About Nematicides
Nematicides are chemical pesticide that used to kill plant-parasitic nematodes. These have inclined to be broad-spectrum toxicants having high volatility or other properties boosting migration through the soil. These are popular pesticide among the farmers usually includes biological or chemical compounds, restricting the nematode infection in the agricultural produce. Chemical nematicide is common among the crop cultivators. A number of commercial chemical nematicides are available in the market including organophosphates, carbamates, & fumigants.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 6.6% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on the production technologies, efficiency enhancement, and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Nematicides 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), Bayer Crop Science AG (Germany), The DOW Chemical Company (United States), E. I. du Pont de Nemours and Company (United States), Syngenta AG (Switzerland), FMC Corporation (United States), Ishihara Sangyo Kaisha, Ltd. (Japan), Valent U.S.A. LLC (United States), Nufarm Limited (Australia) and AMVAC Chemical Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Isagro S.p.A (Italy), Certis U.S.A. LLC (United States) and Marrone Bio Innovations, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Nematicides market by Type (Fumigants, Carbamates, Organophosphates and Bionematicides), Application (Agricultural , Industrial and Others) and Region.
On the basis of Type, Fumigants are dominating the market in the year 2023On the basis of geography, the market of Nematicides 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). North America region held largest market share in the year 2023. If we see Market by Method of Application, the sub-segment i.e. Fumigation will boost the Nematicides market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Granular or Powder Form will boost the Nematicides market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Intensive agricultural practices have increased the need for nematicide Source:
Market Growth Drivers:
Growing Population and Rising Demand for Crops, Growing Importance of Nematicides to Maintain Soil Health and Increased Crop Production Coupled With Food Security & Crop-Damage Caused By the Nematodes
Challenges:
Strict Regulatory Framework
Restraints:
Changing Environmental Protection Laws & Government Policies across Diverse Geographies and Synthetic Nematicides Offering Harmful For the Soil and the Environment
Opportunities:
Growth in Agricultural Industries in the Asia-Pacific Region
Market Leaders and their expansionary development strategies
In January 2023, EVOIA and Albaugh announced today an agreement to bring an innovative seed treatment solution to seed companies and farmers. Under the supply and distribution agreement, Albaugh’s experienced seed treatment team will now offer the new AmpliFY product for their customers. This innovative and proprietary seed treatment for row crops improves crop establishment, increases seedling root and shoot growth, and enhances the ability of the seedling to tolerate abiotic stress.
In September 2023, Bayer announced that Emesto Complete fungicide and insecticide seed-piece treatment and Velum Rise fungicide/nematicide have been registered for use in Canada. Emesto Complete and Velum Rise expand Bayer’s commitment to provide Canadian potato growers with leading crop protection products.
Many environmental regulations obligatory by Environment Protection Agency (EPA) and the National Institute of Environmental Health Sciences (NIEHS) are expected to limit the market growth. Concerns about ill-effects of pesticides is expected to hamper the nematicides market growth. For Instance, (FIFRA) Federal Insecticide, Fungicide, and Rodenticide Act requires all pesticides sold or distributed in the United States (with imported pesticides) to be registered by EPA.
Key Target Audience
Nematicide Manufacturers, Nematicide Traders, Importers, and Exporters, Fertilizer Industry, Crop Cultivators, Raw Material Suppliers, Government and Research Organizations, Industry Associations 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.