Growing Inclination to Organic Food to Fuel Demand in Global Carbendazim Market

San Francisco, California, October 22, 2018: Carbendazim is a kind of fungicides that is used to protect the fruit crops from being destroyed by fungi. The global carbendazim market is prognosticated to experience a decent growth in forthcoming years. The market is propelled by the rising use of Carbendazim in production of fruit. As per the report written by the market research firm, titled “Carbendazim Market – Global Industry Analysis, Size, Share, Trends and Forecast 2017 – 2025.”

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The carbendazim market is expected to experience growth owing to the efforts put in y the developing regions to optimize their agricultural yield. Owing to population rise in Latin America and Asia Pacific has had its impact in raising nearby farming activities, the demand fueled by the globalized organic product trade have brought about strong demand in advancement in technology of the farming segment in rising economies and the rising predominance of industrialized farming practices. The surging demand in developed nations regarding fruits developed in natural product delivering nations is additionally prone to have a major positive effect on the global carbendazim market in the coming years, as carbendazim is even utilized as an antifungal additive in packaged natural products.

The report finds that North America and Europe at present add to the most extreme demand for carbendazim, despite the fact that with the flood in farming yield over the globe and escalating natural controls in developed regions, the demand for carbendazim is likely to essentially grow from the Asia Pacific region within the forecast period. The key reason of raising demand for fungicides in the Asia Pacific nations of India, China, and the countries of Latin America is an impression of continually population rise in these parts, or, in other providing the expanding demand for food.

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The key players in the global carbendazim market are BASF SE, Syngenta AG, Troy Corporation, Adama Agricultural Solutions Ltd., The Dow Chemical Company, Bayer Cropscience AG, FMC Corporation, and E. I. duPont de Nemours and Company.

Carbendazim Market – Real Time Analysis & Forecast 2017 – 2025

Global Carbendazim Market: Snapshot

The global carbendazim market is driven primarily by its consistent use in fruit production. As fungi are one of the main threats to fruit plantations, fungicides such as carbendazim have witnessed a steady growth in demand.

The global carbendazim market is currently dominated by North America and Europe, but the rising production of fruits in emerging regions such as Asia Pacific and Latin America could enable rapid growth of the regional carbendazim markets. Local production of carbendazim is on the rise in both regions. The presence of leading fruit producers such as India, China, Brazil, and Mexico, in addition to Pakistan, Bangladesh, Argentina, Thailand, etc. has ensured steady growth of the carbendazim market in developing economies.

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The carbendazim market has also benefited from the consistent efforts by emerging economies to maximize their agricultural output. While the rising population of Asia Pacific and Latin America has played its part in raising local production, the demands placed by the globalized fruit trade have resulted in solid investment in technological development of the agricultural sector in emerging economies and the rising prevalence of industrialized agricultural practices. The rising demand in developed regions for fruits grown in fruit producing countries is also likely to have a significant positive impact on the global carbendazim market in the coming years, as carbendazim is also used as an antifungal preservative in packaged fruits.

Fungicides refer to the biocidal chemical compounds used to hinder the growth of fungi and their spores, which are readily used to control the damage caused due to blights, rusts, molds, and mildews. In the fruit and agricultural crops industry, carbendazim is among the most commonly used fungicides to prevent the growth of fungi. It also finds application in the production of several citrus fruits such as pomelo, orange, citron, etc. besides several other crops and fruit trees. The necessity of carbendazim is driven by the significant curtailment of the crop that can be caused due to fungal growth. Additionally, fungal growth on fruits also affects the quality aspects, and makes them inappropriate for consumption. Carbendazim is also used to control a broad spectrum of diseases that affect fruits, vegetables, oilseeds, and oilseeds.

Carbendazim is applied to plants through drip irrigation method to the soil either in form of solution or suspension. This restricts the present and future growth of fungi through soil. Considering the impact of fungi on agricultural produce, the demand for carbendazim is expected to grow, thus propelling the carbendazim market. Due to these factors, the need to control fungi for the proper yield of crops and fruits is almost imperative, and hence the demand in the global market for carbendazim is escalating, and is projected for a healthy CAGR during the forecast period of 2017 to 2025. The report is a comprehensive analysis of the market, which is meant to serve as an asset to the existing and new players in this market.

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Global Carbendazim Market: Trends and Prospects

The constant striving by the developed countries to maximize the agricultural output from the available arable land is urging several players to invest in the development of effective products. This is the primary factor driving the growth rate in the market. Since carbendazim is also used to protect the stored food, the increase in the effectiveness of fungicides is paramount. Carbendazim is commonly sold along with other fungicides such as triazoles and dithiocarbamates. Conversely, the unforeseen effects of carbendazim on human beings are anticipated to affect the demand to a certain extent.

Global Carbendazim Market: Regional Outlook

The report finds that Europe and North America currently contribute to the maximum demand for carbendazim, although with the surge in agricultural output across the globe and intensifying environmental regulations in developed regions, the demand for carbendazim is expected to significantly increase from the region of Asia Pacific during the forecast period. The primary reason of escalating demand for fungicides in the Asia Pacific countries of China, India, and the region of Latin America is a reflection of constantly increasing population in these parts, which is necessitating a better yield to fulfill the increasing food demand.

The major manufacturers in the global carbendazim market include Syngenta AG, BASF SE, Troy Corporation, The Dow Chemical Company, Adama Agricultural Solutions Ltd., Bayer Cropscience AG, E. I. duPont de Nemours and Company and FMC Corporation.

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India and China to Lead Global Carbendazim Market

San Francisco, California, July 06, 2017: The latest report by TMR Research suggests that the global carbendazim market is likely to witness a soaring demand in the near future. The publication, titled “Carbendazim Market – Global Industry Analysis, Size, Share, Trends and Forecast 2017 – 2025,” offers an in-depth understanding of the various market dynamics slated to define the trajectory of the global market. According to the analysts the increasing consumption and production of fruits is likely to augment the demand for carbendazim in the foreseeable future.

The sale of carbendazim has spiked in recent years as various emerging economies as well as developed nations are striving to improve their agricultural output. The rapid pace of urbanization, improving purchasing power, and development in local production are all expected to boost the uptake of carbendazim. The proliferation of fruit plantations are also expected to make significant contribution to the soaring profits of the global market. The persistent efforts by various countries of the world to maximize their output from the available arable land is anticipated to bring in heavy investments in effective agricultural products. The demand for carbendazim is expected to grow in tandem with other fungicides such as dithiocarbamates and triazoles. The only factor likely to restrain the growth of the global market is the possible impact of carbendazim on human health.

In terms of geography, the North America and Europe are expected to lead the pack. The demand for carbendazim is expected to spike in these regions as they consistently strive to achieve a higher agricultural output. The stringent environmental regulations are also likely to impact the demand in the near future. The demand for carbendazim has also been rising across developing countries of India and China as developing countries are continuously striving to increase their agricultural production to feed the ever-increasing population. Latin America is also poised to see a booming carbendazim market as the region is being compelled to fulfil the growing demand for food.

Some of the leading players operating in the carbendazim market are FMC Corporation, Syngenta AG, BASF SE, Troy Corporation, Adama Agricultural Solutions Ltd., The Dow Chemical Company, Bayer Cropscience AG, and E. I. duPont de Nemours and Company. The research report offers a detailed evaluation of the competitive landscape present in the global market and the ways in which it is likely to decide the course of the market’s trajectory. Furthermore, the research report also provides an assessment of the financial overview, research and development status, and business and marketing strategies for the coming few years.