Azoxystrobin Market - Positive Long-Term Growth Outlook 2020 Azoxystrobin Market - Positive Long-Term Growth Ou | Page 2

REPORT DESCRIPTION
A new research report by Transparency Market Research offers a comprehensive evaluation of the global azoxystrobin market . The study , titled “ Azoxystrobin Market - Global Industry Analysis , Size , Share , Trends and Forecast 2014 - 2020 ”, is available for sale on the firm ’ s website .
Fungicides are biocidal chemical compounds which are primarily used to inhibit the growthof fungi . Fungicides are one of the major chemicals used in agriculture to counter the fungal infections . Fungicides can be majorly classified in three classes based on the mode of action as contact , systemic and translaminar fungicides . Azoxystrobin belongs to the class of systemic fungicides as it is taken up through the xylem vessels . Azoxystrobin is typically used in fruits and vegetables for preventing the fungal infection . The growth in agriculture industry across the globe is anticipated to drive the market for azoxystrobin in the next six years . The demand for azoxystrobin and in general fungicide is expected to remain moderate in developed regions owing to the several restrictions imposed on the fungicides . On the other hand , developing economies across Asia Pacific region such as India and China are expected to have rising demand for fungicides in the next few years .
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Azoxystrobin belongs to the chemical family of Strobilurins . They are based on naturally occurring anti-fungal compounds . Azoxystrobin is one of the most recognized fungicides as it has a broad spectrum of anti-fungal properties against diseases including oomycota ( infecting grapes ), deuteromycota ( infecting rice ) and ascomycota ( affecting numerous field crops and vegetables ).
Azoxystrobin is typically sold in the water formulation or as a suspension concentrate in numerous concentrations . Azoxystrobin in general applied as a foliar spray as azoxystrobin has an extensive residual effect . Azoxystrobin acts as a systemic fungicide and has a curative , translaminar and preventative mode of action . The effective mode of action of azoxystrobin makes it essential fungicide in field crops , grapes and banana . Moreover , the toxicity level of azoxystrobin being moderate for mammals , bees , insects , birds and earthworms as azoxystrobin is easily broken in sub-components once applied through soil . Azoxystrobin is widely used in farming , particularly in wheat farming as it provides strong protection