Penoxsulam, in the form of liquid and granules is a new post-emergence rice herbicide for applications in drained and semi-flooded paddies. It is produced to control existing broadleaf weeds and similar plants in rice fields and cereal crops. Traditionally penoxsulam has been utilized as an herbicide to limit the growth of weeds and grasses such as dollar weed and ryegrass in rice fields globally. Penoxsulam's unique mechanism to kill pests and weed without having an effect on human or animal lives has been a significant contributing factor for its increasing demand.
MARKET DYNAMICS
Growing awareness regarding the usage of penoxsulam to control weed growth in forestry, lawns, sports fields, and gardens is expected to drive the market. Penoxsulam is use as an herbicide and is employed by farmers globally to inhibit the growth of weeds among a wide range of crops, including wheat, rice, and corn. The increasing number of residential and commercial lawns is anticipated to support the global penoxsulam market over the forecast period.
MARKET SCOPE
The "Global Penoxsulam Market Analysis to 2028" is a specialized and in-depth study of the Chemicals & Materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the penoxsulam market with detailed market segmentation by form, crop type. The global penoxsulam market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading penoxsulam market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global penoxsulam market is segmented into form, crop type. By form, the penoxsulam market is classified into liquid and granular. By crop type, the penoxsulam market is classified into cereal crops, vineyards, lawns and turfgrass, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global penoxsulam market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The penoxsulam market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the penoxsulam market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the penoxsulam market in these regions.
MARKET PLAYERS
The report covers vital developments in the penoxsulam market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the penoxsulam market are anticipated to lucrative growth opportunities in the future with the rising demand for penoxsulam in the global market. below mentioned is the list of few companies engaged in the penoxsulam market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the penoxsulam market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
1. Bayer
2. BASF
3. Sumitomo Chemical
4. Dow AgroSciences
5. DuPont
6. Arysta Lifescience
7. Shijiazhuang Xingbai Bioengineering Co. Ltd.
8. Syngenta and Hangzhou Tainlong Biotechnology Co. Ltd.
9. Monsanto Co.
10. Nufarm Ltd.
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