The broad spectrum fungicide can be applied as a standalone treatment for controlling fungal diseases such as leaf spot, Anthracnose, Downy mildew, Pythium blight, and rust on a wide range of vegetables, fruits, crops, and nuts.
Albany, NY -- (SBWIRE) -- 05/15/2017 -- Global Mancozeb Market: Overview
Mancozeb, as the name suggests, is a combination fungicide made of manganese (maneb), zinc (zineb). The mixture of these two organic functional groups makes this type of fungicide applicable across a wide range of crops. The mode of action of mancozeb fungicides is non-systemic, multi-site protective, and action only on contact with the target crop part. Once the fungicide attacks multiple sites in the fungal cells, inactivating amino acids and several growth enzymes and disrupting activities such as respiration, lipid metabolism, and reproduction.
The broad spectrum fungicide can be applied as a standalone treatment for controlling fungal diseases such as leaf spot, Anthracnose, Downy mildew, Pythium blight, and rust on a wide range of vegetables, fruits, crops, and nuts. The fungicide is also used in combination with several other fungicides to lead to specialized and better disease management results.
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This report on the global market for mancozeb presents an extensive account of the present state of the market and its segments, key factors influencing the overall development of the market, and the level of competition in the market. Verifiable projections estimating the potential growth pattern of the market and its segments over the period between 2017 and 2025 are also included in the report.
Global Mancozeb Market: Drivers and Restraints
The key factor driving the global demand for mancozeb is the vast rise in demand for food products to sustain the mounting global population. The need to be able to fulfill these significantly rising food demands has compelled governments to focus on implementing ways to avoid food spoilage and wastage. Management of fungi, which can grow on a wide range of substrates destroying vast food resources in a short time span, requires proper attention to avoid food spoilage and financial losses to farmers. It is owing to the rising focus on this aspects that mancozeb-based fungicides, known to be effective on a variety of crops, are also observing increased demand globally.
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However, the market's growth prospects could be hindered due to an increased trend of substituting synthetic fungicides with biofungicides, owing to the seemingly negative impacts of on the health of living organisms consuming food products with traces of the former and on the environment. The rising popularity of organic farming is also a key restraint expected to deal a blow to the overall growth prospects of synthetic fungicides of the likes of mancozeb. Environmental regulations in developed countries also require the limited usage of synthetic fungicides and could hamper the growth prospects of the market to a certain extent.
Global Mancozeb Market: Geographical and Competitive Dynamics
The market for mancozeb is expected to gain excellent opportunities in emerging economies across regions such as South Africa, Latin America, and Asia Pacific. Asia Pacific is expected to retain its dominance in the market, owing to large-scale production facilities across China and India. The market for mancozeb in Europe, amongst one of the leading demand drivers of the global market, is expected to exhibit growth at a modest pace owing to stringent environmental regulation.
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The global market for mancozeb is characterized by a high level of consolidation. Over the past few years, the numbers of mergers and acquisitions activities have significantly increased in the market, further intensifying the level of consolidation. This has created high entry barriers for new players. Some of the key players operating in the market are Dow AgroSciences, Heibei Shuangi Chemical Co., Ltd, Nantong DAS Chemical Co., Ltd., Bayer, Hebei Shuangji Chemical, and Ningbo Generic Chemical Co., Ltd.
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