Isoxaflutole Industry Size, Growth, Demand, Opportunities and Forecast By 2029
Data Bridge Market Research analyses that the isoxaflutole
market will project a compound annual growth rate (CAGR) of 5.65% during
the forecast period of 2022-2029. Growing focus on the application of high-quality
seeds especially in the developing economies, increasing focus on the latest
trends in the market, growing application of advanced and modern agricultural
practices to improve the productivity, high growth in emerging countries
coupled with innovative technologies and increasing industry competitiveness
are the major factors attributable to the growth of isoxaflutole market.
Isoxaflutole is a kind of herbicide that is used for
agricultural practices to get rid of unwanted growing the affect the crop
health. Isoxaflutole enhances the growth of crops and improves the soil health.
Isoxaflutole protects chlorophyll in crops from decomposition due to sunlight
and improves the crop yield. Isoxaflutole is an agrochemical that contains
certain ingredients that instantly kills the weeds and all kinds of unwanted
plants. Having a chemical formula of C15H12F3NO4S, isoxaflutole is used as a
major ingredient in a wide range of herbicides. Isoxaflutole is a member of the
class of isoxazoles which is used as herbicides for weed control in almond,
maize and sugarcane.
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Some of the major players operating in the isoxaflutole
market are Santa Cruz Biotechnology, Inc., Bayer AG, DuPont, BASF SE, Certis
USA L.L.C, Novozymes, Marrone Bio Innovations, Syngenta, Nufarm, NEOGEN
Corporation., LANXESS, Merck KGaA, CHEMOS GmbH & Co. KG, Jiaozuo Huisell
Import&Export Co., Ltd., Shanghai E-Tong Chemical Co., Ltd., Sumitomo
Chemical Co., Ltd., Wanko Chemical Co., Ltd., Kingtai Chemicals Co., Limited,
Shijiazhuang Awiner Biotech Co., Ltd. and SHENZHEN KING QUENSON INDUSTRY CO.,
LTD among others.
Global Isoxaflutole Market Scope and Market Size:
The global isoxaflutole market is segmented on the basis of
crops and end users. The growth among segments helps you analyse niche pockets
of growth and strategies to approach the market and determine your core
application areas and the difference in your target markets.
·
On the basis of crops, the isoxaflutole market
is segmented into sugarcane, maize, apple, peaches and almonds.
·
The isoxaflutole market is also segmented on the
basis of end users into industries, agriculture and others.
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Isoxaflutole Market Country
Level Analysis:
The global isoxaflutole market is
segmented on the basis of crops and end users.
The countries covered in the
isoxaflutole market report are U.S., Canada, Mexico in North America, Germany,
Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland,
Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New
Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia,
Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil,
Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi
Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a
part of Middle East and Africa(MEA).
North America region dominates
the isoxaflutole market and will continue to flourish its dominance during the
forecast period owing to the rising research and development proficiencies and
large-scale production of crops such as corn and soy. Asia-Pacific region
continue to undergo substantial gains during the forecast period and will
register the highest CAGR. Growing personal disposable income, increased focus
of improving the crop productivity, and surge in the expenditure for research
and development proficiencies are some other important factors fostering the
growth of this region.
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