CRI market research report

Fungicides Market Research Report—Forecast till 2028

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The fungicides market is projected to enroll a CAGR of 4.24% and arrive at a worth of USD 23,898.02 million by 2028.

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Fungicides Market Research Report—Forecast till 2028

Market Overview

Fungicides are utilized to restrain or kill the development of parasites. Sicknesses, for example, fine molds, grain stem illnesses, rusts, mucks, leaf spot infections, late curse/wool buildup, rice sicknesses, organic product decays, and cereal seed-borne sicknesses, among others can be controlled with fungicides. They are likewise used to control numerous postharvest illnesses. Parasites can cause diminished yield and nature of the farming. Fungicides harm the parasitic cell layers or slow down energy creation inside contagious cells. The interest in fungicides is expanding quickly throughout the course of recent years across the globe. The expanding pervasiveness of parasitic sicknesses in horticulture is expected to go about as a significant market driver during the gauge time frame. Item advancement is expected to set out freedom for market players working in the fungicides market. Notwithstanding, gambles related to fungicides are expected to limit the development of the worldwide market during the conjectured time frame.
The fungicides market is projected to enroll a CAGR of 4.24% and arrive at a worth of USD 23,898.02 million by 2028. The worldwide fungicides market is supposed to enroll an eminent development rate during the figure time frame. The rising predominance of parasitic infections, expanding need to lessen crop misfortune, and developing reception of natural cultivating are the main considerations for the rising development of the worldwide fungicides market. Moreover, expanding item advancements gives potential learning experiences to the market for the gauge time frame. Nonetheless, gambles related to fungicides are hampering the development of the market.

Segment Overview

In view of type, the worldwide fungicides market has been portioned into chemical fungicides and bio fungicides. The chemical fungicides fragment is additionally divided into benzimidazoles, dithiocarbamates, triazoles, phenylamine, and others.
In view of crop type, the worldwide fungicides market has been portioned into cereals and grains, oilseeds and heartbeats, organic products and vegetables, and others.
In view of the method of application, the worldwide fungicides market has been portioned into foliar, soil treatment, Fungicides, and others.

Regional Analysis

The Asia-Pacific fungicides market represented a 30.48% portion of the worldwide fungicides market in 2020 and is projected to display the most noteworthy development pace of 4.70% during the estimated time frame. China and India are significant makers of natural products, vegetables, and oats around the world, adding to the development of the fungicides market in Asia-Pacific.
North America is assessed to develop with a fair pace of 4.05% by 2028, inferable from the constriction in utilization from the US. This constriction means a mix of low global costs for most yields and troublesome weather patterns in key rural and compost-consuming regions. In any case, the interest is expected to recuperate in the close to term, assuming a re-visitation of standard meteorological circumstances and the extension of grain regions inside the district. Also, high populace densities and worries about food security, and the developing requirement for better field efficiency will basically drive the fungicides market soon.

Major Players

The key players in the global fungicides market are Sumitomo Chemical Co., Ltd (Japan), ADAMA Agricultural Solutions Ltd (China), BASF SE (Germany), Corteva, Inc. (US), Nufarm Limited (Australia), Bayer AG (Germany), Nippon Soda Co. Ltd (Japan), Syngenta AG (Switzerland), FMC Corporation (US), and American Vanguard Corporation (US).

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENTS 1 EXECUTIVE SUMMARY 14 1.1 MARKET ATTRACTIVENESS ANALYSIS 15 1.1.1 GLOBAL FUNGICIDES MARKET, BY TYPE 16 1.1.2 GLOBAL FUNGICIDES MARKET, MODE OF APPLICATION 17 1.1.3 GLOBAL FUNGICIDES MARKET, CROP TYPE 18 1.1.4 GLOBAL FUNGICIDES MARKET, BY REGION 19 2 MARKET INTRODUCTION 20 2.1 DEFINITION 20 2.2 SCOPE OF THE STUDY 20 2.3 RESEARCH OBJECTIVE 20 2.4 MARKET STRUCTURE 21 2.5 KEY BUYING CRITERIA 21 3 RESEARCH METHODOLOGY 22 3.1 RESEARCH PROCESS 22 3.2 PRIMARY RESEARCH 23 3.3 SECONDARY RESEARCH 24 3.4 MARKET SIZE ESTIMATION 25 3.5 FORECAST MODEL 26 3.6 LIST OF ASSUMPTIONS & LIMITATIONS 27 4 MARKET DYNAMICS 28 4.1 INTRODUCTION 28 4.2 DRIVERS 29 4.2.1 RISING PREVALENCE OF FUNGAL DISEASES 29 4.2.2 INCREASING NEED TO REDUCE CROP LOSS 29 4.2.3 GROWING ADOPTION OF ORGANIC FARMING 29 4.2.4 DRIVERS IMPACT ANALYSIS 30 4.3 RESTRAINT 30 4.3.1 RISKS ASSOCIATED WITH FUNGICIDES 30 4.3.2 RESTRAINT IMPACT ANALYSIS 31 4.4 OPPORTUNITY 31 4.4.1 PRODUCT INNOVATIONS 31 5 MARKET FACTOR ANALYSIS 32 5.1 VALUE CHAIN ANALYSIS 32 5.1.1 RESEARCH & DEVELOPMENT 33 5.1.2 RAW MATERIAL PROCUREMENT 34 5.1.3 PROCESSING 34 5.1.4 PACKAGING 34 5.2 SUPPLY CHAIN ANALYSIS 35 5.3 PORTER'S FIVE FORCES MODEL 36 5.3.1 THREAT OF NEW ENTRANTS 36 5.3.2 BARGAINING POWER OF SUPPLIERS 37 5.3.3 THREAT OF SUBSTITUTES 37 5.3.4 BARGAINING POWER OF BUYERS 37 5.3.5 RIVALRY 37 5.4 IMPACT OF THE COVID-19 OUTBREAK ON GLOBAL FUNGICIDES MARKET 38 5.4.1 SUPPLY CHAIN 38 5.4.2 SUPPLY DISRUPTION 39 6 GLOBAL FUNGICIDES MARKET, BY TYPE 41 6.1 OVERVIEW 41 6.1.1 GLOBAL FUNGICIDES MARKET ESTIMATES & FORECAST, BY TYPE, 2019–2028 42 6.2 CHEMICAL FUNGICIDES 42 6.2.1 CHEMICAL FUNGICIDES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 43 6.3 BIOFUNGICIDES 43 6.3.1 BIOFUNGICIDES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 43 7 GLOBAL FUNGICIDES MARKET, BY MODE OF APPLICATION 44 7.1 OVERVIEW 44 7.1.1 GLOBAL FUNGICIDES MARKET ESTIMATES & FORECAST, BY MODE OF APPLICATION, 2019–2028 45 7.2 SEEDS TREATMENT 45 7.2.1 SEEDS TREATMENT: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 45 7.3 SOIL TREATMENT 46 7.3.1 SOIL TREATMENT: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 46 7.4 FOLIAR 46 7.4.1 FOLIAR: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 46 7.5 OTHERS 47 7.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 47 8 GLOBAL FUNGICIDES MARKET, BY CROP TYPE 48 8.1 OVERVIEW 48 8.1.1 GLOBAL FUNGICIDES MARKET ESTIMATES & FORECAST, BY CROP TYPE, 2019–2028 49 8.2 CEREALS & GRAINS 49 8.2.1 CEREALS & GRAINS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 49   8.3 OILSEEDS & PULSES 50 8.3.1 OILSEEDS & PULSES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 50 8.4 FRUITS & VEGETABLES 50 8.4.1 FRUITS & VEGETABLES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 50 8.5 OTHERS 51 8.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 51 9 GLOBAL FUNGICIDES MARKET, BY REGION 52 9.1 OVERVIEW 52 9.2 NORTH AMERICA 54 9.2.1 US 56 9.2.2 CANADA 57 9.2.3 MEXICO 58 9.3 EUROPE 59 9.3.1 GERMANY 61 9.3.2 UK 62 9.3.3 FRANCE 63 9.3.4 ITALY 64 9.3.5 SPAIN 65 9.3.6 REST OF EUROPE 66 9.4 ASIA-PACIFIC 67 9.4.1 CHINA 69 9.4.2 JAPAN 70 9.4.3 INDIA 71 9.4.4 AUSTRALIA & NEW ZEALAND 72 9.4.5 REST OF ASIA-PACIFIC 73 9.5 REST OF THE WORLD 74 9.5.1 SOUTH AMERICA 76 9.5.2 MIDDLE EAST 77 9.5.3 AFRICA 78 10 COMPETITIVE LANDSCAPE 79 10.1 INTRODUCTION 79 10.1.1 MARKET STRATEGY ANALYSIS 79 10.2 COMPETITIVE BENCHMARKING 80 10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 80 10.3.1 TECHNOLOGY LAUNCH 80 10.3.2 ACQUISITION 81 10.3.3 PRODUCT LAUNCH 81 10.3.4 AGREEMENT 82 10.3.5 COLLABORATION 82 11 COMPANY PROFILES 83 11.1 BASF SE 83 11.1.1 COMPANY OVERVIEW 83 11.1.2 FINANCIAL OVERVIEW 83 11.1.3 PRODUCTS OFFERED 84 11.1.4 KEY DEVELOPMENTS 84 11.1.5 SWOT ANALYSIS 85 11.1.6 KEY STRATEGIES 85 11.2 BAYER AG 86 11.2.1 COMPANY OVERVIEW 86 11.2.2 FINANCIAL OVERVIEW 87 11.2.3 PRODUCTS OFFERED 88 11.2.4 KEY DEVELOPMENTS 88 11.2.5 SWOT ANALYSIS 89 11.2.6 KEY STRATEGIES 89 11.3 SUMITOMO CHEMICAL CO., LTD 90 11.3.1 COMPANY OVERVIEW 90 11.3.2 FINANCIAL OVERVIEW 90 11.3.3 PRODUCTS OFFERED 91 11.3.4 KEY DEVELOPMENTS 91 11.3.5 SWOT ANALYSIS 92 11.3.6 KEY STRATEGIES 92 11.4 ADAMA AGRICULTURAL SOLUTIONS LTD 93 11.4.1 COMPANY OVERVIEW 93 11.4.2 FINANCIAL OVERVIEW 93 11.4.3 PRODUCTS OFFERED 94 11.4.4 KEY DEVELOPMENTS 94 11.4.5 KEY STRATEGIES 94 11.5 CORTEVA INC. 95 11.5.1 COMPANY OVERVIEW 95 11.5.2 FINANCIAL OVERVIEW 96 11.5.3 PRODUCTS OFFERED 97 11.5.4 KEY DEVELOPMENTS 97 11.5.5 KEY STRATEGIES 97   11.6 NUFARM LIMITED 98 11.6.1 COMPANY OVERVIEW 98 11.6.2 FINANCIAL OVERVIEW 98 11.6.3 PRODUCTS OFFERED 99 11.6.4 KEY DEVELOPMENTS 100 11.6.5 SWOT ANALYSIS 100 11.6.6 KEY STRATEGIES 101 11.7 NIPPON SODA CO. LTD 102 11.7.1 COMPANY OVERVIEW 102 11.7.2 FINANCIAL OVERVIEW 102 11.7.3 PRODUCTS OFFERED 103 11.7.4 KEY DEVELOPMENTS 103 11.7.5 KEY STRATEGIES 103 11.8 SYNGENTA AG 104 11.8.1 COMPANY OVERVIEW 104 11.8.2 FINANCIAL OVERVIEW 104 11.8.3 PRODUCTS OFFERED 105 11.8.4 KEY DEVELOPMENTS 106 11.8.5 SWOT ANALYSIS 107 11.8.6 KEY STRATEGIES 107 11.9 FMC CORPORATION 108 11.9.1 COMPANY OVERVIEW 108 11.9.2 FINANCIAL OVERVIEW 108 11.9.3 PRODUCTS OFFERED 109 11.9.4 KEY DEVELOPMENTS 110 11.9.5 KEY STRATEGIES 110 11.10 AMERICAN VANGUARD CORPORATION 111 11.10.1 COMPANY OVERVIEW 111 11.10.2 FINANCIAL OVERVIEW 111 11.10.3 PRODUCTS OFFERED 112 11.10.4 KEY DEVELOPMENTS 112 11.10.5 KEY STRATEGIES 112 12 REFERENCES 113

Companies Mentioned

Sumitomo Chemical Co., Ltd (Japan), ADAMA Agricultural Solutions Ltd (China), BASF SE (Germany), Corteva, Inc. (US), Nufarm Limited (Australia), Bayer AG (Germany), Nippon Soda Co. Ltd (Japan), Syngenta AG (Switzerland), FMC Corporation (US), and American Vanguard Corporation (US)

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