my country’s fungicide market is gradually expanding and product types are becoming increasingly diverse.

Fungicides, also known as bactericides, algaecides, microbicides, etc., refer to chemicals that can kill or inhibit plant bacteria without causing damage. After years of development, there are many types of fungicides with various classification methods. According to different application fields, fungicides can be divided into agricultural fungicides and industrial fungicides; according to different modes of action, fungicides can be divided into protective and systemic fungicides. Among them, protective fungicides kill or inhibit pathogenic bacteria outside the plant, thereby protecting the plant from bacterial damage; systemic fungicides operate within the plant after being absorbed by the plant to prevent the occurrence of disease.

At present, global chemical technology and industrial technology are gradually improving, and the pesticide industry has gradually entered a mature development stage. In recent years, the role of pesticides in ensuring food security has gradually increased, and the scale of the global pesticide market has continued to increase. In 2022, global crop pesticide sales will be US$67.777 billion. Against the background of the continuous development of the global pesticide industry, my country’s pesticide market has also gradually developed, and output has gradually increased. According to data released by the National Bureau of Statistics, as of 2022, my country’s output of chemical pesticide original drugs (100% of active ingredients) will be 2.497 million tons. As an important branch of pesticides, the market demand for fungicides continues to grow.

According to the “Fungicide Industry In-depth Market Research and Investment Strategy Suggestions Report 2023-2027” released by the Industrial Research Center, in recent years In 2008, the global food growing methods gradually changed, and the area planted with fruits and vegetables continued to increase. Due to poor disease resistance of grain crops, fruits and vegetables and other crops, diseases often occur, and the demand for fungicides continues to grow. In addition, the demand for fungicides for industrial mildew and moth prevention in my country is gradually expanding, and the demand for fungicides is further increasing. Driven by market demand, my country’s fungicide market has gradually expanded. In 2022, my country’s fungicide market size will be 6.688 billion yuan.

There are many companies in my country’s fungicide market. Among them, foreign companies mainly include UPL, Corteva, BASF, Bayer, etc. Domestic companies can be roughly divided into Dacheng Pesticide, Syngenta, Qingshuiyuan Technology, Lianhua Technology, Zhongnong Lihua, Dongtao Chemical, Hengju Group, etc. After years of development, my country’s fungicide companies have gradually emerged, the level of production technology has gradually improved, and market competitiveness has continued to increase.

Industry analysts said that with the gradual improvement of my country’s scientific and technological level, the speed of fungicide research and development has accelerated, and the innovation capabilities of enterprises have gradually increased. The variety is becoming increasingly rich. At present, my country’s main fungicide products include prothioconazole, tebuconazole, mancozeb, trifloxystrobin, propiconazole, carbostrobin, etc., among which carbostrobin, prothioconazole, and mancozeb are Mainstream products on the market. The update and iteration of my country’s fungicide products is accelerating, and fungicide products such as methoxyacrylates, triazoles, and succinate dehydrogenase inhibitors are constantly emerging.