Market Overview:
The global Tiabendazole market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. Tiabendazole is an anthelmintic drug used for the treatment of parasitic worm infections. It is available in both oral and injectable formulations, and is effective against a wide range of parasites, including roundworms, tapeworms, and flukes. The major applications for tiabendazole are in the treatment of cereal grains, pulses & oilseeds, fruits & vegetables, and other applications segments. The global demand for tiabendazole is primarily driven by the increasing prevalence of parasitic worm infections across the world. In addition, rising awareness about the benefits of tiabendazole over traditional treatments such as albendazole are also contributing to its growth. The growing demand for processed foods and changing dietary habits are also propelling demand for tiabendazole in various application segments such as cereals & grains and fruits & vegetables.
Product Definition:
Tiabendazole is a benzimidazole antihelminthic agent used in the treatment of helminth infections.
42% Suspension:
42% suspension is a mixture of polymers and solvents which are used as an emulsifier in the manufacturing of Tiabendazole. It helps to improve the stability and homogeneity of the final product. The 42% suspension is manufactured by dissolving raw materials such as ethylene glycol, water, acrylic acid polymer, sodium hydroxide pellets & sulfuric acid in ethanol.
Others:
Others are the other ingredients used in Tiabendazole tablets and capsules. They consist of excipients, binders, disintegrants, lubricants and colorants. Others segment is expected to grow at a CAGR of XX% over the forecast period owing to increasing usage in pharmaceuticals especially for anti-infective drugs.
Binders: Binders help medicine adhere to itself as well as tablet cores thereby helping it remain intact during digestion.
Application Insights:
The demand for the product in cereals and grains was USD 39.0 million in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030 owing to its use as an insecticide, fungicide, and herbicide. The growth of the food & beverage sector coupled with rising consumer incomes in developing countries such as China, India, Brazil is expected to drive the segment over the forecast period.
Tiabendazole has been observed effective against a wide range of pests including aphids, mites (including red mites), whiteflies (saphephiles), mealybugs (galeoptera), scale insects (inclined scales or armored scales), red fire ants (Solenopsis invicta) which attack crops leading to reduced yield.
Regional Analysis:
North America was the largest market for tiabendazole with a share of over 40.0% in 2017 owing to high demand from U.S., which is one of the major producers of these products coupled with stringent regulations by EPA and FDA regarding usage rates, storage conditions, and labeling information. Asia Pacific is expected to be the fastest-growing region during the forecast period due to increasing awareness among farmers about modern farming practices coupled with rising disposable income levels in emerging countries such as China and India. These factors are anticipated to boost product demand over next eight years.
Growth Factors:
- Increasing prevalence of parasitic infections: The increasing prevalence of parasitic infections is one of the key growth drivers for the global Tiabendazole market. According to a study by the World Health Organization (WHO), over 1.5 billion people are affected by intestinal parasites, and this number is estimated to increase in the coming years. This will create a high demand for Tiabendazole and other anti-parasitic drugs, thereby driving the growth of the global Tiabendazole market.
- Rising awareness about parasitic infections: There is a growing awareness among people about parasitic infections and their associated health risks. This has led to an increase in demand for effective anti-parasitic drugs such as Tiabendazole, which can help in preventing these diseases from spreading further. This will boost the growth of the global Tiabendazole market in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tiabendazole Market Research Report
By Type
42% Suspension, Others
By Application
Cereals and Grains, Pulses and Oilseeds, Fruits and Vegetables, Others
By Companies
Syngenta, UPL, BASF, Bayer, Nufarm, Sumitomo Chemical, Indofil, Gowan, Jiangsu Lanfeng Bio-Chem, Anhui Jintai Pesticides Chemical, Noonchem
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Tiabendazole Market Report Segments:
The global Tiabendazole market is segmented on the basis of:
Types
42% Suspension, Others
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
Cereals and Grains, Pulses and Oilseeds, Fruits and Vegetables, Others
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:
- Syngenta
- UPL
- BASF
- Bayer
- Nufarm
- Sumitomo Chemical
- Indofil
- Gowan
- Jiangsu Lanfeng Bio-Chem
- Anhui Jintai Pesticides Chemical
- Noonchem
Highlights of The Tiabendazole 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:
- 42% Suspension
- Others
- By Application:
- Cereals and Grains
- Pulses and Oilseeds
- Fruits and Vegetables
- Others
- 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 Tiabendazole 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:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
Tiabendazole is a medication used to treat fungal infections. It works by killing the fungus.
Some of the major players in the tiabendazole market are Syngenta, UPL, BASF, Bayer, Nufarm, Sumitomo Chemical, Indofil, Gowan, Jiangsu Lanfeng Bio-Chem, Anhui Jintai Pesticides Chemical, Noonchem.
The tiabendazole 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 Tiabendazole 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 Tiabendazole Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tiabendazole 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 Tiabendazole 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 Tiabendazole Market Size & Forecast, 2020-2028
4.5.1 Tiabendazole Market Size and Y-o-Y Growth
4.5.2 Tiabendazole 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 42% Suspension
5.2.2 Others
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 Cereals and Grains
6.2.2 Pulses and Oilseeds
6.2.3 Fruits and Vegetables
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tiabendazole 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 Tiabendazole 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 42% Suspension
9.6.2 Others
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 Cereals and Grains
9.10.2 Pulses and Oilseeds
9.10.3 Fruits and Vegetables
9.10.4 Others
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 42% Suspension
10.6.2 Others
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 Cereals and Grains
10.10.2 Pulses and Oilseeds
10.10.3 Fruits and Vegetables
10.10.4 Others
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 42% Suspension
11.6.2 Others
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 Cereals and Grains
11.10.2 Pulses and Oilseeds
11.10.3 Fruits and Vegetables
11.10.4 Others
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 42% Suspension
12.6.2 Others
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 Cereals and Grains
12.10.2 Pulses and Oilseeds
12.10.3 Fruits and Vegetables
12.10.4 Others
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 42% Suspension
13.6.2 Others
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 Cereals and Grains
13.10.2 Pulses and Oilseeds
13.10.3 Fruits and Vegetables
13.10.4 Others
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 Tiabendazole Market: Competitive Dashboard
14.2 Global Tiabendazole Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Syngenta
14.3.2 UPL
14.3.3 BASF
14.3.4 Bayer
14.3.5 Nufarm
14.3.6 Sumitomo Chemical
14.3.7 Indofil
14.3.8 Gowan
14.3.9 Jiangsu Lanfeng Bio-Chem
14.3.10 Anhui Jintai Pesticides Chemical
14.3.11 Noonchem
