Pyraclostrobin is an agricultural pesticide used to kill fungi. Pyraclostrobin has properties including high efficacy, low toxicity, and environmental properties, which are safe for the environment.  

Market Dynamics:

  • The pyraclostrobin has a property, wherein it uniquely interacts with the plants and results in improved plant growth. Therefore, this advantage is expected to boost demand for pyraclostrobin, especially from the agricultural sector, during the forecast period.
  • Moreover, rising focus towards the eradication of crop production losses and increase in the nutritional qualities of the product are further expected to drive the market growth in the near future
  • However, factors such as contamination of soil, water, and other vegetation is expected to hamper growth of the global pyraclostrobin market during the forecast period

Market Outlook:

  • Pyraclostrobin market is segmented on the basis of type and application. Among application, agriculture segment is expected to gain significant market share during the forecast period, owing to increasing agricultural activities and increasing population, worldwide.
  • For instance, as per the Food and Agriculture Organization of the United Nations (FAO), the global population is likely to reach 10 billion by 2050, which would require around 50% more food as compared to what was required in 2012. Meeting the growing consumer demand for food would require plantation of crops by preventing the growth of fungi, which is expected to boost demand for pyraclostrobin over the forecast period. Therefore, increasing global population is expected to boost the market share of agriculture segment in the global pyraclostrobin market during the forecast period.
  • Moreover, as per the World Bank Group’s article on agriculture and food updated on April 1, 2020, in 2014, agriculture accounted for one-third of global gross-domestic product (GDP) and agricultural development is considered as one of the most powerful tools to end extreme poverty, boost shared prosperity, and feed a projected 9.7 billion people by 2050. These factors are expected to drive demand for pyraclostrobin during the forecast period (2020-2027).

Key players:

  • Key players operating in the global pyraclostrobin market include BASF SE, Jingbo Agrochemicals Technology Co., Ltd., Nanjing Red Sun Co., Ltd., Shandong Kangqiao Bio-technology Co., Ltd., Hailir Pesticides and Chemicals Group, Shandong Weifang Rainbow Chemical Co., Ltd., Sancai Industry Co.,Ltd., Hangzhou Dayangchem Co., Ltd., and Klong Industrial Co., Ltd.

Market Taxonomy:

On the basis of type, the global pyraclostrobin market is segmented into:

  • Liquid
  • Powder/Granule

On the basis of application, the global pyraclostrobin market is segmented into:

  • Agriculture
  • Medical

On the basis of region, the global pyraclostrobin market is segmented into:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Middle East
    • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users