Nematicides Market

Nematicides Market Size & Growth (2022 - 2027):

Nematicides Market was worth USD 1240.25 million in 2021 and is expected to reach USD 1540.8 million by 2026 with a CAGR of 4.56 %. Nematicides are pesticides used to kill various types of worms like Nematodes. These Nematicides are usually applied in various ways like fumigants and Non-Fumigants. Fumigant Nematicides usually have high volatility and diffuse easily through the soil. Non-Fumigant Nematicides should be mixed carefully with the soil.

Nematicides Market Drivers 

Nematicides increase 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 the 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.

ACARICIDES MARKET REPORT COVERAGE:

Market Segmentation:

Nematicides Market – By Type:

• Fumigants

• Carbamates
• Organophosphates
• Bio-based Nematicides

Nematicides Market – By Form:

• Liquid
• Granular

Nematicides Market – By Application:

• Agricultural
• Non-Agricultural

Nematicides Market – By Mode of Application:

• Irrigation
• Spraying
• Fumigation
• Seed Treatment

Nematicides Market – By Region:

• Asia-Pacific
• Europe
• Latin America
• Middle East, and Africa
• North America

North America dominated the global market in terms of consumption owing to the rising demand for healthy food and a decrease in agricultural lands. Asia-Pacific is expected to be the fastest-growing region owing to the growing demand for food from a large population, and increasing industrialization.

Key Players:

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.