Market Overview:
The global methyl thiophanate market is expected to grow at a CAGR of 3.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for methyl thiophanate from various applications such as turf, ornamental, and crop. Additionally, the growing awareness about the benefits of methyl thiophanate is also contributing to the growth of this market. However, stringent regulations regarding its use are restraining the growth of this market.
Product Definition:
Methyl thiophanate is a fungicide that is used to protect crops from fungus. It is important because it helps to keep crops healthy and free from fungus, which can lead to reduced yields or even loss of the crop.
Granules:
Granules are the dried, soluble salts of thiophanate. It is a colorless and hygroscopic crystalline powder that dissolves in water or alcohol.
Wettable Powder:
Wettable powders are used as a carrier for the methyl thiophanate (MT) liquid to facilitate its application in the textile industry. The product is also known as wetting agent, defoaming agent or wet strength agent. It helps in reducing surface tension and aids in spreading of liquids over solids or fabrics with little or no water content.
Application Insights:
The global methyl thiophanate market is segmented on the basis of application into turf, ornamental, and crop. Turf held the largest share in 2017 due to extensive usage across sports fields and golf courses. It is also used as a soil fumigant for killing weed, which enables better growth of plants including flowers and vegetables. Methyl thiophanate has high demand from turf applications as it helps maintain healthy grass blades by enhancing root development & preventing brown spots & dying patches on lawns. The product also improves plant quality by increasing chlorophyll production & improving nutrient uptake efficiency resulting in healthier looking lawns with increased yield over a period of time.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global production and consumption. China, India, Japan, South Korea are some of the major consumers in this region. Rising demand from residential as well as commercial applications is anticipated to drive growth over the coming years.
The presence of a large number of chemical manufacturers coupled with technological advancements has led to an increase in exports from Asia Pacific countries such as China and India which has resulted into high availability at competitive prices compared to North America or Europe regions where it is imported primarily for use in manufacturing other chemicals or plastics rather than Methyl Thiophanate itself). However, increasing imports may hinder future growth owing to rising domestic production capacities that are expected by various companies including BASF SE; Dow Chemical Co.; Chevron Phillips Chemical Co.
Growth Factors:
- Increasing demand for fruits and vegetables due to changing lifestyle and dietary habits of people across the globe.
- Rising awareness about the benefits of methyl thiophanate among farmers, growers, and consumers.
- Technological advancements in agriculture that help improve productivity and quality of fruits and vegetables.
- Growing popularity of organic farming practices that promote use of methyl thiophanate as a natural pesticide/fungicide agent.
Scope Of The Report
Report Attributes
Report Details
Report Title
Methyl Thiophanate Market Research Report
By Type
Granules, Wettable Powder
By Application
Turf, Ornamental, Crop
By Companies
King Quenson Group, Averstar Industrial, DuPont, SinoHarvest Corp, Cropstar Chemical Industry Co., Ltd, Anhui Guangxin Agrochemical Co., Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Methyl Thiophanate Market Report Segments:
The global Methyl Thiophanate market is segmented on the basis of:
Types
Granules, Wettable Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Turf, Ornamental, Crop
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- King Quenson Group
- Averstar Industrial
- DuPont
- SinoHarvest Corp
- Cropstar Chemical Industry Co., Ltd
- Anhui Guangxin Agrochemical Co., Ltd
Highlights of The Methyl Thiophanate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Granules
- Wettable Powder
- By Application:
- Turf
- Ornamental
- Crop
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Methyl Thiophanate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Methyl thiophanate is a chemical compound with the formula C6H5CH3O2. It is a colorless liquid that smells like garlic.
Some of the key players operating in the methyl thiophanate market are King Quenson Group, Averstar Industrial, DuPont, SinoHarvest Corp, Cropstar Chemical Industry Co., Ltd, Anhui Guangxin Agrochemical Co., Ltd.
The methyl thiophanate market is expected to grow at a compound annual growth rate of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Methyl Thiophanate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Methyl Thiophanate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Methyl Thiophanate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Methyl Thiophanate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Methyl Thiophanate Market Size & Forecast, 2020-2028 4.5.1 Methyl Thiophanate Market Size and Y-o-Y Growth 4.5.2 Methyl Thiophanate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Granules
5.2.2 Wettable Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Turf
6.2.2 Ornamental
6.2.3 Crop
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Methyl Thiophanate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Methyl Thiophanate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Granules
9.6.2 Wettable Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Turf
9.10.2 Ornamental
9.10.3 Crop
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Granules
10.6.2 Wettable Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Turf
10.10.2 Ornamental
10.10.3 Crop
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Granules
11.6.2 Wettable Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Turf
11.10.2 Ornamental
11.10.3 Crop
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Granules
12.6.2 Wettable Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Turf
12.10.2 Ornamental
12.10.3 Crop
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Granules
13.6.2 Wettable Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Turf
13.10.2 Ornamental
13.10.3 Crop
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Methyl Thiophanate Market: Competitive Dashboard
14.2 Global Methyl Thiophanate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 King Quenson Group
14.3.2 Averstar Industrial
14.3.3 DuPont
14.3.4 SinoHarvest Corp
14.3.5 Cropstar Chemical Industry Co., Ltd
14.3.6 Anhui Guangxin Agrochemical Co., Ltd