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Fungi are a common cause of crop damage, causing yield, quality, and profitability to suffer. As a result, fungicides are applied to crops at various stages of development to eliminate undesirable fungi that reduce yield. Rising disease outbreaks as a result of changing climatic conditions, as well as increased cultivation of high-value crops, are expected to drive global fungicides market growth. As a result, global demand for fungicides to reduce crop loss is increasing.
Fungicides Market Report Scope and Research Methodology:
The report includes an in-depth analysis of the strategies of the industry's leading players, as well as a thorough examination of the various market segments and geographies. SWOT analysis was used to determine the Fungicides key players' strengths and weaknesses. A comprehensive analysis of Fungicides market dynamics, including drivers, restraints, opportunities, and challenges, is provided for each region and segment. The Fungicides Market report also includes figures for import/export consumption, supply and demand, price, cost, revenue, and gross margins. For accurate inferences, the data collected through primary and secondary research and analysed by SMR analysts on Fungicides Market was combined. To gather information for the Fungicides Market report on critical factors such as market trends and market dynamics. Primary interviews were conducted to gather information on size, growth trends, competitive landscape, outlook, and so on, while secondary information was gathered from sources such as annual or financial reports, government documents, company websites, industry white papers, paid databases, and free databases. To estimate the and regional Fungicides Market size, the bottom-up approach was used.
Fungicides Market Report Overview:
The study is based on major company forecasts as well as Fungicides Market statistics. During the forecast period, the Fungicides Market Report provides growth variables, current market share, various types, technologies, applications, and regional penetrations by 2029.
Fungicides Market size was valued at US $19.56 Billion in 2020 and the Fungicides Market revenue is expected to grow at 4.60% through 2021 to 2027, reaching nearly US $24.22 Billion. The report analyzes Fungicides Market dynamics by region, fuel blend, and applications.
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Fungicides Market Regional Analysis:
Fungicides Market Segmentation:
Based on Product Types: The global market for triazoles was worth US $2.40 billion in 2020, with triazoles accounting for 17% of the total market share. It is expected to reach US $3.4 billion by 2027, with a 4.5% CAGR during the forecast period, and to maintain its dominance throughout the forecast period.
Strobilurins is a fungicide derived from the Basidiomycete Strobilurustanacellus, which occurs naturally. These fungicides pose fewer risks to humans and the environment. Fungicides containing strobilurins had a global market value of $2.40 billion in 2020 and are expected to reach $3.30 billion by 2027, growing at a CAGR of 4.2% between 2020 and 2027.
Fungicides Market Key Players:
BASF SE (Germany)
Bayer AG (Germany)
Corteva Inc. (United States)
Syngenta AG (Switzerland)
FMC Corporation (United States)
UPL Ltd. (India)
Adama Ltd. (Israel)
Sumitomo Chemical Co. Ltd. (Japan)
Nufarm Limited (Australia)
Isagro SpA (Italy)
Dhanuka Agritech (India)
Nippon Soda Co. Ltd. (Japan)
AMVAC Chemical Corporation (United States)
Nissan Chemical Corporation (Japan)
Key Questions answered in the Fungicides Market Report are:
Key offerings:
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
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About Stellar Market Research
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