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a total of 22 players


SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “SDHI Fungicides – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.


SDHI Fungicides

FACTS AT A GLANCE
Edition: 7; Released: September 2021
Executive Pool: 2956
Companies: 22 – Players covered include Arysta LifeScience Corporation; BASF SE; Bayer CropScience AG; Certis Europe B.V.; Corteva Agriscience, A DowDupont Company; FMC Corporation; Isagro S.p.a.; Syngenta AG and Others.
Coverage: All major geographies and key segments
Segments: Type (Boscalid, Fluopyram, Penthiopyrad, Fluxapyroxad, Isofetamid, Other Types)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global SDHI Fungicides Market to Reach US$3.4 Billion by the Year 2027
Succinate Dehydrogenase Inhibitor (SDHI) fungicides play a critical role in protecting plants from numerous fungal diseases and infections. SDHI fungicides that come with active ingredients like fluopyram, boscalid, penthiopyrad, and fluxapyroxad are growing as effective measures against various crop diseases like gray mold. Growth in the global market is set to be fueled by the emergence of advanced products for crop protection. The issue assumes greater significance as there has of late been an increasing demand for providing and ensuring food protection to ensure the safety of a fast growing global population and for increasing the productivity of arable land worldwide. Rising global development and urbanization have reduced the total volume of arable land globally, which again will propel the market’s growth. SDIF fungicides have been effectively used to control turfgrass diseases and also in other resistance management initiatives. Increasing agricultural trade also has contributed to the growth of products for crop protection.

Amid the COVID-19 crisis, the global market for SDHI Fungicides estimated at US$2.2 Billion in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2026, growing at a CAGR of 7.6% over the analysis period. Boscalid, one of the segments analyzed in the report, is projected to grow at a 6.2% CAGR to reach US$872.4 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fluopyram segment is readjusted to a revised 8.8% CAGR for the next 7-year period. This segment currently accounts for a 20% share of the global SDHI Fungicides market. Boscalid, a new range of fungicide, is an odorless white crystalline solid mainly intended for use on food crops. Boscalid fungicide controls a diverse range of plant pathogens in broadacre and horticultural crops. Rising demand for high-quality fungicides from crop growers across the world is poised to inflate the demand for boscalid in the next few years. Fluopyram is a broad-spectrum fungicide formulated to suppress a broad array of deuteromycete and ascomycete diseases in many horticultures and arable crops. Rapidly changing lifestyle trends and health concerns associated with processed food are anticipated to steer the demand for farm produced fruits and vegetables over the coming years. The scenario in turn is expected to drive the market for fluopyram.

The U.S. Market is Estimated at $604.5 Million in 2021, While China is Forecast to Reach $392.5 Million by 2026
The SDHI Fungicides market in the U.S. is estimated at US$604.5 Million in the year 2021. The country currently accounts for a 26.1% share in the global market. China, the world’s second largest economy, is forecast to reach an estimated market size of US$392.5 Million in the year 2026 trailing a CAGR of 8.2% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 8.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR while Rest of European market (as defined in the study) will reach US$422.7 Million by the end of the analysis period. Europe dominates the SDHI fungicides market as there have been growing concerns in Spain about the Botrytis cinerea. Gray Mold Decay has always been a major crop malady, particularly in some European nations, especially Spain. The disease causes pre and post-harvest decay in grapes, simultaneously affecting other unrelated components and crops. SDHI fungicide is applied post-harvest to tackle the situation. The US is also a major for SDHI fungicides due to an increasing food demand in the region and for crop security.

Penthiopyrad Segment to Reach $600.7 Million by 2026
Penthiopyrad is a carboxamide fungicide formulated to control a wide spectrum of diseases on a broad variety of corps. Penthiopyrad is intended for control of fungal diseases such as powdery mildew, botrytis, various scab diseases, rots, and blights. In the global Penthiopyrad segment, USA, Canada, Japan, China and Europe will drive the 8.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$284.8 Million in the year 2020 will reach a projected size of US$498.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$55.6 Million by the year 2026. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.





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she’s already getting a prenup

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