The global Azoxystrobin market was valued at 47.66 Million USD in 2021 and will grow with a CAGR of 14.22% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

The Azoxystrobin market is one type of funbicide of Strobilurin. Azoxystrobin is a systemic, broad-spectrum fungicide that was first introduced in 1998. It inhibits spore germination and is used on grape vines, cereals, potatoes, apples, bananas, citrus, tomatoes and other crops.In 2017, the global Azoxystrobin market is led by North America, capturing about 39.29% of global Azoxystrobin production. China is the second-largest region-wise market with 36.43% of production share. At present, the major manufacturers of Azoxystrobin are Syngenta, Suli Chemical, Shanghai Heben, Nutrichem, Limin Chemical. Syngenta is the world leader, holding 57.56% production market share in 2017. Now ChemChina takeover of Syngenta. In application, Azoxystrobin downstream is wide and recently Azoxystrobin has acquired increasing significance in various crops, such as Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses. Globally, the Azoxystrobin market is mainly driven by growing demand for Cereals & Grains which accounts for nearly 46.51% of total downstream consumption of Azoxystrobin. In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Azoxystrobin production will show a trend of steady growth. In 2024 the production revenue of Azoxystrobin is estimated to be 1201 Million USD. On product prices, the slow downward trend in recent years will maintain in the future.

By Market Verdors:

Syngenta

Suli Chemical

Shanghai Heben

Nutrichem

Limin Chemical

Udrangon

Jiangsu Flag Chemical

Jiangsu Frey

By Types:

Azoxystrobin Tech 98% Min

Azoxystrobin Tech 95% Min

By Applications:

Cereals & Grains

Fruits & Vegetables

Oilseeds & Pulses

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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