A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Nematicides
market. The study,
titled “Nematicides
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020”,
is available for sale on the firm’s website.
Nematicides
are type of pesticides used to kill plant parasites such as
nematodes. Based on types nematicides can be segmented as
organo-phosphates, carbamates, bio-nematicides and fumigants.
Nematicides are available in two delivery forms that include contact
application and fumigant. Recently seed treatment form is being
developed and available in the market. The applications of
nematicides include agrochemicals, industrial and others.
Growing
industrialization that has lead to reduction in arable land is
expected to drive the market for 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. In addition, increasing population leading to high food
demand is expected to fuel the market growth. Use of nematicides and
other pesticides is necessary for crop protection and ultimately to
improve the total yield of crop. Further, demand for bio-nematicides
is expected to boost the market. Due to environmental hazards of
synthetic nematicides, government is supporting growth
bio-nematicides.
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PDF Brochure for more Professional and Technical insights :
The
advantages of bio-nematicides over synthetic include no hazards to
human health and environment, no residues in soil and no crop losses.
Hence, demand for bio-nematicides is expected to drive the market
growth. Additionally, demand for nematicides from Latin America is
expected to further drive the nematicides market growth. Due to
increase in disposable income in this region, consumer’s preference
has been shifted to quality food. To ensure quality of food use of
nematicides is necessary, which is expected to drive nematicides
market.
However,
environmental regulations are expected to hamper the market growth.
Concerns are being raised regarding ill effects of nematicides in
human health and environment. These concerns has led to cancellation
of few registered products and phasing out of some of the products.
For example, methyl bromide is banned in few countries due to its
environmental hazards. Additionally, development of transgenic crops
is leading to replacement of nematicides in the future due to various
advantages it offers.
Improved
bio fuel technology is expected to provide an opportunity for the
players in this market. Bio-fuel sector is expected to support the
growth of crop acreage, which in turn expected to provide opportunity
for nematicides. Further growing agrochemical industries in Asia
Pacific region and other developing regions is expected to provide
immense opportunities in the near future.
North
America emerged as largest market for nematicides in terms of
consumption. Demand for quality food and decrease in arable land are
expected to drive the market for nematicides in this region. Though,
have been few incidents of registration cancellation in this region,
bio-nematicides demand is expected to drive the market growth. North
America was followed by Europe in terms of consumption of
nematicides.
However,
due to environmental regulations due to hazardous effects of
synthetic nematicides are expected to hamper the market growth in
this region. Asia Pacific is expected to exhibit highest growth rate
in nematicides market in the near future due to growing demand for
food from growing population. Increase in industrialization in
countries such as India and China has decreased total arable land
that is expected to drive the market for nematicides in this region.
Demand for nematicides from Rest of the World regions is expected to
be high especially from Latin America region.
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Market Research Report with ToC & Free Analysis :
Some
of the major players in the nematicides market include BASF SE, Bayer
CropScience AG, Adama Agricultural Solutions Ltd., FMC Corporation,
Monsanto, Syngenta AG, Dow Agrosciences, E.I. DU Pont De Nemours and
Company, Valent among others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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