The Global Fungicide Market was estimated at USD 19.61 billion in 2021, and is projected to reach USD 26.33 billion by 2028, growing at a CAGR of 4.3% over the analysis period.
Fungicides are the type of pesticides that are widely used to kill fungi and fungi spores, control rust, mildews and blights and to prevent crop against 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 & vegetable crops, as they help in improving the crop quality and yield. Growing prevalence of various harmful crop diseases, changes in environmental condition, rising health concerns among the farmers and increasing awareness regarding the benefits of using fungicides are most likely to drive the market growth of fungicides.
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Key Prominent Players In The Fungicides Market:
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.
Market segmentation
The Fungicides market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
Fungicides Market Segment by Types, Estimates, and Forecast by 2028
Chemical, Biological
Fungicides Market Segment by Applications, Estimates, and Forecast by 2028
Seed treatment, Foliar spray, Soil treatment, Post-harvest
Regional Analysis for COVID-19 Outbreak-Global Fungicides Market:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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The report answers such questions as:
- What is the market size for Fungicides and its forecast?
- What are the limiting factors and the impact of COVID-19 in shaping the Global Fungicides Market?
- Which products/segments/applications/areas to invest in over the Global Fungicides Market forecast period?
- What is the Global Fungicides Market’s strategic competitive window for new opportunities?
- What technology trends are there in the Global Fungicides Market?
- What is the market size of the most prominent vendors in the Global Fungicides Marketplace?
- What strategic moves and methods are appropriate for entry into the Global Fungicides Market?
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