Nematicides Market worth $1,329.5 Million by 2019 at a healthy CAGR of 3.2%

According to a new report "Nematicides Market by Types (Fumigants, Organophosphates, Carbamate and Bio-Nematicides), Applications (Agrochemicals, Industrial, and Others) and Geography (North America, Europe, Asia-Pacific & ROW) - Global Trends & Forecasts to 2019", is projected to grow at a healthy CAGR of 3.2% between 2014 and 2019. Bio-nematicides are projected to grow at the highest CAGR of 4.2%, because of the fact it is environmental friendly nature of the products.

Browse 105 market data tables and 42 figures spread through 261 pages and in-depth TOC on "Nematicides Market - Global Trends & Forecasts to 2019".

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The report defines and segments the nematicides market with analyses and projections of the market size, in terms of value and volume. The market has been segmented on the basis of types and applications of nematicides. The report also identifies the driving and restraining factors of the global market with analyses of trends, opportunities, winning imperatives, and challenges. The market is segmented and market size is forecasted on the basis of the key regions including North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW). Key countries are covered and market size and trends are projected for each region.

Nematicide is a type of chemical pesticide used to kill plant-parasitic nematodes. Nematicides have tended to be broad-spectrum toxicants possessing high volatility or other properties for better penetration through the soil. Nematodes are microscopic parasitic roundworms, found in massive quantities virtually everywhere in the soil, water, and inside other plants and animals. Nematicides are primarily available in two different delivery forms, fumigants and contact applications, with a very small portion of product currently in the form of integrated seed treatment. While fumigants are administered several weeks before planting, contact nematicides are applied during planting. As both treatments are equally effective for preventative measures taken before the root system are fully developed.

Regulatory issues are a significant factor in limiting future uses of fumigants and nematicides. Concerns about human health and environmental impacts can lead to the cancellation of registration of products or the phase-out of uses. The cost of re-registration is another limiting factor. Breakthroughs in transgenic seeds for pest-resistance can lead to replacement of fumigants and nematicides in the future. On the other hand, for farmers and growers, competitive advantage is a key to their success. They will continue to use fumigants and nematicides if there is no alternative. For example, strawberry growers in California have yet to find a viable alternative to methyl bromide. In addition, improved biofuel technologies could support the growth of crop acreage, thus leading to increase in fumigant and nematicide use.

In, 2013, U.S., France, Brazil, and Japan were the largest nematicide markets among countries included in the report. Vegetables constituted the largest crop group, followed by field crops and specialty crops, for the nematicides market.

The report also touches on various other important aspects of the market. It includes an analysis of the competitive landscape. In addition, key players of this market have also been profiled.

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