Nematicide Market By Type (Fumigants, Carbamates, Organophosphates, Bionematicides) By Application (Agricultural, Industrial), By Form(Granular or Powder Form, Liquid Form) - Global size Analysis and Industry Forecast, 2018-2023.
Global Nematicide Market was valued at USD 1.22 Billion in the year 2017. Global Nematicide market is further estimated to grow at a CAGR of 3.59 % from 2018 to reach USD 1.51 Billion by the year 2023.
North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period due to growing agriculture sector. At country level U.S is projected to grow strongly in the coming years.
Bayer CropScience AG (Germany), Syngenta AG (Switzerland), BASF SE (Germany), Dow Chemical Company (U.S.) and Monsanto Company (U.S.) and E.I. du Pont de Nemours and Company (U.S.) are some of the key players in the Global Nematicide market.
Better global reach at operational level is the main reason the key players are holding substantial market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.
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Characteristics and application of Nematicides in agriculture
Side-effects caused to environment and humans
Growing demand of quality food
Emerging Asia-Pacific agriculture market
Government Regulations and norms.
The segmentation are done on the basis of Types, by application, by form and by region. On the basis of types, the global nematicide market is sub segmented as Fumigants, Carbamates, Organophosphates and Bionematicides of which the Fumigants segment is expected to hold the highest market share during the forecast period.
The segmentation done on the basis of application includes Agricultural, Industrial and Others of which the agriculture segment is expected to hold the highest market share among other applications. On the basis of Form the market is segmented as granular or Powder form and liquid Form of which granular or Powder form is expected to grow at the highest CAGR during the forecasted period.
Key Benefits for Stakeholders
Nematicide Manufacturers, Distributors and Retailers
Research and Consulting Organization
Technology Standards Organizations, Forums, Alliances and Associations
End use industries
Regulatory bodies, policy actors and consumers.
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Granular or Powder Form
Key Market Players
Lockheed Martin Corporation
Mitsubishi Electric Corporation
Israel Aerospace Industries Ltd.
Orbital ATK, Inc.
Sierra Nevada Corporation
Honeywell International Inc.
China Academy of Space Technology
Maxar Technologies Ltd. (MDA)
(A brief overview of 13 companies is also provided)
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