The global chlorothalonil market size is expected to reach 209.34 Million USD by 2023, according to a new report by Prof Research. The market is projected to record a CAGR of 3.34% during the forecast period. This growth is attributed to the consumption in agricultural fungicide, accounting for 96.94% of its total consumption in 2017. 

Chlorothalonil (2,4,5,6-tetrachloroisophthalonitrile) is an organic compound mainly used as a broad spectrum, nonsystemic fungicide, with other uses as a wood protectant, pesticide, acaricide, and to control mold, mildew, bacteria, algae. Chlorothalonil-containing products are sold under the names Bravo, Echo, and Daconil.

Chlorothalonil acts primarily as a fungicide and mildewicide, but also has some activity as a bactericide, microbiocide, algaecide, insecticide, and acaricide. It is a broad spectrum, non-systemic pesticide. Its exact mechanism of action is not known. Chlorothalonil is registered on a wide variety of sites including field, vegetable, and orchard crops; turf; and as a mildewicide to be added to paint and other surface treatments. There are currently 39 tolerances for chlorothalonil.

Suli and Jiangsu Xinhe are the major international players in the market of chlorothalonil industry. The reason why these companies dominate the market is their production technological advantages, their long-term presence in the market, the relationships they have developed with downstream users over a long period of time and the brand name recognition they enjoy.

Chlorothalonil Market Challenges:

1 The chlorothalonil synthesis process and equipment are unique and cannot be shared with other pesticide products. Therefore, there are only 3-4 companies that actually produce chlorothalonil in China.

2 Affected by the shutdown of some foreign manufacturers of chlorothalonil production equipment, chlorothalonil is in short supply in recent years.

3 China is paying more and more attention to environmental protection issues in the pesticide industry, and environmental protection requirements are becoming stricter. This will increase the production cost and bring some pressure to the production enterprises.

4 As the main raw material of the chlorothalonil, the supply and price of meta-xylene, liquid chlorine and liquid ammonia may affect the chlorothalonil market.

5 Fluctuation of the United States dollar and other foreign currencies may affect the competitiveness of domestic manufacturers.

6 The development of chlorothalonil industry may be negatively affected by many unpredictable factors such as strengthening government regulations, elevating product qualities, price fluctuations, and trade protections.

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Further key findings from the study suggest:

1 Affected by the strong demand in the market for chlorothalonil and the decline in the production capacity of some global chlorothalonil manufacturers, the market for chlorothalonil is in short supply, and the sales price is rising, thus increasing the gross profit rate of chlorothalonil.

2 Chlorothalonil is a protective fungicide with high efficiency and low toxicity, which is not easy to make crops resistant. Chlorothalonil has no systemic conduction, but after spraying onto the plant body, it has good adhesion on the body surface and is not easily washed away by rain, so the efficacy period is longer.

3 Chlorothalonil can be compounded with various other active ingredients (such as carbendazim, azoxystrobin, mancozeb, etc.) to significantly improve the application effect, effectively prevent or reduce or delay the resistance of other therapeutic fungicides. Therefore, it has a wider applicable symptoms and markets.

4 Through years of production cost control and innovation in production technology, China's major manufacturing companies have been in a leading position in the global industry, forming a relatively stable competitive landscape.

5 Currently, as the manufacturing technologies of chlorothalonil become increasingly mature, the production costs of high-quality chlorothalonil will decrease.

Prof Research has segmented the global Chlorothalonil market on the basis of manufactuers, application, end use, and region:

Chlorothalonil Manufactuers Outlook (Revenue, USD Million, 2013 - 2023)

• SDS Biotech (Japan)

• SIPCAM OXON (Italy)

• Suli (China)

• Syngenta (Switzerland)

• Jiangsu Weunite (China)

• Jiangsu Xinhe (China)

  
  

Chlorothalonil Application Outlook (Revenue, USD Million, 2013 - 2023)

• Chlorothalonil

• Paints and Adhesives

• Others

Chlorothalonil Regional Outlook (Revenue, USD Million, 2013 - 2023)

• North America

  • U.S.

  • Canada

• Europe

  • Germany

  • U.K.

• Asia Pacific

  • Japan

  • China

• Latin America

  • Brazil

  • Mexico

• Middle East and Africa

  • South Africa