Captan Fungicide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

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Captan Fungicide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

Status : January, 2022 | Chemical & Materials

Report Digest


Captan Fungicide Market Overview

Captan fungicide is a white or pale yellowish brown-coloured compound and a fungicide which belongs to the class of Phthalimide with a pungent smell. Captan fungicide is generally used as a pesticide as well as mixed with other components to form a pesticide mixture with better effectiveness. Increasing number of agricultural activities has fuelled the demand for captan fungicides in the Asia-Pacific region. Crops become disease-prone when they are subjected to drastic climatic changes. These climatic changes which in turn have fuelled the demand for fungicides for crop protection application in North America.  The fungicides market is projected to grow at a CAGR around 4.9 % CAGR by 2030.

Asia pacific dominates the captan fungicide market in 2020 followed by North America. Countries like China, India, Japan, Brazil offers growth opportunities in next coming years. Captan fungicides are highly used for destroying harmful fungi affecting the crop yield. Need for captan fungicides to minimize crop loss will anticipate demand across the globe.

Market Scope/Demand of Captan Fungicide

Captan fungicide is protective and curative against diseases such as white rot, black rot, bitter rot and blossom end rot, occurring on apples. More than half of the apple orchids in the U.S. are treated with captan fungicides. Captan fungicide is also extensively used in the cultivation of almonds and strawberries. Captan fungicide is applied in packaging boxes to prevent the fruits and vegetables from rotting while transportation. The growth in population and the consequent rise in demand for food materials have led to an increase in the need for crop protection chemicals, thereby increasing the demand for innovative captan fungicides solutions across regions. Biological segment is projected to be the fastest-growing segment in the captan fungicides market during the forecast period. Biological fungicides market is projected to grow at a higher CAGR from 2020 to 2030.

Captan Fungicide Market Global Outlook & Segmentation

Asia-Pacific region is leading in terms of growth rate and North America with regards to consumption. Europe farmers are opting fungicides over other products such as herbicides and insecticides as fungicides are comparatively cheaper than the latter agrochemicals. Captan fungicide market can be segmented on various type regarding the overview of whole fungicide industry. India produced tremendous quantity of wheat and rice along with dry fruit, sugarcane, cotton, and pulses. Increase in awareness among farmers regarding the utilization of fungicides to control diseases of the cereal crops have contributed to the growth of captan fungicide market in the Asia-Pacific region.

On the basis of type market is segmented as:

  • Chemical
    • Triazoles
    • Strobilurins
    • Dithiocarbamates
    • Chloronitriles
    • Phenylamides
  • Biological
    • Microbial
    • Botanical

On the basis of crop type market is segmented as:

  • Cereals & grains
    • Corn
    • Wheat
    • Rice
    • Other cereals & grains
  • Oilseeds & pulses
    • Soybean
    • Cotton
    • Other oilseeds & pulses
  • Fruits & vegetables
    • Apple
    • Pears
    • Cucumber
    • Potatoes

Captan Fungicide can also be segmented into various regions according to the growth of sales in region, market share in region, No. of dominants companies in the region. Based on geography the global fungicide market spreads in multiple countries mainly - North America (U.S., Canada), Latin America (Mexico, Brazil, Argentina, Chile, Peru), Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Russia), East Asia (China, Japan and South Korea), South Asia (India, Thailand, Indonesia, Malaysia) etc .North America is expected to dominate the Captan Fungicide Market in future due to the increase in demand of food security , advancement in farming techniques .

Captan Fungicide Key Market Players / Competitive Analysis

Captan Fungicide market covers the in depth information  of the major competitors available in fungicide industry which also covers the dominant part of market .Some of the key players are :- Adama Ltd., BASF SE, Bayer AG, FMC Corporation, Corteva Inc., Novo Nordisk AG, Nufarm Ltd., Sumitomo Chemical Company, Syngenta AG, and Tata Chemicals Ltd.

Different key players in captan fungicide market is adopting different strategies like: - Product launched, Partnership, Acquisition, Continuous Product Development to survive the market.

  • Adama and Netherlands based Ceradis B.V. entered into an R&D agreement to develop new, innovative, and sustainable crop protection. Agreement's goal is to deliver new crop protection products to farmers with similar or better efficiency rates.
  • BASF have launched two new captan fungicides for the turf market named Maxtima and Navicon.The new product helped BASF to reinforce its presence in the global fungicides market.

The research report presents a comprehensive assessment of the Captan Fungicide and contains thoughtful insights, facts, and historical data, as well as statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Captan Fungicide research report provides analysis and information according to Probiotic market segments such as geography, product type, and end-use industry.

The Captan Fungicide market report covers exhaustive analysis on:

  • Captan Fungicide Segments
  • Captan Fungicide Dynamics
  • Captan Fungicide Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The Captan Fungicide report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Captan Fungicide attractiveness as per segments.

The report also maps the qualitative impact of various market factors Captan Fungicide segments and geographies.

Captan Fungicide Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and Products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

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TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?