Nematicides Market by Types (Fumigants, Organophosphates, Carbamate and Bio-Nematicides), Applications (Agrochemicals, Industrial, and Others), and Geography (North America, Europe, Asia-Pacific & ROW) - Global Trends & Forecasts to 2019

NEW YORK, Sept. 30, 2014 /PRNewswire/ -- Nematicide is a type of chemical pesticide used to kill nematodes. Nematodes are microscopic parasitic roundworms, found in massive quantities virtually everywhere—in the soil, water, and inside other plants and animals. Nematicides have tended to be broad-spectrum toxicants possessing high volatility or other properties promoting migration through the soil. A single gram of soil can contain more than 1,000 plant-parasitic nematodes. With more than 10,000 species classified, they are one of the most prolific parasites on the planet, outnumbering even insects. While some nematodes live freely in the soil and water, the most problematic are those that are parasitic; invading plants, animals, and insects.

Nematicides are primarily available in two different delivery forms, fumigants and contact applications, with a very small portion of product currently in the form of integrated seed treatment. Fumigants are administered several weeks before planting of the crops directly into the soil, while contact nematicides are applied during planting, both the treatments are most effective as preventative measures taken before the root system are fully developed. In terms of value, fumigant products dominate the nematicides market. Owing to their higher cost, these gaseous formulas injected into the soil are mainly used on high-value crops such as vegetables and fruits. Fumigants are the leading type of nematicides in the U.S. as well as in France, Italy, and Spain. U.S. and many countries in Europe disallow the use of fumigant products, and the state of California is likely to restrict their use even more over the next few years. The global nematicides market is projected to grow at a CAGR of 3.2% from 2014 to 2019.

Bio-nematicides are estimated to grow at the highest CAGR of 4.2%. Due to the environment-friendly nature of bio-nematicides products, the market is growing at a very positive phase as compared to the chemical nematicides market.

The segments of the nematicides market considered for this study include types, applications, and geography. The market includes applications such as agrochemicals, and industrial. All the growth parameters in individual segments have been considered in this report. The fact that nematodes are virtually impossible to eliminate will, for better or for worse, help to naturally maintain a healthy market for nematicide manufacturers.

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