TMR_Research_Reports_2017 Fungicides Market To Reach US$16.30 bn in 2023 | Page 3

Fungicides Market
The increasing shift towards modern agriculture practices is also working in favor of the market . Governments worldwide are playing a vital role in the development of the market by educating farmers and creating awareness among farmers regarding merits and correct usage of fungicides . Moreover , the rising urbanization is triggering the sales of ornamental plants for indoor and outdoor applications , which in turn is stimulating the adoption of fungicides .
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Development of Genetically Modified Crops to Limit Widespread Adoption of Fungicides
“ Most of the fungus have been observed to develop a resistance to fungicides with the passage of time . This suppresses the effectiveness of fungicides , which is acting as a major impediment to the market ,” says a TMR analyst . Additionally , the development of genetically modified crops , which have a strong resistance to fungus , is hampering the growth prospects . Furthermore , the rising use of fungicides is leading to the growing incidence of soil toxicity , which is negatively impacting the environment . This is , therefore , limiting the global market from realizing its utmost potential . However , the emergence of integrated pest management ( IPM ) is likely to unfold tremendous opportunities for the growth of the fungicides market .
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TABLE OF
Chapter 1 - Preface 1.1 Report Description 1.2 Market Segmentation 1.3 Research Scope and Assumptions 1.4 Research Methodology 1.5 Research Models
Chapter 2- Executive Summary 2.1 Global Fungicides Market , Volume and Revenue , ( Kilo Tons ) ( US $ Mn ), 2014 – 2023 2.2 Market Snapshot
Chapter 3 - Industry Analysis 3.1 Introduction
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