Global Azoxystrobin Market:

Article about Global Azoxystrobin Market:

Published by

Aug 27, 2021

Global Azoxystrobin Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at 9.88% through 2020 to 2026, reaching nearly US$ XX Mn in the forecast period.

Global Azoxystrobin Market

 

The global Azoxystrobin Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Azoxystrobin Market report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Azoxystrobin Market Overview:

Azoxystrobin is the ISO common name of an organic compound that is used as a fungicide. Azoxystrobin is used as a broad spectrum systematic active ingredient. Azoxystrobin is widely used in agriculture to protect crops. Azoxystrobin and other strobilurins hinder mitochondrial respiration by blocking electron transference. Azoxystrobin is a xylem-mobile systemic fungicide with translaminar, protectant, and curative properties in them.
Global Azoxystrobin Market Dynamics:

Azoxystrobin is widely used in the agriculture sector for the protection of crops from insects and other bacteria. Azoxystrobin is having protective and curative properties. In cereal crops, its main outlet is to control diseases is generally about four to six weeks during active steam elongation. Azoxystrobin possesses a broad spectrum of activity in common with other Qol inhibitors.

The Global agriculture industry is dominating the application of Azoxystrobin is forecast to drive the market. The market share of the global Azoxystrobin market was valued at USD 618.5 million in 2020 and is anticipated to reach USD 1035.5 million with a CAGR of 9.88% in the forecast period.

The major restraining factors responsible to hamper the market are the toxicity of Azoxystrobin in a living organism. Azoxystrobin has low acute and chronic toxicity to humans, birds, mammals. And bees and is highly toxic to freshwater fish, freshwater invertebrates, and marine fish, and highly toxic to estuarine/marine invertebrates. Excess inhalation of insecticides can also lead to eye tearing, coughing, heart problems, and breathing difficulties.
Global Azoxystrobin Market Segment Analysis:

By Type, Azoxystrobin Tech 98% Min, Azoxystrobin Tech 95% Min, and Others. Azoxystrobin Technical 98% is dominating the type segment of the Azoxystrobin market. Azoxystrobin is a Fungicide with protectant, eradicate, translaminar and systemic properties. Azoxystrobin Controls the pathogens like Erysiphe graminis, Puccinia spp., Leptosphaeria nodorum, and Septoria tritic that harm crop growth. Azoxystrobin is under toxicity Class III by WHO. The above-mentioned properties of Azoxystrobin are driving the market growth of Azoxystrobin in the forecast period.

Global Azoxystrobin Market

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By Application, Cereals and Grains, Fruits and Vegetables, Oilseeds and Pulses, and Others. The cereals and grains segment is dominating the application segment of the Azoxystrobin market. Important diseases control by Azoxystrobin includes leaf spot, rusts, powdery mildew, downy mildew, net blotch, and blight. Worldwide, azoxystrobin is registered for use on all-important crops and their protection.

In Europe, the use of Azoxystrobin is registered for wheat, oats, soy, cotton, rice, barley, rye, and fruits like strawberry, peas, beans, onions, and various other vegetables. This improves the yield in farming and harvesting crops. The cost-benefits of analysis by the end-user sets the maximum price which the supplier can demand. The price of pesticides and fungicides keeps on fluctuating as per the market demand and situation.

Global Azoxystrobin Market
Global Azoxystrobin Market Regional Insights:

Global Azoxystrobin Market Regional Insights is segmented into North America, Asia Pacific, Europe, Latin America, Middle East, and Africa.

The Asia Pacific is dominating the Azoxystrobin Market and is estimated to grow further in the forecast period. As the countries in the region are developing the agriculture sector in the region is rising and creating more demand for pesticides and fungicide for crop protection. The demand for Azoxystrobin is higher in countries like China, India due to cultivate and harvest better crops and the rising demand for food in the Asia Pacific due to increasing population is further boosting the market growth of Azoxystrobin in the forecast period.

The agriculture market of Asia Pacific was valued at USD 120.9 Million in 2020 and is estimated to reach USD 652 million with a growing CAGR of 27.6% in the forecast period.

Azoxystrobin use is approved globally for crop protection in a variety of vegetables like asparagus, broccoli, onion, carrots, cauliflowers, cabbage, potatoes, rye, vining peas, and wheat in countries like the UK, Canada, and Mexico.

Global Azoxystrobin Market

The objective of the report is to present a comprehensive analysis of the global Azoxystrobin Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Azoxystrobin Market dynamics, structure by analyzing the market segments and project the global Azoxystrobin Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Azoxystrobin Market make the report investor’s guide.

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Global Azoxystrobin Market Scope: Inquire before buying

Global Azoxystrobin Market
Global Azoxystrobin Market, by Region

• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
Global Azoxystrobin Market Key Player

• Syngeta
• KMC corporation
• Hangzhou Tianlong Biotechnology Co., Ltd.
• Celanese Corporation
• Zhejiang Rayfull Chemicals Co., Ltd.
• Limin Group Co., Ltd
• NutriChem
• SULI CO. LTD
• Shanghai Heben-Eastsun Medicaments Co,ltd
• Hangzhou Udragon Chemical Co. Ltd
• Jiangsu Flag Chemical Industry Co, Ltd
• Jiangsu Frey Battery Technolog Co, Ltd
• Chemos Gmbh & Co.KG
• Jinan Glyline Chemical Co

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