Nematicides Market Outlook
Market size for nematicides is anticipated to grow at a CAGR
of 4.69% between 2022 and 2030, reaching USD 2.1 billion by the end of that year.
More than 15,000 different species of roundworms are collectively referred to
as nematodes in science. Nematode species that destroy crops are typically
quite small. Plants' flowers, leaves, stems, and roots are all vulnerable to
nematodes. Root lesions, root knots, and stunted root systems are caused by
nematodes attacking the roots, which causes the crop to fail.
To feed on plants, nematodes assault them. Nematodes
Market can therefore severely harm plants by consuming their fruits and
blossoms, which affects yield. To manage and eliminate nematodes, utilise
nematicides.
The global nematicides market is anticipated to expand because
of nematicides' ability to boost nutrient uptake and water use efficiency,
which lowers the cost of fertilisers and irrigation and increases crop yields.
The worldwide nematicides market is predicted to increase as integrated pest
control is increasingly used throughout the world and nematicides' advantages
become more widely known. The development of the worldwide nematicides market,
however, may be constrained by the damaging effects of synthetic nematicides on
soil.
Halogen compounds and other fumigants are applied more
frequently than organophosphate and carbamate because soil fumigation is a
widely used method for preventing root-knot nematodes in vegetable crops.
Farmers are, however, increasingly using liquid nematicides
that are non-fumigant because to growing worries about the impact on the
environment and public health.
Segmentation
The market for nematicides has been divided into segments by
kind, form, crop type, application mode, and geography.
The global nematicides market has been divided into
categories based on kind, including fumigants, carbamates, organophosphates,
and others.
Based on form, the worldwide nematicides
market outlook has been divided into two categories: liquid and dry.
Depending on the kind of crop, the global nematicides market
has been segmented into fruits and vegetables, cereals and grains, oilseeds and
pulses, and others.
The global nematicides market has been segmented into seed
treatment, irrigation, fumigation, and others based on the method of
application.
Four major regions have been examined in depth: North
America, Europe, Asia-Pacific, and the rest of the globe. The US, Canada, and
Mexico have each been given their own segment of the North American nematicides
market. The United Kingdom, Germany, France, Italy, Spain, and the rest of
Europe are included in the classification of the European nematicides market.
The markets for nematicides in China, India, Japan, Australia, New Zealand, and
the rest of Asia-Pacific have been separated. In the remainder of the world,
the nematicides market has been divided into South America, the Middle East,
and Africa.
Key Players identified in the nematicides market include :
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), ,Sumitomo Chemical Co.,
Ltd (Japan)
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