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What Are The Historic and Forecast Market Sizes For The Global Chemical Fungicides Market?
The chemical fungicides market size has shown robust growth in recent years, increasing from $24.14 billion in 2024 to $25.79 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period is attributed to crop yield enhancement, disease resistance management, expansion of agriculture, advancements in chemical formulations, public health concerns, and the globalization of agriculture.
The chemical fungicides market size is expected to demonstrate substantial growth in the upcoming years, reaching $33.65 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. Market globalization and trade dynamics, a shift towards integrated pest management (IMP), the impact of climate change on diseases, the expansion of precision agriculture, regulatory changes, and a focus on sustainability are contributing factors to the forecast period growth. Major trends include the adoption of biological fungicides, precision application technologies, residue management concerns, integrated disease management, and the development of resistance management strategies.
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What Are The Key Growth Drivers In The Chemical Fungicides Market?
The surge in crop diseases is driving the chemical fungicide market forward. Chemical fungicides work to eradicate or hinder the growth of fungi and their spores and are effective against rust, mildew, and other plant-damaging fungi. Consequently, the rising occurrence of crop diseases boosts the demand for the chemical fungicides market.
What Are the Major Segments Within the Global Chemical Fungicides Market?
1) By Product Type: Bio Based Fungicide, Synthetic Fungicide
2) By Form: Liquid, Dry
3) By Active Ingredients: Dithiocarbamates, Benzimidazoles, Chloronitriles, Triazoles, Phenylamides, Strobilurins, Other Active Ingredients
4) By Action: Contact, Systemic
5) By Application: Seed Treatment, Soil Treatment, Foliar Spray, Chemigation, Post-Harvest
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Which Key Companies Are Driving The Chemical Fungicides Market?
Major companies operating in the chemical fungicides market include BASF SE, Bayer AG, Corteva Inc, Syngenta AG, FMC Corporation, UPL Ltd., Sumitomo Chemical Co. Ltd., Nippon Soda Co. Ltd., Isagro S.p.A, Nufarm, ADAMA, Nissan Chemical Corporation, Marrone Bio Innovations Inc., Koppert Biological Systems, Bioworks Inc., STK Bio-ag Technologies, Verdesian Life Sciences, Seipasa S A, Ishihara Sangyo Kaisha Ltd., Nutrichem Co. Ltd., Certis LLC, Valent BioSciences LLC, Stockton Group, Lallemand Plant Care, Albaugh LLC, Rotam CropSciences Ltd., Sipcam Agro USA Inc., Kumiai Chemical Industry Co. Ltd., Arysta LifeScience Corporation, Heranba Industries Ltd.
What Emerging Trends Influencing The Chemical Fungicides Market?
Technological advancements are a key trend gaining popularity in the chemical fungicide market. Major companies operating in the chemical fungicide market are undergoing product innovation to strengthen their position in the chemical fungicide market. For instance, in Aug 2022, Syngenta, a Switzerland – based agrichemical company operating in chemical fungicides introduced TYMIRIUM technology with the registered approval of Argentina.
Which Region Holds The Largest Market Share In The Chemical Fungicides Market?
Asia-Pacific was the dominant region in the chemical fungicides market in 2024. The regions covered in this market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Chemical Fungicides Market Report 2025 Offer?
Chemical fungicides are pesticides effective in eradicating or stopping the growth of fungi and their spores, making them effective against rust, mildew, and other plant-damaging fungi. The Chemical Fungicides Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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