Fludioxonil Market Scope
Over the past couple of decades, the dietary patterns of the global population have been changed, since the consumption of fruits and vegetables is increased over the seed grains. Also, the rising food security concerns along with the rapidly declining arable land will upsurge the demand for fludioxonil across the global agriculture industry. In addition to this, the demand for Fludioxonil is also increasing in non-crop applications such as ornamental plants and turf. The fungicide 'Fludioxonil' is an odorless, yellowish or colorless crystal which obstructs the glucose transport across fungal membranes. It can be used as both fungicides as well as insecticides for seed treatment/protectant. Fludioxonil is a registered fungicide in the United States.
The market study is being classified by Type (95% TC, 98% TC and Others), by Application (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Turfs & Ornamentals and Others) and major geographies with country level break-up.
The Vendors having a strong hold in the market are BASF, Huntsman, Wuxi Jiabao Pharmaceutical Industry, Zhengdao Chemical Industrial, and Linyi County Hengrun Chemical. Research Analyst at AMA predicts that Chinese Vendors will contribute to the maximum growth of Global Fludioxonil market throughout the predicted period.
BASF SE (Germany), Huntsman Corporation (United States), Wuxi Jiabao Pharmaceutical Industry Limited Company (China), Nanjing Zhengdao Chemical Industrial Co Ltd (China), Linyi County Hengrun Chemical Co Ltd (China), Syngenta AG (Switzerland), Sumitomo Chemical Co. Ltd. (Japan), Hangzhou HeRui Chemical Co. Ltd. (China), Zhejiang Rayfull Chemicals Co. Ltd. (China) and Hebei XingBai Pharmaceutical Groups (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Rudong Zhongyi chemical Co. Ltd. (China), Zhejiang Heben Pesticide & Chemicals Co. Ltd. (China), Jiangsu SuBin Agrochemical CO., LTD. (China) and Jiangsu Horain Biotech Co. Ltd. (China).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Fludioxonil market by Type, Application and Region.
On the basis of geography, the market of Fludioxonil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets & Hypermarkets will boost the Fludioxonil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
From November 6, 2018, Environmental Protection Agency (EPA), the United States has established revised tolerance for residues of fludioxonil in or on beet, sugar, roots at 4.0 parts per million. Syngenta Crop Protection, LLC requested this tolerance under the Federal Food, Drug, and Cosmetic Act (FFDCA).
Market Trend
- Upsurging use of Fludioxonil in Fruit and Vegetable Farming
- Growing Applications in investigating Physical and Substance Properties of Cells and Different Parts
Market Drivers
- Increasing Uses of Newly Developed Fungicides in Agricultural Applications
- Growing Use of Fludioxonil to Treat Seeds as well as to Extend its Self Life
Opportunities
- Growing Prevalence of Various Diseases in Crops will Generate Significant Demand
- Escalated Use of Fludioxonil both in Prevention and Control of Fungal Diseases which can effect Crop Yield
Restraints
- Hazardous Effects of Inorganic Fungicides on the Global Environment
- Lack of Awareness Among Farmers about Fludioxonil
Challenges
- Excessive Use might Degrade Soil Quality or Increase Soil Toxicity
- Stringent Government Regulations related to the Fungicide Development
Key Target Audience
Fludioxonil Manufacturers, Fludioxonil Distributors and Traders, Fludioxonil Upstream and Downstream Buyers, Agricultural Industry Associations, Government Regulators, Fungicide Manufacturers and Regulators, Research and Development Institutes and Others
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