Azoxystrobin Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.

Los Angeles, CA -- (SBWire) -- 05/22/2019 --This report studies the global Azoxystrobin market status and forecast, categorizes the global Azoxystrobin market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa). 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. The global Azoxystrobin market is valued at 460 million US$ in 2017 and will reach 1330 million US$ by the end of 2025, growing at a CAGR of 14.3% during 2018-2025.

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The major manufacturers covered in this report

Syngenta

Suli Chemical

Shanghai Heben

Nutrichem

Limin Chemical

Udrangon

Jiangsu Flag Chemical

Jiangsu Frey

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Azoxystrobin Tech 98% Min

Azoxystrobin Tech 95% Min

Others

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Cereals & Grains

Fruits & Vegetables

Oilseeds & Pulses

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