Nematicides Market Is Expected To Reach Approximately USD 1.46 Billion By 2023, While Registering Itself At A Compound Annual Growth Rate (CAGR) Of 3.49% During The Forecast Period

(IT-NEWSWIRE.COM, August 30, 2018 ) Industry Outlook and Trend Analysis

The global Nematicides Market was worth USD 1.07 billion in 2014 and is expected to reach approximately USD 1.46 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 3.49% during the forecast period. The nematicides market recognizes that the expansion in seed treatment practices will be one of the key factors boosting the interest for nematicides amid the following years. The selection of seed treatment hones empowers huge control over microorganisms, vermin, and nematodes. With the expansion in worldwide populace, the adoption rate of harvest shift rehearses has increased. This thusly, boosts the interest for seed treatment products, in this way driving the development of the nematicides market.

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Type Outlook and Trend Analysis

The market for fumigant, among different kinds of nematicides, represented the biggest share of the market in 2015. This is ascribed to its extensive use on high-esteem fresh produce, for example, vegetables and fruits. Many general purpose fumigants permit better control of nematodes in soil. The adequacy is identified with their high instability at surrounding temperatures. All fumigants have low sub-atomic weights and occur as gases or fluids. As they volatilize, the gas diffuses through the spaces between soil particles; killing the nematodes viably.

Regional Outlook and Trend Analysis

North America will be the critical revenue generator of the market in the following years. The region witnesses the viable efficiency of products and the correct support of soil wellbeing and has the highest usage of agrochemicals. Furthermore, North America likewise houses a portion of the major nematicide manufacturers. The developing prevalence of farming related biotechnology arrangements, for example, the use of nematode that is microorganism-based control and profitability enhancers, will help the development of the nematicides market in the locale.

Competitive Insights

The market is extensively competitive with the presence of some lading players such as Valent BioSciences Corporation, ISHIHARA SANGYO KAISHA LTD, AMVAC Chemical Corp, Syngenta India Ltd, AMVAC Chemical Corp, FMC Corporation, Bayer Cropscience Limited, Marrone Bio Innovations and Dow Chemical Company.

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The Nematicides Market is segmented as follows-

By Product Type:
Carbamates
Organophosphates
Bio-based nematicides
Fumigants

By Region
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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Qurate Business Intelligence

Nehal Chinoy

+919881074592

nehal@qurateresearch.com

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Nematicides Market Is Expected To Reach Approximately USD 1.46 Billion By 2023, While Registering Itself At A Compound Annual Growth Rate (CAGR) Of 3.49% During The Forecast Period