Iprodione Market | Contrive Datum Insights

Market Overview:

The Global Iprodione Market Is Projected To Grow At USD 1.57 Million By 2022 And USD 2.74 Million By 2030 CAGR Of 6.89% During The Forecast Period 2022 To 2030.
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Iprodione is a fungicide and nematicide that has no color or smell and is used in agriculture. Iprodione is used to treat crops that have Botrytis rot, Sclerotinia brown rot, or other diseases caused by fungi. The main things that are making the global iprodione market grow are the increase in agricultural practices around the world, the focus on increasing crop yields from arable land that is already there, the growth of the world's population, and the increase in government programs around the world. Also, the growing use of iprodione in developing countries like China and India will open up new markets for this drug around the world. The vegetable segment had the biggest share of the Iprodione market in 2020, and it is expected to grow at a CAGR of 4.6% over the next five years. Iprodione is a touch fungicide that stops the growth of fungal mycelium and stops fungal spores from germinating. It is used on fruit and vegetable crops that have diseases caused by fungi. Supplies are sometimes used as medicine.

Iprodione was often used on many crops, including fruits (like apples, grapes, and strawberries), vegetables, ornamental plants, and turf grasses. It was used by growers to stop diseases caused by pathogens like Botrytis, Alternaria, and Rhizoctonia because it was easy to use and had a wide range of effects.

Market Dynamics:

Market Trends:

• Growing Demand for Sustainable Solutions

Fungicides that are safe for the environment and can be used for a long time were in higher demand in the agriculture industry. Because of this, people started using bio-based fungicides and other alternatives that are better for the environment. This trend was caused by what people wanted, what the government wanted, and the desire to make farming less harmful to the environment.

• Development of Resistance Management Strategies

Fungi have become resistant to iprodione and other fungicides because they have been used over and over again. Growers and researchers were working on integrated pest management (IPM) plans to deal with this problem. These plans included switching between different types of fungicides and using combination products to reduce resistance.

Driving Factors:

• Disease Control and Crop Protection

Iprodione is a fungicide that works against a wide range of harmful fungi. Farmers used iprodione to protect their crops and make sure they had healthy harvests. Crop diseases can cause big losses in yield and damage to the economy. Iprodione was mostly used because of the need to control diseases in a good way.

• Wide Crop Application:

Iprodione was approved to be used on a wide range of crops, including fruits, vegetables, ornamental plants, and turf grasses. It was a popular choice among growers because it could be used on a wide range of crops and was good at preventing fungal diseases. This made it more in demand.

• Increasing Agricultural Activities 

Population growth, especially in developed countries, is a big reason why Iprodione is in such high demand around the world. So, the agricultural industry puts a lot of emphasis on the growth of agriculture as a whole. Also, because there isn't much land that can be used to grow crops, farmers are trying to get more crops from the land they do have by using different kinds of fungicides, fertilizers, and insecticides. Also, the big players in the iprodione market are putting a lot of focus on emerging economies in order to take advantage of their huge business potential. To meet the rapidly growing demand for iprodione, these companies are setting up factories in the developing world.

• Rising Demand to Control Fungal Diseases.

There are some fungal diseases, like botrytis bunch rot, Sclerotinia brown rot, and others, that help get rid of and control the fungal diseases that do a lot of damage to fruits and vegetables. Since iprodione doesn't hurt the good bugs, there will be more demand for it to control fungal diseases. Fungal diseases hurt the food supply, property, health, and way of life of farmers. Farmers use iprodione, which kills fungal diseases, to make sure there is enough food for a growing population and to protect the food supply.

Restraints/Challenges:

• Stringent Government Regulations 

Because some synthetic chemicals can't be used to get rid of plant-parasitic nematodes or can only be used in limited ways, and because of concerns about their side effects, humans and non-target species need to have access to effective, low-toxicity ways to get rid of them. The root-knot nematode Meloidogyne incognita was used to test the effectiveness and mode of action of the dicarboximide fungicide iprodione compared to the nematicides fenamiphos, fosthiazate, and oxamyl at 7, 1, and 1.66 mL/5 L water, respectively.

• Rising Demand for Bio-Based Chemical Products Act as a Restrain to Market

Bio-based chemicals are crop protection products of the future that are made from plants, animals, bacteria, and some minerals. They are good for the environment, easy to use, and give the same benefits as iprodione, even though the dose is lower. The bio-based industry will grow quickly if the public helps and more people learn about how to use non-toxic pesticides that are good for the environment. Governments in a number of countries have started projects to encourage the creation and use of bio-based products. This is because bio-based products have low levels of toxicity and are safer and more effective at getting rid of pests.

• Volatility in Agricultural Commodity Prices

Changes in the prices of commodities could affect how profitable farming is, which could affect whether or not farmers buy fungicides. When commodity prices are low, farmers might be less likely to spend money on things like iprodione.

Opportunities:

• Development of New Formulations

Manufacturers could put money into research and development to come up with new ways to make iprodione. New formulations could be more effective, work better with other pesticides, be less harmful to the environment, and be easier to use.

• Expanding Market in Emerging Economies

Agrochemical products, like iprodione, had a lot of room to grow in emerging markets, especially in Asia-Pacific and Latin America. Growing populations, more farming, and more knowledge about crop protection practices in these areas opened up new markets for products made with iprodione.

• Integrated Pest Management (IPM) Adoption

The use of iprodione could be done in a sustainable and responsible way if IPM practices were used. IPM combines different ways to control pests, such as biological controls, cultural practices, and the careful use of pesticides, to reduce risks and make disease management as effective as possible.

• Rise of Organic and Sustainable Agriculture

Growing interest in organic and sustainable farming opened the door for bio-based fungicides and other alternatives that are better for the environment. As an alternative to conventional fungicides like iprodione, manufacturers could look into making organic-certified fungicides.

Key Vendors:

Top market players are

• Star Crop Science

Agrochemicals are made by Qingdao Star Cropscience Company Ltd. The company makes herbicides, insecticides, fungicides, growth regulators for plants, and fertilizers for leaves. Qingdao Star Cropscience Company also helps with designing labels, packaging, shipping, and registering pesticides.

• Nulandis

Nulandis is the largest company in South Africa that sells agrochemicals. It develops, makes, mixes, and sells specialized agricultural chemicals on its own.

• Nanjing Essence Fine-Chemical

Nanjing Essence Fine Chemical Co., Ltd. makes and sells chemicals for use in agriculture. The company makes insecticides, fungicides, herbicides, and other products. Nanjing Essence Fine Chemical also has businesses that bring goods into and out of China.

• Jiangsu Lanfeng

Biofungicides, insecticides, herbicides, and fine chemical intermediates are all made and sold by Jiangsu Lanfeng Bio-chemical Co., Ltd. The company's products can be put into two groups: those made with phosgene and those made with organic phosphorus.

• Henan Guangnonghuize

Henan Yuguang Gold and Lead Co Ltd (Henan) is in the business of making and selling metals that aren't made of iron. The company works to melt down precious metals like lead, silver, and gold.

• Bayer

Bayer is a global company whose main strengths are in the Life Science fields of agriculture and health care. All of the products and services are made to help people and make their lives better. At the same time, they want to add value by coming up with new ideas, growing, and making a lot of money.

• Dow AgroSciences

Dow AgroSciences LLC makes pesticides and plant food that are used in agriculture. The company sells a wide range of products, such as insecticides, herbicides, fumigants, and other chemicals. Dow AgroSciences has customers all over the world.

• BASF SE

BASF SE (BASF) is a company that makes chemicals. It makes chemicals, plastics, crop protection products, and performance products and sells, markets, and advertises them. It makes solvents, glues, surfactants, fuel additives, chemicals for electronics, pigments, paints, food additives, fungicides, and herbicides.

• Dupont De Nemours & Company

DuPont de Nemours Inc., which used to be called DowDuPont Inc., is a company that makes and sells materials and solutions based on technology. It provides materials and printing systems to the advanced printing industry, as well as materials and solutions for the front-end and back-end of the manufacturing process for semiconductors and integrated circuits.

• Syngenta AG

Syngenta AG makes products that are used in agriculture. The company makes seeds for field crops, vegetables, and flowers, as well as herbicides, insecticides, and fungicides. Syngenta has customers all over the world.

Segmentation Analysis:

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

By Crop Type:

By grouping the uses of iprodione by the type of crop, the market can be broken up. The iprodione market serves many agricultural and horticultural crops, such as apples, grapes, strawberries, vegetables, ornamental plants, and turf grasses. Each type of crop may have different disease problems that call for a different iprodione product.

• Agricultural
• Horticultural

By Formulation Type:

This segmentation divides iprodione products into groups based on how they are made (e.g., emulsifiable concentrate, wettable powder). Different formulations might have different qualities and benefits for different uses, which could affect how the user chooses.

• SC
• WP
• EC
• WG

By Distribution Channel:

When you segment the market by distribution channel, you divide it into groups based on how iprodione products get to customers. Agricultural supply stores, online retailers, distributors, and direct sales from manufacturers are all common ways to get products to customers. Analyzing distribution channels helps you understand how iprodione products are made and where they can be found.

• Agricultural supply stores
• Online retailers
• Distributors
• Direct sales

By Application Outlook:

In 2020, the vegetable segment of the Iprodione market had the biggest share, and it is expected to grow at a CAGR of 4.6% over the next five years. Iprodione is a touch fungicide that stops the growth of fungal mycelium and stops fungal spores from germinating. It is used on fruit and vegetable crops that have diseases caused by fungi. It is sometimes used to treat health problems. It is used to kill nematodes in crops and to kill fungi. Because the world's population is growing, especially in developing countries, the agricultural industry is focusing on making more food. In addition, due to the decreased supply of arable land, farmers are focusing on increasing the production of crops from the arable land available through the use of various forms of fertilizers, fungicides and insecticides. So, the growing agricultural industry around the world is likely to drive the growth of the global market for iprodione.

• Fruits
• Vegetables

Regional Insights:

The global Iprodione 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).
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With more than 49% of the Iprodione market, APAC had the most market share. North America and Europe were next. In the next few years, Asia Pacific is expected to have the fastest-growing market for iprodione and other fungicides and nematocides. Fungicides and nematocides, especially iprodione, are the main reason for the rise in demand in places like Indonesia, Malaysia, Thailand, China, India, and Southeast Asia, where the population is growing all the time. The Asia-Pacific market for iprodione is expected to grow quickly. The India Brand Equity Foundation says that about 58% of India's people depend on agriculture for their main source of income. The goal of the agricultural export facility is for agricultural exports to reach more than $60 billion by 2022.

• 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.