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 : September, 2020 | Chemical & Materials | PPT format

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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 study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.