24 February 2021
Visiongain has published a new report on Fungicides Market Report to 2031: By Fungicide Type (Triazoles, Strobilurins, Dithiocarbamates, Chloronitriles, Phenylamides, Microbial, Botanical, Other fungicides), By Crop Type (Cereals & grains, Oilseeds & pulses, Fruits & vegetables, Other crop types), By Application (Seed treatment, Soil treatment, Foliar spray, Chemigation, Post-harvest), By Form (Suspension concentrates (SC), Emulsifiable concentrates (EC), Soluble Liquid Flowables (SLC), Water-dispersible granules (WDG), Wettable powder (WP)) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country.
Visiongain has estimated that the total market for Fungicides would be around $xmillion in 2020 and is projected to grow at a CAGR of x% during the forecast period 2021-2031. A fungicide is a specific type of pesticide that controls fungal disease by specifically inhibiting or killing the fungus causing the disease. Not all diseases caused by fungi can be adequately controlled by fungicides. These include the vascular diseases Fusarium and Verticillium wilt. Diseases caused by other types of organisms, disorders caused by abiotic factors, and insect damage are not controlled by fungicides. Thus it is essential to first determine the cause of symptoms before applying a fungicide.
What factors could lead to an expansion of the Fungicides market?
Economics often influence the choice of fungicide and application timing. Expensive fungicides and numerous applications are used on valuable plantings that might incur substantial economic loss in the absence of treatment, such as fruit trees and golf courses. Recognizing that with some diseases crop yield is not impacted when severity is low, an economic threshold is used to determine when fungicide treatment is needed. The crop tolerance level, or damage threshold, can vary depending upon the stage of the crop development when attacked, crop management practices, location and climatic conditions.
How are you International Regulations Controlling use of Fungicides?
the two major laws governing fungicides and other pesticides in the United States are the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), and Federal Food, Drug, and Cosmetic Act (FFDCA).
FIFRA was passed by Congress in 1947. Primary responsibility for its enforcement was initially with the United States Department of Agriculture (USDA), then transferred to the EPA in 1970. The Office of Pesticide Programs of EPA is chiefly responsible for regulating pesticides today. All pesticides must be registered before they can be sold and used in the U.S. unless their active and inert ingredients are deemed sufficient low risk to not require FIFRA regulation.
What regions are the champions of Fungicides market growth?
The increasing demand for various crops in the Asia Pacific regions is projected to drive the growth of the fungicides market. The increasing agricultural practices and the requirement of high-quality agricultural produce are factors that are projected to drive the fungicides market growth in this region. Major crops produced in Asia include rice, sugar beet, fruits & vegetables, cereals, and grains. The region consumes 90% of the global rice produced. According to the FAO, the demand for rice is projected to increase by 2025, as in the majority of the Asian countries, rice consumption is expected to increase faster than the population growth. In addition, due to population growth, the demand for rice is projected to increase in the coming decades.
Leading companies and the potential for market growth
Adama Agricultural Solutions Ltd.
Novo Nordisk A/S
Sumitomo Chemical Company
Tata Chemicals Ltd.
Overall world revenue for Fungicides Market will surpass $x million in 2020, our work calculates. We predict strong revenue growth through to 2031. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How the Fungicides Market report helps you
In summary, our 500+ page report provides you with the following knowledge:
• Global Fungicides Pricing Trend Analysis
• Which are the Factors affecting prices of Fungicides Globally?
• How Fluctuations in Raw Material Costs for Fungicides Impacts Final Product Price?
• Transportation Costs Analysis of Fungicides to the Global market
• Global Inland Transportation Costs of Fungicides
• Which Fungicides Pricing Practices are Followed Globally?
• Which Pricing Methods are used in the Global Fungicides Market?
• Price Leadership in the Global Fungicides Market
• Price Comparisons of Products in the Global Fungicides Market?
• Financial Experience of Global Producers in the Fungicides Market
• Revenue forecasts to 2031 for Fungicides Market, with forecasts for Fungicide Type, Crop Type, Product Form, each forecasted at a global and regional level– discover the industry’s prospects, finding the most lucrative places for investments and revenues
The comprehensive report offers market estimation and forecast for the period ranging 2021 – 2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of Fungicides.
The Fungicides Market Report 2021-2031 report will be of value to anyone who wants to better understand the market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the industry.
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