Global Nematicides Market Size, Share, Opportunities, COVID-19 Impact, And Trends, By Type (Fumigants, Bio Nematicides, Organophosphates, Carbamates, Others), By Form (Liquid, Granular), By Applications (Fumigation, Seed Treatment, Drenching, Soil Dressing, Others), And By Geography - Forecasts From 2022 To 2027

The global nematicides market is expected to grow at a compound annual growth rate of 4.02% over the forecast period to reach a market size of US$1.882 billion in 2027 from US$1.428 billion in 2020. 

There are a substantial need and use of different types of pesticides to remove harmful pests and other types of organisms. This will help in the enhancement of overall food production and yield. Nematicides are a type of pest control agent and solution widely becoming popular in the global agriculture market. It is known as a type of chemical agent used to control and remove parasites, worms, or other types of harmful pests. They have been used in agriculture practices in various forms for centuries.

There are several types of novel nematicides available in the market, and various key players and manufacturers are investing a considerable sum of capital into the development of sustainable and environmentally friendly nematicides. This type of chemical agent is predominantly used to remove nematodes. To protect crop seeds from nematode infestation, small doses of nematicides are employed and distributed in the field. . The nematicides are planted during the most critical and imperative stage of the plant's growth or crop. Nematicides are applied in a precise way throughout a field. In terms of plant population density, they are applied consistently. . There is a widespread need for a plant population density map. It helps in the plantation of nematicides in those areas where the concentration of nematodes is comparatively at a considerable rate. Digital agriculture and farming play an imperative role in determining harmful nematode pests. These types of chemical agents are primarily used in sandy soils and coarse-textured regions. A geographic information system is used in the production of field maps that help in locating nematode content in a specific region. Various types of technological advancements will play an indispensable role in the growth of the nematicide market during the forecast period. Planting a site-specific method and application is another form of advanced development, which was introduced by a group of researchers from the southeast USA. This method helps reduce costs, rates, and other effects, while it holds on to its essential properties of protecting from parasitic and harmful nematodes. With the help of real-time and satellite navigation and GPS, the method is beneficial for planting nematicides in a specific region.

There has been a decent impact of COVID-19 on the Global Nematicides market. The market is consolidated and is dominated by major players such as Bayer AG, Syngenta AG, UPL Ltd, and others. These companies have a considerable presence in the majority of the regions and are also operating manufacturing facilities in those regions. 

There has been a surge in the demand for Bio-Based Nematicides products, and this type will register significant growth during the forecast period. 

Even though chemical and synthetic nematodes continue to hold a significant share of the market and generate exponential growth in the coming years, there has been an emergence of the usage of bionematicides in agricultural fields and regions. One of the reasons for the growth of this particular type is a surge in the adoption of integrated pest management techniques and sustainable and environment-friendly agricultural practices worldwide. Integrated pest management has been adopted by the European Union, and it has become a necessary regulation for the key players operating in the region. It would be difficult to function in the European Region without adhering to those regulations. These rules are designed to reduce the adverse impacts of pesticides while also promoting long-term goals. The cultivation area under Organic lands increased significantly from 13,532 hectares in 2016 to 15,635 hectares in 2018, according to data published by the European Union. . There are certain specific types of nematodes, like cyst, lance, root-knot, and sting, that will drive the bio nematicides' growth in the coming years. There are several pieces of evidence and observations conducted by various prominent institutions and R&D centers that showed that bio nematicides products act interactively with other types of agricultural inputs, which also passes the consideration for environment-friendly and sustainable IPM programs. According to a report published by the Egyptian Journal of Biological Pest Control, Fluorescent and Viride, one of the types of bio-based nematicide, when combined with neem cake, showed effective solutions and results in controlling and removing Meloidogyne Incognita. According to the journal of the International Organisation for biological control, an article published in 2017 stated that there had been a rise in the commercialization and adoption of various types of bio-nematicides in the United States in the last few years. There has been considerable research conducted in developing Purpureocillium and Pasteuria spp as possible nematicides. In India, the overall usage of biopesticides has registered significant growth in the last 25 years. The growth has surged from 123 metric tonnes in 1995 to 7,682 metric tonnes in 2019 under the scheme “Strengthening and Modernisation of Pest Management Approach.”

North America holds a major share and will register significant growth during the forecast period. The US market is growing at a supplementary rate because of the presence of various types of nematode pesticides that are impacting the growth of economic and essential crops. The country also has a higher per capita income, which is a major factor in the market's rise. Farmers in the country are adopting and investing in sustainable and environment-friendly pesticides gradually. Chemical Fumigants still hold a significant share of the market and soil fumigation is widely popular in the region. The soil fumigation method is applicable for the shorter term, and because of the substantial vitality of chemical nematicides, the chemicals are stored in warehouses, greenhouses, and others. Asia Pacific region will also register significant growth because of the presence of major players and an immense agriculture market.

Key developments:

• BioConsortia Inc. introduced two novel nematicides for corn and other agricultural crops in March 2022. The new solutions help farmers combat nematode pests while also increasing crop production.

Covid-19 Impact on Global Nematicides Market:

COVID-19 wreaked havoc on the agri-inputs industry. The market's supply chain is interconnected by raw material transportation, production plants, manufacturers, transportation, and logistics. COVID-19 has had an impact on logistics all across the world. The economic and logistical impact on the nematicide business continues to be a challenge.

Global Nematicides Market Scope:

Segmentation:

• By Type
  • Fumigants
  • Bio nematicides
  • Organophosphates
  • Carbamates
  • Others
• By Form
  • Liquid
  • Granular
• By Applications
  • Fumigation
  • Seed Treatment
  • Drenching
  • Soil Dressing
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • Spain
    • United Kingdom
    • France
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • Others
  • Asia Pacific
    • China
    • Japan
    • Australia
    • India
    • South Korea
    • Indonesia
    • Others

Syngenta Crop Protection AG

Bayer AG

BASF SE

Horizon Group

Adama Agricultural Solutions Ltd

UPL Limited

Valent USA

Certis USA LLC

Real IPM Kenya

T. Stanes & Company Ltd