Reasons For Good Prospects Of Global Fungicide Production And Application

1. The degree of agricultural intensification has been continuously strengthened;
2. It is the frequent occurrence of extreme weather that drives the demand of the fungicide market;
3. The demand for fungicides in non-pesticide fields continues to increase rapidly and the profit margin is large;
4. Some high-efficiency fungicide patents will expire during the "Twelfth Five-Year Plan" period;
5. During the "Twelfth Five-Year Plan" period, the state will continue to encourage scientific and technological innovation, and fungicide varieties with independent intellectual property rights will continue to be developed and put into the market;
6. The ever-expanding planting area of genetically modified crops will have a great negative impact on insecticides and herbicides, but will have little impact on fungicides.