Triazole Fungicides Market Report 2026

The triazole fungicides market size has grown strongly in recent years. It will grow from $4.2 billion in 2025 to $4.42 billion in 2026 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to expansion of cereal and grain cultivation, rising incidence of fungal crop diseases, increased use of chemical crop protection, growth of commercial agriculture, availability of advanced fungicide formulations.

The triazole fungicides market size is expected to see strong growth in the next few years. It will grow to $5.48 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to increasing focus on sustainable crop protection, rising demand for yield-enhancing fungicides, expansion of integrated pest management practices, growing adoption in emerging agricultural economies, increasing R&D in next-generation fungicides. Major trends in the forecast period include increasing use of broad-spectrum fungicides, rising adoption of systemic crop protection solutions, growing demand for high-efficacy triazole molecules, expansion of seed and foliar treatment applications, enhanced resistance management practices.

The increasing incidence of crop diseases is expected to drive the growth of the triazole fungicide market. Crop diseases reduce plants’ ability to reach their full potential, leading to lower yields and diminished quality. Triazole fungicides are valued for their broad-spectrum activity against various fungi. Farmers are likely to adopt triazole fungicides as part of integrated disease management strategies to protect crops. For example, in February 2025, the Crop Protection Network reported that tar spot caused the highest estimated yield loss in the northern U.S. in 2024, totaling approximately 280 million bushels. Therefore, the rising occurrence of crop diseases is propelling the triazole fungicide market.

Leading companies in the triazole fungicides market are focusing on developing next-generation formulations that enhance resistance management, improve disease control, and increase crop yields through research-driven innovations. For instance, in June 2024, BASF Agricultural Solutions, a Germany-based agricultural solutions company, launched Cevya, a new rice fungicide in China containing the active ingredient Revysol (mefentrifluconazole). As the first isopropanol triazole fungicide approved for rice in China in 20 years, Cevya addresses rice false smut and rising resistance to traditional triazoles. BASF conducted over 300 field trials since 2020 across major rice-growing provinces to validate its effectiveness. Developed with leading agricultural institutions, Cevya enhances disease control, supports higher yields, and strengthens BASF’s rice crop protection portfolio, demonstrating the company’s commitment to innovation in China.

In January 2025, Dhanuka Agritech Limited, an India-based agrochemical and crop-protection company, acquired fungicide rights from Bayer AG for approximately $20 million. This acquisition enables Dhanuka to expand globally and strengthen its fungicide offerings across horticulture and seed-treatment markets. Bayer AG, a Germany-based life sciences and agricultural company, develops and supplies crop-protection chemicals, including triazole fungicides such as Bayer Nativo, which contains Tebuconazole, a systemic fungicide in the triazole group.

Major companies operating in the triazole fungicides market are Bayer Aktiengesellschaft, Syngenta AG, BASF SE, FMC Corporation, Corteva Agriscience, ADAMA Agricultural Solutions Ltd., Sumitomo Chemical Co., Ltd., Nufarm Limited, Arysta LifeScience Corporation, UPL Limited, Mitsui Chemicals, Inc., Isagro S.p.A., Sharda Cropchem Limited, Kaneka Corporation, Albaugh, LLC, Huvepharma EOOD, Cheminova A/S, Dow AgroSciences LLC, Belchim Crop Protection NV, Sipcam Oxon S.p.A.

North America was the largest region in the triazole fungicide market in 2025. The regions covered in the triazole fungicides market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the triazole fungicides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The triazole fungicides market consists of sales of plant bio-stimulants, crop protection fungicides, agricultural surfactants. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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