Nematocide is defined as a chemical pesticide that is used to eliminate plant-parasitic nematodes which is generally available in the form of syrup. The important aspects related to use of nematicides include cost effectiveness, ease of operation and improve efficiency.
The growth for Nematocide market is driven due to factors like increasing industrialization across the globe, rapid urbanization, increasing demand for food, growing awareness of the benefits of nemaiticides. In addition, technological advancements, introduction of new products, and increasing investments for R&D activities are expected to propel the market growth. However, stringent government regulations, and lack of awareness about Nematocide is expected to hinder the market growth during the forecast period.
Based on geography the Nematocide market has been primarily divided into Asia Pacific, Middle East and Africa, North America and Latin America. North America holds the largest market share in the global Nematocide market. Asia-Pacific regions like China and India are expected to witness high growth rate for Nematocide market during the forecast period.
Leading companies for Global Nematocide market are FMC Corporation, Monsanto, Syngenta AG, Dow Agrosciences, E.I. DU Pont De Nemours and Company, Adama Agricultural Solutions Ltd., Valent, Bayer CropScience AG, and ASF SE.
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