Nematicides Market Report

The global Nematicides market is expected to benefit from increasing adoption rate of Nematicides among farmers in various countries across the globe. Nematodes attack the roots of host crop and multiplies very fast in favourable conditions resulting into formation of big knots on the roots. Newly emerged Nematicides including NIMITZ and MCW-2 are also likely to open novel avenues for the market.

It has been observed that companies are using various strategies such as technological innovation and new product development to gain a competitive edge over other companies. Furthermore, they are raising their expenditure on advertising, which is resulting in intense competition among the players. A number of product introductions has taken place in the market. One such instance is InLine® soil fungicide and nematicide by The Dow Chemical Company.  It is a multi-purpose liquid fumigant for the preplant treatment of soil to control nematodes and symphylans. It also manages certain soilborne diseases in cropland with the help of drip irrigation systems only.

Increasing adoption of Nematicides among farmers to drive the market

Adoption of Nematicides is increasing among the farmers across the globe, which is acting as a key factor driving the Nematicides market. Well-defined regulations on the usage of Nematicides is also a key factor supporting the Nematicides market growth. Extensive biological research on the use of Nematicides is expected to have a positive impact on the market growth in the coming years.   Emergence of specialized techniques to meet the requirements of the end users may fuel the growth of the Nematicides market. Demand for Nematicides is on the rise owing to growing population and surging need for improved crop production for food security.

Introduction of novel products to emerge as a key strategy among the market players

Key companies operating in the Nematicides market are ADAMA Agricultural Solutions Ltd., Bayer CropScience AG, Syngenta, The Dow Chemical Company, FMC Corporation, BASF SE, Monsanto Company, Nufarm Limited, Sumitomo Chemical Co., Ltd., AMVAC Chemical Corporation, Isagro S.p.A., Marrone Bio Innovations Inc., Brandt Consolidated, Inc., and Certis USA L.L.C.

For instance, one of the key companies, Bayer CropScience AG has launched Velum Prime. This Nematicide offers long-term protection against Root Knot nematodes, which cause huge economic losses to the farmers.

By Type

●  Chemical

●  Biological

By Chemical

●  Halogen Compounds & Other Fumigants

●  Organophosphate

●  Carbamate

●  Bio-based Nematicide

By Application

●  Fumigation

●  Irrigation

●  Spraying

●  Seed Treatment

By Formulation

●  Gaseous Formulations

●  Liquid

●  Granules or Emulsifiable Liquid

●  Other Formulation Types

According to the analysts, chemical fumigants and Nematicides find application in enclosed spaces including greenhouses and warehouses on account of their high volatility. Biological Nematicides are emerging as an alternative to conventional synthetic pesticides due to governmental support. Halogen compounds are known to be the most common Nematicides deployed as fumigants. As far as the application is concerned, fumigation is used extensively for crop treatment against nematodes.

By Region

North America is a key region in this market owing to high Nematicides consumption. Asia Pacific is expected to witness significant growth in the Nematicides market as it is known to be one of the major producing regions of fruits and vegetables. Moreover, factors such as presence of a number of fumigant and nematicide producers and users in this region are having a positive influence on the market growth. Increasing agricultural activities is expected to open up various opportunities for Nematicides market growth in Asia Pacific. China is contributing significantly to the regional market growth.

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Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.