Global Nematicide Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 4.21% during the forecast period that is 2017-2025. Nematicide Market has grown enormously in the last decade owing to rising demand to increase the crop yields and to overcome arable land reduction, which is hindering the overall crop production.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global nematicides market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global nematicides market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Market Dynamics

The rise in demand for the production of high-quality and organic crops, especially organic fruits and vegetables has escalated the need for nematicides, which favored the growth of nematicide market. Production of bio-nematicides from fungal or bacterial spores are less toxic than the traditional chemical pesticides, hence various governmental bodies are supporting the production of bionematicides, and this acts as one of the major driving factors of nematicide market. Adoption of advanced agricultural technologies and modern farming practices has led to the increased application of nematicides to provide better plant protection and improved yield. NemaStrike is one such advanced technology introduced by Monsanto which will target root-knot and nematode species present in the soil. However, the highly toxic nature of chemical nematicides likes ethylene dibromide and carbofurais acts as a restraint for the growth of nematicide market. Developments in nematode resistant transgenic or genetically modified crops might also restrict the global market growth.

Segment Analysis

By Product Insights:  By product type, the nematicides market is segmented into fumigants, organophosphates, carbamates, and bionematicides. Fumigant nematicide market is expected to witness a significant growth rate in the forecast period, owing to its high volatility at ambient temperatures and effective post-harvest loss reduction. Chloropicrin is projected to be the widely adopted fumigant by agriculture industry because of its efficacy to fight against a range of nematodes. Bionematicides are also anticipated to witness a steep rise in the upcoming years which will be contributed by the rise in development and adaptation of biopesticides, biofertilizers, and other biocontrol solutions.

By Application Insights: The nematicides market is majorly associated with agriculture and hence the growing demand for high-quality crops coupled with sustainable and safe farming practices will boost the market. The development of non-fumigant nematicides such as NIMITZ that has received federal registration from the Environmental Protection Agency (EPA) can be considered as one of the crucial market boosters in the agriculture sector. The nematicide market for seed-treatment is expected to grow at a higher rate in the forecast period due to nematicides’ eradication response towards root-knot nematodes like Meloidogyne Incognita. Moreover, it is further attributed by the lesser health hazards imposed by the nematicides. Increase in cost of fertilizers and pesticides have also assisted in the market growth among small and mid-sized farm growers.

Region Analysis

The global nematicides market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America nematicide market is anticipated to hold the largest share in the nematicide market followed by Europe, due to the reduction in arable land coupled with increasing food demand in these regions. Asia Pacific nematicide market is accounted to grow significantly in the forecast period due to expansion in the agriculture sector and growing awareness of crop protection techniques among farmers. Middle East and Africa held the measurable growth in the global market in 2018 and will expand at the significant CAGR during the forecast years.  

Global Nematicide Market Size, Share Analysis By Region 2017

Global Nematicide Market Study Objective

1. To forecast the market size of nematicide market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of nematicide market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of nematicide market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of nematicide market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the nematicide market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Some of the major players in global nematicide market include ADAMA Agricultural Solutions Limited, Bayer CropScience AG, BASF SE, American Vanguard Corporation, FMC Corporation, Bioworks Incorporated, The Dow Chemical Company, E.I. Du Pont De Nemours and Company, Isagro Group Spa, Ishihara Sangyo Kaisha Ltd., Nufarm Ltd, Syngenta AG, UPL Limited, and Valent USA among others. AMVAC Chemical Corporation has confirmed its distribution agreement with Rotam North America, in November 2017 to market and sell ReTurn XL, which is a novel nematicide that offers above-and-below-ground protection.

Global Nematicide Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.