Fungicides Market Boosting Rapidly To Reach USD 17.58 Billion by 2022

10-Oct-2018 | Zion Market Research

Some of the primary producers in the Global fungicides market comprise Adama Agricultural Solutions Ltd., BASF SE, Cheminova A/S, Monsanto, Nufarm Ltd., Bayer AG, FMC Corporation, Syngenta AG, DOW Agroscience LLC, and E. I. Du Pont de Numerous and Company among others. These players are set to bolster the development of fungicides market in the years to come.

Browse the full " Fungicides Market (Chloronitriles, Dithiocarbamates, Triazoles, Strobilurins, Benzimidazoles, Mancozeb and Others) for Fruit & Vegetables, Oilseeds & Pulses, Cereals & Grains, and Other Crops: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022" report at https://www.zionmarketresearch.com/report/fungicides-market

As per the report by Zion Market Research, global fungicides market was capitalized at USD 13.12 Billion in 2016 and is likely to cross USD 17.58 Billion in 2022, developing at a CAGR of 5.0% from 2017 to 2022.

In-Progress R&D By Government And Academic Organizations Responsible For The Development Of Global Fungicides Market

Fungicides are employed to maintain the quality and yield of the crops. This boosts the development to fungicides market. Proper employment of fungicides elevates the storage life and production of harvested produce, thereby powering the fungicides market. Fungicides have extensive usage in horticulture, agricultural, and floriculture industry producing fruits, vegetables, grains & cereals, oilseed, and flowers, flourishing the fungicides market. In addition to this, in-progress R&D by government and academic organizations are also responsible for the development of fungicides market. For example, in October 2014, the scientists from University of Exeter showed that signaling organelles act as long distance messengers in the fungi. They rapidly travel along long tube-like cells among the fungal cell nucleus and the plant-invading fungal cell tip. This study lent a helping hand in the development of fungicides market.

Global-Fungicides-Market.

Mancozeb To Quickest Developing Product Division Of The Fungicides Market In The Forecast Period

Based on the different kinds of fungicides, the global fungicides market is divided into dithiocarbamates, chloronitriles, strobilurins, triazoles, mancozeb, benzimidazoles, and others. Amongst these, mancozeb was the ruling division in fungicides market 2016 and it is also likely to be the quickest developing product division of the fungicides market in the forecast period. This development is credited to the rapid and strong increase in requirement for mancozeb, particularly from India and China. In addition to this, triazole was the second biggest leading product division in 2016 of the global fungicides market. It added up for over 20% share of the total fungicides market. It is one of the active curative components that are lengthily employed for each compound and it also has the capability of lowering production of pathogens that have a role in production of fungi sterol. Thus, it is likely to see the noteworthy growth in the fungicides market in the near future. Oilseeds & pulses, fruit & vegetables, and cereals & grains are major crop kinds of the global fungicides market. Fruit & vegetables were the most eye-catching crop kind division of the global fungicides and added up for over 40% share in 2016 of the global fungicides market size.

The global fungicides market is segmented as follows:

By Type  

  • Chloronitriles
  • Dithiocarbamates
  • Triazoles
  • Strobilurins
  • Benzimidazoles
  • Mancozeb
  • Others

By Crop 

  • Fruits & Vegetables
  • Oilseeds & Pulses
  • Cereals & Grains
  • Others

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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