About Fludioxonil
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.0% |
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product.The Vendors having a strong hold in the market are BASF, Huntsman, Wuxi Jiabao Pharmaceutical Industry, Zhengdao Chemical Industrial, and Linyi County Hengrun Chemical. Analyst at AMA Research estimates that Chinese Vendors will contribute the maximum growth to Global Fludioxonil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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 that are part of study coverage. Additionally, the Vendors which are also part of the research coverage 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
AMA Research has segmented the market of Global Fludioxonil market by Type (95% TC, 98% TC and Others), Application (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Turfs & Ornamentals and Others) 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.
Influencing Trend:
Upsurging use of Fludioxonil in Fruit and Vegetable Farming and Growing Applications in investigating Physical and Substance Properties of Cells and Different Parts
Market Growth Drivers:
Increasing Uses of Newly Developed Fungicides in Agricultural Applications and Growing Use of Fludioxonil to Treat Seeds as well as to Extend its Self Life
Challenges:
Excessive Use might Degrade Soil Quality or Increase Soil Toxicity and Stringent Government Regulations related to the Fungicide Development
Restraints:
Hazardous Effects of Inorganic Fungicides on the Global Environment and Lack of Awareness Among Farmers about Fludioxonil
Opportunities:
Growing Prevalence of Various Diseases in Crops will Generate Significant Demand and Escalated Use of Fludioxonil both in Prevention and Control of Fungal Diseases which can effect Crop Yield
Market Leaders and their expansionary development strategies
In December 2022, Nufarm Limited announced the acquisition of BASF's global fungicide business, including the manufacturing and sales of Fludioxonil. This acquisition is expected to close in the second half of 2023.
In July 2022, Syngenta launched Luna Flex, a new fludioxonil-based fungicide for vegetables in Asia. Luna Flex is a broad-spectrum fungicide that provides effective control of downy mildew and other diseases.
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).
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
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.