Kresoxim Methyl Market - By Type, By Application, By End Use and By Geography Analysis - Forecast 2020 – 2025

Report Code: CMR 78790 Report Format: PDF + Excel (Delivery in 48 Hrs)
Kresoxim Methyl Market size is forecast to reach $ 5 billion by 2025 after growing at a CAGR of 6% during 2020-2025. Kresoxim methyl is a chemical compound from the group of strobilurine, which is an active ingredient in plant protection. The growth of the market of kresoxim methyl is expected to be driven by the high demand from the Chemical industry. The other growth factor is agriculture industry which is using kresoxim methyl as a fungicide, which protects plants from scab and other fungal diseases.

Report Coverage
The report: “Kresoxim Methyl Market-Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of kresoxim methyl Industry.

By Type: Powder, Solution, and Others. 
By Application: Animal Husbandry, Agrochemical, Food Additives, Pesticides, Fungicide, Cosmetics, Laboratory, and Others.
By End Use: Agriculture, Industrial, Manufacturing, Chemical, and Others.
By Geography: North America, South America, Europe, APAC, and RoW. 

Key Takeaways
  • Asia-Pacific dominates the kresoxim methyl market owing to increasing demand from chemical industry.
  • Rise in the number of diseases in plant is the key driver of the kresoxim methyl market. 
  • Kresoxim methyl may induce pain in the respiratory tract and eyes, pruritus, skin redness, weakness, headache, and dizziness are likely to hinder the market growth of kresoxim methyl.

By Type - Segment Analysis
Solution segment held the largest share in the kresoxim methyl market in 2019. Kresoxim methyl solution is used as fungicide in the agriculture field to protect the crops from fungal pathogens. The growth in population and the consequent rise in demand for food materials have led to an increase in the need for crop protection chemicals, thereby increasing the demand for innovative fungicides solutions across regions. There is an increase in the usage of fungicide in floriculture, horticulture, and mainly in farming to increase the yield of crops and to protect crops from several diseases. In farming, fungicides are primarily used in cereal crops. In modern farming, fungicides play a crucial role in protecting crops from fungal diseases. Changes in farming techniques and technological advancements have encouraged the farmers to engage in effective pest management. The global fungicides market is projected to witness significant growth due to factors such as the increase in demand for food security by the growing population, advancement in farming practices & techniques, and changing climatic conditions that favors disease occurrence.

By Application - Segment Analysis
Agrochemical sector has been the primary market for kresoxim methyl market in 2019. The agrochemicals sector is considered to be one of the most important segments of kresoxim methyl, due to the expanding commercial cultivation of high value crops to meet the rising diversified food demand. Agrochemicals are consequently seen as those products, which improves the return on investment and also aid in meeting farmer’s as well as consumer demands, from the economical and health perspective with increasing per hectare production of quality agricultural products. Kresoxim methyl is the main ingredient in the manufacture of agrochemical. This factor will drive the growth of the market in the forecast period.

By End use - Segment Analysis
Agriculture sector has been the primary market for kresoxim methyl in 2019 growing at CAGR of 9%. Kresoxim methyl is used to manufacture of pesticides, fungicide and other agriculture based products. With global agriculture spending expected to rise, it will likely present many opportunities for the agriculture sector. According to OECD (organization for economic co-operation and development), the world agriculture production will increase at an annual rate of 1.5%. The yield of oil seeds and grains is predicted to say low as the operational and manufacturing costs increase. The agriculture market is primarily driven by the growing demand for food crops worldwide owing to significant population increase. The increasing automation of farm operations, and integration of advanced technologies to increase food production and improve crop quality boosts the market growth of agriculture sector. The growing requirement to monitor livestock, and the use of pesticides and fertilizers drive the market growth of Kresoxin methyl.

Geography - Segment Analysis
APAC dominates the kresoxim methyl market with a share of 39% followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of south East Asia, the current scenario is changing. Countries in south East Asia are witnessing high growth in the agriculture and chemical industries. In addition, kresoxim methyl is preferred over the other fungicides such as sodium cyanide, owing to its protective, curative, eradicative action, and long residual effects.
The 2019–20 coronavirus pandemic has had far-reaching consequences beyond the spread of the disease and efforts to quarantine it. As the pandemic has spread around the globe, concerns have shifted from supply-side manufacturing issues to decreased business. China is the major producer of kresoxim methyl that form the base of products both ready-made pesticides and the insecticide which supplied globally. Any disruption in the Chinese supply chain could create potentially debilitating shortages of these in the critical lead up to the planting of the winter crop throughout the autumn period. This factor will hinder the growth of the market but when situation became normal it will grow with a steady rate in the forecast period.

Drivers – Kresoxin Methyl Market
  • Rise in the number of diseases in plant will drive the market
Kresoxim methyl is a concoction compound from the gathering of strobilurin, which is a functioning fixing in plant insurance. It is utilized as a fungicide, which shields plants from scab and other contagious infections. A portion of the normal plants on which Kresoxim methyl is utilized as a fungicide are apples, grapes, pears, cucurbit vegetables, and others. Furthermore, kresoxim methyl is favored over different fungicides, inferable from its defensive, corrective, eradicative activity, and long lingering impacts.  Utilization of this fungicide represses the development of molds, impact, and sheath curse. Ascend in the quantity of infections in plant is the key driver of the kresoxim methyl market. 

  • Rise in the no of companies manufacturing Kresoxim-methyl
The number of companies manufacturing Kresoxim-methyl are increasing due to its rise in demands in the agriculture sector. Countries like India and China are manufacturing kresoxim-methyl because to full-fill the needs of their home-grown market. This factor will derive the market growth of kresoxim-methyl in the forecast period. 

Challenges – Kresoxin Methyl Market
  • Complications related to handling of the chemical restrains the market
Kresoxim-methyl can affect several body systems. One of these is the integumentary system as it has been found to irritate the skin. Another body system affected by kresoxim-methyl is the ocular system as it may irritate the eyes. Moreover, the respiratory system can be adversely affected by kresoxim-methyl as it can irritate the respiratory tract. This fungicide can also negatively affect the digestive system as it may damage the esophagus or the gastrointestinal tract. In addition, it can be a potential liver toxicant.

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the kresoxim-methyl market. In 2019, the market of kresoxim-methyl has been consolidated by the top five players accounting for xx% of the share. Major players in the Kresoxim-methyl Market are Bessen Chemical Ltd, Essence Group, BASF SE, SinoHarvest Corp, Jigs Chemical and others.

Acquisitions/Technology Launches/ Product Launches
  • In January 2019, Rallis India Ltd., a TATA Enterprise launched Zygant and Ayaan for Indian farmers. The new solution offered by Rallis India will help the farming community for effective management of the pest, Rice Stem Borer while Ayaan 48% WG (Kresoxim-methyl 40% + Hexaconazole 8% WG), an excellent preventive, protectant and eradicate fungicide will aid in effective management of various crop diseases and enhance farm yield.

1. Kresoxim Methyl Market- Market Overview
    1.1 Definitions and Scope
2. Kresoxim Methyl Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Application
    2.4 Key trends by End Use
    2.5 Key trends by Geography
3. Kresoxim Methyl Market - Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Kresoxim Methyl Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Kresoxim Methyl Market – Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis – Top 10 companies Investment
6. Kresoxim Methyl Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Kresoxim Methyl Market -Strategic analysis 
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Kresoxim Methyl Market – By Type (Market Size -$Billion)
    8.1 Powder
    8.2 Solution
    8.3 Others
9. Kresoxim Methyl Market – By Application (Market Size -$Billion)
    9.1 Animal Husbandry
    9.2 Agrochemical
    9.3 Food Additives
    9.4 Pesticides
    9.5 Fungicide
    9.6 Cosmetics
    9.7 Laboratory
    9.8 Others
10. Kresoxim Methyl Market – By End use(Market Size -$Billion)
    10.1 Agriculture
    10.2 Industrial manufacturing
    10.3 Chemical
    10.4 Others
11. Kresoxim Methyl Market - By Geography (Market Size -$Billion)
    11.1 North America
        11.1.1 U.S
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Colombia
        11.2.4 Chile
        11.2.5 Rest of South America
    11.3 Europe
        11.3.1 UK
        11.3.2 Germany
        11.3.3 France
        11.3.4 Italy
        11.3.5 Netherland
        11.3.6 Spain
        11.3.7 Russia
        11.3.8 Belgium
        11.3.9 Rest of Europe
    11.4 Asia-Pacific
        11.4.1 China
        11.4.2 Japan
        11.4.3 India
        11.4.4 South Korea
        11.4.5 Australia and New Zeeland
        11.4.6 Rest of APAC
    11.5 Rest of the World
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 U.A.E
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Kresoxim Methyl Market - Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. Kresoxim Methyl Share Analysis (Premium)
    13.1 Market Share by Country- Top companies
    13.2 Market Share by Region- Top companies
    13.3 Market Share by type of Product / Product category- Top companies
    13.4 Market Share at global level- Top companies
    13.5 Best Practices for companies
14. Kresoxim Methyl Market- List of Key Companies by Country (Premium)  
15. Kresoxim Methyl Market Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

List of Tables

1 US Kresoxim Methyl Market Size 2018
2 Canada Kresoxim Methyl Market Share 2018
3 Brazil Kresoxim Methyl Market Outlook 2019 - 2023
4 Mexico Kresoxim Methyl Market Research 2018
5 Germany Kresoxim Methyl Market Trends 2019 - 2023 
6 France Kresoxim Methyl Market Growth 2019 - 2023 
7 UK Kresoxim Methyl Market Demand 2019 - 2023 
8 Italy Kresoxim Methyl Market Segmentation 2018
9 Russia Kresoxim Methyl Market Analysis 2019 - 2023
10 China Kresoxim Methyl Market Revenue 2019 - 2023
11 Japan Kresoxim Methyl Market Volume 2019 - 2023
12 South Korea Kresoxim Methyl Market Potential 2019 - 2023
13 India Kresoxim Methyl Market Leaders 2018
14 Saudi Arabia Kresoxim Methyl Market Forecast 2019 - 2023 
15 Kuwait Kresoxim Methyl Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link