Kresoxim Methyl Market Size, Analysis, Share & Forecast 2030

Segments - Kresoxim Methyl Market by Types (Powder and Solutions), Applications (Agriculture, Laboratory, and Chemical Industry), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

The global kresoxim methyl market size is expected to reach USD 5 billion by 2028 after expanding at a CAGR of 6% from 2020. Growth of the kresoxim methyl market is attributed to high demand from the chemical industry.

Global Kresoxim Methyl Market Key Takeaways

Kresoxim methyl is a chemical compound, which is an active ingredient in plant protection. It is used as a fungicide, which protects plants from fungal diseases and scab. Apples, grapes, pears, cucurbit vegetables, and others are some of the common plants on which Kresoxim methyl is used. This fungicide inhibits the growth of blast, mildews, and sheath blight. Increasing number of diseases in plants is the major driver of the Kresoxim methyl market. Additionally, Kresoxim methyl is preferred over other fungicides, owing to its protective, curative, eradicative action, and long residual effects. The two main types of fungal diseases seen on plants are cytospora canker and rhizosphaera. Each and every type of chemicals needs to be used only under strict trained professionals.

Market Trends, Drivers, Restraints, and Opportunities

Kresoxim methyl helps to eliminates scab and other fungal diseases from plants, which in turn, is propelling the market.
Increasing quantity of infections in plants is the key driver of the kresoxim methyl market.
Rising usage of kresoxim methyl in the chemical industry and laboratories is projected to drive the market.
Difficulties related to handling of the chemical are estimated to hinder the market growth.
Kresoxim methyl market opportunities are estimated to increase, due to its use in research and agriculture.

Scope of the Report

The report on the global kresoxim methyl market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Kresoxim methyl Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Powder and Solutions) and Applications (Agriculture, Laboratory, and Chemical Industry)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Bessen Chemical Ltd, Essence Group, BASF SE, Jingbo Agrochemicals Technology Co., Ltd, SinoHarvest Corp, and Kenvos Biotech Co., Ltd, and Jigs Chemical

Market Segment Insights:

The solution segment held a major market share in 2019
Based on types, the global kresoxim methyl market is segregated into powder and solutions. The solution segment is expected to expand at a high CAGR during the forecast period. Kresoxim methyl solution is used in agriculture field as a fungicide to avoid fungal pathogens on crops. Technological advancements and changes in farming techniques are expected to drive the market. Demand for kresoxim methyl solution increased, due to its easy dissolving feature as compared to the powder form.

The agriculture segment is expected to expand at a high CAGR during the forecast period
On the basis of applications, the global kresoxim methyl market is fragmented into agriculture, laboratory, and chemical industry. Kresoxim methyl is used to manufacture fungicide, pesticide, and other agriculture products. The agriculture market is driven by rising demand for food crops worldwide, owing to increasing population.

The market in APAC is projected to hold a major revenue share
In terms of regions, the global kresoxim methyl market includes Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific held a share of more than 40% in 2019. China being the major producer of kresoxim methyl forms the base of ready-made pesticides and insecticides and is estimated to drive the market in the region. Developing countries such as China and India are focusing on manufacturing kresoxim methyl to fulfill the rising demands in the region. The supply has been affected due to the pandemic and has affected the crops in all regions.

The amount of kresoxim methyl is more in APAC than other regions, but its demand is more in North America than other regions. Most of the researches are done in North America and Europe, due to the huge farm land and use of modern technology for farming and agriculture.

Segments

Segments Covered in the Report
The global Kresoxim Methyl market is segmented on the basis of

Types

Powder
Solution

Applications

Agriculture
Laboratory
Chemical Industry
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Bessen Chemical Ltd.
Essence Group
BASF SE
Jingbo Agrochemicals Technology Co., Ltd.
SinoHarvest Corp.
Kenvos Biotech Co., Ltd.
Jigs Chemical

Competitive Landscape

Key companies in the global kresoxim methyl market include Bessen Chemical Ltd, Essence Group, BASF SE, Jingbo Agrochemicals Technology Co., Ltd, SinoHarvest Corp., Kenvos Biotech Co., Ltd., and Jigs Chemical. Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the kresoxim methyl market.

In January 2019, Rallis India Ltd., a TATA Enterprise launched Zygant and Ayaan for Indian farmers. The new solution offered by Rallis India is expected to help the farming community for effective management of pests and rice stem borer. Government policies such as Make in India encouraged small scale and large scale industries to boost the production capacity.

Global Kresoxim Methyl Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Kresoxim Methyl Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Kresoxim Methyl Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Kresoxim Methyl Market - Supply Chain
  4.5. Global Kresoxim Methyl Market Forecast
     4.5.1. Kresoxim Methyl Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Kresoxim Methyl Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Kresoxim Methyl Market Absolute $ Opportunity
5. Global Kresoxim Methyl Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Kresoxim Methyl Market Size and Volume Forecast by Types
     5.3.1. Powder
     5.3.2. Solution
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Kresoxim Methyl Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Kresoxim Methyl Market Size and Volume Forecast by Applications
     6.3.1. Agriculture
     6.3.2. Laboratory
     6.3.3. Chemical Industry
     6.3.4. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Kresoxim Methyl Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Kresoxim Methyl Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Kresoxim Methyl Demand Share Forecast, 2019-2026
8. North America Kresoxim Methyl Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Kresoxim Methyl Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Kresoxim Methyl Market Size and Volume Forecast by Types
     8.4.1. Powder
     8.4.2. Solution
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Kresoxim Methyl Market Size and Volume Forecast by Applications
     8.7.1. Agriculture
     8.7.2. Laboratory
     8.7.3. Chemical Industry
     8.7.4. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Kresoxim Methyl Demand Share Forecast, 2019-2026
9. Latin America Kresoxim Methyl Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Kresoxim Methyl Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Kresoxim Methyl Market Size and Volume Forecast by Types
     9.4.1. Powder
     9.4.2. Solution
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Kresoxim Methyl Market Size and Volume Forecast by Applications
     9.7.1. Agriculture
     9.7.2. Laboratory
     9.7.3. Chemical Industry
     9.7.4. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Kresoxim Methyl Demand Share Forecast, 2019-2026
10. Europe Kresoxim Methyl Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Kresoxim Methyl Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Kresoxim Methyl Market Size and Volume Forecast by Types
     10.4.1. Powder
     10.4.2. Solution
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Kresoxim Methyl Market Size and Volume Forecast by Applications
     10.7.1. Agriculture
     10.7.2. Laboratory
     10.7.3. Chemical Industry
     10.7.4. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Kresoxim Methyl Demand Share Forecast, 2019-2026
11. Asia Pacific Kresoxim Methyl Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Kresoxim Methyl Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Kresoxim Methyl Market Size and Volume Forecast by Types
     11.4.1. Powder
     11.4.2. Solution
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Kresoxim Methyl Market Size and Volume Forecast by Applications
     11.7.1. Agriculture
     11.7.2. Laboratory
     11.7.3. Chemical Industry
     11.7.4. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Kresoxim Methyl Demand Share Forecast, 2019-2026
12. Middle East & Africa Kresoxim Methyl Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Kresoxim Methyl Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Kresoxim Methyl Market Size and Volume Forecast by Types
     12.4.1. Powder
     12.4.2. Solution
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Kresoxim Methyl Market Size and Volume Forecast by Applications
     12.7.1. Agriculture
     12.7.2. Laboratory
     12.7.3. Chemical Industry
     12.7.4. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Kresoxim Methyl Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Kresoxim Methyl Market: Market Share Analysis
  13.2. Kresoxim Methyl Distributors and Customers
  13.3. Kresoxim Methyl Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Bessen Chemical Ltd.
     13.4.2. Essence Group
     13.4.3. BASF SE
     13.4.4. Jingbo Agrochemicals Technology Co., Ltd.
     13.4.5. SinoHarvest Corp.
     13.4.6. Kenvos Biotech Co., Ltd.
     13.4.7. Jigs Chemical