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Fluopyram Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
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COVID-19
Pandemic disrupted the entire world and affected many industries.
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Fluopyram, chemically known as pyridinyl ethylbenzimides, is an organic compound that represents a broad group of fungicides. Fungicide contains preventive and systematic properties to control several diseases found in crops. Fluopyram is an active reagents and it penetrates the mitochondria of the microorganisms preventing the further growth of the fungus on the plant body. It is extensively used in the agricultural industry across the world as an effective fungicide to protect the crops against fungal infections and also to maintain the quality of the crops.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Purity, Application and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa (Saudi Arabia, UAE, Kuwait, South Africa, and Rest of MEA) |
Companies covered | Bayer CropScience AG, Sigma-Aldrich International Gmbh, Hangzhou Dayanchem Co. Ltd., U-Chemo Holding Co. Ltd., JeiJei group Co. Ld., Amadis Chemica Co. Ltd., ASCA gmbH, Shandong Weifang Rainbow Cgemical Co. Ltd., Furun and BASF. |
COVID-19 scenario analysis:
The outbreak of the corona virus pandemic across the globe has severe effects on the fluopyram market.
- The small and medium scale manufacturers in the agricultural sector are affected to a great extent in response to the downfall of the economy caused by the pandemic. As a result, the consumption of overall fungicides where fluopyram is one of the product family witnessing declining demand trend.
- The nationwide lockdowns imposed by the government of different nations resulted in a disruption of supply chain for the distribution of products to the markets. This has caused a great damage in the agricultural sector and thereby affecting the fluopyram market.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The rapid growth in the agricultural sector coupled with rise in concerns about pathogen affecting the productivity of the crops has fueled the demand for fluopyram across the globe. Diseases caused by micro-organisms on plants may lead to expensive losses in the productivity of crops. As a result, fungicides are applied to prevent the crops from infections. Among the wide variety of fungicides available in the market, fluopyram is found to be more effective than the others. It can be easily applied on the soil or can be sprayed using aerial equipment. The warm and moist weather that favors and the growth of most of the crops also boost the spread of fungal diseases such as sclerotinia, powdery mildew, grey mold and others. Fluopyram is applied on the specialty crops to prevent them from the microorganisms and also to increase the productivity and the quality of the crops. However, the lack of awareness about the superior effects of fluopyram in most of the underdeveloped areas likely to restrict the growth of the fluopyram market. Nonetheless, the changing food habits of the consumers and the shift toward having more healthy and nutritious food such as fruits and vegetables, is expected to escalate the demand for better quality crops and thereby, boost the demand for fluopyram in the market.
The market in the Asia-Pacific region holds a major share of the fluopyram market owing to the massive agricultural sector and the rising demand for crops in the growing economies including India and China. The increase in disposable income has resulted in an increased demand for fluopyram in the agricultural industry. Moreover, the rapid growth of the horticulture industry also contributing to the growth of the fluopyram industry in the in the Asia-Pacific region. The agricultural market in the North America region is expected to grow at a significant pace with the changing food habit of consumers and a shift toward fruits and vegetables and this will lead to the growth of the fluopyram market in the region.
Key segments covered:
Segments | Sub-segments |
Purity | • Purity 96% • Purity 41.7% |
Application | • Rice • Fruit • Others |
Key benefits of the report:
- This study presents the analytical depiction of the global fluopyram industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global fluopyram market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global fluopyram market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global fluopyram market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Fluopyram Market research report:
- Which are the leading market players active in the fluopyram market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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