HOME Research Insight Nematicides Market - New Revenue Pockets

Nematicides Market - New Revenue Pockets

Bio-Nematicides Slowly Replacing Chemical Nematicides

The market for bio-nematicides is growing at a very positive CAGR, as compared to the chemical nematicides. Bio-nematicides are expensive when compared to the chemical nematicide products. Human health safety and environmental concerns have resulted in the widespread de-registration of several agronomically important nematicides, which is making way for the growth of the bio-nematicides market.

Agrochemical Industry: Dominates The Nematicides Market, by Application

The fact that nematodes are virtually impossible to eliminate will, for better or for worse, help to maintain a healthy market for nematicides. Agriculture remains the largest sector for the usage of nematicides. With the void left by methyl bromide remaining largely unfilled by a broad-use alternative, there remains an opportunity for industry players to develop new products that meet the needs of the farmers Among their wish list, growers cited full-spectrum control, crop, environmental and operator safety, a short pre-harvest interval, pre- and post-planting application, persistent efficacy throughout the crop cycle, combination products for fungicides and insecticides, low rates per hectare to reduce handling, and waste disposal. Given this long list of demands, alongside greater emphasis on resistant seed types and hybrids, developers will be hard at work to deliver. While not all crops and countries will contribute to growth, the markets for those that do including the largest category, vegetables, and field crops that use newer seed treatment productsówill grow moderately through 2014.

Related Reports:

Nematicides Market by Types (Fumigants, Organophosphates, Carbamate and Bio-Nematicides), Applications (Agrochemicals, Industrial, and Others), and Geography (North America, Europe, Asia-Pacific & ROW) - Global Trends & Forecasts to 2019

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