PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762305
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762305
The strobilurin fungicide market size is expected to reach USD 5.40 billion by 2034, according to a new study by Polaris Market Research. The report "Strobilurin Fungicide Market Size, Share, Trends, Industry Analysis Report: By Type (Cereals and Grains, Fruits and Vegetables, Oilseeds, Ornamental Plants, Other Crops), By Formulation, By Application, By End User, and By Region- Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Strobilurin fungicides are a class of agricultural chemicals derived from natural antifungal compounds produced by certain fungi, used to protect crops by inhibiting mitochondrial respiration in pathogenic fungi.
There is an increasing emphasis on farming practices that are environmentally friendly and sustainable. Strobilurin fungicides are considered more eco-efficient than many older fungicides because they work effectively in small doses and degrade safely. Their targeted action also means fewer applications are needed, reducing chemical use and environmental load. Farmers are encouraged or even incentivized to use advanced, low-impact fungicides as governments and international organizations push for greener agriculture. This shift toward sustainable crop protection is boosting the adoption of modern strobilurin formulations in various regions, from large-scale farms to smaller agricultural operations, thereby driving the market growth.
Climate change and intensive farming practices are contributing to the spread of fungal diseases across various crops. Warmer temperatures and higher humidity levels create ideal conditions for fungi to thrive. Crops such as wheat, rice, soybeans, and fruits are frequently affected by fungal infections that significantly reduce yields. Strobilurin fungicides are highly effective in controlling a broad spectrum of these diseases. Their preventive and curative action helps farmers manage disease outbreaks efficiently. The demand for effective solutions like strobilurins continues to rise as the threat from fungal pathogens grows, especially in high-value crops, thereby driving the market growth.
In 2024, cereals and grains segment dominated with largest share due to the high demand for staple crops such as wheat, rice, and corn, which are essential for global food security.
The granules segment is expected to record significant growth as these formulations offer several advantages, including ease of application and reduced drift during application, which improves their effectiveness.
In 2024, North America strobilurin fungicide market dominated with largest share driven by advanced agricultural practices and a strong focus on crop protection.
Asia Pacific Strobilurin Fungicide Market is projected witness substantial growth due to its vast agricultural landscape and rising food demand.
The global key market players are BASF, CAC International, Hailir Pesticides and Chemicals, Hebei Sincerity and Delighted Chemical, Kangqiao Bio-technology, Liben Crop Science, Limin Chemical, Nutrichem, Suli Chemical, Syngenta.
Polaris market research has segmented the strobilurin fungicide market report based on type, formulation, application, end user and region:
By Type (Revenue - USD Billion, 2020-2034)
Cereals and Grains
Fruits and Vegetables
Oilseeds
Ornamental Plants
Other Crops
By Formulation (Revenue - USD Billion, 2020-2034)
Granules
Liquid Concentrates
Suspension Concentrates
Water-soluble Powders
Emulsifiable Concentrates
By Application (Revenue - USD Billion, 2020-2034)
Foliar Application
Soil Application
Seed Treatment
Post-Harvest
Aerial Spraying
By End User (Revenue - USD Billion, 2020-2034)
Agricultural Farms
Commercial Growers
Research Institutions
Home Gardeners
Distribution and Retailers
By Regional Outlook (Revenue - USD Billion, 2020-2034)
North America
US
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of APAC
Latin America
Argentina
Brazil
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of MEA