Nematicides Market was valued at US$ 1.22 Bn in 2021 and is projected to reach US$ 1.63 Bn at a CAGR of 3.66%.
Nematicides Market Overview:
The Nematicides market study gives a comprehensive view of the competition, including the market share and company profiles of the major global competitors. The scope of the research includes a full examination of the Nematicides Market, as well as the reasons for variations in the industry’s growth between regions.
Market Scope:
Following the completion of market engineering, which included market statistics computations, market size estimations, market forecasts, market breakdown, and data triangulation, extensive primary research was done to gather information and verify and validate important numbers. To undertake market estimating and forecasting for the overall market segments and sub-segments described in this research, top-down and bottom-up tactics, as well as different data triangulation procedures, were often employed throughout the market engineering process. Extensive qualitative and quantitative analysis is performed on all data obtained during the market engineering process in order to provide essential information throughout the report.
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Segmentation:
Fumigant dominated the market in 2021 as it has benefits like no residue leftover, no resistance development, and excellent activity. While the bionematicides segment is projected to grow rapidly during the forecast period, owing to growing environmental and public health concerns with the use of chemical nematicides. Increasing demand for organic farming, demand for chemical residue-free agricultural products, and government support to use biological nematicides across the globe further impels the growth of the biological nematicides market.
Key Players:
• Bayer CropScience AG
• BASF SE
• The Dow Chemical Company
• Syngenta
• FMC Corporation
• Sumitomo Chemical Co., Ltd.
• Monsanto Company
• Nufarm Limited
• UPL Limited
• ADAMA Agricultural Solutions Ltd.
• AMVAC Chemical Corporation
• Brandt Consolidated, Inc.
• Isagro S.p.A.
• Marrone Bio Innovations Inc.
• Certis USA L.L.C.
Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers’ annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data.
The biggest players in the Nematicides market are as follows:
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Regional Analysis:
Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Nematicides market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.
COVID-19 Impact Analysis on Nematicides Market:
Due to a break in operations, end-user sectors where Nematicides are used suffered a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, and Spain, France, and India. As a result, the revenues of enterprises in these industries fell significantly, as did the demand for Nematicides manufacturers, impacting the growth of the Nematicides market in 2020. Lockdowns and a surge in COVID-19 events globally have severely reduced end-user business demand for Nematicides.
Key Questions Answered in the Nematicides Market Report are:
- In 2021, which segment held the highest proportion of the Nematicides market?
- What is the Nematicides market’s competitive landscape?
- What are the primary drivers assisting Nematicides market growth?
- Which region has the most market share in the Nematicides market?
- What will be the Nematicides market’s CAGR throughout the projected period (2022-2027)?
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