Fungicides are one of the most commonly utilized pesticides by the farmers worldwide. It is specially used to kill fungi and their spores. The fungicides are mainly classified as mode of action, general use and chemical composition. Few types of fungicides, Organic and Inorganic, Narrow and Broad spectrum, Single or Multi site and Preventive and curative. There are usually two categories of fungicides, Contact fungicide which kills fungi when sprayed on its surface and Systemic fungicide which is absorbed by the plant first and then show its effect. Mostly fungicides are available in solid and liquid forms. In the market there are two types fungicides, those are chemical and organic based fungicides. In chemical based there are, Mancozeb, Tricyclazole, Carbendazim, Hexaconazole, Metalaxyl, Benomyl, Difenoconazole, Propiconazole, Kitazin, Tebuconazole, Copper oxychloride, Copper hydroxide, Tridemorph and Propineb. In Organic category they are, Safin, Sporrin, Blastin and Bio – Vitrioll. These are the most common fungicides used for protecting agriculture. Few characteristics of fungicides are, it should have low phytotoxicity, it should have lonf shelf life, Stability during dilution, it should be less toxic to human being, cattle, earth worms, microorganisms etc.
The report by Actual Market Research, under the title of- Global Fungicides & Bactericides Market Outlook, 2026, historically, the global market of fungicides & bactericides grew with a considerably high growth rate of 6.22% and by the end of the forecasted period, the market is likely to reach a value of USD19500 Million. As per research Europe and U.S. produces the highest amount of fruits and vegetables and cereals respectively and as per the global market report these two regions has the largest share of fungicides in the market. Asia Pacific has also projected the growth of the fungicides market due to the increasing demands for various crops. Latin America accounted for the major share in the global fungicides market in 2016, followed by Asia-Pacific and Europe region. Key players in this market which are also known as the highest manufacturer of pesticides include, BASF SE (Germany), Bayer AG (Germany), Corteva, Inc. (US), Syngenta AG (Switzerland), FMC Corporation (US), and UPL Ltd. (India). Additionally, BASF has launched two new fungicides for the turf market named Maxtima and Navicon. It features the new Revysol active ingredient and provides broad-spectrum to control diseases like dollar spot, anthracnose, and spring dead spot. The new product helped BASF to reinforce its presence in the global fungicides market.
Major companies Present in Crop Protection Chemicals Market:
1. Adama Ltd
2. Basf SE
3. Bayer AG
4. Dow AgroSciences
5. FMC Corporation
6. Huapont Life Sciences
7. Nufarm
8. Sumitomo Chemical
9. Syngenta AG
10. UPL
CONSIDERED IN THE REPORT
• Geography: Global
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026
REGIONS COVERED:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
ASPECTS COVERED IN THE REPORT
• Market Size by Value for the period (2015-2026F)
• Market Share by Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others)
• Market Share by Region
• Market Share by Country
• Market Share by Company
This report would help you answer the following questions:
1. What is the market size and forecast of the Global Fungicides & Bactericides Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Fungicides & Bactericides Market during the forecast period?
3. Which region outstands in the Global Fungicides & Bactericides Market?
4. Which are the segments to invest in over the forecast period in the Global Fungicides & Bactericides Market?
5. What is the competitive strategic window for opportunities in the Global Fungicides & Bactericides Market?
6. What are the technology trends and regulatory frameworks in the Global Fungicides & Bactericides Market?
7. What are the major companies in the Global Fungicides & Bactericides Market?
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
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