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SOURCE Research and Markets
DUBLIN, July 7, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/rswf42/fungicides_market) has announced the addition of the "Fungicides Market by Type, by CROP Type, & by Geography - Global Trends & Forecasts to 2019" report to their offering.
The global market for fungicides, owing to its significant impact not only on human health but also on the environment, is a highly regulated market. The European Union and North American government agencies strictly monitor the chemicals utilized in the manufacturing of these fungicides. These organizations issue restrictions on particular chemicals from time to time, after conducting detailed research related to their impact on human health and environment. These restrictions themselves accelerate the research and development efforts of key players to introduce advanced and more environment-friendly fungicides to their customers.
The fungicides market has reached saturation levels in the European and North American regions, while it is expanding in emerging economies such as the Asia-Pacific, Middle East, and Latin American regions.The global fungicides market has witnessed an impressive growth in the recent years in spite of several restrictions from monitoring agencies. This is due to the extensive investments in research and development efforts carried out by key players such as Bayer CropScience (Germany), BASF (Germany), Syngenta (Switzerland), and DuPont (U.S.). This research and development has led to innovation of novel products that are more environment-friendly and effective against a number of lethal fungi.
The North American and European markets have witnessed saturation due to several restrictions as well as the shift of farmers towards organic farming. The Latin American region is projected to grow at the fastest CAGR of 5.7% from 2014 to 2019. This trend is attributed to the increasing demand for fungicides in countries such as Brazil and Argentina, where agriculture is one of the key occupations.
It was observed that an increased competitive supply of fungicides, agronomic needs, and supportive crop economics are likely to lead to an inflated growth in the global consumption over the next few years. The same is expected to streamline manufacturers' operations to maximize their profits by expanding their market share with various strategies.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Technical Overview
6 Automotive Exhaust Systems Market, By Vehicle Type
7 Automotive Exhaust Systems Market, By Fuel Type
8 Automotive Exhaust Systems Market, By Region
9 Automotive Exhaust Systems, By After-Treatment Devices
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/rswf42/fungicides_market
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