Lucintel Forecasts the Global Triazole Fungicide Market to Reach $ 5.2 billion by 2030.


Posted October 30, 2023 by Lucintel

"According to a market report by Lucintel, the future of the global triazole fungicide market looks promising with opportunities in the field crop, fruit tree, and vegetable applications

 
"According to a market report by Lucintel, the future of the global triazole fungicide market looks promising with opportunities in the field crop, fruit tree, and vegetable applications. The global triazole fungicide market is expected to reach an estimated $5.2 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing demand for crop protection, growing awareness of the importance of food safety, and rising incidence of fungal diseases among crops.

A more than 150 – page report is developed to understand trends, opportunity and forecast in triazole fungicide market to 2030 by type (propiconazole, tebuconazole, difenoconazole, and others), application (field crops, fruit trees, vegetables, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, propiconazole, tebuconazole, and difenoconazole are the major segments of triazole fungicide market by type. Lucintel forecasts that propiconazole is expected to witness highest growth over the forecast period due to its efficiency in preventing a range of fungal infections in plants and crops.

Within this market, field crop will remain the largest segment due to increasing demand for triazole fungicides from farmers and growers to combat several fungal infections in these crops.

APAC is expected to witness highest growth over the forecast period due to the presence world's largest agricultural sector and high demand for crop protection products in the region.

BASF, Marrone Bio Innovations, ADAMA, Nufarm Canada, Nippon Soda, Dow, and SEIPASA are the major suppliers in the triazole fungicides market.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags triazole fungicide market
Last Updated October 30, 2023