The scope of our recent study on the “Mancozeb Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by form, mode of application, and crop type” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.

The mancozeb market was valued at US$ 1,148.81 million in 2022 and is projected to reach US$ 1,569.57 million by 2030; it is expected to grow at a CAGR of 4.0% from 2022 to 2030.

The ongoing development in crop protection practices represents a significant avenue for growth in the mancozeb market. These advancements are central to the evolution of sustainable and efficient agriculture and provide several key opportunities for the mancozeb market. One of the primary growth opportunities lies in the adoption of Integrated Pest Management (IPM) strategies. IPM is a holistic approach to crop protection that emphasizes the use of preventive measures and multiple control methods to manage pests and diseases. Mancozeb is a versatile fungicide that can be used in IPM programs to control a wide range of fungal diseases. In addition, new technologies, such as precision agriculture and drone spraying, are making it possible to apply crop protection products more efficiently and precisely. This can help reduce the amount of fungicide needed to control fungal diseases while minimizing the environmental impact of crop protection practices. The US government promotes adopting IPM practices through various programs and initiatives. This is leading to increased demand for mancozeb, as it is a key component of many IPM programs. 

Mancozeb is a versatile fungicide traditionally used on crops such as potatoes, tomatoes, and grapes, but its adoption is expanding to encompass a broader spectrum of agricultural products. The diversification of usage is mainly due to the fungicide's effectiveness in controlling various fungal diseases, making it an appealing choice for growers seeking reliable disease management solutions. Thus, the developments in crop protection practices and increasing application in new crops are offering future growth opportunities for the mancozeb market players.

Impact of COVID-19 Pandemic on Mancozeb Market

The global economy was hit hard due to the COVID-19 pandemic. Governments of various regions had taken possible steps to restrict the spread of SARS-CoV-2 by announcing country-wide lockdowns, which directly impacted the growth of foundry sector. The composite industry faced challenges procuring raw materials. Moreover, restrictions in the raw materials procurement activities have significantly fluctuated the prices of mancozeb market. However, the mancozeb market has recovered due to the increasing foundry and construction sector growth.

The report includes the segmentation of the global mancozeb market as follows:

On the basis of segmentation global mancozeb market, by form, is bifurcated into dry and liquid. By mode of application, the market is segmented into foundry, and construction & others. By geography, the global mancozeb market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The global mancozeb market in North America is further segmented into the US, Canada, and Mexico. The global mancozeb market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The global mancozeb market in Asia Pacific is further categorized into Australia, India, Japan, China, South Korea, and the Rest of Asia Pacific. The market in the MEA is further segmented into South Africa, Saudi Arabia, UAE, and the Rest of MEA.
The global mancozeb market in South & Central America is studied on the basis of Brazil, Argentina, and the Rest of South & Central America.

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