The developments in the fungicides by various market leaders encouraging the fungicides market to grow. For instance, in August 2019, BASF launched two new fungicides Acrobat Complete and Sercadis Plus with an aim to protect the crops of grapes producer. Acrobat Complete is a blend of two active ingredients, dimethomorph and metiram which provide complete protection from downey mildew and is generally sprayed at the beginning of the grapes season. However, Sercadius Plus is a blend of BASF’s Xemium active ingredient and demethylase inhibitor (DMI) which provides protection of diseases like powdery mildew and other diseases. The introduction of these two new fungicides will strengthen the BASF’s product portfolio for grapes growers.

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In Dec 2019, ADAMA Agricultural Solution Ltd. launched its new fungicide product ARMERO, it is a combination of two active ingredients prothioconazole and mancozeb. The company is planning to market its product in Brazil, Europe and other countries. The fungicide is designed with an aim to control Asian soybean rust. In 2017, ADAMA acquired the crop protection product of Syngenta AG, the Bravo, fungicides family product including Bravo Weather Silk, Bravo Ultrex and Bravo ZN to strengthen its fungicides product portfolio.

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In Jan 2019, FMC Corp. introduced Lucento fungicide to combat foliar disease and fungicide resistance. The US Environmental Protection Agency has approved registration for Lucento fungicide in soybeans, corn, peanuts, sugarbeets, and wheat. In August 2018, FMC introduced Ethos 3D fungicide that provides full protection from diseases to the crop such as corn, peas, soybean, and dry beans. The biofungicide present in it colonizes root hairs and grows along with root systems and to provide a protective layering from fungal pathogens which help in more uniform crop production.
In March 2019, Nufarm Ltd. launched Tamiz fungicide in Brazil as a step towards expanding its geographical presence. Tamiz fungicide is designed with an aim to provide control and prevention of fungal activities in corn, wheat, beans, and coffee plants. It contains two active ingredients azoxystrobin and tebuconazole. The fungicide will benefit the farmers to produce high yield and high-quality crops to recover the huge cost associated with the production of the crop.

Global Fungicides Market Segmentation
By Type
• Synthetic Fungicides
• Biological fungicides

By Crop Type
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

By Form
• Liquid
• Powder

Global Fungicides Market – Segment by Region
North America
• United States
• Canada

Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World
• Latin America
• Middle East and Africa

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