Rise in demand for food security by the increasing population, advancement in farming practices & technique is growth for Multisite Fungicides Market
Multisite fungicides affect multiple target sites, and subsequently interfere with several metabolic processes of the fungus. Different single-gene mutations that confer resistance to single-site fungicides, a simultaneous incidence of mutations in multiple genes are needed to confer resistance to multisite fungicides. Beyond protecting and prolonging the lifespan of extremely effective medium to high resistance risk fungicides, multisite fungicides provide added levels and spectrum of disease control. With this they can also support the single sites to be even more efficient.??
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MARKET DYNAMICS - MULTISITE FUNGICIDES MARKET
The global multisite fungicides market is expected to witness substantial growth due to factors such as the rise in demand for food security by the increasing population, advancement in farming practices & techniques, and changing climatic conditions that favours disease occurrence. Multisite fungicides are highly used for destroying harmful fungi affecting the crop yield. Thus, the need for fungicides to minimize crop loss is increasing across the world.
ECONOMIC IMPACT OF COVID-19 ON MULTICSITE FUNGICIDES MARKET
The exclusive COVID 19 impact analysis provides an analysis of micro and macro-economic factors on the multisite fungicides market. Also, complete analysis of changes on agrochemicals expenditure, economic and international policies on supply and demand side. The report also studies the impact of the pandemic on global economies, international trade, business investments, GDP, and marketing strategies of key players present in the market.
MULTISITE FUNGICIDES MARKET SEGMENTAL OVERVIEW
The study analyses multisite fungicides market based on product, mode of application, crop type, and geography.?
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MULTISITE FUNGICIDES MARKET BY PRODUCT
Copper, mancozeb, chlorothalonil, captan and thiram are major multisite fungicides covered in the study. The copper segment dominates the market, by product. As copper is important to the growth of plants. Also, multisite fungicides play an important part in numerous enzyme processes and is key to the formation of chlorophyll. Copper (Cu) is one of the micronutrients required in very small quantities by plants.
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MULTISITE FUNGICIDES MARKET KEY PLAYERS
The key competitors of this market include BASF SE, Bayer AG, Corteva Inc., Syngenta AG, FMC Corporation, UPL Ltd., ADAMA Agricultural Solutions Ltd, Seipasa S.A., Ishihara Sangyo Kaisha, Ltd., Nufarm, among others.
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