Tunisia Weekly
No Result
View All Result
  • Register
  • Login
  • About Us
  • Contact Us
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
Submit a News Release
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
No Result
View All Result
Tunisia Weekly
Submit PR
Home Press Releases

Nematicide Market is Projected to Grow $3.0 billion by 2027

Joseph Nchor by Editorial Staff
November 11, 2022
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, November 11, 2022 ) According to a research report “Nematicide Market by Type (Chemical, Biologicals), Nematode Type (Root-Knot, Cyst, Lesion), Mode of Application (Drenching, Soil Dressing, Seed Treatment, Fumigation), Formulation, Crop Type, and Region – Global Forecast to 2027″ published by MarketsandMarkets, the global nematicide market is estimated to be valued at USD 1.9 billion in 2022. It is projected to reach USD 3.0 billion by 2027, recording a CAGR of 9.9 % during the forecast period. The nematicide market has been influenced by some of the macro indicators witnessed across the globe. The food prices have been a significant issue owing to the shortage in the supply of agricultural products across different countries, such as Ghana in west Africa, Nepal in south asia, United Kingdom which gets very little contribution from its agricultural activities to its GDP. This has increased the necessity to identify different effective ways to increase crop yield, of which one has been the usage of crop protection chemicals, which act as indicators in demand for nematicides. This would prove strong enough to drive the market significantly in terms of value sales during the forecast period.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193252005

With the rise in global pesticide consumption and increasing foreign direct investments in agricultural activities, the trend of investing in R&D activities to sustainable agriculture techniques has significantly boosted the use of various nematicides in the agriculture industry.

BASF SE offers a wide range of crop products and solutions in agriculture, nutrition & care in the North American market.

The market for nematicides is growing in North America, owing to the widening scope of applications in the agricultural sector for adoption in field, vegetable, and fruit crops. Some of the majorly grown crops in the region include cotton, soybean, tomatoes, grapes, corn, pome fruits, and stone fruits. These crops are prone to attack from major nematode types such as root-knot, potato-cyst nematodes, and lesion nematodes, among others. High acreages under field crops such as soybean, corn, and cotton and increasing case of infestation by nematodes on these crops in the US and Mexico are driving the growth of nematicide application in field crops. Key players in the region are Corteva agriscience (US), American Vanguard corporation (US), FMC Corporation (US).

The biological segment is the fastest growing in the market, owing to the increase in awareness among growers and farmers about the adoption of sustainable agricultural practices.

Biological crop protection solutions are derived from a variety of microorganisms. They may contain microorganisms, the metabolites they produce, or a combination of the two. They can be natural, alive, dead, or even genetically engineered. Biocontrol solutions based on microorganisms and their products have proven to be more effective and environmentally friendly than synthetic crop protection solutions, leading to their widespread adoption in biocontrol strategies across the globe.

Bionematicides are biological crop protection solutions against nematode infestation in plants. Bionematicides are broadly classified as microbial and biochemical. Key companies like Bayer AG, Syngenta AG, BASF SE, FMC corporation, and UPL Ltd. have microbial-based bionematicides in their nematode management product portfolio. Startups and SMEs like Crop IQ technology Ltd. and Bio Huma Netics, Inc. are focusing on developing biochemical based bionematicides. For instance, Bio Huma netics’s Fertilgold Organics liquid products which are powered by Micro Carbon Technology, a carbon-based nutrient carrier that improves nutrient uptake effectiveness—getting more nutrients into the plants faster than other fertilizers.

Lower costs involved in the use of fumigation propelling the growth of the market

Soil fumigation is a process of pre-treatment of the soil and is highly effective in controlling the nematode population. It is a phytotoxic procedure that must be applied at least one month before seeding or transplanting. Fumigation with nematocidal action is very volatile because it evaporates in the gaseous state and fills the soils empty spaces when applied to the soil. Some of the most used fumigants, which aid in the control of nematodes, include methyl iodide, propargyl bromide, 1, 3-dichloropropene, chloropicrin, and calcium cyanamide. Before fumigation is undertaken, the soil is tilled to improve the porosity and uniformity of distribution. Further, the fumigants are injected into the upper layers of the soil with the help of shanks or chisels. The fumigants must be injected deep into the soil to prevent the escape of fumigants into the surrounding air.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=193252005

North America is projected to reach USD 0.91 Billion during the forecast period.

In 2021, North America accounted for a market share of 31.60 % in the global nematicide market. With the rising disposable income among the consumers in the US and Mexico, the shift toward the use of recreational services is higher, as a result of which the demand for planting turf & grasses in amusement parks, shopping malls, and residential areas have increased. Turf & grasses are majorly affected by lesion and root-knot nematodes, due to which they stop responding to irrigation. Likewise, the growing international and domestic demand for fruits, vegetables, and field crops alongside the strong focus on the adoption of organic farming is driving the market for bionematicides in the region.

The key players in this market include Corteva Agriscience (US), FMC Corporation (US), American Vanguard corporation (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441



Source link

Previous Post

طرح شاحنات دونج فينج KL وKR الجديدة كليًا في فيتنام، لتبدأ رحلتها عبر الأسواق العالمية

Next Post

Passwordless Authentication Market Witness the Growth of $21.2 billion by 2027

RECOMMENDED NEWS

Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

6 months ago
Hard Kombucha Market to grow at a CAGR of 23.76 percent to reach USD 181.88 Bn by 2029

Hard Kombucha Market to grow at a CAGR of 23.76 percent to reach USD 181.88 Bn by 2029

4 months ago
Bus Market is expected to Reach USD 26.18 billion by 2029 at a CAGR of 7.1 percent

Bus Market is expected to Reach USD 26.18 billion by 2029 at a CAGR of 7.1 percent

2 weeks ago

Only 11% of Tunisia voters cast ballots in second round of parliamentary elections – JURIST

8 months ago

BROWSE BY CATEGORIES

  • Africa
  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Releases
  • Technology

POPULAR NEWS

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    0 shares
    Share 0 Tweet 0
  • Wahyd Expands Tech-Enabled Logistics Platform to Saudi Arabia

    0 shares
    Share 0 Tweet 0
  • تم إطلاق VOYAH FREE في أوروبا وتم افتتاح معرض VOYAH.

    0 shares
    Share 0 Tweet 0
  • Vidliz Expands Its Data-Driven Online Marketing Services in the Middle East

    0 shares
    Share 0 Tweet 0

About Us

Tunisia Weekly™ reports and aggregates business, socio-economic, Tech and industrial news on Tunisia,Africa and the Middle East.

We provide press release distribution to media outlets in Tunisia, other countries in the Arab World, the Middle East and Africa (MEA). Submit a press release or contact us today.

Categories

News

Business

Finance

Technology

Lifestyle

AFRICA

Middle East

Press Releases

Recent News

Recent Posts
  • UNESCO Adds Djerba In Tunisia To World Heritage List – Barron's
  • Tunisia's Ennahda to discuss holding conference amid arrests – The New Arab
  • Anastasia Potapova Stuns Tunisia's Ons Jabeur in San Diego Open – Asharq Al-awsat – English
  • Oyster Mushroom Market to reach USD 84.33 Bn by 2029 at a growth rate of 7.6 percent over the forecast period

Subscribe to Our Newsletter

    Share Us

    Contact Us

    • +1 832 716 2363
    • +12816454086
    • Email: Email Us
    • Skype: groupwebmedia

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Register
    • Login
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Africa
    • Middle East
    • Press Releases
    • About Us
      • Contact Us

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC