Asia Pacific nematocide market is expected to reach USD 602.60 million in 2024 and reach USD 743.80 million by 2029, growing at a CAGR of 6.3% from 2024 to 2029.
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the farming industry. A nematocide is a kind of chemical pesticide which is used to get rid of plant-parasitic nematodes. Nematocides are known to be broad-spectrum toxic substances which have high volatility and other features which promote the migration through the soil.
Increasing industrialization that has resulted in decrease of arable land is predicted to propel the market for nematocides. Hence the demand for high yielding crops has risen to. Also, rising population leading to greater food demand is estimated to drive the market growth. Moreover, the awareness of the benefits of nematicides is also responsible for the prospering market. However, environmental restrictions are predicted to hinder the market growth.
This research report on the Asia Pacific nematocide market is segmented and sub-segmented into the following categories:
Asia Pacific Nematocide Market - By Product:
Asia Pacific Nematocide Market - By End Users:
Asia Pacific Nematocide Market – By Country:
On the basis of geography, the Asia Pacific market is analysed under the regions namely India, China, Japan and South Korea. The Asia Pacific Nematocide Market is expected to show the highest CAGR during the forecast period due to developing countries like China and India.
KEY MARKET PLAYERS:
ASF SE, Bayer CropScience AG, Adama Agricultural Solutions Ltd, FMC Corporation, Monsanto, Syngenta AG, Dow Agrosciences, E.I. DU Pont De Nemours and Company, Valent. These are dominating market players in the Asaia Pacific nematocide market.
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