The global fungicides market is estimated to be valued at USD 18.7 billion in 2019 and is projected to reach USD 24.5 billion by 2025, recording a CAGR of 4.6%. The growth of the fungicides market driven by the changing climatic conditions and the rising demand for high-value crops, particularly for fruits & vegetables. The development of biofungicides with least or no effect on the environment provides open opportunities for further growth of the fungicides market.
By mode of application, the post-harvest segment is projected to be the fastest-growing segment in the fungicides market during the forecast period.
Fungal infections contribute significantly to post-harvest losses in crops. The method is designed to reduce the amount of fungicides used and problems related to wastewater disposal. Fruits & vegetables are largely damaged after harvest by fungi and bacteria. Many chemicals are used as a spray or dip. Post-harvest fungicides are most frequently applied as aqueous suspensions.
Key players in the fungicides market include BASF SE (Germany), Bayer AG (Germany), Corteva, Inc. (US), Syngenta AG (Switzerland), FMC Corporation (US), UPL Ltd. (India), and ADAMA Agricultural Solutions Ltd. (Israel).
Product innovation, expansions & investments, acquisitions, agreements, collaborations, approvals, and partnerships were some of the core strengths of the leading players in the fungicides market. These strategies were adopted by the key players to increase their market presence. It also helped them diversify their businesses geographically, strengthen their distribution networks, and enhance their product portfolios.
Some of the other leading players in the fungicides market include Sumitomo Chemical Co., Ltd. (Japan), Nippon Soda Co., Ltd. (Japan), Isagro S.p.A (Italy), Nufarm (Australia), Nissan Chemical Corporation (Japan), Marrone Bio Innovations, Inc. (US), Koppert Biological Systems (Netherlands), Bioworks, Inc. (US), STK Bio-ag Technologies (Israel), Verdesian Life Sciences (US), Seipasa S.A. (Spain), Ishihara Sangyo Kaisha, Ltd. (Japan), and Nutrichem (China).
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.
Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-fungicides-marketCompetitive Analysis: Global Fungicides MarketSome 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 2026Global Fungicides Market New Sales VolumesGlobal Fungicides Market Replacement Sales VolumesGlobal Fungicides Market Installed BaseGlobal Fungicides Market By BrandsGlobal Fungicides Market SizeGlobal Fungicides Market Procedure VolumesGlobal Fungicides Market Product Price AnalysisGlobal Fungicides Market Healthcare OutcomesGlobal Fungicides Market Cost of Care AnalysisGlobal Fungicides Market Regulatory Framework and ChangesGlobal Fungicides Market Prices and Reimbursement AnalysisGlobal Fungicides Market Shares in Different RegionsRecent Developments for Global Fungicides Market CompetitorsGlobal Fungicides Market Upcoming ApplicationsGlobal Fungicides Market Innovators StudyGet Detailed TOC:https://www.databridgemarketresearch.com/toc/?dbmr=global-fungicides-marketMarket 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.
