnaturalsourcessuchasbacteria,fungi,andplantextracts,aregainingtraction.Theyoffereffectivecontrolofnematodeswhilebeinglessharmfultobeneficialorganismsandtheenvironment.Thistrendalignswiththeoverallmovementtowardssustainableagriculturepractices. InnovationsinFormulations:Manufacturersareinvestinginresearchanddevelopmenttocreatemoreefficientandtargetedformulations.Thisincludesmicroencapsulationtechnologiestoimprovethedeliveryandlongevityofactiveingredients,aswellasnovelapplicationmethodstoenhanceefficacyandreduceenvironmentalimpact. 4.IntegratedPestManagementApproaches:Integratedpestmanagementwhichcombinevariouscontrolmethods (IPM) strategies,including biological,cultural,andchemicalmeasures,arebecomingmoreprevalent.NematicidesarebeingusedaspartofcomprehensiveIPMprogramstomanagenematodepopulationssustainablyandeffectively. 5.RegulatoryChangesandCompliance:Stringentregulationsregardingtheuseofchemicalnematicidesareinfluencingthemarketdynamics.Manufacturersarefacing

  4. pressuretodevelopproductsthatmeetregulatoryrequirementswhilemaintainingefficacy.Thishasledtothephasingoutorrestrictionofcertainchemicalnematicidesandtheintroductionofnewactiveingredientswithimprovedsafetyprofiles.pressuretodevelopproductsthatmeetregulatoryrequirementswhilemaintainingefficacy.Thishasledtothephasingoutorrestrictionofcertainchemicalnematicidesandtheintroductionofnewactiveingredientswithimprovedsafetyprofiles. IncreasedAdoptioninDevelopingRegions:Growingawarenessabouttheeconomicimpactofnematodedamageoncropyieldsisdrivingtheadoptionofnematicidesindevelopingregions.Farmersarerecognizingtheimportanceofnematodemanagementpracticestoensuresustainableagriculturalproductivity,fuelingdemandfornematicideproducts. FocusonPrecisionAgriculture:Precisionagriculturetechnologies,suchassoilsensorsandremotesensingtools,arebeingintegratedwithnematicideapplicationpracticestooptimizeusageandminimizeover-application.Thisallowsfortargetedtreatmentofaffectedareas,reducingoverallusageandenvironmentalimpactwhilemaximizingefficacy. Nematicide Market Opportunities: Providing customized solutions targeted toward specific pests Withthegrowingenvironmentalandpollutionconcernsandhealthhazardsfrommanyconventionalagrochemicals,thedemandfornaturalbiologicalsisrisingsteadilyacrossregions.Customersarewitnessingahighdemandfornewbiologicalproductssuchasbionematicidestouseagainstnematodesonstandingcrops,whichcausecropdamages,therebyreducingtheoverallfarmyieldand

  5. quality.Onesuchinnovativemethodisseedtreatment,whichisgainingtractionduetoitslessornon-toxicnature,reducedcostofcultivation,andfavourableeffectontheyieldandqualityofcrops.Moreover,seedtreatmentistargetedtowardthedesiredpestsandimproveefficiencyinnutrientuptake.quality.Onesuchinnovativemethodisseedtreatment,whichisgainingtractionduetoitslessornon-toxicnature,reducedcostofcultivation,andfavourableeffectontheyieldandqualityofcrops.Moreover,seedtreatmentistargetedtowardthedesiredpestsandimproveefficiencyinnutrientuptake. Theuseofbiologicalsandrelatedalternativemanagementproductsisincreasing.R&Dteamsofmajorglobalplayersarealsoengagedindiscoveringtarget-specificinnovativeproductsbyusingbiologicalinsecticides,whichpromoteorganicagriculture.Forinstance,CropIQTechnologyannouncedthereleaseofNEMA-DEADin2018,theworld’sfirstorganicnematicidecombiningchemicalsandnaturalnematicidesinasingleformula.NEMA-DEADistherapeuticlikechemicalnematicidesandpreventivelikebiologicalnematicides,withnoresiduals.Itdoesnotproducestressontreatedplantsandcontainsbiostimulantsthathelpwoundedbio-stimulantsbioticchallenges. Similarly,Zelto,abiologicalnematicidedevelopedbyMarroneBioInnovations,isbasedonanon-livingbacteriumthatprovidegrassprotectionbyemployingarevolutionarymethodofactionforsafelyreducinginsectpeststhatdestroyturfs,suchaschinchbugs,weevils,andcaterpillars.Also,somebiologicalinsecticides,suchasbacteria,fungi,andothermicroorganisms,areusedinresearchexperimentstoinventnewbiologicalproducts.

  6. RequestSamplePages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=193252005RequestSamplePages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=193252005 North America dominated the nematicide market, with a value of USD 0.54 billion in 2021; it is projected to reach USD 0.91 billion by 2027, at a CAGR of 9.4 % during the forecast period. TheUSisoneofthelargestsoybeanproducersanditsby-productsandcontributestoasignificantshareintheoilseedsmarket.Whileamajorportionofthedemandforoilseedsisfromthefoodandfeedindustries,theregulatoryframeworkforthebiofuelsectorofMexicohasbeenchanging.Thescopeforoilseedsinthebiofuelsectorisalsochanging.Canadahasbeenexperiencingahighdemandforgrains,stemmingfromthelivestockindustry.Thecountriesarenotself-sufficiententirelyanddependonimportsfromtheSouthAmericancountriessuchasBrazilandArgentina. ThemarketforbionematicideshasbeengrowingintheNorthAmericancountriessuchastheUSandMexico;companieshavebeenfocusingontheintroductionofmicroorganismsthatcanbeusedasbionematicides.Forinstance,Syngenta(Switzerland)introducedTYMIRIUMtechnologyplatformbrandin2020.Itisarevolutionarynematicideandfungicidetechnologythatisbeing developedforbothseedandtechnology,whichisbased soilapplications.ontheactive TYMIRIUM component cyclobutrifluram,provideslong-termprotectionagainstawiderangeofnematodepestsandillnessesacrossallmajorcropsandgeographies.

  7. AccordingtotheUSDistrictCourtreport,2021fortheColumbiaBayer(Germany)hasamonopolyinnematicideseedtreatmentforcornandforsoybean.AccordingtotheUSDistrictCourtreport,2021fortheColumbiaBayer(Germany)hasamonopolyinnematicideseedtreatmentforcornandforsoybean. Nematicide Market Share BASFSE(Germany) Isagros.p.a(Italy) CORTEVAAGRISCIENCE(US) SYNGENTAAG(Switzerland) BAYERAG(Germany) UPLLIMITED(India) Americanvanguardcorporation(US) Nufarm(Australia) FMCCORPORATION(US) Chr.Hansen(Denmark) ADAMAagriculturalsolutionsltd(Israel) MARRONEBIOINNOVATIONS(US) VALENTBIOSCIENCESLLC(US) CERTISbiologicals(US) Key Questions Addressed by the Nematicide Market Report:

  8. Whichregionisprojectedtoaccountforthelargestshareintheglobalnematicidemarket?Whichregionisprojectedtoaccountforthelargestshareintheglobalnematicidemarket? Whatisthecurrentsizeoftheglobalnematicidemarket? Whicharethekeyplayersinthemarket,andhowintenseisthecompetition? Whatisanematicide? Whatarethemajorfactorsdrivingthegrowthofthenematicidemarket? Whatarethemajorchallengesfacingthenematicidemarket? DownloadPDFBrochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193252005 Nematicide Market Segmentation Thisresearchreportcategorizesthenematicidesmarket,basedontype,formulation,croptype,modeofapplication,nematodetype,andregion ByType Chemical Fumigants

  9. Organophosphates Carbamates Othertypes(acetoprole,benclothiaz,DBCP,andchitosan) ByFormulation Granular Liquid OtherFormulations ByNematodeType Root-KnotNematodes CystNematodes LesionNematodes OtherNematodeTypes(stubby-rootnematodesandstemnematodes) ByRegion: NorthAmerica Europe AsiaPacific

  10. SouthAmerica RestOftheWorld(Row) ByModeofApplication: Drenching SoilDressing SeedTreatment Fumigation OtherModeofApplication(drippingandsprinklers) Get10%FreeCustomizationonthisReport:https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=193252005

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