Top Companies in Strobilurin Industry - BASF (Germany), Bayer Group (Germany), Corteva (US), Syngenta (Switzerland), FMC Corporation (US), UPL (India) and Sumitomo Chemical Co., Ltd. (Japan)
The strobilurin market is projected to expand from USD 5.53 billion in 2025 to USD 6.88 billion by 2030, at a CAGR of 4.47% during the forecast period. The strobilurin market is primarily driven by the rising global demand for high-yield and disease-resistant crops, as farmers increasingly adopt advanced crop protection solutions to combat fungal diseases such as rusts, powdery mildew, and leaf spots. These fungicides offer broad-spectrum activity, improved plant health benefits, and yield enhancement, making them a preferred choice in intensive agriculture, particularly for cereals, fruits, and vegetables. Additionally, expanding agricultural activities in emerging economies, growing awareness of crop losses due to fungal infections, and supportive government initiatives promoting sustainable farming practices are further propelling market growth.
Top 10 Companies in Strobilurin Market
- BASF (Germany)
- Bayer Group (Germany)
- Corteva (US)
- Syngenta (Switzerland)
- FMC Corporation (US)
- UPL (India)
- Sumitomo Chemical Co., Ltd. (Japan)
- Nufarm Limited (Australia)
- AMVAC Chemical Corporation (US)
- Gowan Company, LLC (US)
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BASF SE (Germany) is one of the world’s leading chemical companies, operating through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. Its Agricultural Solutions division offers a wide range of crop protection products, including fungicides, herbicides, and insecticides, with strobilurin fungicides forming a significant part of its portfolio. BASF has a strong global presence, with operations in Europe, North America, Asia Pacific, South America, and Africa.
Bayer AG (Germany) is a global life sciences company with core competencies in the areas of healthcare and agriculture. Its Crop Science division is a major player in the agrochemical market, offering innovative fungicides, including those based on strobilurin chemistry. Bayer’s business operations span pharmaceuticals, consumer health, crop science, and animal health. The company maintains a robust global footprint, particularly in Europe, North America, Latin America, and Asia Pacific.
Corteva Agriscience (US) is a pure-play agriculture company spun off from DowDuPont. It focuses on seed technologies, crop protection products, and digital agriculture solutions. Corteva’s crop protection segment includes strobilurin-based fungicides, which are used globally to improve crop productivity. With a strong research base and market presence, Corteva operates extensively across North America, Latin America, Europe, Asia Pacific, and Africa.
Market Ranking
The strobilurin market is moderately consolidated, with five leading players accounting for approximately 40–50% of the global market share. These key companies are actively investing in R&D, expanding their crop protection portfolios, and forming strategic partnerships to strengthen their market position. For instance, in 2023, BASF (Germany) expanded its fungicide production capacity in Europe to meet rising demand for advanced crop protection products. Similarly, Corteva Agriscience (US) launched a next-generation strobilurin-based fungicide in Latin America, targeting key crops like soybeans and corn. Bayer AG (Germany) also enhanced its digital agriculture tools to complement its fungicide offerings, aiming for integrated disease management. The remaining 50–60% of the market is highly fragmented, comprising regional and niche players offering tailored solutions. This fragmentation creates opportunities for local manufacturers to innovate and differentiate, particularly as market growth is fueled by the rising demand for sustainable farming practices, resistance management, and climate-resilient crop protection solutions.
Related Reports:
Strobilurin Market by Product Type (Azoxystrobin, Pyraclostrobin, Trifloxystrobin, Kresoxim-Methyl, Picoxystrobin, Fluoxastrobin, Others), Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Turf & Ornamentals, Others), Formulation Type (Liquid, Dry, Granular), Application Method (Foliar Spray, Soil Treatment, Seed Treatment, Others), and Region - Global Forecast to 2030
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