Tuesday, May 31st, 2016 - Future Market Insights

Fungicides are a particular kind of pesticide that helps in controlling fungal diseases in plants. They control diseases by killing or inhibiting the fungus which causes the disease. However, all the diseases caused by fungus in plants cannot be controlled by fungicides. Some of the vascular diseases such as Verticillium wilt and Fusarium cannot be controlled with the help of fungicides. In addition, the diseases caused by other organisms, insect damage, disorders caused by abiotic factors are not expected to be controlled by the fungicides. Thus, before the application of fungicides on the plants it is extremely essential to define the cause of disease with the help of symptoms on the plant.

Global Inorganic Fungicide Market: Key Segmentation

The global inorganic fungicides market can be classified based on the basis of raw material, form, and region. On the basis of raw material, the global inorganic fungicides is segmented into: sulfur, lime sulfur, mercury and copper compounds. On the basis of form, the global inorganic fungicide market is segmented into: dust form or wettable powder form. Inorganic fungicides are usually preferred in the wettable powder forms are widely used. Similarly, inorganic fungicides manufactured from copper compounds and mercury are also used widely in the agricultural fields to inhibit the growth of the fungus causing the disease.

On the basis of region the global inorganic fungicide market can be segmented into: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), and Middle East & Africa (MEA)

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Global Inorganic Fungicide Market: Drivers & Restraints

Growing population coupled with depleting cultivable land is expected to boost the overall demand for various forms of inorganic fungicides. Inorganic fungicides are manufactured from various elements that are abundantly available. Thus, inorganic fungicides are cheaply available and hence, are procured by large number of farmers. Thus, owing to easy availability coupled with cheap cost is expected to augment the overall growth in the demand of inorganic fungicides market. Inorganic fungicides are widely used in the control of different types of diseases especially the powdery mildew which hampers the overall yield of the crop. Thus, owing to increase in demand for food has boosted the overall crop yield which in turn is expected to augment the overall growth of the inorganic fungicides market. However, inorganic fungicides are known to have hazardous effect on the environment owing to which there is increase in demand for the overall organic fungicides. Thus, growing consumer awareness coupled with stringent government regulations is expected to restrain the overall growth of the inorganic fungicides market.

Global Inorganic Fungicide Market: Region-wise Outlook

Asia Pacific is a major manufacturer of inorganic fungicides. Presence of large number of inorganic fungicides manufacturers in China with huge production capacity is predicted to boost the overall growth of the global inorganic fungicide market. India is other major producer of inorganic fungicides within Asia Pacific. In terms of consumption, Asia Pacific is expected to be followed by Europe. However, the demand for inorganic fungicide is expected to exhibit sluggish growth owing to the presence of stringent regulations related to environment protection. The market for inorganic fungicide is expected to grow gradually in the region.

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Global Inorganic Fungicide Market: Competitive Landscape

CINKARNA, Planet Natural, PLATTE CHEMICAL COMPANY, OMRI and Georgia Gulf Sulfur Corporation are some of the participants of the global inorganic fungicides market. The company’s manufacturing fungicides are focused towards research and are keen towards developing innovative fungicides that are environmental friendly. Owing to comply with stringent governmental regulations that restrict the use of inorganic chemicals most of the inorganic fungicides manufacturers are gradually shifting their focus towards organic materials as the raw material. In addition the rising consumer preference towards organic food is also expected to hamper the overall growth of inorganic fungicides.

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Inorganic Fungicide Market

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