PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1779631
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1779631
Asia Pacific Fungicide Market, By Type; By Form; By Crop Type; By Mode of Application; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2031
Asia Pacific Fungicide Market Size Booming to Surpass USD 7 Billion by 2031
Asia Pacific Fungicide Market is flourishing, primarily due to escalating prevalence of crop diseases, coupled with sustained governmental support through subsidies and the continuous expansion of agricultural endeavors.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Asia Pacific Fungicide Market size by value at USD 4.64 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Asia Pacific Fungicide Market size to expand at a significant CAGR of 6.1% reaching a value of USD 7.02 billion by 2031. The growth of Fungicide Market across Asia Pacific is propelled by the swift integration of modern agricultural techniques and ongoing technological progress. The increasing adoption of precision farming has spurred the dominance of foliar application (60.7% share in 2022), indicative of a move towards more efficient disease control. Digital agriculture and smart spraying technologies enhance application precision, while integrated pest management (IPM) promotes targeted and responsible use. Nations like Thailand are prioritizing high-efficacy, eco-conscious fungicides, supported by innovations in product development and application. Seed treatments, exemplified by Syngenta's TYMIRIUM, gained traction (13.9% market share in 2022) for early-stage protection. The rising use of micro-irrigation has also fueled chemigation systems, generating USD 471.9 million in 2022. The declining per capita arable land in regions like India and Southeast Asia intensifies the demand for optimized yields and effective crop protection. Consequently, companies are investing in residue-free, green nanotechnology-based fungicides, as highlighted by Bayer's 2023 collaboration with Oerth Bio for next-generation products utilizing protein degradation technology, emphasizing sustainability through reduced application rates and toxicity. Furthermore, a notable trend towards integrated disease management, combining chemical fungicides with biological agents and resistant crop varieties, is shaping the future of Asia Pacific Fungicide Market.
Opportunity - Precision Farming with Integrated Pest Management
Precision farming with integrated pest management (IPM) is opening new avenues for growth of Asia Pacific Fungicide Market. Advanced technologies, such as satellite imagery, IoT-based field monitoring, and AI-driven analytics, are enabling farmers to make data-informed decisions, leading to more precise and efficient fungicide application. Strategic alliances between global agri-tech companies and local firms, such as AGCO-Trimble and Satyukt-Zuari FarmHub, are accelerating the adoption of smart farming tools across the region. Platforms like FMC's Arc Farm Intelligence further empower growers to monitor disease pressure in real-time, ensuring timely interventions. As these innovations enhance productivity, sustainability, and pest resistance management, they present strong growth potential for fungicide usage across diverse crops in the region.
China Dominates Asia Pacific Fungicide Market
China's leadership position in Asia Pacific Fungicide Market is attributed to a confluence of factors. The country's dominance is underpinned by its robust manufacturing sector, which yields an extensive array of fungicide formulations and active ingredients. The nation's varied agricultural practices and conducive climatic conditions, which foster fungal proliferation, further amplify the demand for efficacious crop protection solutions. Key fungicide classes prevalent in China encompass triazoles, strobilurins, benzimidazoles, dithiocarbamates, and QoIs, each targeting distinct fungal pathogens. Regulatory compliance and safety are diligently maintained through the oversight of the Ministry of Agriculture and Rural Affairs (MARA). Furthermore, China's sophisticated production infrastructure and expansive distribution networks facilitate a consistent supply across its domestic markets.
Impact of Escalating Geopolitical Tensions on Asia Pacific Fungicide Market
Intensifying geopolitical tensions could have a multifaceted impact on Asia Pacific Fungicide Market, disrupting global supply chains, increasing raw material costs, and creating trade uncertainties. Many fungicide ingredients and active compounds are imported, making the region vulnerable to international conflicts and export restrictions. Heightened tensions may also lead to regulatory shifts, affecting cross-border collaboration in research and development. Additionally, volatile fuel and transportation prices can inflate production and distribution costs, reducing market competitiveness. Countries heavily dependent on imports may face shortages or delays, hindering timely application during critical crop cycles. Overall, geopolitical instability poses a risk to market growth and sustainability.
Competitive Landscape
Asia Pacific Fungicide Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Corteva Agriscience, FMC Corporation, UPL Limited, Rainbow Agro, Bayer AG, BASF SE, Syngenta Group, Nufarm Ltd, Jiangsu Yangnong Chemical Co. Ltd, and ADAMA Agricultural Solutions Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Asia Pacific Fungicide Market .
The report's in-depth analysis provides information about growth potential, upcoming trends, and Asia Pacific Fungicide Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Asia Pacific Fungicide Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. APAC Fungicide Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Incidence of Crop Diseases
- 3.2.1.2. Government Support & Subsidies
- 3.2.1.3. Expanding Agricultural Activities
- 3.2.2. Restraints
- 3.2.2.1. High R&D Costs and Time-Consuming Product Approvals
- 3.2.2.2. Stringent Regulatory Framework
- 3.2.3. Opportunities
- 3.2.3.1. Advancement in Bio-based Fungicides
- 3.2.3.2. Precision Farming & Integrated Pest Management
- 3.2.4. Challenges
- 3.2.4.1. Market Fragmentation
- 3.2.4.2. Climate Variability
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. APAC Fungicide Market: Marketing Strategies
5. APAC Fungicide Market: Pricing Analysis
6. APAC Fungicide Market Overview
- 6.1. Market Size & Forecast, 2019-2031
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.1.1. Chemical Fungicides
- 6.2.1.2. Biological Fungicides
- 6.2.2. By Form
- 6.2.2.1. Liquid
- 6.2.2.2. Dry
- 6.2.3. By Crop Type
- 6.2.3.1. Cereals & Grains
- 6.2.3.2. Fruits & Vegetables
- 6.2.3.3. Oilseeds & Pulses
- 6.2.3.4. Others
- 6.2.4. By Mode of Application
- 6.2.4.1. Foliar Spray
- 6.2.4.2. Seed Treatment
- 6.2.4.3. Soil Treatment
- 6.2.4.4. Post-Harvest
- 6.2.5. By Country
- 6.2.5.1. China
- 6.2.5.2. India
- 6.2.5.3. Japan
- 6.2.5.4. South Korea
- 6.2.5.5. Australia & New Zealand
- 6.2.5.6. Indonesia
- 6.2.5.7. Malaysia
- 6.2.5.8. Singapore
- 6.2.5.9. Vietnam
- 6.2.5.10. Rest of APAC
- 6.2.1. By Type
7. China Fungicide Market
- 7.1. Market Size & Forecast, 2019-2031
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Form
- 7.2.3. By Type
- 7.2.4. By Mode of Application
8. India Fungicide Market
- 8.1. Market Size & Forecast, 2019-2031
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Form
- 8.2.3. By Type
- 8.2.4. By Mode of Application
9. Japan Fungicide Market
- 9.1. Market Size & Forecast, 2019-2031
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Form
- 9.2.3. By Type
- 9.2.4. By Mode of Application
10. South Korea Fungicide Market
- 10.1. Market Size & Forecast, 2019-2031
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Form
- 10.2.3. By Type
- 10.2.4. By Mode of Application
11. Australia & New Zealand Fungicide Market
- 11.1. Market Size & Forecast, 2019-2031
- 11.1.1. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By Form
- 11.2.3. By Type
- 11.2.4. By Mode of Application
12. Indonesia Fungicide Market
- 12.1. Market Size & Forecast, 2019-2031
- 12.1.1. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Type
- 12.2.2. By Form
- 12.2.3. By Type
- 12.2.4. By Mode of Application
13. Malaysia Fungicide Market
- 13.1. Market Size & Forecast, 2019-2031
- 13.1.1. By Value (USD Million)
- 13.2. Market Share & Forecast
- 13.2.1. By Type
- 13.2.2. By Form
- 13.2.3. By Type
- 13.2.4. By Mode of Application
14. Singapore Fungicide Market
- 14.1. Market Size & Forecast, 2019-2031
- 14.1.1. By Value (USD Million)
- 14.2. Market Share & Forecast
- 14.2.1. By Type
- 14.2.2. By Form
- 14.2.3. By Type
- 14.2.4. By Mode of Application
15. Vietnam Fungicide Market
- 15.1. Market Size & Forecast, 2019-2031
- 15.1.1. By Value (USD Million)
- 15.2. Market Share & Forecast
- 15.2.1. By Type
- 15.2.2. By Form
- 15.2.3. By Type
- 15.2.4. By Mode of Application
16. Rest of APAC Fungicide Market
- 16.1. Market Size & Forecast, 2019-2031
- 16.1.1. By Value (USD Million)
- 16.2. Market Share & Forecast
- 16.2.1. By Type
- 16.2.2. By Form
- 16.2.3. By Type
- 16.2.4. By Mode of Application
17. Competitive Landscape
- 17.1. List of Key Players and Their Offerings
- 17.2. Asia Pacific Fungicide Company Market Share Analysis, 2024
- 17.3. Competitive Benchmarking, By Operating Parameters
- 17.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
18. Impact of Escalating Geopolitical Tensions on Asia Pacific Fungicide Market
19. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 19.1. Corteva Agriscience
- 19.2. FMC Corporation
- 19.3. UPL Limited
- 19.4. Rainbow Agro
- 19.5. Bayer AG
- 19.6. BASF SE
- 19.7. Syngenta Group
- 19.8. Nufarm Ltd
- 19.9. Jiangsu Yangnong Chemical Co. Ltd
- 19.10. ADAMA Agricultural Solutions Ltd
- 19.11. Other Prominent Players
20. Key Strategic Recommendations
21. Research Methodology
- 21.1. Qualitative Research
- 21.1.1. Primary & Secondary Research
- 21.2. Quantitative Research
- 21.3. Market Breakdown & Data Triangulation
- 21.3.1. Secondary Research
- 21.3.2. Primary Research
- 21.4. Breakdown of Primary Research Respondents, By Region
- 21.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 Asia Pacific Fungicide Segmentation
- Figure 2 Asia Pacific Fungicide Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 Asia Pacific Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 5 Asia Pacific Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 6 Asia Pacific Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 7 Asia Pacific Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 8 Asia Pacific Fungicide Market Share, By Mode of Application, By Value, 2019-2031
- Figure 9 Asia Pacific Fungicide Market Share, By Country, By Value, 2019-2031
- Figure 10 China Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 11 China Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 12 China Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 13 China Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 14 China Fungicide Market Share, By Mode of Application, By Value, 2019-2031
- Figure 15 India Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 16 India Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 17 India Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 18 India Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 19 India Fungicide Market Share, By Mode of Application, By Value, 2019-2031
- Figure 20 Japan Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 21 Japan Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 22 Japan Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 23 Japan Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 24 Japan Fungicide Market Share, By Mode of Application, By Value, 2019-2031
- Figure 25 South Korea Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 26 South Korea Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 27 South Korea Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 28 South Korea Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 29 South Korea Fungicide Market Share, By Mode of Application, By Value, 2019-2031
- Figure 30 Australia & New Zealand Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 31 Australia & New Zealand Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 32 Australia & New Zealand Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 33 Australia & New Zealand Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 34 Australia & New Zealand Fungicide Market Share, By Mode of Application, By Value, 2019-2031
- Figure 35 Indonesia Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 36 Indonesia Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 37 Indonesia Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 38 Indonesia Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 39 Indonesia Fungicide Market Share, By Mode of Application, By Value, 2019-2031
- Figure 40 Malaysia Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 41 Malaysia Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 42 Malaysia Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 43 Malaysia Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 44 Malaysia Fungicide Market Share, By Mode of Application, By Value, 2019-2031
- Figure 45 Singapore Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 46 Singapore Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 47 Singapore Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 48 Singapore Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 49 Singapore Fungicide Market Share, By Mode of Application, By Value, 2019-2031
- Figure 50 Vietnam Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 51 Vietnam Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 52 Vietnam Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 53 Vietnam Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 54 Vietnam Fungicide Market Share, By Mode of Application, By Value, 2019-2031
- Figure 55 Rest of APAC Fungicide Market Size, By Value (USD Million), 2019-2031
- Figure 56 Rest of APAC Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 57 Rest of APAC Fungicide Market Share, By Form, By Value, 2019-2031
- Figure 58 Rest of APAC Fungicide Market Share, By Type, By Value, 2019-2031
- Figure 59 Rest of APAC Fungicide Market Share, By Mode of Application, By Value, 2019-2031
List of Tables
- Table 1 Asia Pacific Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 2 Asia Pacific Fungicide Market Size, By Type, By Value, 2019-2031
- Table 3 Asia Pacific Fungicide Market Size, By Form, By Value, 2019-2031
- Table 4 Asia Pacific Fungicide Market Size, By Type, By Value, 2019-2031
- Table 5 Asia Pacific Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 6 Asia Pacific Fungicide Market Size, By Country, By Value, 2019-2031
- Table 7 China Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 8 China Fungicide Market Size, By Type, By Value, 2019-2031
- Table 9 China Fungicide Market Size, By Form, By Value, 2019-2031
- Table 10 China Fungicide Market Size, By Type, By Value, 2019-2031
- Table 11 China Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 12 India Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 13 India Fungicide Market Size, By Type, By Value, 2019-2031
- Table 14 India Fungicide Market Size, By Form, By Value, 2019-2031
- Table 15 India Fungicide Market Size, By Type, By Value, 2019-2031
- Table 16 India Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 17 Japan Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 18 Japan Fungicide Market Size, By Type, By Value, 2019-2031
- Table 19 Japan Fungicide Market Size, By Form, By Value, 2019-2031
- Table 20 Japan Fungicide Market Size, By Type, By Value, 2019-2031
- Table 21 Japan Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 22 South Korea Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 23 South Korea Fungicide Market Size, By Type, By Value, 2019-2031
- Table 24 South Korea Fungicide Market Size, By Form, By Value, 2019-2031
- Table 25 South Korea Fungicide Market Size, By Type, By Value, 2019-2031
- Table 26 South Korea Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 27 Australia & New Zealand Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 28 Australia & New Zealand Fungicide Market Size, By Type, By Value, 2019-2031
- Table 29 Australia & New Zealand Fungicide Market Size, By Form, By Value, 2019-2031
- Table 30 Australia & New Zealand Fungicide Market Size, By Type, By Value, 2019-2031
- Table 31 Australia & New Zealand Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 32 Indonesia Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 33 Indonesia Fungicide Market Size, By Type, By Value, 2019-2031
- Table 34 Indonesia Fungicide Market Size, By Form, By Value, 2019-2031
- Table 35 Indonesia Fungicide Market Size, By Type, By Value, 2019-2031
- Table 36 Indonesia Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 37 Malaysia Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 38 Malaysia Fungicide Market Size, By Type, By Value, 2019-2031
- Table 39 Malaysia Fungicide Market Size, By Form, By Value, 2019-2031
- Table 40 Malaysia Fungicide Market Size, By Type, By Value, 2019-2031
- Table 41 Malaysia Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 42 Singapore Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 43 Singapore Fungicide Market Size, By Type, By Value, 2019-2031
- Table 44 Singapore Fungicide Market Size, By Form, By Value, 2019-2031
- Table 45 Singapore Fungicide Market Size, By Type, By Value, 2019-2031
- Table 46 Singapore Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 47 Vietnam Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 48 Vietnam Fungicide Market Size, By Type, By Value, 2019-2031
- Table 49 Vietnam Fungicide Market Size, By Form, By Value, 2019-2031
- Table 50 Vietnam Fungicide Market Size, By Type, By Value, 2019-2031
- Table 51 Vietnam Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 52 Rest of APAC Fungicide Market Size, By Value (USD Million), 2019-2031
- Table 53 Rest of APAC Fungicide Market Size, By Type, By Value, 2019-2031
- Table 54 Rest of APAC Fungicide Market Size, By Form, By Value, 2019-2031
- Table 55 Rest of APAC Fungicide Market Size, By Type, By Value, 2019-2031
- Table 56 Rest of APAC Fungicide Market Size, By Mode of Application, By Value, 2019-2031
- Table 57 Corteva Agriscience Company Overview
- Table 58 Corteva Agriscience Financial Overview
- Table 59 FMC Corporation Company Overview
- Table 60 FMC Corporation Financial Overview
- Table 61 UPL Limited Company Overview
- Table 62 UPL Limited Financial Overview
- Table 63 Rainbow Agro Company Overview
- Table 64 Rainbow Agro Financial Overview
- Table 65 Bayer AG Company Overview
- Table 66 Bayer AG Financial Overview
- Table 67 BASF SE Company Overview
- Table 68 BASF SE Financial Overview
- Table 69 Syngenta Group Company Overview
- Table 70 Syngenta Group Financial Overview
- Table 71 Nufarm Ltd Company Overview
- Table 72 Nufarm Ltd Financial Overview
- Table 73 Jiangsu Yangnong Chemical Co. Ltd Company Overview
- Table 74 Jiangsu Yangnong Chemical Co. Ltd Financial Overview
- Table 75 ADAMA Agricultural Solutions Ltd Company Overview
- Table 76 ADAMA Agricultural Solutions Ltd Financial Overview
