Fungicides Market is the type of pesticides that are widely used to kill fungi and fungi spores, control rust, mildew, and blights, and prevent crops from 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 & and vegetable crops, as they help in improving the crop quality and yield. The growing prevalence of various harmful crop diseases, changes in environmental conditions, rising health concerns among 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 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, to ensure safe and appropriate farming practices and gain better quality yield.
Players Covered in the Fungicides Market are:
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.
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The global Fungicides Market is in-depth and offers a comprehensive analysis of the major growth determinants, the market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Fungicides Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope Weather Monitoring Solutions and Services Market, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts
Segmentation Analysis of the Fungicides Market Report:
The Fungicides Market can be segmented based on various factors to provide a comprehensive understanding of the industry. Common segmentation criteria include:
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
Intelligent Agencies Market Share Data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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Key Industry Development In The Fungicides Market
· In November 2019, ADAMA Agricultural Solutions Ltd. acquired the French-Swiss crop protection company, SFP, which is based in Switzerland. With this acquisition, SFP will increase its market presence in Europe, through ADAMA’s strong commercial network throughout the continent, which is projected to drive the growth for SFP and help it increase its presence in the region.
· In December 2019, FMC Corporation launched Rayora fungicide, which is a systemic Demethylation inhibitor (DMI) designed to prevent and cure dollar spot, while providing a layer of added protection from brown patches on turfs and green tissues.
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