Asia-Pacific Fungicides Market

Asia-Pacific Fungicides Market Size (2024 to 2029):

Asia-Pacific fungicides market is expected to reach USD 4.54 billion in 2024 and reach USD 6.07 billion by 2029, growing at a CAGR of 2024 to 2029.

Fungicides are pesticides used to kill fungi or fungi spores. Fungicides have real use in the agricultural sector for crop protection. It is used to prevent the damage caused by fungi to crops. Fungicides help in improving crop yield by eradicating the threat of fungi. Additionally, it is also used to cure contagious diseases in animals. The use of fungicides varies depending on the type of crop.

Factors such as the rising need for food security for the increasing population, increasing loss of crops due to fungal disease, increasing investment in research and development, shrinking arable land, and changes in farming practices are driving the market. However, factors such as stringent regulatory conditions differ in countries, and increases in environmental pollution and shifts to genetically modified seeds are hampering the growth of the fungicides market.

This research report on the Asia-Pacific fungicides market is segmented and sub-segmented into the following categories:

Asia-Pacific Fungicides Market – By Type:

• Synthetic
  • Benzimidazoles
  • Triazoles
  • Chloronitriles
  • Phenylamides
  • Strobilurins
  • Dithiocarbamates
  • others
• Bio fungicides

Asia-Pacific Fungicides Market – By Crop Type:

• Fruits and vegetables
• Oilseeds
• Pulses
• Cereals
• Grains
• others

Asia-Pacific Fungicides Market – By Form:

• Liquid
• Wettable powder
• water dispersible powder

Asia-Pacific Fungicides Market – By Mode of Application:

• Soil treatment
• post-harvest
• foliar spray
• seed treatment
• others

Cereals and grains have the largest share in the market and are expected to show the highest CAGR during the forecast period.

Asia-Pacific Fungicides Market – By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Holds the maximum share in the Asia-Pacific market because of its large population, growing agricultural sector

KEY MARKET PLAYERS:

Major players in the Asia-Pacific fungicides market include BASF SE, Dow AgroSciences LLC, Sumitomo Chemical Co., Ltd, Bayer CropScience AG, Syngenta AG, Nippon Soda Co. Ltd, Cheminova A/S, and Nufarm Ltd.