Middle East and Africa Nematicides Market by Type (Fumigants, Carbamates, Organophosphates, Bio-based Nematicides), by Application (Agricultural, Non-Agricultural), by Form (Liquid, Granular), by Mode of Application (Irrigation, Spraying, Fumigation, Seed Treatment), and by Region
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According to the report Middle-East and Africa Nematicides Market, published by Market Data Forecast, the Middle-East and Africa market is projected to reach USD 0.185 billion by 2021, at a CAGR of 3.2% from 2016 to 2021.Nematicides are pesticides used to kill various types of worms like Nematodes. Nematicides can be applied through various ways like Fumigation or Powder or Liquid form.
Nematicide Fumigation is highly expensive and is generally used only for high value crops. Usage of nematicides for soil improvement leads to a rise in the productivity and better yield.
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The nematicides market is gaining momentum due to better maintenance of soil health to achieve the required crop yield. Due to environmental hazards of synthetic nematicides, the governments are promoting the use of bio-nematicides.
The main factor stimulating the growth of the market is the promotion of integrated pest management techniques by leading organizations.
Middle-East and Africa Nematicides Market: Drivers & Restraints
Nematicides increases the fertility of the soil aside from protecting plants from parasites. This trait is driving the market significantly owing to the decreasing Agricultural lands because of the growing industrialization.
Increasing prevalence of infections, rising investments from administration bodies for agricultural purposes are driving the Nematicides Market. However, Environmental Hazards caused by synthetic Nematicides is restricting the growth of the market.
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Middle-East and Africa Nematicides Market: Segmentation
- Bio-based Nematicides
- Y-o-Y Growth Analysis, By Type
- Market Attractiveness Analysis, By Type
- Market Share Analysis, By Type
- Y-o-Y Growth Analysis, By Application
- Market Attractiveness Analysis, By Application
- Market Share Analysis, By Application
- Y-o-Y Growth Analysis, By Form
- Market Attractiveness Analysis, By Form
- Market Share Analysis, By Form
By Mode of Application
- Seed Treatment
- Y-o-Y Growth Analysis, By Mode of Application
- Market Attractiveness Analysis, By Mode of Application
- Market Share Analysis, By Mode of Application
Middle-East and Africa Nematicides Market: Overview
Middle-East and Africa has emerged as the largest regional market in terms of nematicides consumption on account of growing food demand and decline in arable land. By Mode of Application, Fumigant segment dominated the market in 2016 owing to its use for high value crops and expected to the same for the next few years.
Middle-East and Africa led the nematicides market with the third largest market share in 2015.
"The agricultural segment, by application, is projected to grow at the highest CAGR from 2016 to 2021. The bionematicides segment, by type, is projected to grow at the highest CAGR during the forecast period Growing industrialization that has lead to reduction in arable land is expected to drive the market for Middle-East and Africa nematicides.
Due to industrial development, total arable land across the globe has decreased therefore the demand for high yielding crops has increased to fulfill the demand. Moreover, increasing population leads to high food demand that is expected to fuel the growth of Middle-East and Africa market.
Middle-East and Africa Nematicides Market: Region-wise Outlook
Geographically, market is segmented into Middle east and Africa. Middle East and Africa has an untapped market and is expected to grow in the future
Middle-East and Africa Nematicides Market: Key Players
The key players in this market are BASF SE, Bayer CropScience AG, The Dow Chemical Company, E.I. Du Pont De Nemours and Company, and Monsanto Company.
The other companies which are profiled are Syngenta AG, FMC Corporation, Adama Agricultural Solutions Ltd., Ishihara Sangyo Kaisha Ltd., and Valent Corporation.
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