Penoxsulam Market is on the verge of crossing USD 392 million in 2022
Penoxsulam Market, published by Market Data Forecast, the Global market is projected to reach USD 392 million by 2022, at a CAGR of 5.1% from 2017 to 2022.
(EMAILWIRE.COM, December 20, 2017 ) C16H14F5N5O5S is the chemical formulae of Penoxsulam. It has a molecular weight of 483.37 g/mol. Its most common application is as a rice herbicide in agricultural fields. It is adaptable and is compatible both in aquatic and terrestrial environments. It is selective in its application because it only acts against the weeds and does not harm the crops. It is highly effective.
Get a comprehensive overview of the Penoxsulam Market: http://www.marketdataforecast.com/market-reports/penoxsulam-market-3373/
Penoxsulam Market: Drivers & Restraints
Higher efficiency in contrast to its substitutes, growing demand for crops especially rice, and increasing demand for well-manicured lawns in residential as well as commercial buildings are the primary drivers of market growth. Apart from this, increasing number of golf course and rising commercialization of this sport and their integration with holiday homes is a secondary factor driving the growth of this market.
Increasing cases of adverse side-effects is the primary restraint of this market.
Get accurate market forecast and analysis on the Penoxsulam Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/penoxsulam-market-3373/request-sample
Penoxsulam Market: Segmentation
By Crop Type
• Rice
• Aquatics
• Others
By Geography
• North America
o United States
o Canada
• Europe
o U.K
o Spain
o Germany
o Italy
o France
• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America
• Middle East & Africa
o Middle-East
o Africa
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization.
Get customization at http://www.marketdataforecast.com/market-reports/penoxsulam-market-3373/customize-report
Penoxsulam Market: Overview
Increasing population has really raised the demand for food considerably and so it is the reason why rice fields’ market segment has maintained to lead the market so far and this trend is anticipated to continue in the aforementioned forecast period. It captured more than 80% of the market share.
In 2016, Asia Pacific was the largest regional market capturing more than half of the market share. It is expected to remain so at the end of the forecast period i.e. 2022. India and China capturing nearly half of the Asia market are the market leaders in the above mentioned regional market. It is also predicted to be the fastest growing market in the forecast period due to the presence two biggest emerging economies which also happen to be the world’s most heavily populated countries. Also they are heavily reliant on farming.
Penoxsulam Market: Key Players
Dow Chemical Co., Bayer CropScience AG, Syngenta International AG are the key players in the market. Other players in the market include Chemtura Corp., Monsanto Co., Nufarm Ltd., Shijiazhuang Xingbai Bioengineering Co. and BASF SE.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com
Get a comprehensive overview of the Penoxsulam Market: http://www.marketdataforecast.com/market-reports/penoxsulam-market-3373/
Penoxsulam Market: Drivers & Restraints
Higher efficiency in contrast to its substitutes, growing demand for crops especially rice, and increasing demand for well-manicured lawns in residential as well as commercial buildings are the primary drivers of market growth. Apart from this, increasing number of golf course and rising commercialization of this sport and their integration with holiday homes is a secondary factor driving the growth of this market.
Increasing cases of adverse side-effects is the primary restraint of this market.
Get accurate market forecast and analysis on the Penoxsulam Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/penoxsulam-market-3373/request-sample
Penoxsulam Market: Segmentation
By Crop Type
• Rice
• Aquatics
• Others
By Geography
• North America
o United States
o Canada
• Europe
o U.K
o Spain
o Germany
o Italy
o France
• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America
• Middle East & Africa
o Middle-East
o Africa
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization.
Get customization at http://www.marketdataforecast.com/market-reports/penoxsulam-market-3373/customize-report
Penoxsulam Market: Overview
Increasing population has really raised the demand for food considerably and so it is the reason why rice fields’ market segment has maintained to lead the market so far and this trend is anticipated to continue in the aforementioned forecast period. It captured more than 80% of the market share.
In 2016, Asia Pacific was the largest regional market capturing more than half of the market share. It is expected to remain so at the end of the forecast period i.e. 2022. India and China capturing nearly half of the Asia market are the market leaders in the above mentioned regional market. It is also predicted to be the fastest growing market in the forecast period due to the presence two biggest emerging economies which also happen to be the world’s most heavily populated countries. Also they are heavily reliant on farming.
Penoxsulam Market: Key Players
Dow Chemical Co., Bayer CropScience AG, Syngenta International AG are the key players in the market. Other players in the market include Chemtura Corp., Monsanto Co., Nufarm Ltd., Shijiazhuang Xingbai Bioengineering Co. and BASF SE.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results