Press release
Investigating Innovations and Regulations in the Chemical Fungicides Market
The chemical fungicides market size has grown strongly in recent years. It will grow from $22.67 billion in 2023 to $24.3 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to crop yield enhancement, disease resistance management, expansion of agriculture, advancements in chemical formulations, public health concerns, globalization of agriculture..
The chemical fungicides market size is expected to see strong growth in the next few years. It will grow to $31.25 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to market globalization and trade dynamics, shift towards integrated pest management (ipm), climate change impact on diseases, expansion of precision agriculture, regulatory changes and sustainability focus.. Major trends in the forecast period include biological fungicides adoption, precision application technologies, residue management concerns, integrated disease management, development of resistance management strategies..
Market Overview -
Chemical fungicides refer to the pesticides known as fungicides that work to eradicate or stop the development of fungi and their spores. They are effective against rust, mildew and other plant-damaging fungi.
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The Surge In Chemical Fungicides Market Fueled By Escalating Crop Diseases
The rising occurrence of crop diseases is expected to propel the growth of the chemical fungicide market going forward. Crop diseases refer to diseases caused by various pathogenic organisms, such as fungi, bacteria, mycoplasma, virus, viroid, nematode, or parasitic flowering plants. Chemical fungicides work to eradicate or stop the development of fungi and their spores and are effective against rust, mildew and other plant-damaging fungi, as a result, the rising occurrence of crop diseases increases the demand for the chemical fungicides market. For instance, in May 2021, according to The Proceedings of the National Academy of Sciences (PNAS), a US-based official journal of the National Academy of Sciences, the increasing food crop pests and diseases caused significant production losses worldwide, with mean losses of potatoes of 17.2% (8.1 to 21%), soybeans of 21.4% (11 to 32.4%), rice of 30.3% (24.6 to 40.9%), maize of 22.6% (19.5 to 41.4%)and wheat of 21.5% (10.1 to 28.1%). Further, The United Nations aims to reduce these losses and strives to increase food production by 60% by 2050 to feed approximately 10 billion people, as a result, chemical fertilizers support food production to meet the estimated goals. Therefore, the rising occurrence of crop diseases drives the chemical fungicide market.
Competitive Landscape -
Major companies operating in the chemical fungicides market report are BASF SE, Bayer AG, Corteva Inc, Syngenta AG, FMC Corporation, UPL Ltd., Sumitomo Chemical Co. Ltd., Nippon Soda Co. Ltd., Isagro S.p.A, Nufarm, ADAMA, Nissan Chemical Corporation, Marrone Bio Innovations Inc., Koppert Biological Systems, Bioworks Inc., STK Bio-ag Technologies, Verdesian Life Sciences, Seipasa S A, Ishihara Sangyo Kaisha Ltd., Nutrichem Co. Ltd., Certis LLC, Valent BioSciences LLC, Stockton Group, Lallemand Plant Care, Albaugh LLC, Rotam CropSciences Ltd., Sipcam Agro USA Inc., Kumiai Chemical Industry Co. Ltd., Arysta LifeScience Corporation, Heranba Industries Ltd. .
Technological Advancements In The Chemical Fungicide Market
Technological advancement is a key trend gaining popularity in the chemical fungicide market. Major companies operating in the chemical fungicide market are undergoing product innovation to strengthen their position in the chemical fungicide market. For instance, in Aug 2022, Syngenta, a Switzerland - based agrichemical company operating in chemical fungicides introduced TYMIRIUM technology with the registered approval of Argentina. This technology provides broad-spectrum defense against nematodes and major fungal diseases and also provide farmers to improve food quality with greater crop yields by preserving soil biodiversity and promoting soil health.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/chemical-fungicides-global-market-report
Key Segments -
The chemical fungicides market covered in this report is segmented -
1) By Product Type: Bio Based Fungicide, Synthetic Fungicide
2) By Form: Liquid, Dry
3) By Active Ingredients: Dithiocarbamates, Benzimidazoles, Chloronitriles, Triazoles, Phenylamides, Strobilurins, Other Active Ingredients
4) By Action: Contact, Systemic
5) By Application: Seed Treatment, Soil Treatment, Foliar Spray, Chemigation, Post-Harvest
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
The chemical fungicides market size is expected to see strong growth in the next few years. It will grow to $31.25 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to market globalization and trade dynamics, shift towards integrated pest management (ipm), climate change impact on diseases, expansion of precision agriculture, regulatory changes and sustainability focus.. Major trends in the forecast period include biological fungicides adoption, precision application technologies, residue management concerns, integrated disease management, development of resistance management strategies..
Market Overview -
Chemical fungicides refer to the pesticides known as fungicides that work to eradicate or stop the development of fungi and their spores. They are effective against rust, mildew and other plant-damaging fungi.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=9294&type=smp
The Surge In Chemical Fungicides Market Fueled By Escalating Crop Diseases
The rising occurrence of crop diseases is expected to propel the growth of the chemical fungicide market going forward. Crop diseases refer to diseases caused by various pathogenic organisms, such as fungi, bacteria, mycoplasma, virus, viroid, nematode, or parasitic flowering plants. Chemical fungicides work to eradicate or stop the development of fungi and their spores and are effective against rust, mildew and other plant-damaging fungi, as a result, the rising occurrence of crop diseases increases the demand for the chemical fungicides market. For instance, in May 2021, according to The Proceedings of the National Academy of Sciences (PNAS), a US-based official journal of the National Academy of Sciences, the increasing food crop pests and diseases caused significant production losses worldwide, with mean losses of potatoes of 17.2% (8.1 to 21%), soybeans of 21.4% (11 to 32.4%), rice of 30.3% (24.6 to 40.9%), maize of 22.6% (19.5 to 41.4%)and wheat of 21.5% (10.1 to 28.1%). Further, The United Nations aims to reduce these losses and strives to increase food production by 60% by 2050 to feed approximately 10 billion people, as a result, chemical fertilizers support food production to meet the estimated goals. Therefore, the rising occurrence of crop diseases drives the chemical fungicide market.
Competitive Landscape -
Major companies operating in the chemical fungicides market report are BASF SE, Bayer AG, Corteva Inc, Syngenta AG, FMC Corporation, UPL Ltd., Sumitomo Chemical Co. Ltd., Nippon Soda Co. Ltd., Isagro S.p.A, Nufarm, ADAMA, Nissan Chemical Corporation, Marrone Bio Innovations Inc., Koppert Biological Systems, Bioworks Inc., STK Bio-ag Technologies, Verdesian Life Sciences, Seipasa S A, Ishihara Sangyo Kaisha Ltd., Nutrichem Co. Ltd., Certis LLC, Valent BioSciences LLC, Stockton Group, Lallemand Plant Care, Albaugh LLC, Rotam CropSciences Ltd., Sipcam Agro USA Inc., Kumiai Chemical Industry Co. Ltd., Arysta LifeScience Corporation, Heranba Industries Ltd. .
Technological Advancements In The Chemical Fungicide Market
Technological advancement is a key trend gaining popularity in the chemical fungicide market. Major companies operating in the chemical fungicide market are undergoing product innovation to strengthen their position in the chemical fungicide market. For instance, in Aug 2022, Syngenta, a Switzerland - based agrichemical company operating in chemical fungicides introduced TYMIRIUM technology with the registered approval of Argentina. This technology provides broad-spectrum defense against nematodes and major fungal diseases and also provide farmers to improve food quality with greater crop yields by preserving soil biodiversity and promoting soil health.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/chemical-fungicides-global-market-report
Key Segments -
The chemical fungicides market covered in this report is segmented -
1) By Product Type: Bio Based Fungicide, Synthetic Fungicide
2) By Form: Liquid, Dry
3) By Active Ingredients: Dithiocarbamates, Benzimidazoles, Chloronitriles, Triazoles, Phenylamides, Strobilurins, Other Active Ingredients
4) By Action: Contact, Systemic
5) By Application: Seed Treatment, Soil Treatment, Foliar Spray, Chemigation, Post-Harvest
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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