The global demand for Fenpropimorph Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Fenpropimorph is an organic compound containing a phenylpropane moiety, belongs to the class of organic compounds known as phenylpropanes. It is a morpholine-derived fungicide used to control diseases in cereals. It finds its most vital use to prevent powdery mildew and rust in grains and barley leaf blotch. Fenpropimorph is also named as cis-fenpropimorph, fenpropimorphe, and fenpropimorph cis-form. It is also effective against Penicillium fungi, Alternaria citri, Diplodia spp., and Phomopsis citri in citrus primarily on cereal crops such as wheat. It inhibits mammalian sterol biosynthesis by affecting lanosterol demethylation and disrupts eukaryotic sterol biosynthesis pathways, notably by inhibiting fungal Δ14 reductases.
The global fenpropimorph market is driven by a combination of factors: advancement in farming practices & techniques, an increase in demand for food security by the growing population, and changing climatic conditions that favor disease occurrence. The rise in population and the consequent surge in demand for food has led to an increase in the need for crop protection thereby increasing the demand for Fenpropimorph worldwide. Meanwhile, plant or crop disease control has become heavily dependent on fungicides. This practice delivered increased yield significantly and had adverse side effects on the environment, which may hinder growth. But, in contrast to other fenpropimorph can be applied in relatively low dosages and are less harmful to the environment. Another issue with enpropimorph fungicides is resistance development in their target organisms since they have a site-specific mode of action.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of fenpropimorph.
The entire fenpropimorph market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
This section covers regional segmentation which accentuates on current and future demand for fenpropimorph market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Fenpropimorph Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the fenpropimorph market include ASF SE, Bayer AG, Corteva, Inc., Nufarm Limited, Syngenta AG, Arysta Lifescience, BioWorks Inc., Sumitomo Chemical, Adama Agricultural Solutions, DHM Agrochemicals Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.