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Comprehensive analysis of the drivers and restraints that affect the market growth are provided. The report provides quantitative analysis of the current trends and future estimations from 2014 to 2022 to assist the stakeholders identify prevalent market opportunities. Top investment pockets highlight the opportunity in the most lucrative product segment. Key players of the market are profiled and their strategies are analyzed to identify the global competitive outlook.<br>
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Fungicides Market is Expected to Reach $16.2 Billion, Globally, by 2020 Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2014-2022
Fungicides Market “Among different crop types, fungicide is majorly used in fruits and vegetables globally, contributing to more than 35% market share during the forecast period (2013 - 2020). Fruits and vegetables producing plants require round the year protection from acute fungal infection. Another crop type, namely, cereals and grains are prone to have seed borne diseases such as bunts and smuts. Globally, both in furrow and seed dressing, fungicide are used in significant quantity to provide plant protection to cereals and grains. Fungicides are also moderately used in controlling fungal diseases such as growing light leaf spot problem in oilseeds and pulses.”
Fungicides Market Overview Fungicides Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $16.2 billion by 2020, registering a CAGR of 5.4% during the period 2014-202.High growth segments such as Triazole and Strobilurin are expected to contribute substantially to the growth of the overall global fungicide market. Access Full Summary at : https://www.alliedmarketresearch.com/fungicides-market Triazole, with its preventive and post infection curative property has higher consumption as compared to other fungicides available globally. Strobilurin is another fungicide which has wide adoption due to its translaminar capability and ability to treat broad array of plant pathogens.
Fungicides Market Rapid rising demand for fruits and vegetables, led by changing dietary patterns, is expected to drive demand for fungicides over the forecast period. Moreover, escalating food security concerns along with the rapidly declining arable land are forecast to boost growth the global fungicides market in the near future. Additionally, rising demand for fungicides in non-crop applications such as ornamental plants and turf is projected to fuel the market growth throughout the forecast period. Besides, increasing awareness regarding the benefits of fungicides among farmers across the globe is estimated to put forth lucrative opportunity for the market players existing in the global fungicides market during the forecast period.
Fungicides Market Key Players Monsanto, E.I Du Pont de Numerous and Company, Nufarm Ltd., Adama Agricultural Solutions Ltd., FMC Corporation, Cheminova A/S, Syngenta AG, Bayer AG, BASF SE and DOW Agroscience LLC are some of the key market players in the market. Companies are focusing on new product launch to enhance their market share, For instance, in 2014, Cheminova Inc. launched a fungicide under the brand name ‘Equation’. Other players in the value chain (not profiled in the report) include United Phosphorus Ltd., Sumitomo Chemical, Nippon Soda Co. Ltd., Chemtura Corporation, and Lanxess AG among others.
Key Benefits of Fungicides Market • Comprehensive analysis of the drivers and restraints that affect the market growth are provided. The report provides quantitative analysis of the current trends and future estimations from 2014 to 2022 to assist the stakeholders identify prevalent market opportunities. Top investment pockets highlight the opportunity in the most lucrative product segment. Key players of the market are profiled and their strategies are analyzed to identify the global competitive outlook. Market trends of major countries in each region are mapped according to the projected revenue. • • • •
Fungicides Market North America Europe Asia-Pacific LAMEA
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