Fungicides Market Scenario
Increasing instances of pest attack and changes in farming techniques are some of the major factors propelling the fungicides market globally. Furthermore, decline in arable land is also one of the factor augmenting the growth of fungicides market. However, lack of awareness among farmers is one of the major factor expected to hamper the global growth of the fungicides market.
Fungicides Market Segmentation
The fungicides market is segmented by Type, Crop Type, Mode of Application, Form and Geography. Various Types used in manufacturing of fungicides are Benzimidazoles, Dithiocarbamates, Phenylamides, Chloronitriles, Strobilurins, Triazoles and Others. Furthermore, the Crop Type consists of Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Other Crop Types. The Mode of Applications studied in the report are Foliar Spray, Soil Treatment, Post-Harvest and Seed Treatment. In addition, the Form comprises of Liquid Form (Emulsifiable Concentrate, Suspension Concentrate and Soluble Liquid Concentrate), Water-Dispersible Granule and Wettable Powder. Based on Geography, the Fungicides Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.
Fungicides Market by Geography
Geographically, the fungicides market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, the Asia Pacific is expected to account for the fastest market share during the forecast period. Governments of various countries in Asia Pacific intend to create awareness regarding appropriate usage of fungicide among farmers in order to increase crop yield and enhance quality of the produce. This is likely to boost the market in the Asia Pacific region over the projected period.
Fungicides Market Key Players
Some of the major players operating in the global fungicides market includes BASF SE, The DOW Chemical Company, E.I. Dupont De Nemours and Company, Sumitomo Chemical Co., Ltd., Bayer Cropscience AG, Syngenta AG, FMC Corporation, ADAMA Agricultural Solutions Ltd., Nufarm Limited and Nippon Soda Co. Ltd. These players have adopted the expansions, new product launches, agreements, acquisitions, investments, new product developments, and partnerships to enhance their position in the market.
Fungicides Market Report Key Benefits