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Dithianon, a fungicide belonging to the quinone family, is used to control various pests. It acts as a conventional, protective, broad spectrum fungicide for apples, pears, and other fruits. The different types of pests it keeps a check on include Venturia, Plasmopara, Coryneum & Monilia & Taphrina, Botryosphaeria & Glomerella, and Podosphaera & Venturia. Dithianon is applied as a foliar spray on a surface to which it adheres well and offers excellent persistence when dried. This fungicide is generally consumed farming of fruits, crops and vegetables.
Based on disease, the dithianon market has been segmented into the following categories: scab, mildew, fruit rot, and others. Fruit rot accounts for a significant share in the global dithianon market due to rising prevalence of gloeosporium and penicillium expansum. The scab segment is expected to experience a high growth rate, led by the growth in bacteria such as venturia inaequalis and venturia pirina. Growing demand for apples and peers farming is predicted to boost the need for dithianon during the forecast period.
Geographically, the global market has been distributed over Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Asia Pacific was a major market for dithianon in 2015. The market for fungicides in this region is estimated to expand due to the ever-increasing requirement for agriculture and farming. Scab held a large share in the dithianon market in Asia Pacific in 2015. There has been a surge in diseases caused by plants’ increased exposure to different types of bacteria. Rising disposable incomes in North America and Europe are projected to propel the dithianon market in these regions, especially in the U.S. and U.K., apart from new product launches. The product is anticipated to garner high demand in Europe, Asia Pacific, and Australia due to the widespread fruits market in this region. Developing economies in Asia Pacific, namely China and India, are also projected to register a high growth rate in the dithianon market due to the rising incomes of consumers. Promotional measures taken by the government to push the agricultural sector are also likely to fuel the demand for dithianon in developing countries, besides research and development advancements and innovation in terms of new products.
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Global demand for fungicides is anticipated to rise significantly in the near future, thereby offering high growth opportunities for the dithianon market. The rapid rise in demand from end-use applications, competitive manufacturing costs, and high economic growth rates are propelling the market in Asia Pacific. These factors are attracting companies to adopt the strategies of expansion and R&D in the region. Market players are focusing on Asia Pacific to gain larger market shares. The high agricultural growing in Asia Pacific region is expected to boost the demand for dithianon market for the forecast period. Producers of dithianon have been compelled to adopt acquisition strategies to meet the global needs. Several of them are shifting their plants to countries such as China and India due to the high demand and low raw material & labor costs there. This trends are expected to continue in the near future propelling high demand for dithianon market.
Key players operating in the global dithianon market are AgChemAccess Limited, SIMAGCHEM, Haihang Industry Co., Ltd., Parchem fine & specialty chemicals, Krishi Rasayan Group, Sigma-Aldrich Co. LLC., and BASF ES. The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications. The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa) The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain. A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period. Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market
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