Market Size of United States Nematicides Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.60 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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US Nematicides Market Analysis
United States Nematicides market is projected to grow at a CAGR of 5.6% during the forecast period (2020-2025). Owing to the presence of various nematode species attacking a wide range of economically important crops and awareness of farmers regarding the chemical nematicides application, the country has garnered the highest share in the North American market.
- In 2019, by chemical type, the fumigants segment dominated the market. Soil fumigation is the most widely accepted practice for crop treatment against nematodes. In United States, Meloidogyne, Heterodera, Tylenchulus, Rotylenchulus, and Protylenchulus are the common agricultural pest nematodes. Due to their high volatility, chemical fumigants are used in enclosed spaces, like greenhouses, warehouses, etc.
- Bayer AG, American Vanguard Corporation, Corteva Agriscience and Syngenta International AG are some of the major players who have their presence in the region.