Liquid form of fungicides accounted for the largest share in the global fungicide market
The global fungicides market will be valued at USD 20.8 billion in 2022. It is projected to reach USD 28.0 billion by 2027, recording a CAGR of 6.1% during the forecast period.
According to the FAO, fungicide is a compound to kill fungus in a way more or less without selectivity. Most of the fungicides act at the beginning and the fungicide action is obtained after a prolonged interaction with the fungus. Fungicides are indispensable to global food security and their use is forecasted to increase. The fungicides market is witnessing high growth because of the increasing demand in developing countries, easy availability of crop protection products, the growing area under high-value cash crops such as fruits and vegetables, and the rise in demand for food products on account of the increasing population.
Liquid form of fungicides accounted for the largest share in the global fungicide industry by form type in 2021
Although with the apparent simplicity of the formulation, soluble liquids are one of the significant commercial formulation types. Some active ingredients Difenoconazole, Fludioxonil, Pydiflumetofen and Hexaconazole are dominant in the fungicides as they being water based helps in starting a development programme with a new active if the properties of the active ingredients are suitable in terms of stability and solubility.
Liquid fungicides help in achieving a high active content which is required in the commercial formulations as they aid with the spray drifting. Sometimes additives are added in the formulations such as surfactants and adjuvants to aid with leaf wetting and penetration.
Liquid formulations do not pose any health or mechanical problems as dusts so, their usage is now being adopted at a global level. While applying liquid based formulants the points to considered are: usage of appropriate formulation for a particular crop and the disease outbreak, the type of nozzle to be used, the water to formulant ratio is to be considered, the pH of the solution is to be checked before spraying, checking the weather conditions as rainy season is most suitable for liquid type for formulants and additions of adjuvants (penetrant or surfactant).
Bonide Liquid Copper Fungicide provided by Planet natural (providing quality natural and organic products for the home, lawn and garden) controls a large variety of plant diseases including peach leaf curl, powdery mildew, black spot, rust, anthracnose, fire blight and bacterial leaf spot. Use on vegetables, roses, fruits and turf.
Top fungicides companies include BASF SE(Germany), Syngenta AG (Switzerland), Corteva Agriscience (USA), UPL Ltd. (India) and FMC Corporation (US).