Transparency Market Research Penoxsulam Market for Rice, Aquatics and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 Published Date 16-Jan-2015 37 Page Report Buy Now Request Sample Press Release Global Penoxsulam Market: Looming Patent Expiry Threatens Market’s Expansion, but Creates Scope for Entry of New Players, Says TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Penoxsulam Market REPORT DESCRIPTION Penoxsulam Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 Invented by DowAgroSciences LLC, Penoxsulam is a major rice herbicide used across the world. Hangzhou Tianlong Biotechnology Co., Ltd., and Shijiazhuang Xingbai Bioengineering Co., Ltd., besides Dow AgroSciences LLC currently hold dominance in the market’s competitive landscape, finds Transparency Market Research (TMR) in a new study. Desirable qualities of penoxsulam such as flexibility in terms of being usable in both terrestrial and aqueous environments and its ability to protect crop against weed without harming fauna or animals will encourage farmers to invest in this herbicide. While this may impel growth in the global penoxsulam market, not much change is likely in the vendor landscape. Besides profiling the aforementioned companies, the report also profiles other strong contenders in the global penoxsulam market such as Bayer, BASF, DuPont, and Sumitomo Chemical. Get FREE Sample Of This Research Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3689 The global penoxsulam market is projected to expand at a CAGR of 5.1% between 2014 and 2020 to reach US$355.6 by the end of 2020. The market stood at a valuation of US$253.7 mn in 2013. Regionally, Asia Pacific dominated the global market with a share of 58.6% in 2013. In terms of crop share, the market was led by the rice segment, which held over 88% of the market in 2013. Approval by International Agencies to Boost Demand for Penoxsulam The herbicide penoxsulam is approved by and registered under the U.S. EPA. Due to the benefits it offer, penoxsulam is used across several countries worldwide. The market is therefore projected to witness moderate growth during the course of the forecast period. However, in the forthcoming years it could face competition from the availability of substitute products such as butachlor, pretilachlor, and clomazone. Transparency Market Research 2 Penoxsulam Market On the downside, the aspect that could potentially disrupt the market’s expansion could be the impending expiry of Dow AgroSciences LLC’s patent on the herbicide in 2017. This however will create opportunities for the entry of new players, thus fashioning an interesting competitive mix in a year or two. Demand for Penoxsulam to be Considerably High in Asia Pacific The market is forecast to witness lucrative opportunities in Asia Pacific’s rice producing countries such as India, China, Bangladesh, Indonesia, Japan, Myanmar, and Thailand. Crop protection is of prime importance across these countries, since agriculture constitute a leading sector in their economy. The prevailing socioeconomic scenario across Asia Pacific countries thus support the expansion of the penoxsulam market in the region. Besides this, North America, Europe, and Rest of the World (RoW) will exhibit favorable prospects for the market as well. In RoW Africa and Latin America could witness substantial rise in demand. However, growth witnessed across North America and Europe will be comparatively slower. The demand for penoxsulam has significantly accelerated since its launch in 2005. The major application segments of penoxsulam comprise aquatics, rice, and others such as turf. Penoxsulam is used across rice fields primarily to control sedge, grass weeds, and broadleaf in dry-seeded and water-seeded rice. Besides this, penoxsulam is also used in turf, in golf courses, sports grounds, and lawns, which adds to the demand witnessed by a market during a certain period. Browse The Full Research Report At : http://www.transparencymarketresearch.com/penoxsulammarket.html This review is based on information published by TMR in a report, titled “Penoxsulam Market for Rice, Aquatics and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.” Transparency Market Research 3 Penoxsulam Market The report segments the global penoxsulam market as: Penoxsulam Market - Crop Type Segment Analysis • Rice • Aquatics • Other Applications (Including turf, etc.) Penoxsulam Market - Regional Analysis • North America • Europe • Asia Pacific • Rest of the World (RoW) Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/penoxsulamindustry.htm TABLE OF CONTENT Chapter 1 Preface 1.1 Report Description 1.2 Market Segmentation 1.3 Research Scope and Assumptions 1.4 Research Methodology Chapter 2 Executive Summary Transparency Market Research 4 Penoxsulam Market 2.1 Global Penoxsulam Market Estimates and Forecast, 2013 – 2020, (Tons) (US$ Mn) 2.2 Global Penoxsulam Market, Snapshot (2013 and 2020) Chapter 3 Penoxsulam Market - Introduction 3.1 Introduction Chapter 4 Global Penoxsulam Market: Crop Type Analysis 4.1 Global Penoxsulam Market: Crop Type Analysis 4.1.1 Global penoxsulam market volume share by crop type, 2013 and 2020 4.2 Rice 4.2.1 Global penoxsulam market for rice, 2013 – 2020 (Tons) (US$ Mn) 4.3 Aquatics 4.3.1 Global penoxsulam market for other applications , 2013 – 2020 (Tons) (US$ Mn) 4.4 Others (Including Turf, etc) 4.4.1 Global penoxsulam market for other applications , 2013 – 2020 (Tons) (US$ Mn) Chapter 5 Penoxsulam Market: Regional Analysis 5.1 Global Penoxsulam Market: Regional Analysis 5.1.1 Global penoxsulam market volume share by region, 2013 and 2020 5.2 North America Transparency Market Research 5 Penoxsulam Market 5.2.1 North America penoxsulam market volume , by crop type, 2013 - 2020 (Tons) 5.2.2 North America penoxsulam market revenue, by crop type, 2013 - 2020 (US$ Mn) 5.3 Europe 5.3.1 Europe penoxsulam market volume, by crop type, 2013 - 2020 (Tons) 5.3.2 Europe penoxsulam market revenue, by crop type, 2013 - 2020 (US$ Mn) 5.4 Asia Pacific 5.4.1 Asia Pacific penoxsulam market volume, by crop type, 2013 - 2020 (Tons) 5.4.2 Asia Pacific penoxsulam market revenue, by crop type, 2013 - 2020 (US$ Mn) 5.5 Rest of the World 5.5.1 RoW penoxsulam market volume, by crop type, 2013 - 2020 (Tons) 5.5.2 RoW penoxsulam market revenue, by crop type, 2013 - 2020 (US$ Mn) Chapter 6 Company Profiles 6.1 Dow Agro Sciences LLC 6.2 Shijiazhuang Xingbai Bioengineering Co., Ltd 6.3 Hangzhou Tianlong Biotechnology Co Ltd Browse All Chemical Market Research Reports: http://www.transparencymarketresearch.com/chemical-market-reports-2.html About Us Transparency Market Research 6 Penoxsulam Market Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Linkedin : https://www.linkedin.com/today/author/430748012 Browse The Market Research Blog : http://globalresearchanalysis.blogspot.in/ Transparency Market Research 7
Invented by DowAgroSciences LLC, Penoxsulam is a major rice herbicide used across the world. Hangzhou Tianlong Biotechnology Co., Ltd., and Shijiazhuang Xingbai Bioengineering Co., Ltd., besides Dow AgroSciences LLC currently hold dominance in the market’s competitive landscape, finds Transparency Market Research (TMR) in a new study.
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