Boscalid Market Overview
Boscalid Market size is expected
to be valued at US$782 million by the end of the year 2027 and is set to grow at a CAGR of 4.6% during the forecast period from 2022-2027. Boscalid
is an anilide fungicide,
a substance that is used in destroying fungal pests. Boscalid is a new range of
fungicide that contains xenobiotic,
a substance that is not naturally found in ecosystem but helps in
detoxification of chemical substances. Boscalid also contains pyridinecarboxamide, a type of picolinic
acid that helps in providing anti-proliferative effects. Boscalid is widely
used in fungicides to control a range of plant pathogens in horticultural and
broadacre crops. The increase in the number of agricultural activities across
the world is majorly driving the boscalid market.
COVID-19 impact
Amid the Covid-19 pandemic, the boscalid
market was hugely affected owing to the various legal and economic restrictions
laid by governments across the world. Due to the global pandemic, covid-19,
almost all major countries and cities went into total shutdown and many
restrictions were imposed. Any movements including movement of people and goods
were banned fearing the spread of the corona virus. This hugely impacted the
boscalid market, as the sales crashed down due to the exponential decrease in
demand. The situation is however set to improve by the year ending 2021.
Report Coverage
The report: “Boscalid Market – Forecast (2022-2027)”, by IndustryARC, covers an
in-depth analysis of the following segments of the Boscalid Industry.
Key Takeaways
- Asia-Pacific market held the
largest share in the boscalid market owing to the increase in demand for anilide fungicide from the agriculture
industry owing to the increase in population coupled with the increase in
demand for food.
- The various advantages provided
by boscalid such as low toxicity is also driving the boscalid market.
- The growing agricultural
industry is also one of the significant factors driving the boscalid market.
- Amid the Covid-19 pandemic, the
boscalid market was majorly affected in terms of sales and distribution during
the global pandemic. The situation is however set to improve by the end of the
year 2021.
FIGURE: Boscalid Market Share, By Formulations, 2021 (%)
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Boscalid Market Segment Analysis – By Formulations
Wettable
granule segment held the largest share in the boscalid market in
the year 2021. Wettable
granule usually contains active ingredients and a mixture of boscalid and pyraclostrobin.
These wettable granules are majorly used on beans, stone fruit, cucurbit
vegetables, berries, grapes, bulb vegetables, canola, lettuce, edible peas,
carrots, fruiting vegetables, peanuts, pistachios, potatoes, tree nuts, strawberries,
Brassica vegetables (subgroups 5A and 5B), mint, certain root vegetables, and
sunflower seeds. Application of wettable granule through a broadcast spray at a
seasonal rate will help in increasing the efficiency of the yield and
production.
Boscalid Market Segment Analysis – By Application
Agricultural segment held the
largest share in the boscalid market in the year 2021, with a growing CAGR of 5.9% during the forecast period 2022-2027. Boscalid is an anilide fungicide that is used in
treatment against fungus that causes infestation to plants and crops.
Fungicides help in killing the growth of the fungus and eradicating the spores
of the fungus. Anilide
fungicide helps in controlling fungi that damage plants including
mildews, blights and rusts. The increase in agricultural activities across
the globe is majorly increasing the demand for pesticides such as fungicides,
herbicides, bactericides and others, which is further driving the demand for
boscalid market.
Boscalid Market Segment Analysis – By Geography
Asia-Pacific region held the largest share of 37% in the boscalid market in the year 2021. The increase in the population in countries like China, India and Indonesia coupled with the increase in the demand for food is increasing the demand for agricultural activities. According to worldometer, the population of China was highest in the world during the year 2020 at an increase of 0.39% from the previous year 2019. India is the second largest populated country in the year 2020, with an increase of 0.99% from the previous year 2019. The population of Indonesia increased by 1.07%, standing as the fourth largest populated country in the world. According to Indian Brand Equity Foundation, agriculture is the primary source of livelihood for about 58% of India’s livelihood. China implemented The Soil Pollution Prevention and Control Law, which came into force from the year 2019. This is further driving the demand for boscalid market in the region.
Boscalid Market Drivers
Enhanced properties of boscalid
The enhanced properties of boscalid such as low toxicity is majorly driving the boscalid market. The low toxicity of boscalid helps in retaining the vitamins and nutrients of the plant, as much as it helps in eradicating the fungus. Boscalid is an anilide fungicide and is very safe for plants and also covers a very wide range of disease spectrum. Boscalid controls a wide range of fungal pathogens in various range of crops such as specialty crops and other plants such as turf and ornamentals. Boscalid has a low aqueous solubility and is not volatile. Boscalid can be persistent in both aquatic and soil systems, depending on the condition. This is increasing the demand for boscalid market.
Growth in the agricultural industry
The growing agriculture industry across the globe is one of the significant factors driving the demand for boscalid market. According to US department of agriculture, the agriculture and food related industries in USA contributed about 5.2% share of the total GDP during the year 2020. According to National statistics of UK, the production of seeds increased by 17% in the year 2020 and the production of plant protection products increased by 10%. According to the total value of farm production in Japan was US$84,162 million during the year 2019, an increase of 2.63% fromUS$81,999 during the year 2018. This will further increase the demand for boscalid market.
Boscalid Market Challenges
Performance over time
Since boscalis is a combination anilide fungicide, it consists of a
combination of components. This mixture sometimes could cause adverse reactions to the crops and
soil. This might further affect the health and quality of the crop or plant.
Therefore, this can cause side effects to humans consuming the crop. Therefore,
it is not a very preferred type of fungicide, and is rarely used in particular
type of crops. Therefore, this is restricting the growth of the boscalid
market.
Boscalid Market Industry Outlook
Acquisitions and mergers, production expansion, facility
expansion collaborations, partnerships, investments, are some of the key
strategies adopted by players in the Boscalid Market.
Major players in the Boscalid Market include:
- Wuxi City Jia Bao Pharmaceutical
- Vesino Industrial
- AnHui HaiShun Chemical
- BASF
- Hangzhou Weiyuan Chemical
- Junkai (Tianjin) Chemical
- Kaimei Taike (Tianjin) Chemical Technology
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Table1 Boscalid Market Analysis Overview 2023-2030
Table2 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table3 Boscalid Market Analysis Overview 2023-2024
Table4 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table5 Boscalid Market Analysis Overview 2023-2025
Table6 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table7 Boscalid Market Analysis Overview 2023-2026
Table8 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table9 Boscalid Market Analysis Overview 2023-2027
Table10 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table11 Boscalid Market Analysis Overview 2023-2028
Table12 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table13 Boscalid Market Analysis Overview 2023-2029
Table14 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table15 Boscalid Market Analysis Overview 2023-2030
Table16 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table17 Boscalid Market Analysis Overview 2023-2031
Table18 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table19 Boscalid Market Analysis Overview 2023-2032
Table20 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table21 Boscalid Market Analysis Overview 2023-2033
Table22 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table23 Boscalid Market Analysis Overview 2023-2034
Table24 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table25 Boscalid Market Analysis Overview 2023-2035
Table26 Boscalid Market Analysis Leader Analysis 2023-2030 (US$)
Table27 Boscalid Market Analysis Overview 2023-2036
List of Figures
Figure 1 Overview of Boscalid Market Analysis 2023-2030
Figure 2 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 3 Overview of Boscalid Market Analysis 2023-2024
Figure 4 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 5 Overview of Boscalid Market Analysis 2023-2025
Figure 6 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 7 Overview of Boscalid Market Analysis 2023-2026
Figure 8 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 9 Overview of Boscalid Market Analysis 2023-2027
Figure 10 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 11 Overview of Boscalid Market Analysis 2023-2028
Figure 12 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 13 Overview of Boscalid Market Analysis 2023-2029
Figure 14 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 15 Overview of Boscalid Market Analysis 2023-2030
Figure 16 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 17 Overview of Boscalid Market Analysis 2023-2031
Figure 18 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 19 Overview of Boscalid Market Analysis 2023-2032
Figure 20 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 21 Overview of Boscalid Market Analysis 2023-2033
Figure 22 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 23 Overview of Boscalid Market Analysis 2023-2034
Figure 24 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 25 Overview of Boscalid Market Analysis 2023-2035
Figure 26 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 27 Overview of Boscalid Market Analysis 2023-2036
Figure 28 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 29 Overview of Boscalid Market Analysis 2023-2037
Figure 30 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 31 Overview of Boscalid Market Analysis 2023-2038
Figure 32 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 33 Overview of Boscalid Market Analysis 2023-2039
Figure 34 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 35 Overview of Boscalid Market Analysis 2023-2040
Figure 36 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 37 Overview of Boscalid Market Analysis 2023-2041
Figure 38 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 39 Overview of Boscalid Market Analysis 2023-2042
Figure 40 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 41 Overview of Boscalid Market Analysis 2023-2043
Figure 42 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 44 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 45 Overview of Boscalid Market Analysis 2023-2045
Figure 46 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 47 Overview of Boscalid Market Analysis 2023-2046
Figure 48 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 49 Overview of Boscalid Market Analysis 2023-2047
Figure 50 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 51 Overview of Boscalid Market Analysis 2023-2048
Figure 52 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 53 Overview of Boscalid Market Analysis 2023-2049
Figure 54 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 55 Overview of Boscalid Market Analysis 2023-2050
Figure 56 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 57 Overview of Boscalid Market Analysis 2023-2051
Figure 58 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 59 Overview of Boscalid Market Analysis 2023-2052
Figure 60 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 61 Overview of Boscalid Market Analysis 2023-2053
Figure 62 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 63 Overview of Boscalid Market Analysis 2023-2054
Figure 64 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 65 Overview of Boscalid Market Analysis 2023-2055
Figure 66 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 67 Overview of Boscalid Market Analysis 2023-2056
Figure 68 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 69 Overview of Boscalid Market Analysis 2023-2057
Figure 70 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 71 Overview of Boscalid Market Analysis 2023-2058
Figure 72 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 73 Overview of Boscalid Market Analysis 2023-2059
Figure 74 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 75 Overview of Boscalid Market Analysis 2023-2060
Figure 76 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 77 Overview of Boscalid Market Analysis 2023-2061
Figure 78 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 79 Overview of Boscalid Market Analysis 2023-2062
Figure 80 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 81 Overview of Boscalid Market Analysis 2023-2063
Figure 82 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 83 Overview of Boscalid Market Analysis 2023-2064
Figure 84 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 85 Overview of Boscalid Market Analysis 2023-2065
Figure 86 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 87 Overview of Boscalid Market Analysis 2023-2066
Figure 88 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 89 Overview of Boscalid Market Analysis 2023-2067
Figure 90 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 91 Overview of Boscalid Market Analysis 2023-2068
Figure 92 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 93 Overview of Boscalid Market Analysis 2023-2069
Figure 94 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 95 Overview of Boscalid Market Analysis 2023-2070
Figure 96 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 98 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 100 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 101 Overview of Boscalid Market Analysis 2023-2073
Figure 102 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 104 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 105 Overview of Boscalid Market Analysis 2023-2075
Figure 106 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 108 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 109 Overview of Boscalid Market Analysis 2023-2077
Figure 110 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 112 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 113 Overview of Boscalid Market Analysis 2023-2079
Figure 114 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 115 Overview of Boscalid Market Analysis 2023-2080
Figure 116 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 117 Overview of Boscalid Market Analysis 2023-2081
Figure 118 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 119 Overview of Boscalid Market Analysis 2023-2082
Figure 120 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 122 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 124 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 126 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 128 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 129 Overview of Boscalid Market Analysis 2023-2087
Figure 130 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 131 Overview of Boscalid Market Analysis 2023-2088
Figure 132 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 133 Overview of Boscalid Market Analysis 2023-2089
Figure 134 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 135 Overview of Boscalid Market Analysis 2023-2090
Figure 136 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 137 Overview of Boscalid Market Analysis 2023-2091
Figure 138 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 139 Overview of Boscalid Market Analysis 2023-2092
Figure 140 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 141 Overview of Boscalid Market Analysis 2023-2093
Figure 142 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 143 Overview of Boscalid Market Analysis 2023-2094
Figure 144 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 145 Overview of Boscalid Market Analysis 2023-2095
Figure 146 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 147 Overview of Boscalid Market Analysis 2023-2096
Figure 148 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 149 Overview of Boscalid Market Analysis 2023-2097
Figure 150 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 151 Overview of Boscalid Market Analysis 2023-2098
Figure 152 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 153 Overview of Boscalid Market Analysis 2023-2099
Figure 154 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 155 Overview of Boscalid Market Analysis 2023-2100
Figure 156 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 157 Overview of Boscalid Market Analysis 2023-2101
Figure 158 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 160 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 162 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 164 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 166 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 168 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
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Figure 170 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 171 Overview of Boscalid Market Analysis 2023-2108
Figure 172 Market Share Analysis for Boscalid Market Analysis 2023 (US$)
Figure 173 Overview of Boscalid Market Analysis 2023-2109
Figure 174 Market Share Analysis for Boscalid Market Analysis 2023 (US$)