Global Chemical Fungicides Market is estimated to be valued at USD 18.45 Bn in 2025 and is expected to reach USD 26.13 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.1% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 18.45 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
5.10%
2032 Value Projection:
USD 26.13 Bn
The global chemical fungicides market has witnessed significant growth in recent years, driven by the increasing demand for effective crop protection solutions. Chemical fungicides play a crucial role in preventing and controlling fungal diseases in various crops, thereby ensuring food security and agricultural productivity. The market encompasses a wide range of fungicides, including benzimidazoles, dithiocarbamates, phenylamides, and triazoles, among others. These fungicides are extensively used in agriculture, horticulture, and forestry applications to combat fungal pathogens that cause significant yield losses.
Market Dynamics:
The global chemical fungicides market is influenced by several factors that drive its growth, restrain its expansion, and present opportunities for market players. One of the key drivers is the increasing global population, which has led to a higher demand for food production. Chemical fungicides play a vital role in protecting crops from fungal diseases, thereby improving crop yields and ensuring food security. Moreover, the changing climatic conditions and the emergence of new fungal strains have necessitated the development of advanced fungicides. However, the market growth is restrained by the stringent regulations imposed by government bodies regarding the use of chemical pesticides. The growing concerns about the environmental impact and human health risks associated with chemical fungicides have led to increased scrutiny and restrictions on their usage. Additionally, the development of fungicide resistance among fungal pathogens poses a significant challenge to the effectiveness of existing fungicides. Despite these restraints, the market presents opportunities for the development of bio-based and sustainable fungicides. The increasing demand for organic and eco-friendly crop protection solutions has opened up new avenues for market players to invest in research and development of alternative fungicides.
Key Features of the Study:
This report provides in-depth analysis of the global chemical fungicides market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global chemical fungicides market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include BASF SE, Syngenta AG, Bayer CropScience AG, Dow AgroSciences, FMC Corporation, Monsanto Company, Nufarm Limited, Sumitomo Chemical Co., Ltd., ADAMA Agricultural Solutions Ltd., Cheminova A/S, UPL Limited, Isagro S.p.A., Arysta LifeScience Corporation, Koppert Biological Systems, and W. Neudorff GmbH KG
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global chemical fungicides market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global chemical fungicides market
Market Segmentation
Product Type Insights (Revenue, USD Bn, 2020 - 2032)