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Carbendazim Market 2017 Comprehensive Analysis, Industry Survey, Growth and Major Policies Report

Press Release   •   Jan 18, 2017 18:23 IST

Fungicides refer to the biocidal chemical compounds used to hinder the growth of fungi and their spores, which are readily used to control the damage caused due to blights, rusts, molds, and mildews. In the fruit and agricultural crops industry, carbendazim is among the most commonly used fungicides to prevent the growth of fungi. It also finds application in the production of several citrus fruits such as pomelo, orange, citron, etc. besides several other crops and fruit trees. The necessity of carbendazim is driven by the significant curtailment of the crop that can be caused due to fungal growth. Additionally, fungal growth on fruits also affects the quality aspects, and makes them inappropriate for consumption. Carbendazim is also used to control a broad spectrum of diseases that affect fruits, vegetables, oilseeds, and oilseeds.

Carbendazim is applied to plants through drip irrigation method to the soil either in form of solution or suspension. This restricts the present and future growth of fungi through soil. Considering the impact of fungi on agricultural produce, the demand for carbendazim is expected to grow, thus propelling the carbendazim market. Due to these factors, the need to control fungi for the proper yield of crops and fruits is almost imperative, and hence the demand in the global market for carbendazim is escalating, and is projected for a healthy CAGR during the forecast period of 2017 to 2025. The report is a comprehensive analysis of the market, which is meant to serve as an asset to the existing and new players in this market.

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Global Carbendazim Market: Trends and Prospects

The constant striving by the developed countries to maximize the agricultural output from the available arable land is urging several players to invest in the development of effective products. This is the primary factor driving the growth rate in the market. Since carbendazim is also used to protect the stored food, the increase in the effectiveness of fungicides is paramount. Carbendazim is commonly sold along with other fungicides such as triazoles and dithiocarbamates. Conversely, the unforeseen effects of carbendazim on human beings are anticipated to affect the demand to a certain extent.

Global Carbendazim Market: Regional Outlook

The report finds that Europe and North America currently contribute to the maximum demand for carbendazim, although with the surge in agricultural output across the globe and intensifying environmental regulations in developed regions, the demand for carbendazim is expected to significantly increase from the region of Asia Pacific during the forecast period. The primary reason of escalating demand for fungicides in the Asia Pacific countries of China, India, and the region of Latin America is a reflection of constantly increasing population in these parts, which is necessitating a better yield to fulfill the increasing food demand.

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The major manufacturers in the global carbendazim market include Syngenta AG, BASF SE, Troy Corporation, The Dow Chemical Company, Adama Agricultural Solutions Ltd., Bayer Cropscience AG, E. I. duPont de Nemours and Company and FMC Corporation.

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
    Market trends and dynamics
    Supply and demand chain of the market
    Market valuation (revenue and/or volume)
    Key trends/opportunities/challenges
    Forces defining present and estimated future state of the competitive landscape
    Technological developments
    Value chain and stakeholder analysis

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The regional analysis covers:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
    Recent developments in the market’s competitive landscape
    Detailed analysis of market segments up to second or third level of segmentation
    Historical, current, and projected future valuation of the market in terms of revenue and/or volume
    Key business strategies adopted by influential market vendors
    Outline of the regulatory framework surrounding and governing numerous aspects of the market
    Growth opportunities in emerging and established markets
    Recommendations to market players to stay ahead of the competition

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