Fungicides market is projected to reach $28.0 billion by 2027, at a CAGR of 6.1%
Fungicide is a compound to kill fungus in a way more or less without selectivity. Most of the fungicides act at the beginning and the fungicide action is obtained after a prolonged interaction with the fungus.
With the rise in global pesticide consumption and the increase in foreign direct investments in agricultural activities, the trend of investing in R&D activities to sustainable agriculture techniques has significantly boosted the use of various fungicides in the agriculture industry.
Farmers are using fungicides to protect their crops from various fungal infestations to minimize crop losses and increase overall crop yield.
Liquid form of fungicides accounted for the largest share in the global fungicide market by form type in 2021
Although with the apparent simplicity of the formulation, soluble liquids are one of the significant commercial formulation types. Some active ingredients Difenoconazole, Fludioxonil, Pydiflumetofen and Hexaconazole are dominant in the fungicides as they being water based helps in starting a development programme with a new active if the properties of the active ingredients are suitable in terms of stability and solubility. Liquid fungicides help in achieving a high active content which is required in the commercial formulations as they aid with the spray drifting. Sometimes additives are added in the formulations such as surfactants and adjuvants to aid with leaf wetting and penetration.
Liquid formulations do not pose any health or mechanical problems as dusts so, their usage is now being adopted at a global level. While applying liquid based formulants the points to considered are: usage of appropriate formulation for a particular crop and the disease outbreak, the type of nozzle to be used, the water to formulant ratio is to be considered, the pH of the solution is to be checked before spraying, checking the weather conditions as rainy season is most suitable for liquid type for formulants and additions of adjuvants (penetrant or surfactant). Bonide Liquid Copper Fungicide provided by Planet natural (providing quality natural and organic products for the home, lawn and garden) controls a large variety of plant diseases including peach leaf curl, powdery mildew, black spot, rust, anthracnose, fire blight and bacterial leaf spot. Use on vegetables, roses, fruits and turf.
Key countries constantly investing in sustainable technology in the Asia Pacific region include India, China, Japan, and Australia. A few emerging economies, mostly from East and Southeast Asia, are also growing in agricultural trade. Loss in crop production due to pathogen attacks can heavily impact the GDP of developing countries. Mainly, cultivators of fruits and vegetables are adopting fungicides in Asia Pacific, as such crops are produced in tropical and sub-tropical climates in abundance for domestic and export purposes. Therefore, Asia Pacific is projected to grow at a rapid pace in the fungicides market.
The key players in this market include BASF SE(Germany), Syngenta AG (Switzerland), Corteva Agriscience (USA), UPL Ltd. (India) and FMC Corporation (US).
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.
