Nematicides Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Nematicides Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : October, 2020 | Chemical & Materials | PPT format

Report Digest


Global Nematicides Market: Overview

Controlling pests and pathogens is an important process within the agricultural industry. Growth of pests and worms can have adverse impacts on the productivity of crops. Nematodes are amongst the most toxic worms that are responsible for substantial loss of crops. Hence, it is important for agriculturalists to employ pest control methods throughout the cycle of harvest. This factor has played a critical role in the growth of the global nematicides market.

The inception of nematicides can be traced to two decades back. All major famines led agricultural scientists to find methods of minimizing the adverse impact of worms and pests. The historic use of nematicides has helped the vendors operating in this market. Furthermore, growing consciousness of farmers toward pest control has also generated huge-scale demand.

A report on the global nematicides market zeroes in on the key trends operating in this market. The global nematicides market can be segmented on the basis of the following parameters: type, form, method of application, and region.

Global Nematicides Market: Notable Developments

As the agricultural sector engulfs new practices, the need for pest control has gained more prominence. Some of the notable developments related to this market are enlisted below.

  • DowDuPont’s agricultural segment, Corteva Agriscience, has announced renaming of its sulphonamide nematicide ‘Vellozine’. This nematicide would be available in the market as ‘Reklemel’, and is claimed to endow a better toxicological profile than other treatments. Corteva is planning to release the newly-named nematicide in 2021, with its initial launch in North America and Asia Pacific.

The aforementioned development would expand the product portfolio of the market with Reklemel being an addition nematicide such as Isoclas, Inatreq, Pyraxalt, and Rinskor.

  • Bayer recently made an announcement to discontinue sales of NemaStrike, 2020 onwards. The company cited safety concerns related to the use of nematicides by individuals. The announcement came after several people complained of skin irritation after handling the nematicide.

Names of other notable players in the global nematicides market are listed below:

  • BASF (Germany)
  • The Dow Chemical Company (US)
  • Monsanto (US)
  • Syngenta (Switzerland)

Global Nematicides Market: Growth Drivers

  • Agricultural Productivity becomes a National Concern 

The economic progress of several regions is directly related to the agricultural sector. Governments across several countries have made concerted efforts to enhance the performance of the agricultural sector. State-sponsored developments in the agricultural sector have aided the growth of the global nematicides market.

  • Study of Agricultural Science

Agricultural productivity has emerged as a key area of study for researchers and scientists. Pest control plays an important role in enhancing the productivity of horticultural crops. This factor has spearheaded the growth of the global nematicides market. Increased investments in the agricultural sector have enabled farmers to use high-yielding variety of fertilizers and insecticides. Furthermore, agricultural camps and drives to educate farmers about affordable and effective pesticides has also propelled market demand.

  • Growing Plantations and Increasing Number of Nurseries

The use of nematicides to protect plants in nurseries and residential plantations has gathered swing. This trend is projected to bring in respectable amount of revenues into the market.

Global Nematicides Market: Regional Outlook

Based on geography, the nematicides market may be segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The Asia Pacific nematicides market is growing at the back of advancements in the agricultural sector. India’s economy largely rests on the performance of the agricultural sector.

The global nematicides market can be segmented along the following parameters:

Type

  • Fumigant
  • Carbamate
  • Organophosphate
  • Bionematicide

 Form

  • Solid
  • Liquid

Method of Application

  • Fumigation
  • Irrigation
  • Seed Treatment

Application

  • Agricultural
  • Industrial

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

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

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?