Market Overview
Nematicides are used to prevent nematodes (also known as roundworms), responsible for the damages to the agricultural output. Nematodes severely damage the roots, flowers, stems, and other parts of the plants, which calls for effective measures. Increasing global demand for food is propelling agriculture to produce hefty amounts of food while maintaining the quality and minimizing the wastage. Nematicides, while killing the worms, also maintains the moisture contents in soil, making it useful in two ways and gaining popularity globally. The global governments are readily acting to promote crop protection and production techniques, which has provided considerable growth to this market. These agents are available in liquid and solid forms. The companies are working towards developing environment-friendly alternates, as conventional nematicides are toxic.
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In large-scale farming, the worm attacks create severe damage and spread faster, which has created high demands for effective pest control measures and has considerably increased the demands for nematicides. Apart from the uses, the global nematicides market struggles against the stringent rules introduced by authorities against the toxic nature of these agents and severe damage to soil health.
This report comprises details about competitive landscapes, changes, drivers & restraints, and other prime aspects of local and global market analysis to better understand market trends. The global nematicides market is anticipated to show around a 04 % annual growth rate during the survey.
Key Players
BASF SE (Germany), Bayer Cropscience AG (Germany), The DOW Chemical Company (US), The Monsanto Company (US), Syngenta AG (Switzerland), FMC Corporation (US), ADAMA Agricultural Solutions Ltd. (Israel), Ishihara Sangyo Kaisha Ltd. (Japan), Valent USA (US), Simbiose Agrotecnologia Biologica (Brazil), Marrone Bio Innovations Inc. (US), American Vanguard Corporation (US), Isagro Group Spa (Italy), Nufram Limited (Australia), and Sumitomo Chemical Co., Ltd (Japan) are some of the key players in the Global Nematicides Market.
Industry News
Global Nematicides Market has helped the farmers increase crop productions and meet the rapid rise in demand for food globally. Also, the commercialization of farming has added to the tally of this market. The governments are spreading awareness about crop production techniques, which has provided an additional boost to the market’s growth. The rapidly developing regions and the vast population of the Asia Pacific region with India and China in the lead are the major markets while providing maximum opportunities and possessing extreme capabilities.
Market Breakdown
Global Nematicides Market is segmented into several categories mentioned below:
Based on product types, the nematicides market is segmented into bio-based nematicides, chemical-based nematicides, and others.
The global nematicides market is categorized into liquid and solid states based on forms.
Based on crop types, nematicides are used for pulses & oilseeds, fruits & vegetables, and others.
The global nematicides market is divided into seed treatment, fumigation, and others based on the applications.
Regional Classification
Nematicides has gained global adoption worldwide due to increasing demands for food products and demands for crop protection techniques and is getting stronger with time. North America, The Asia Pacific, Europe, and the rest of the world are the major regions observed for the global nematicides market. In the current era, the North American region is leading the market due to the commercialization of agriculture, increasing demands for food items, increasing research & development activities, population growth, and other factors. On the other hand, the Asia Pacific region will register the highest growth rates due to increasing awareness, government initiatives, vast population covers, rapid urbanization, and other factors.
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