The Global Nematicides Market was valued at USD 989.50 million in 2016 and is projected to reach USD 1,304.67 million by 2025, growing at a CAGR of 3.12% from 2017 to 2025.
Nematicides are pesticides that eradicate highly prolific plant parasites which lead to demand in the agricultural industry. Nematodes can infest all parts of a plant, which lead to severe crop damages. The demand for nematicides is increasing due to the increase in population and need for the food security.
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Reduction of human health is one of the reason that will boost the Nematicides market across the globe. Increasing spending capacity is also anticipated to fuel the global nematicides market.
Market Dynamics:
1. Market Drivers
1.1 Increasing demand for bio-based nematicides.
1.2 High agricultural production.
2. Market Restraints
2.1 Harmful effects of synthetic nematicides.
2.2 Change of environment protection laws.
Market Segmentation:
The Global Nematicides Market is segmented on thebasis of Form, Type, Method of Application, Region, and Application.
1. By Form:
1.1 Liquid Form
1.2 Granular Or Powder Form
2. By Type:
2.1 Nematicides Market,
2.1.1 Carbamates
2.1.2 Fumigants
2.1.3 Organophosphates
2.1.4 Bionematicides
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3. By Method of Application:
3.1 Seed Treatment
3.2 Fumigation
3.3 Irrigation
3.4 Spraying
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
5. By Application:
5.1 Industrial
5.2 Agricultural
5.3 Others.
Competitive Landscape:
The major players in the market are as follows:
1. Bayer Cropscience AG
2. E.I. Du Pont De Nemours and Company
3. Syngenta AG
4. ADAMA Agricultural Solutions Ltd. (Makhteshim-Agan)
5. Valent USA
6. BASF SE
7. The DOW Chemical Company
8. Monsanto Company
9. FMC Corporation
10. Ishihara Sangyo Kaisha Ltd.
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Global Nematicides Market
By Form (Liquid, Granular Or Powder Form), By Type (Nematicides market), By Method of Application (Seed Treatment,Fumigation, Irrigation), By Region (North America, South America, Europe, Asia Pacific, Rest of World), By Application (Industrial, Agricultural, Others).