The Fungicides Market size accounted for USD 22.05 billion in 2023. It is expected to hit USD 35.80 billion by 2031 and grow at a CAGR of 6.2% over the forecast period of 2024-2031.
The fungicides market has witnessed significant growth in recent years, driven by the increasing demand for food security and the need to combat crop losses caused by fungal infections. Fungicides are chemical compounds specifically designed to control and prevent the growth of fungi in plants. With the global population on the rise, the importance of protecting crops from these destructive diseases cannot be overstated.
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More than 19,000 fungi have been identified as the reason behind crop diseases across the globe. These fungi have the ability to lie dormant, yet remain alive, on both living and deceased plant matter until the conditions become favorable for their rapid growth and spread. Approximately one-third of agricultural products rely on the application of pesticides. Without the utilization of these chemical agents, fruit production would suffer a staggering 78% decline, vegetable production would experience a significant 54% decrease, and cereal production would be compromised by a notable 32% reduction.
The market for fungicides is characterized by a wide range of products, each tailored to combat specific fungal infections. These products can be classified into different categories based on their chemical composition, mode of action, and target crops. Some common types of fungicides include contact fungicides, systemic fungicides, and translaminar fungicides. In recent years, there has been a growing trend toward the use of environmentally friendly and sustainable fungicides. This shift is driven by increasing consumer awareness and regulatory pressure to reduce the use of harmful chemicals in agriculture. As a result, manufacturers are investing in research and development to create innovative and eco-friendly fungicides that are equally effective in disease control.
North America holds a significant revenue share of the global fungicides market, primarily driven by the United States and Canada. The region's advanced agricultural practices, coupled with a high demand for crop protection products, contribute to its dominance. The Asia Pacific region is witnessing the highest growth in the fungicides market, primarily due to the expanding agricultural sector in countries like China and India. The rising population, increasing food demand, and the need to enhance crop productivity drive the adoption of fungicides in this region.
Drivers
Rising awareness among farmers regarding the benefits of fungicides
Increasing demand for food production
The Fungicides Market is primarily driven by the increasing demand for food production, which is a direct result of the growing global population. This demand surge necessitates the use of fungicides to protect crops from fungal diseases and ensure optimal yields. The global population is projected to grow by approximately 2 billion individuals over the next three decades, surging from the current 8 billion to 9.7 billion by 2050. Furthermore, it is anticipated that the population could reach a peak of nearly 10.4 billion around the mid-2080s. The world's population is expanding at an unprecedented rate, and with it comes the need to produce more food to sustain this growing populace. As more mouths to feed emerge, the pressure on agricultural systems intensifies, leading to a higher risk of crop diseases caused by fungi. These fungal infections can devastate entire harvests, resulting in significant economic losses and food scarcity. This factor has propelled the growth of the fungicides market.
Restrain
Stringent regulations imposed by various governing bodies on the usage of fungicides
The Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) is a crucial federal statute that regulates the registration, distribution, sale, and usage of pesticides within the United States. This act plays a pivotal role in ensuring the safe and effective management of these chemical substances. These regulations aim to ensure the safety of consumers and the environment by limiting the use of potentially harmful chemicals. Compliance with these regulations can pose challenges for the fungicide market.
Opportunities
Increasing the use of integrated pest management (IPM) practices
IPM emphasizes the use of multiple pest control methods, including fungicides, to minimize the reliance on chemical inputs. This approach aligns with the growing consumer demand for sustainable and environmentally friendly agricultural practices, creating a favorable market environment for fungicides.
Challenges
Emergence of resistance among fungal populations
Over time, fungi have developed mechanisms to withstand the effects of certain fungicides, rendering them less effective. This resistance poses a significant threat to the efficacy of fungicides and necessitates the development of new, innovative solutions.
The Russian Federation and Ukraine hold significant positions as major producers of agricultural commodities worldwide. Both countries are net exporters of agricultural products and play crucial roles in supplying food products and fungicides globally. These markets often rely on a limited number of countries for their exportable supplies. Consequently, many nations, particularly those classified as Least Developed Countries (LDC) and Low-Income Food-Deficit Countries (LIFDC), heavily depend on Ukrainian and Russian food supplies to meet their consumption needs. Unfortunately, even before the conflict, these countries were already grappling with the adverse effects of soaring international food and fungicide prices. The ongoing Russia-Ukraine war has had a profound impact on the agricultural sector of both nations. This conflict has not only disrupted the production and export capabilities of these countries but has also caused significant economic and social consequences for the global food market.
Firstly, the war has severely hampered agricultural production in both Russia and Ukraine. The destruction of farmlands, infrastructure, and machinery has resulted in a significant decrease in output. This decline in production has led to a reduction in the availability of foodstuffs and fungicides for both domestic consumption and export. Moreover, the conflict has disrupted the supply chains and transportation networks that connect these countries to the global market. This disruption has caused delays and increased costs in the delivery of agricultural products, further exacerbating the scarcity of food and fungicides in the international market.
During periods of economic recession, the fungicides market experiences a decline in demand. This is attributed to various factors, such as reduced agricultural activities, decreased consumer spending, and a general slowdown in the global economy. Furthermore, recessions often result in a shift in consumer preferences towards cheaper alternatives or organic farming practices. This shift poses a significant challenge for fungicide manufacturers, as they must adapt their product offerings to meet changing market demands. Additionally, the reduced availability of credit and financing options during recessions can hinder the research and development efforts of fungicide companies, limiting their ability to innovate and introduce new products.
By Type
Biological
Chemical
By Form
Dry
Liquid
By Crop Type
Cereals & Grains
Fruits & Vegetables
Oilseeds & Pulses
Others
By Mode of Action
Translaminar
Systematic
Contact
By Mode of Application
Seed Treatment
Foliar Spray
Soil Treatment
Chemigation
Post-Harvest
Others
Asia Pacific dominated the fungicides market with the highest revenue share of about 40% in 2023 and is expected to grow significantly during the forecast period. This growth is mainly attributed to the presence of a vast agricultural landscape, with numerous countries heavily reliant on crop production. As a result, the demand for effective fungicides to combat various fungal diseases that pose a threat to crops is consistently high. Moreover, the Asia Pacific region has witnessed significant advancements in agricultural practices and technologies. This has led to increased awareness among farmers regarding the importance of protecting their crops from fungal infections. Consequently, there has been a surge in the adoption of fungicides as a preventive measure, further bolstering the market's growth.
Furthermore, the Asia Pacific region is witnessing rapid urbanization and population growth, leading to an increased demand for food products. By 2031, India is projected to become the most populous country in the world, accounting for approximately one-third of the Asian population and 17% of the global population. To meet the increasing demand for food products due to population growth, farmers are compelled to enhance their crop yields, necessitating the use of fungicides to safeguard their harvests. This dynamic has further fueled the growth of the fungicides market in the region.
Europe has wide scope to experience significant growth in the fungicides market during the forecast period of 2024-2031. With the increasing demand for high-quality and disease-free agricultural products, the need for effective fungicides has become paramount. One of the key factors driving the growth of the fungicides market in Europe is the rising awareness among farmers and agricultural stakeholders regarding the importance of crop protection. As the agricultural industry strives to meet the ever-growing demands of a growing population, the significance of safeguarding crops against fungal diseases cannot be overstated. This awareness has led to increased adoption of fungicides as an essential tool in crop management strategies. Furthermore, Europe's favorable climatic conditions, characterized by moderate temperatures and humidity, create an ideal environment for the proliferation of fungal diseases. This, in turn, necessitates the use of fungicides to combat these threats effectively. As a result, the demand for fungicides is expected to witness a substantial surge in the coming years.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are Bayer CropScience, Nufarm Ltd, BASF SE, Dow AgroSciences, FMC Corporation, DuPont, Adama Agricultural Solutions, Lanxess AG, Cheminova A/S, Syngenta AG, Monsanto, Simonis B.V., and other key players mentioned in the final report.
In August 2023, ADAMA Ltd registered its global bio-control product, ACTAVAN®, in collaboration with the New Zealand company Waikaitu Ltd., in Peru.
Responding to customer demand, Nufarm launched Tourney® EZ Fungicide in April 2023. This new liquid formulation will provide a much-needed tool for managing fungicide resistance during the spring 2023 season.
Feb 2023, Bayer CropScience launched the new innovative fungicide, Isoflucypram.
In Oct 2021, FMC revolutionized foliar disease protection with the introduction of Xyway™ brand fungicides, including Xyway 3D fungicide and Xyway LFR® fungicide.
In May 2020, BASF launched its innovative Melyra® fungicide for China’s customer base. This product is the first of three planned new offerings based on BASF's fungicide Revysol, specifically tailored for the Chinese market.
Report Attributes | Details |
Market Size in 2023 | US$ 22.05 Bn |
Market Size by 2031 | US$ 35.80 Bn |
CAGR | CAGR of 6.2% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Biological and Chemical) • By Form (Dry and Liquid) • By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, and Others) • By Mode of Action (Translaminar, Systematic, and Contact) • By Mode of Application (Seed Treatment, Foliar Spray, Soil Treatment, Chemigation, Post-Harvest, and Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | Bayer CropScience, Nufarm Ltd, BASF SE, Dow AgroSciences, FMC Corporation, DuPont, Adama Agricultural Solutions, Lanxess AG, Cheminova A/S, Syngenta AG, Monsanto, Simonis B.V. |
Key Drivers | • Rising awareness among farmers regarding the benefits of fungicides • Increasing demand for food production |
Market Restraints | • Stringent regulations imposed by various governing bodies on the usage of fungicides |
Ans: The expected CAGR of the global Fungicides Market during the forecast period is 6.2%.
Ans: The Fungicides Market was valued at USD 22.05 billion in 2023.
Ans: The Cereals & Grains crop type segment accounted for the largest market share of about 66.2% in 2023
Ans: Stringent regulations and increasing concerns regarding environmental impact have led to the phasing out of certain active ingredients in fungicides. This has limited the options available to farmers and necessitated the exploration of alternative approaches to combat fungal diseases.
Ans: Yes, you can buy reports in bulk quantity as per your requirements. Check Here for more details.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Fungicides Market Segmentation, By Type
8.1 Biological
8.2 Chemical
9. Fungicides Market Segmentation, By Form
9.1 Dry
9.2 Liquid
10. Fungicides Market Segmentation, By Crop Type
10.1 Cereals & Grains
10.2 Fruits & Vegetables
10.3 Oilseeds & Pulses
10.4 Others
11. Fungicides Market Segmentation, By Mode of Action
11.1 Translaminar
11.2 Systematic
11.3 Contact
12. Fungicides Market Segmentation, By Mode of Application
12.1 Seed Treatment
12.2 Foliar Spray
12.3 Soil Treatment
12.4 Chemigation
12.5 Post-Harvest
12.6 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 North America Fungicides Market By Country
13.2.2 North America Fungicides Market By Type
13.2.3 North America Fungicides Market By Form
13.2.4 North America Fungicides Market By Crop Type
13.2.5 North America Fungicides Market By Mode of Action
13.2.6 North America Fungicides Market By Mode of Application
13.2.7 USA
13.2.7.1 USA Fungicides Market By Type
13.2.7.2 USA Fungicides Market By Form
13.2.7.3 USA Fungicides Market By Crop Type
13.2.7.4 USA Fungicides Market By Mode of Action
13.2.7.5 USA Fungicides Market By Mode of Application
13.2.8 Canada
13.2.8.1 Canada Fungicides Market By Type
13.2.8.2 Canada Fungicides Market By Form
13.2.8.3 Canada Fungicides Market By Crop Type
13.2.8.4 Canada Fungicides Market By Mode of Action
13.2.8.5 Canada Fungicides Market By Mode of Application
13.2.9 Mexico
13.2.9.1 Mexico Fungicides Market By Type
13.2.9.2 Mexico Fungicides Market By Form
13.2.9.3 Mexico Fungicides Market By Crop Type
13.2.9.4 Mexico Fungicides Market By Mode of Action
13.2.9.5 Mexico Fungicides Market By Mode of Application
13.3 Europe
13.3.1 Eastern Europe
13.3.1.1 Eastern Europe Fungicides Market By Country
13.3.1.2 Eastern Europe Fungicides Market By Type
13.3.1.3 Eastern Europe Fungicides Market By Form
13.3.1.4 Eastern Europe Fungicides Market By Crop Type
13.3.1.5 Eastern Europe Fungicides Market By Mode of Action
13.3.1.6 Eastern Europe Fungicides Market By Mode of Application
13.3.1.7 Poland
13.3.1.7.1 Poland Fungicides Market By Type
13.3.1.7.2 Poland Fungicides Market By Form
13.3.1.7.3 Poland Fungicides Market By Crop Type
13.3.1.7.4 Poland Fungicides Market By Mode of Action
13.3.1.7.5 Poland Fungicides Market By Mode of Application
13.3.1.8 Romania
13.3.1.8.1 Romania Fungicides Market By Type
13.3.1.8.2 Romania Fungicides Market By Form
13.3.1.8.3 Romania Fungicides Market By Crop Type
13.3.1.8.4 Romania Fungicides Market By Mode of Action
13.3.1.8.5 Romania Fungicides Market By Mode of Application
13.3.1.9 Hungary
13.3.1.9.1 Hungary Fungicides Market By Type
13.3.1.9.2 Hungary Fungicides Market By Form
13.3.1.9.3 Hungary Fungicides Market By Crop Type
13.3.1.9.4 Hungary Fungicides Market By Mode of Action
13.3.1.9.5 Hungary Fungicides Market By Mode of Application
13.3.1.10 Turkey
13.3.1.10.1 Turkey Fungicides Market By Type
13.3.1.10.2 Turkey Fungicides Market By Form
13.3.1.10.3 Turkey Fungicides Market By Crop Type
13.3.1.10.4 Turkey Fungicides Market By Mode of Action
13.3.1.10.5 Turkey Fungicides Market By Mode of Application
13.3.1.11 Rest of Eastern Europe
13.3.1.11.1 Rest of Eastern Europe Fungicides Market By Type
13.3.1.11.2 Rest of Eastern Europe Fungicides Market By Form
13.3.1.11.3 Rest of Eastern Europe Fungicides Market By Crop Type
13.3.1.11.4 Rest of Eastern Europe Fungicides Market By Mode of Action
13.3.1.11.5 Rest of Eastern Europe Fungicides Market By Mode of Application
13.3.2 Western Europe
13.3.2.1 Western Europe Fungicides Market By Country
13.3.2.2 Western Europe Fungicides Market By Type
13.3.2.3 Western Europe Fungicides Market By Form
13.3.2.4 Western Europe Fungicides Market By Crop Type
13.3.2.5 Western Europe Fungicides Market By Mode of Action
13.3.2.6 Western Europe Fungicides Market By Mode of Application
13.3.2.7 Germany
13.3.2.7.1 Germany Fungicides Market By Type
13.3.2.7.2 Germany Fungicides Market By Form
13.3.2.7.3 Germany Fungicides Market By Crop Type
13.3.2.7.4 Germany Fungicides Market By Mode of Action
13.3.2.7.5 Germany Fungicides Market By Mode of Application
13.3.2.8 France
13.3.2.8.1 France Fungicides Market By Type
13.3.2.8.2 France Fungicides Market By Form
13.3.2.8.3 France Fungicides Market By Crop Type
13.3.2.8.4 France Fungicides Market By Mode of Action
13.3.2.8.5 France Fungicides Market By Mode of Application
13.3.2.9 UK
13.3.2.9.1 UK Fungicides Market By Type
13.3.2.9.2 UK Fungicides Market By Form
13.3.2.9.3 UK Fungicides Market By Crop Type
13.3.2.9.4 UK Fungicides Market By Mode of Action
13.3.2.9.5 UK Fungicides Market By Mode of Application
13.3.2.10 Italy
13.3.2.10.1 Italy Fungicides Market By Type
13.3.2.10.2 Italy Fungicides Market By Form
13.3.2.10.3 Italy Fungicides Market By Crop Type
13.3.2.10.4 Italy Fungicides Market By Mode of Action
13.3.2.10.5 Italy Fungicides Market By Mode of Application
13.3.2.11 Spain
13.3.2.11.1 Spain Fungicides Market By Type
13.3.2.11.2 Spain Fungicides Market By Form
13.3.2.11.3 Spain Fungicides Market By Crop Type
13.3.2.11.4 Spain Fungicides Market By Mode of Action
13.3.2.11.5 Spain Fungicides Market By Mode of Application
13.3.2.12 The Netherlands
13.3.2.12.1 Netherlands Fungicides Market By Type
13.3.2.12.2 Netherlands Fungicides Market By Form
13.3.2.12.3 Netherlands Fungicides Market By Crop Type
13.3.2.12.4 Netherlands Fungicides Market By Mode of Action
13.3.2.12.5 Netherlands Fungicides Market By Mode of Application
13.3.2.13 Switzerland
13.3.2.13.1 Switzerland Fungicides Market By Type
13.3.2.13.2 Switzerland Fungicides Market By Form
13.3.2.13.3 Switzerland Fungicides Market By Crop Type
13.3.2.13.4 Switzerland Fungicides Market By Mode of Action
13.3.2.13.5 Switzerland Fungicides Market By Mode of Application
13.3.2.14 Austria
13.3.2.14.1 Austria Fungicides Market By Type
13.3.2.14.2 Austria Fungicides Market By Form
13.3.2.14.3 Austria Fungicides Market By Crop Type
13.3.2.14.4 Austria Fungicides Market By Mode of Action
13.3.2.14.5 Austria Fungicides Market By Mode of Application
13.3.2.15 Rest of Western Europe
13.3.2.15.1 Rest of Western Europe Fungicides Market By Type
13.3.2.15.2 Rest of Western Europe Fungicides Market By Form
13.3.2.15.3 Rest of Western Europe Fungicides Market By Crop Type
13.3.2.15.4 Rest of Western Europe Fungicides Market By Mode of Action
13.3.2.15.5 Rest of Western Europe Fungicides Market By Mode of Application
13.4 Asia-Pacific
13.4.1 Asia Pacific Fungicides Market By Country
13.4.2 Asia Pacific Fungicides Market By Type
13.4.3 Asia Pacific Fungicides Market By Form
13.4.4 Asia Pacific Fungicides Market By Crop Type
13.4.5 Asia Pacific Fungicides Market By Mode of Action
13.4.6 Asia Pacific Fungicides Market By Mode of Application
13.4.7 China
13.4.7.1 China Fungicides Market By Type
13.4.7.2 China Fungicides Market By Form
13.4.7.3 China Fungicides Market By Crop Type
13.4.7.4 China Fungicides Market By Mode of Action
13.4.7.5 China Fungicides Market By Mode of Application
13.4.8 India
13.4.8.1 India Fungicides Market By Type
13.4.8.2 India Fungicides Market By Form
13.4.8.3 India Fungicides Market By Crop Type
13.4.8.4 India Fungicides Market By Mode of Action
13.4.8.5 India Fungicides Market By Mode of Application
13.4.9 Japan
13.4.9.1 Japan Fungicides Market By Type
13.4.9.2 Japan Fungicides Market By Form
13.4.9.3 Japan Fungicides Market By Crop Type
13.4.9.4 Japan Fungicides Market By Mode of Action
13.4.9.5 Japan Fungicides Market By Mode of Application
13.4.10 South Korea
13.4.10.1 South Korea Fungicides Market By Type
13.4.10.2 South Korea Fungicides Market By Form
13.4.10.3 South Korea Fungicides Market By Crop Type
13.4.10.4 South Korea Fungicides Market By Mode of Action
13.4.10.5 South Korea Fungicides Market By Mode of Application
13.4.11 Vietnam
13.4.11.1 Vietnam Fungicides Market By Type
13.4.11.2 Vietnam Fungicides Market By Form
13.4.11.3 Vietnam Fungicides Market By Crop Type
13.4.11.4 Vietnam Fungicides Market By Mode of Action
13.4.11.5 Vietnam Fungicides Market By Mode of Application
13.4.12 Singapore
13.4.12.1 Singapore Fungicides Market By Type
13.4.12.2 Singapore Fungicides Market By Form
13.4.12.3 Singapore Fungicides Market By Crop Type
13.4.12.4 Singapore Fungicides Market By Mode of Action
13.4.12.5 Singapore Fungicides Market By Mode of Application
13.4.13 Australia
13.4.13.1 Australia Fungicides Market By Type
13.4.13.2 Australia Fungicides Market By Form
13.4.13.3 Australia Fungicides Market By Crop Type
13.4.13.4 Australia Fungicides Market By Mode of Action
13.4.13.5 Australia Fungicides Market By Mode of Application
13.4.14 Rest of Asia-Pacific
13.4.14.1 APAC Fungicides Market By Type
13.4.14.2 APAC Fungicides Market By Form
13.4.14.3 APAC Fungicides Market By Crop Type
13.4.14.4 APAC Fungicides Market By Mode of Action
13.4.14.5 APAC Fungicides Market By Mode of Application
13.5 The Middle East & Africa
13.5.1 Middle East
13.5.1.1 Middle East Fungicides Market By country
13.5.1.2 Middle East Fungicides Market By Type
13.5.1.3 Middle East Fungicides Market By Form
13.5.1.4 Middle East Fungicides Market By Crop Type
13.5.1.5 Middle East Fungicides Market By Mode of Action
13.5.1.6 Middle East Fungicides Market By Mode of Application
13.5.1.7 UAE
13.5.1.7.1 UAE Fungicides Market By Type
13.5.1.7.2 UAE Fungicides Market By Form
13.5.1.7.3 UAE Fungicides Market By Crop Type
13.5.1.7.4 UAE Fungicides Market By Mode of Action
13.5.1.7.5 UAE Fungicides Market By Mode of Application
13.5.1.8 Egypt
13.5.1.8.1 Egypt Fungicides Market By Type
13.5.1.8.2 Egypt Fungicides Market By Form
13.5.1.8.3 Egypt Fungicides Market By Crop Type
13.5.1.8.4 Egypt Fungicides Market By Mode of Action
13.5.1.8.5 Egypt Fungicides Market By Mode of Application
13.5.1.9 Saudi Arabia
13.5.1.9.1 Saudi Arabia Fungicides Market By Type
13.5.1.9.2 Saudi Arabia Fungicides Market By Form
13.5.1.9.3 Saudi Arabia Fungicides Market By Crop Type
13.5.1.9.4 Saudi Arabia Fungicides Market By Mode of Action
13.5.1.9.5 Saudi Arabia Fungicides Market By Mode of Application
13.5.1.10 Qatar
13.5.1.10.1 Qatar Fungicides Market By Type
13.5.1.10.2 Qatar Fungicides Market By Form
13.5.1.10.3 Qatar Fungicides Market By Crop Type
13.5.1.10.4 Qatar Fungicides Market By Mode of Action
13.5.1.10.5 Qatar Fungicides Market By Mode of Application
13.5.1.11 Rest of Middle East
13.5.1.11.1 Rest of Middle East Fungicides Market By Type
13.5.1.11.2 Rest of Middle East Fungicides Market By Form
13.5.1.11.3 Rest of Middle East Fungicides Market By Crop Type
13.5.1.11.4 Rest of Middle East Fungicides Market By Mode of Action
13.5.1.11.5 Rest of Middle East Fungicides Market By Mode of Application
13.5.2 Africa
13.5.2.1 Africa Fungicides Market By Country
13.5.2.2 Africa Fungicides Market By Type
13.5.2.3 Africa Fungicides Market By Form
13.5.2.4 Africa Fungicides Market By Crop Type
13.5.2.5 Africa Fungicides Market By Mode of Action
13.5.2.6 Africa Fungicides Market By Mode of Application
13.5.2.7 Nigeria
13.5.2.7.1 Nigeria Fungicides Market By Type
13.5.2.7.2 Nigeria Fungicides Market By Form
13.5.2.7.3 Nigeria Fungicides Market By Crop Type
13.5.2.7.4 Nigeria Fungicides Market By Mode of Action
13.5.2.7.5 Nigeria Fungicides Market By Mode of Application
13.5.2.8 South Africa
13.5.2.8.1 South Africa Fungicides Market By Type
13.5.2.8.2 South Africa Fungicides Market By Form
13.5.2.8.3 South Africa Fungicides Market By Crop Type
13.5.2.8.4 South Africa Fungicides Market By Mode of Action
13.5.2.8.5 South Africa Fungicides Market By Mode of Application
13.5.2.9 Rest of Africa
13.5.2.9.1 Rest of Africa Fungicides Market By Type
13.5.2.9.2 Rest of Africa Fungicides Market By Form
13.5.2.9.3 Rest of Africa Fungicides Market By Crop Type
13.5.2.9.4 Rest of Africa Fungicides Market By Mode of Action
13.5.2.9.5 Rest of Africa Fungicides Market By Mode of Application
13.6 Latin America
13.6.1 Latin America Fungicides Market By Country
13.6.2 Latin America Fungicides Market By Type
13.6.3 Latin America Fungicides Market By Form
13.6.4 Latin America Fungicides Market By Crop Type
13.6.5 Latin America Fungicides Market By Mode of Action
13.6.6 Latin America Fungicides Market By Mode of Application
13.6.7 Brazil
13.6.7.1 Brazil Fungicides Market By Type
13.6.7.2 Brazil Africa Fungicides Market By Form
13.6.7.3Brazil Fungicides Market By Crop Type
13.6.7.4 Brazil Fungicides Market By Mode of Action
13.6.7.5 Brazil Fungicides Market By Mode of Application
13.6.8 Argentina
13.6.8.1 Argentina Fungicides Market By Type
13.6.8.2 Argentina Fungicides Market By Form
13.6.8.3 Argentina Fungicides Market By Crop Type
13.6.8.4 Argentina Fungicides Market By Mode of Action
13.6.8.5 Argentina Fungicides Market By Mode of Application
13.6.9 Colombia
13.6.9.1 Colombia Fungicides Market By Type
13.6.9.2 Colombia Fungicides Market By Form
13.6.9.3 Colombia Fungicides Market By Crop Type
13.6.9.4 Colombia Fungicides Market By Mode of Action
13.6.9.5 Colombia Fungicides Market By Mode of Application
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America Fungicides Market By Type
13.6.10.2 Rest of Latin America Fungicides Market By Form
13.6.10.3 Rest of Latin America Fungicides Market By Crop Type
13.6.10.4 Rest of Latin America Fungicides Market By Mode of Action
13.6.10.5 Rest of Latin America Fungicides Market By Mode of Application
14 Company Profile
14.1 Bayer CropScience
14.1.1 Company Overview
14.1.2 Financials
14.1.3 Product/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Nufarm Ltd
14.2.1 Company Overview
14.2.2 Financials
14.2.3 Product/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 BASF SE
14.3.1 Company Overview
14.3.2 Financials
14.3.3 Product/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 Dow AgroSciences
14.4.1 Company Overview
14.4.2 Financials
14.4.3 Product/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 FMC Corporation
14.5.1 Company Overview
14.5.2 Financials
14.5.3 Product/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 DuPont
14.6.1 Company Overview
14.6.2 Financials
14.6.3 Product/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 Adama Agricultural Solutions
14.7.1 Company Overview
14.7.2 Financials
14.7.3 Product/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Lanxess AG
14.8.1 Company Overview
14.8.2 Financials
14.8.3 Product/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Cheminova A/S
14.9.1 Company Overview
14.9.2 Financials
14.9.3 Product/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Syngenta AG
14.10.1 Company Overview
14.10.2 Financials
14.10.3 Product/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
14.11 Monsanto
14.11.1 Company Overview
14.11.2 Financials
14.11.3 Product/ Services Offered
14.11.4 SWOT Analysis
14.11.5 The SNS View
14.12 Simonis B.V.
14.12.1 Company Overview
14.12.2 Financials
14.12.3 Product/ Services Offered
14.12.4 SWOT Analysis
14.12.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. USE Cases and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Metal Finishing Chemicals Market Size was USD 12.1 billion in 2023, and will reach USD 18.8 billion by 2032, and grow at a CAGR of 5.1% by 2024-2032.
The Graphene Market Size was valued at USD 366.5 Million in 2023. It is expected to grow to USD 4997.1 Million by 2032 and grow at a CAGR of 33.2% over the forecast period of 2024-2032.
The Nanofiber Market Size was valued at USD 904.9 million in 2023 and is expected to reach USD 5338.6 million by 2032 and grow at a CAGR of 21.8% over the forecast period 2024-2032.
The Green Building Materials Market size was USD 424.38 billion in 2023 and is expected to Reach USD 1059.03 billion by 2031 and grow at a CAGR of 12.1% over the forecast period of 2024-2031.
The Geofoam Market Size was valued at USD 764.9 million in 2023 and is expected to reach USD 1466.60 million by 2032 and grow at a CAGR of 7.50% over the forecast period 2024-2032.
The Thermal conductive polymer material Market size was USD 155.74 million in 2023 and is expected to Reach USD 405.42 million by 2031 and grow at a CAGR of 12.7% over the forecast period of 2024-2031.
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