Fungicides Market Size, Share & Trends and forecast 2024-2032| Sumitomo Chemical Co. Ltd (Japan), PI Industries (India), FMC Corporation (USA),ADAMA Ltd. (Israel)
The Global Fungicides Market size is expected to grow from USD 20.45 billion in 2022 to USD 28.64 billion by 2030, at a CAGR of 4.3% during the forecast period (2023-2030). Fungicides are the type of pesticides that are widely used to kill fungi and fungi spores, control rust, mildew, and blights, and prevent crops from any fungal infection. The rising demand for fungicides is found majorly in high-value crops, such as grapes, pome fruits, cotton, tomato, maize, and other ornamental & vegetable crops, as they help in improving crop quality and yield. The increasing prevalence of various harmful crop diseases, changes in environmental conditions, rising health concerns among farmers, and growing awareness regarding the benefits of using fungicides are driving factors in the fungicides market. Top Key Players in Fungicides Market: Sumitomo Chemical Co. Ltd (Japan), PI Industries (India), FMC Corporation (USA), ADAMA Ltd. (Israel), BASF SE(Germany), UPL(India), Bayer AG (Germ