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Ferbam Global Product Intelligence Market Size, Future Business Trends, Upcoming Demand, Innovations and Regional Outlook and Forecast 2022-2031

The report on Ferbam Global Product Intelligence Market that has been recently added by Kenneth Research, offers a complete evaluation of the market and its growth prospects along with new business opportunities in the industry. Additionally, the report contains the market size and annual growth rate for a period of 8 years, i.e. forecast period between 2022 and 2031.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Ferbam Global Product Intelligence Market Products.

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According to the statistics by the Invest India, the market value of chemicals industry in India was estimated to be USD 178 billion during the period 2018-2019. Additionally, the data also stated that the demand for petrochemicals in the country is observing a steady growth and is further estimated to grow at a CAGR of 7.5% during 2019-2023. On the other hand, the market for agrochemicals is expected to register a CAGR of 8% during the same period and further attain a market value of USD 4.7 billion by the end of 2025.

REPORT OBJECTIVES
The report Ferbam Global Product Intelligence Market intelligence on the different segments of the agrochemical, based on type of formulation, crop type, pest, and geography. Market size and forecast (2018-2022) has been provided in terms of both, Value (000 USD) and Volume (000 KG) in the report. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the agrochemical and future market opportunities have also been discussed.
This report is a part of series of more than 900 agrochemicals’ product intelligence reports from Sprout Intelligence. This agrochemicals’ product intelligence report series, in total, covers more than 1,500 pests, 60 formulations, 150 crops and 60 countries.
RESEARCH METHODOLOGY
In our market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Extensive primary research was also carried out by interviewing the key executives from the industry. These interviews helped us to fill-in the data gaps after secondary research. Several secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive techno-commercial study. The respondents– selected experts from manufacturers and selected suppliers – have been interviewed to obtain and verify critical information as well as to assess the future prospects. The usage of obtained information is based on the perceived reliability by the research team. In many cases, a combination of several sources was used. Sprout Intelligence provides an in-depth analysis of the market segmentation, which is a critical element of the product intelligence reports at Sprout Intelligence.

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KEY AUDIENCE
Executives in marketing, strategic planning and new product development will find such discussions in our reports pertinent and useful. Management consultants, investment bankers, distributors, suppliers, and regulatory authorities are amongst our regular clientele served.
KEY FINDINGS FROM THE REPORT
– Ferbam, a fungicide belonging to the group Dithiocarbamate is used for controlling various pests such as Stigmina & Taphrina, Botrytis & Guignardia Leaf & Fruit, Elsinoe, Guignardia, Rhizoctonia among others.
– USA, Chile, Costa-Rica, and Canada are the leading country markets among others.
– Water Dispersible Granules (WG) and Wettable Powder (WP) were the leading formulations in 2015.
– Sprout Intelligence agrochemicals expert team estimated global Ferbam market to be more than USD 1.11 million.

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About Kenneth Research:

Kenneth Research is a multi-client market research database that aims at providing reports that help industry professionals including various individuals and organizations to identify the market trends and scope, thereby making it easier for them to take decisions and form strategies after complete assessment of the market. The various industries catered by the company include healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence and several others. Being a global market research reselling firm, Kenneth Research provides strategic business consultancy services at a global level and offers a single platform for the best market research reports.

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