Asia-Pacific Nematicides Market has been estimated at USD 281.05 million in 2021 and is projected to reach USD 341.18 million by 2026, at a CAGR of 5.8% during the forecast period from 2022 - 2027.
Nematicides are a type of pesticides used to kill plant parasitic Nematodes. Nematicides are generally two types namely Synthetic and Bio Nematicides. Use of Bio Nematicides is growing tremendously in recent years owing to the increased awareness of adverse effects of Synthetic nematicides on environment.
Drivers and Restraints of Asia-Pacific Nematicides Market:
Nematicides increases the fertility of the soil aside from protecting plants from parasites. This trait is driving the market significantly owing to the decreasing Agricultural lands because of the growing industrialization. Increasing prevalence of infections, rising investments from administration bodies for agricultural purposes are driving the Nematicides Market. However, Environmental Hazards caused by synthetic Nematicides is restricting the growth of the market.
Asia-Pacific Nematicides Market - By Type:
Asia-Pacific Nematicides Market - By Form:
Asia-Pacific Nematicides Market - By Application:
Asia-Pacific Nematicides Market - By Mode of Application:
Geographically, market is segmented into
Asia-Pacific is expected to be the fastest growing region owing to the growing demand for food from large population, and increasing industrialization.
The key players in this market are BASF SE, Bayer CropScience AG, The Dow Chemical Company, E.I. Du Pont De Nemours and Company, and Monsanto Company. The other companies which are profiled are Syngenta AG, FMC Corporation, Adama Agricultural Solutions Ltd., Ishihara Sangyo Kaisha Ltd., and Valent Corporation.
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