The global Chemical Nematicides Market size is expected to reach USD 1.75 Billion by 2028 at a CAGR of 3.5%, according to a new report by Reports and Data. Nematodes, a scientific term indicated for roundworms, comprises above 15,000 species. Most of the nematodes’ species which attack crops are generally microscopic. Nematodes attack the foliage, flowers, stem, and plants’ roots. They specifically attack roots, causing root knots, stunted root systems, and root lesions, resulting in declining of the plants or crops. Nematodes are immensely harmful for plants, as they attack plants to feed on them. Therefore, nematodes causing severe damage to many crops by eating the flowers, fruits, leading to decreased crop productivity. Nematicides are majorly used by farmers for killing as well as controlling nematodes.

Nematicides are intended to increase the efficiency of water use and nutrient uptake, resulting in minimized cost of irrigation and fertilizers, promoting the growth of the market. Additionally, growing adoption of integrated pest management globally, combined with rising awareness regarding the advantages of nematicides is boosting the industry’s growth. 

Furthermore, growing practices on seed treatment is also providing ample opportunities for numerous stakeholders in this sector. However, human and environmental hazards due to the usage of chemical nematicides, development of transgenic plants and crops, and government regulations on pesticides are the factors posing challenges to the sector’s growth. Moreover, the synthetic nematicides’ negative impact on soil may obstruct the industry expansion. 

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Key companies profiled in the report:

Syngenta Crop Protection AG (Switzerland),

Bayer AG (Germany),

Corteva Agriscience (US),

Adama Agricultural Solutions Ltd (Israel),

BASF SE (Germany),

FMC Corporation (US),

UPL Limited (India),

Nufarm (Australia),

and Isagro Group (Italy).

Further key findings in the report

Chemical nematicides accounted for the largest industry share in the year 2017, due to its growing usage in several developing countries, higher efficiency, easy availability, and reduced cost as compared to other biologicals.

Nematicides are applied on fruits vegetables including tomatoes, potatoes, pineapples and so on. Along with providing protection from the nematodes, it also aids in increasing soil fertility.

The biological nematicides predicted to register the fastest growth over the analysis period, because of the increasing public health and environmental concerns with the usage of chemical nematicides, soaring need for chemical residue-free products, increasing organic farming, and government support to apply biological nematicides treatment globally.

Asia Pacific and Latin America regions are foreseen to contribute significantly to the industry growth owing to growing agriculture, and rising demand for food. Furthermore, growing awareness regarding the plant health among farmers and enhancing crops healthcare infrastructure in both of these regions are accelerating the industry growth.

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Reasons to Buy this Report:

The latest Chemical Nematicides Market research report offers qualitative and quantitative analyses of the market.

The report further segments the global Chemical Nematicides Market on the basis of product type, application spectrum, end-use landscape, geography, and competitive scenario to enable the reader to understand the overall market structure.

The report exhaustively covers the regional landscape of the global market and evaluates the revenue growth rate of each regional market.

It further offers an in-depth understanding of the competitive scenario of the Chemical Nematicides Market. In this section, the report lists the major players of the market and highlights their key business expansion strategies.

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Global Chemical Nematicides Market Segmentation:

Product Type Outlook:

Fumigants

Organophosphates

Carbamates

Bionematicides

Others (which include active ingredients, such as acetoprole, benclothiaz, DBCP, and chitosan)

Application Outlook:

Fumigation

Soil dressing

Drenching

Seed treatment

Regions Covered in This Report:

North America (the U.S., Mexico, and Canada)

Latin America (Brazil and Rest of Latin America)

Asia Pacific (China, Japan, India, and Rest of Asia Pacific)

Europe (the U.K., Germany, France, and Rest of Europe)

Middle East Africa (GCC Countries and Rest of Middle East Africa)

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