Market Overview:

The Global Fluazinam Market Was Valued At USD 20.8 Billion In 2022. It Is Projected To Reach USD 33.4 Billion By 2030, Recording A CAGR Of 6.1% During The Forecast Period. 

Fluazinam is a broad-spectrum fungicide that is often used in farming. It is a type of diarylamine called an arylaminopyridine. The chemical name for fluazinam is 3-chloro-N-(3-chloro-2,6-dinitro-4-trifluoromethylphenyl)-5-trifluoromethyl-2-pyridinamine, and its use as a disinfectant is becoming more well-known as it spreads around the world.

The FAO says that a fungicide is a chemical that kills fungi without being too picky about which ones. Most fungicides start to work right away, but they don't kill fungi until they've been in contact with them for a long time. Fungicides are essential to food security around the world, and their use is expected to grow. The fungicides market is growing quickly because there is more demand in developing countries, crop protection products are easy to get, more land is being used to grow high-value cash crops like fruits and vegetables, and more people need food because there are more of them.

Market Dynamics:

Market Trends:

• Increased Emphasis on Ensuring Food Security and Preventing Malnourishment

The "Zero hunger" strategy, which aims to end hunger and malnutrition by 2030, has fallen behind its goals. Because of the global pandemic COVID-19 and the extreme weather conditions in some parts of the world, food supplies are in danger. According to a report from the UN Food and Agriculture Organization, the number of people who were not getting enough food rose from 8.4% in 2019 to 9.9% in 2020. So, governments in different countries are putting in place different programs to help farmers use the newest products and technologies to increase their yield. These strategies help to get farmers to buy more of the products.

Driving Factors:

• Introduction of Novel Products Will Fuel Adoption of Fungicides

As the world's food structure and cropping patterns change, more land is being used to grow fruits and vegetables. Because of this, there is also a growing need for fungicides with new active ingredients. For example, in 2019, the U.S. Environmental Protection Agency gave BASF, a big company that makes chemicals for farms, approval for its new fungicides with the active ingredient "Revysol" (EPA). Also, in 2021, the U.S. Environmental Protection Agency (EPA) gave FMC Corporation permission to register fluindapyr, which can be used on both specialty crops and turfs. Due to the fact that more and more diseases are becoming resistant to strobilurin fungicides, companies are focusing on making strobilurins that work well with their other products.

• Outbreak of Several Diseases to Skyrocket Demand for Products

Changes in climate are a big problem for farming all over the world. Changing the weather has a big effect on crop production, and crops are more likely to get sick or be eaten by bugs when the weather changes. This, in turn, affects the health of the crops and changes how farming is done. Also, scientists have known for a long time that seasonal changes in temperature, rain, and humidity affect the diseases that cause a lot of crop loss. So, a change in temperature and an increase in the amount of moisture in the air cause fungi to grow and dangerous fungal diseases to spread. This makes the use of fungal pesticides even more important, which helps the market grow.

Restraints/Challenges:

• Growing Resistance to Active Ingredients May Hamper Growth

Chemical pesticides are the most popular way to protect crops because they are cheap and easy to use. When these products were used on all of the crops, they had a lot of bad effects. For example, the use of these products on crops could hurt Tirchoderma, Arbuscular Mycorrhyzal Fungi, and other good microorganisms that are not the target.

Also, using these products on crops over and over again could cause the fungus on the crops to become resistant to the products. For example, fungicides no longer worked on Botrytis cinerea, a grey mold that grows on fruits and vegetables. There are also a number of other fungi that have become resistant to fungicides. This is the main thing that keeps people from using fungal pesticides to protect crops.

• Risk of Exceeding MRL’S

More and more farmers are worried about the lowering of the maximum residue levels, or MRLs. The highest amount of pesticide residue that is legally allowed in food or feed products is called the "maximum residue level." MRL laws are watched all over the world, so farmers have to make sure they follow them by buying products that help them lower the residue levels. Because of this, farmers have been using integrated pest management practices to control fungi and cut down on the amount of fungicides they use.

The use of fungicides gives farmers more eco-friendly benefits because it makes them less dependent on crop protection products and reduces the amount of chemical products and phytotoxicity that the soil is exposed to. Due to spray drift, nearly 4,000 square feet of soil treatment and protection products are used when spraying is done from the air. When biological solutions are used, on the other hand, this level of exposure drops to about 24 square feet.

So, the need to reduce the amount of soil that is exposed to crop protection products helps a lot to lower the risk of going over the maximum levels of residue. The MRL is a key factor that is checked all over the world. Because of this, biologicals can be used to manage it well. It also helps growers get a better price for their goods on both the domestic and international markets.

• Higher Resistance to Crop Protection Products

Growers have cut back on good farming practices like crop rotation and controlled use of fungicides within dosage limits so they can make more money. Soybean rust, for example, has been a problem for Brazilian farmers since it was first found there during the sowing season of 2000/01. Researchers and farmers had to work for a long time to come up with effective ways to limit the damage caused by the disease. But recently, farmers and scientists have seen a rise in resistance to these diseases and a new type of them. Since similar fungicides have been used more and more over the years, fungi have quickly learned to resist them. This has made it hard for the market to grow in many ways.

Opportunities:

• Need for Soil Replenishment Caused by Limited Crop Rotation Practices due to Rise in Harvesting GM Crops

Crops and plantations use the nutrients in the soil, which makes the soil less nutritious over time. They also create a place where crop-specific pathogens can thrive. So, in the past, crop rotation was the only way to get rid of disease-causing organisms in the soil and help it get more nutrients. But the high demand for some crops around the world and their high market value have made crop rotation less common.

To make the most money, farmers focus on growing crops with high economic value. Because of this, the soil becomes less nutritious, and pathogenic plants grow well in these conditions. For example, in order to make more money, crop protection isn't done as much in Eastern European countries. This has led to less nutrients in the soil and more fungal diseases that spread through the soil in Russia and Ukraine, where sunflowers are grown. In the end, this has made more people want to buy products that treat seeds. These treatments give seeds the nutrients and protection they need and reduce the negative effects of limited crop rotation.

• Rise in Adoption of Organic Farming

In places like Europe and the U.S., the demand for organic food products has grown a lot in recent years. This, in turn, has made growers want natural products that don't use chemicals, like bio-fungicides. According to reports from the UN Food and Agriculture Organization, organic farming is done in about 187 countries around the world. As the amount of land used for organic farming grows, companies are coming out with biofungicides to meet the growing demand in the field. In 2021, Syngenta released "BotriStop," a biofungicide, in Peru and Mexico.

Strategic Development:

• In 2021 - Syngenta said that a new disinfectant called Miravis Prime, which has fluazinam as one of its active ingredients, will come out. It is made to protect crops like potatoes, grapes, and vegetables very well against a wide range of fungal diseases.
• In 2020 - FMC Corporation said that it had bought the Fluagenam fungicide product line from ISK Biosciences Corporation. With this purchase, FMC can add more crop protection products to its line and strengthen its position in the global market for fungicides.
• In 2019 - BASF SE came out with a new disinfectant called Revysol. One of its active ingredients is fluazinam. It is made to protect crops like grains, fruits, and vegetables from a wide range of fungal diseases for a long time.
• In 2018 - ADAMA Ltd. came out with a new disinfectant called VIRTUE 280 SC. One of the ingredients in this product is fluazinam. This product is made to protect grapes and vegetables effectively from different fungal diseases.
• In August 2022 - Syngenta started selling the TYMIRIUM technology platform brand. It is a new technology for using nematicides and fungicides on seeds and in the soil. It is easy to use and does a good job of getting rid of nematodes and diseases caused by fungi.
• In May 2022 - Corteva Agriscience released Zorvec Encantia, a new fungicide for potatoes that targets late blight, a harmful pathogen that is currently threatening local potato growth.
• In May 2022 - UPL bought OptiCHOS, a fungicide made from natural ingredients, for its Natural Plant Protection (NPP) business unit. This will help the company grow globally by giving it more products to sell.
• In September 2021 - Corteva and Gaiago made a deal to make and sell biofungicide solutions around the world. Through this deal, Corteva got the right to test and sell a new biofungicide technology that can help protect grapevines, potatoes, and vegetables from pathogens.

Key Vendors:

Top market players are

• Ishihara Sangyo Kaisha (ISK)

Industrial chemicals are made and sold by the company ISHIHARA SANGYO KAISHA LTD. It runs its business in three different areas: inorganic chemicals, organic chemicals, and other businesses.

• ADAMA

Adama Ltd (Adama), which used to be called Hubei Sanonda Co Ltd and is now a part of China National Chemical Corp, helps protect crops. The company creates, makes, and sells crop protection products that are no longer under patent. Adama's product portfolio includes herbicides, insecticides and fungicides.

• FMC Corporation

FMC is an agricultural sciences company that improves farming by making crop protection technologies that are new and good for the environment. They are passionate about giving growers all over the world new ways to solve problems, from the industry-leading discovery pipeline to unique application systems and modern biological products.

• Syngenta

Syngenta is one of the best agriculture companies in the world. The goal is to help feed the world in a safe way while taking care of the environment.

• Nufarm

Nufarm Ltd., or "Nufarm," is a company that makes and sells crop protection solutions and seed technologies. It makes herbicides, insecticides, and fungicides, among other things. The company's products for treating seeds protect them from insects, fungi, and diseases and treat the damage they cause.

• Zhejiang Hetian Chemical

Zhejiang Hetian Chemical Co.,Ltd. is a company that researches, makes, and sells pesticides. In 2008, it became a member of the SINOCHEM GROUP.

• Shandong Sino-Agri United Biotechnology

Shandong Sino-Agri United Biotechnology makes and sells chemicals used in farming.

• Shandong Luba Chemical

Shandong Luba Chemical Co., Ltd. is a company that sells Pyridine, Agriculture, Chemical engineering, and more. Shandong Luba Chemical Co., Ltd. is based in Shandong Sheng, which is in China. In 1997, Shandong Luba Chemical Co., Ltd. was set up. Shandong Luba Chemical Co., Ltd. holds 18 patents in total.

• Zhejiang Rayfull Chemicals

Zhejiang Rayfull Chemicals Co., Ltd. is a private company that has been around since 2001. It is a leading producer and formulator of agrochemicals in China and was founded as a basic manufacturer in 2001. RAYFULL has long-term business relationships with many of the world's best companies and works closely with the Chinese Ministry of Agriculture and the scientific research departments of the world's best universities.

• Zhejiang Yingxin Chemical

Zhejiang Yingxin Chemical Co., Ltd. was founded in 2009 and used to be a subsidiary of Nutrichem. It is in Shangyu city, Zhejiang province, near Shanghai port and Hangzhou. Yingxin Chemical is a leading high-tech company with two factories. They do synthesis, analysis, engineering, process improvement, and have a strict EHS system. They sell agrochemicals, aroma chemicals, and chemical intermediates to customers all over the world.

• Zhongshan Chemical

Zhejiang Zhongshan Chemical Industry Group Co.,Ltd. is one of the most important companies in the world that makes agrochemicals.

Segmentation Analysis:

The market is segmented on the basis of type, crop type, application and region.

By Type Outlook:

Chemical and biological goods are both on the market.

Chemically made fungicidals, also called synthetic fungicides, can kill or stop the growth of fungi and their spores. They are biocides. Most people prefer chemical fungicidal products over biological ones because they work right away to stop the growth of fungi. Also, chemical fungicides can cover a large area because they have a high concentration of active ingredients. Growers all over the world like dithiocarbamates, triazoles, inorganic fungicides, strobilurins, and chloronitriles the best when it comes to chemical fungicides. The oilseeds, pulses, and fruits and vegetables industries use these triazole, chloronitrile, and dithiocarbamate products a lot.

Chemical fungicide products are also very stable and easy to find on the market. These are two of the most important reasons why this segment is so big.

But the bio fungicide products segment is expected to grow faster because there is more demand for organically grown fruits and vegetables and the government has strict rules about how much residue can be left on crops that people eat.

• Chemical
• Triazoles
• Dithiocarbamates
• Strobilurins
• Inorganics
• Chloronitriles
• Others
• Biological

By Crop Type:

Cereals, oilseeds, pulses, and fruits and vegetables are some of the types of crops on the market.

The cereals segment used a lot of fungicide products, which can be explained by the high rate of application per hectare and the large amount of land that was harvested. Also, corn, wheat, and rice are important foods in places like the United States, Europe, and the Asia-Pacific. So, a rise in the demand for cereal crops would lead to a rise in their production, which would increase the need for products that kill fungi. Also, according to the Food and Agriculture Organization, 715.39 million hectares were used to harvest cereals in 2018. (FAO). This large amount of land that was harvested shows that there is a lot of demand for new fungicidal crop protection products.

• Cereals
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

By Application Outlook:

By method of application, the market has foliar, chemigation, seed treatment, and other types.

There are different ways to put fungicides on plants. However, foliar treatment is most often chosen in all areas. Foliar treatments are often chosen because they are easy to use and don't need a lot of water per hectare. Farmers can make more money because the amount they need per hectare is less. This saves them money on inputs and keeps their crops from getting damaged. In addition, the foliar application covers the plant's weak spots and stops pathogens from getting into the crop. The foliar application also helps get rid of infections that have already started and reduces the spread of new infections.

• Foliar Treatment
• Chemigation
• Seed Treatment
• Others

Regional Insights:

The global Fluazinam market has been looked at in different parts of the world, like North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa (MEA). North America is a very important market for fluazinam. The United States and Canada are the two countries that use fluazinam the most. The growth of the fluazinam market in North America is mostly driven by the need for higher crop yields and the rising demand for food products.

Europe is another important market for fluazinam. The main things that drive the market are the demand for high-quality goods and the growing awareness of crop protection. France, Germany, Italy, Spain, and the UK are the countries that use fluazinam the most. The market for fluazinam is growing quickly in the Asia-Pacific area. The growth of the regional market is being driven by the growing need for food products and the need for higher crop yields. In Asia and the Pacific, the most fluazinam is used in China, India, Japan, and South Korea.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Scope of Report:

Conclusion:

• The research report on the global market gives both qualitative and quantitative information about the market.
• It also gives a detailed analysis of how big the market is and how fast it is growing for each market segment.
• The report gives an overview of related markets, recent changes in the industry, such as mergers and acquisitions, regulatory situations in key countries, and global trends in the fungicides industry.
• In the country section of the report, there is also a list of factors that affect the market and changes in regulations that affect the current and future trends of the market.