Nematicide Market By Chemical Type (Fumigant, Organophosphate, Carbamate, and Bio-based Nematicide), By Application Type (Crop-based Nematicide and Non-crop-based Nematicide), By Formulation (Gas, Liquid, Granular or Emulsifier Liquid, and Other Formulation Types), and By Region - Trends, Analysis and Forecast till 2030

Nematicide market accounted for USD 1.6 Billion in 2020 and is estimated to be USD 2.51 Billion by 2030 and is anticipated to register a CAGR of 4.7%.

The nematicide is the type of pesticides which is used to kill plant-parasitic nematodes and also can migrate through the soil. Nematodes used to control of soil-borne nematodes. Nematicides can be naturally occurring animal or plant products, as well as new types of synthetic chemicals that degrade into harmless materials that are present in the soil early. Major chemical nematicides presently available in the market include metam sodium, 1, 3-dichloropropene, aldicarb, ethoprop, methyl bromide fenamiphos, and oxamyl. Most of this is banned due as per rule of government in the region due to the adverse effect of nematicide on human health and environment.

Rising initiatives by government bodies

The increasing demand for improving the quality of the soil health to grow the high quality and chemical-free vegetables and fruits which is the major driving factor for the global market. For instance, in 2018, MBI launched a bionematicide called as Zelto. Zelto is effective against multiple species of the nematodes such as root-knot, cyst, lance, sting, and ring. Additionally, an organization promoting integrated pest management techniques which is another propelling factor for the growth of the target market. Moreover, increasing the food demand and shrinking land for the cultivation of the crop which is the fueling factor for the growth of the target market.

However, the major regions are facing with pesticide ban due to the use of harmful chemicals in the nematicide which is the restraining factor for the growth of the global market. Besides this, the rising incidence of side effects of nematicide on humans and essential fauna & flora which is another hampering factor for the growth of the target market. Nevertheless, focusing on using nematicide in integrated pest management technique in developing countries which can create an opportunity for the growth of the global nematicide market.

The global nematicide market is segmenteDisclaimerd based on chemical type, application type, formulation, and region.

Based on chemical type, the global nematicide market is segmented into the fumigant, organophosphate, carbamate, and bio-based nematicide. Organophosphate is the dominating segment in the global market due to its high performance, efficiency and availability of organophosphates against pests and insects. Based on the application type, the target market is segmented into crop-based nematicide and non-crop-based nematicide. Crop- based nematicide is the dominating segment due to more usage of the nematicides on the vegetables and fruits. Based on formulation, the global market is classified into gas, liquid, granular or emulsifier liquid, and other formulation types.

Regional Insights:

The global nematicide market accounted for US$ 1.6 billion in 2020 and is estimated to be US$ 2.51 billion by 2030 and is anticipated to register a CAGR of 4.7%. On region the global nematicide market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia- Pacific region accounts highest revenue share to the global nematicide market due to growing agricultural productivity and yield per unit in the region.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global nematicide market report based on chemical type, application type, formulation, and region.

Global Nematicide Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating the global nematicide market involves UPL Limited, American Vanguard Corporation, BASF SE, Bayer CropScience AG, Bioworks Incorporated, DowDuPont, FMC Corporation (United States), Isagro Group SpA, Marrone Bio Innovations Inc., and Monsanto Company. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the chemical types to gain a competitive edge in the target market.

• UPL Limited.
• American Vanguard Corporation
• BASF SE
• Bayer CropScience AG
• Bioworks Incorporated
• DowDuPont
• FMC Corporation (United States)
• Isagro Group SpA
• Marrone Bio Innovations Inc.
• Monsanto Company