Global Azoxystrobin Market Growth 2019-2024

SKU ID : LPI-13881475 | Publishing Date : 22-Feb-2019 | No. of pages : 139

The Azoxystrobin market is one type of funbicide of Strobilurin. Azoxystrobin is a systemic, broad-spectrum fungicide that was first introduced in 1998. It inhibits spore germination and is used on grape vines, cereals, potatoes, apples, bananas, citrus, tomatoes and other crops.
In 2017, the global Azoxystrobin market is led by North America, capturing about 39.29% of global Azoxystrobin production. China is the second-largest region-wise market with 36.43% of production share.
At present, the major manufacturers of Azoxystrobin are Syngenta, Suli Chemical, Shanghai Heben, Nutrichem, Limin Chemical. Syngenta is the world leader, holding 57.56% production market share in 2017. Now ChemChina takeover of Syngenta.
In application, Azoxystrobin downstream is wide and recently Azoxystrobin has acquired increasing significance in various crops, such as Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses. Globally, the Azoxystrobin market is mainly driven by growing demand for Cereals & Grains which accounts for nearly 46.51% of total downstream consumption of Azoxystrobin.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Azoxystrobin production will show a trend of steady growth. In 2024 the production revenue of Azoxystrobin is estimated to be 1201 Million USD. On product prices, the slow downward trend in recent years will maintain in the future.

According to this study, over the next five years the Azoxystrobin market will register a 14.0% CAGR in terms of revenue, the global market size will reach US$ 1000 million by 2024, from US$ 460 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Azoxystrobin business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Azoxystrobin market by product type, application, key manufacturers and key regions and countries.

This study considers the Azoxystrobin value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Azoxystrobin Tech 98% Min
Azoxystrobin Tech 95% Min
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Cereals & Grains
Fruits & Vegetables
Oilseeds & Pulses
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Syngenta
Suli Chemical
Shanghai Heben
Nutrichem
Limin Chemical
Udrangon
Jiangsu Flag Chemical
Jiangsu Frey

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Azoxystrobin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Azoxystrobin market by identifying its various subsegments.
Focuses on the key global Azoxystrobin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Azoxystrobin with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Azoxystrobin submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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