The global Iprodione Market is projected to grow at a CAGR of 7.32% during the forecast period 2022 to 2030.
Iprodione Market Overview:
Iprodione is a colorless, odorless, nematicide and hydantoin fungicide used in the agricultural industry. Iprodione treats crops infected with Botrytis rot, Sclerotinia brown rot and other fungal diseases. The major growth factors for the global iprodione market are growing agricultural practices internationally, emphasis on increasing crop yields from available arable land, growing global population, and increasing government initiatives across the globe. In addition, increasing use of iprodione in developing countries such as China and India will create new prospects for global demand for iprodione. The vegetable segment accounted for the largest market share in 2020 in the Iprodione market and is projected to grow at a CAGR of 4.6% during the forecast period. Iprodione is used as a touch fungicide to prevent fungal mycelium growth and inhibit fungal spore germination. It is used on fruit and vegetable crops infected with various fungal diseases. Sometimes used as medical supplies.
Iprodione market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Iprodione market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
Significant Iprodione Market Dynamics and Growth Factors:
increase in agricultural activity:
Growing global population, especially in developed countries, is a key driver of global demand for Iprodione. Therefore, the agricultural industry emphasizes the expansion of the holistic development of agriculture. Also, because arable land is limited, farmers are focusing on increasing crop yields on arable land by using various forms of fungicides, fertilizers and pesticides. Moreover, to tap its enormous business potential, most of the major players operating in the Iprodion market are giving preference to emerging economies. To meet the rapidly growing demand for iprodione, these companies are setting up production facilities in developing countries.
Increased demand to control fungal diseases:
There are many fungal diseases such as botrytis mass rot, Sclerotinia brown rot, etc., which help to eliminate and control fungal diseases that cause great damage to vegetables and fruits. As iprodione does not harm beneficial insects, the demand for iprodione for controlling fungal diseases is expected to increase. Fungal diseases damage farmers' food supplies, property, health and livelihoods. To protect food supplies and meet the needs of a growing population, farmers are turning to iprodione, which aims to kill fungal diseases.
Growing demand for bio-based chemicals serves to restrain the market:
Bio-based chemicals are a new generation of crop protection products made from crops, livestock, bacteria and certain minerals. They are environmentally friendly, simple to use, and provide the same benefits as iprodione in smaller doses. Public support and awareness-raising for the use of non-toxic, eco-friendly pesticides will boost the bio-based industry. Governments of several countries have initiated projects to promote the creation and use of bio-based due to factors such as low levels of toxicity and increased safety and efficiency provided by pest control.
The Iprodione market research report is categorized based on type, applications and region.
Market Key Players:
Star Crop Science, Nulandis, Nanjing Essence Fine-Chemical, Jiangxi Heyi, Jiangsu Lanfeng, Henan Guangnonghuize, Enviro Bio Chem, Bayer, Dow AgroSciences, BASF SE, Dupont De Nemours & Company, Syngenta AG, and others.
Geographically, the global Iprodione market has been analysed in various regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).
APAC dominated the Iprodione market share with more than 49%, followed by North America and Europe. Asia Pacific is expected to be the fastest-growing market in the coming years for iprodione and other forms of fungicides and nematicides. The main reason for the increase in demand is fungicides and nematicides, especially iprodione, in countries such as Indonesia, Malaysia, Thailand, China, India and Southeast Asia. continuously growing population. Iprodione's Asia Pacific market is expected to expand rapidly. According to the India Brand Equity Foundation, agriculture is the main livelihood for around 58% of India's population. The agricultural export facility has set a goal of increasing agricultural exports to more than $60 billion by 2022.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Iprodione Market report scope
Key Takeaways from this Iprodione Report
- Estimate Iprodione market potential through analysing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
- Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
- Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
- Get a quick viewpoint on the Iprodione market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
- Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
- Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Study the sales and distribution channels over key geographies to improve top-line revenues.
Frequently Asked Questions
What is the CAGR of the global Iprodione market?
The Iprodione Market is growing at a CAGR of 7.32% During Forecast Period.
Which region would offer high growth for vendors in the Iprodione market?
APAC dominated the Iprodione market share with more than 49%.
Which Is the Most potential market segment?
By Types- SC, WP, EC, WG and Others
By Applications- Fruits, Vegetables, Others
Which are the top industry players in the Iprodione market?
Star Crop Science, Nulandis, Nanjing Essence Fine-Chemical, Jiangxi Heyi, Jiangsu Lanfeng, Henan Guangnonghuize, Enviro Bio Chem, Bayer, Dow AgroSciences, BASF SE, Dupont De Nemours & Company, Syngenta AG