Multisite fungicides affect multiple target sites, and subsequently interfere with several metabolic processes of the fungus. Different single-gene mutations that confer resistance to single-site fungicides, a simultaneous incidence of mutations in multiple genes are needed to confer resistance to multisite fungicides. Beyond protecting and prolonging the lifespan of extremely effective medium to high resistance risk fungicides, multisite fungicides provide added levels and spectrum of disease control. With this they can also support the single sites to be even more efficient.
The global multisite fungicides market is expected to witness substantial growth due to factors such as the rise in demand for food security by the increasing population, advancement in farming practices & techniques, and changing climatic conditions that favours disease occurrence. Multisite fungicides are highly used for destroying harmful fungi affecting the crop yield. Thus, the need for fungicides to minimize crop loss is increasing across the world.
The exclusive COVID 19 impact analysis provides an analysis of micro and macro-economic factors on the multisite fungicides market. Also, complete analysis of changes on agrochemicals expenditure, economic and international policies on supply and demand side. The report also studies the impact of the pandemic on global economies, international trade, business investments, GDP, and marketing strategies of key players present in the market.
The study analyses multisite fungicides market based on product, mode of application, crop type, and geography.
Copper, mancozeb, chlorothalonil, captan and thiram are major multisite fungicides covered in the study. The copper segment dominates the market, by product. As copper is important to the growth of plants. Also, multisite fungicides play an important part in numerous enzyme processes and is key to the formation of chlorophyll. Copper (Cu) is one of the micronutrients required in very small quantities by plants.
Foliar spray, soil treatment, seed treatment, and post-harvest are the mode of application of the market. The post-harvest segment held a lion’s share in the market. Fungal infections contribute suggestively to post-harvest losses in crops. The method is designed to reduce the amount of fungicides used and problems associated to wastewater disposal. Fruits & vegetables are mostly damaged after harvest by fungi and bacteria. Many chemicals are used as a spray or dip. Post-harvest fungicides are most commonly applied as aqueous suspensions.
By crop type, the market is categorized by cereals & grains, oilseeds & pulses, and fruits & vegetable. The fruits & vegetables segment is estimated to account for the largest share in market. The consumption of fruits and vegetables has witnessed an increasing trend and is projected to grow in the forecast period.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific, and the Rest of the World. Asia pacific s leading the global multisite fungicides market. The growing agricultural practices and the requirement of high-quality agricultural produce are factors that are expected to drive the market growth in this region. Major crops produced in Asia include rice, sugar beet, fruits & vegetables, cereals, and grains.
The key competitors of this market include BASF SE, Bayer AG, Corteva Inc., Syngenta AG, FMC Corporation, UPL Ltd., ADAMA Agricultural Solutions Ltd, Seipasa S.A., Ishihara Sangyo Kaisha, Ltd., Nufarm, among others.
The study analyses multisite fungicides market based on product, mode of application, crop type, and geography. Copper, mancozeb, chlorothalonil, captan, and thiram are the product of the market. The copper segment dominates the market, by product. Foliar spray, soil treatment, seed treatment, and post-harvest are the mode of application of multisite fungicides. The post-harvest segment held a lion’s share in the market. The crop type of the market are cereals & grains, oilseeds & pulses, and fruits & vegetable. The fruits & vegetables segment is estimated to account for the largest share in market. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific, and the Rest of the World.
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