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Global Penoxsulam Market was valued at US$ 253.7 Mn in 2013 and is anticipated to reach US$ 355.6 Mn by 2020, expanding at a CAGR of 5.1% from 2014 to 2020. In terms of volume, the global demand for penosxulam stood at 438 tons in 2013
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Transparency Market Research Penoxsulam Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014–2020 Published Date 2015-01-16 37 Page Report Request Sample Buy Now Press Release Penoxsulam Market to Witness Highest Growth in Asia Pacific as Crop Protection Industry Stirs Up Demand Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Penoxsulam Market REPORT DESCRIPTION Global Penoxsulam Market: Snapshot With the significant rise in the global population, the need crop protection has also increased substantially. Farmers and agriculturists are utilizing a number of techniques to increase their crop yield in order to satisfy the augmenting demand for food across the world. Herbicides, especially penoxsulam, have surfaced as one of the key techniques farmers have adopted for the safety of crops. The constant rise in the demand for various crops, such as wheat, rice, and corn, is likely to have a positive impact on the global penoxsulam market in the near future. Apart from this, the efficiency of penoxsulam, impelled by its superior chemical properties, compared to other herbicides is also anticipated to boost this market substantially over the forthcoming years. Browse Market Research Report: http://www.transparencymarketresearch.com/penoxsulam-market.html The rising number of turfs and lawns is another important factor that is expected to influence the demand for penoxsulam across the world in the years to come. The increase in sports grounds and golf courses are also projected to add to the growth of this market significantly. However, the availability of substitutes and price volatility may create challenges for market players over the next few years. Continued Dominance of Asia Pacific Ensured by Rise in Crop Protection Industry 2 Transparency Market Research
Penoxsulam Market Geographically, the worldwide market for penoxsulam boasts of its presence across Asia Pacific, North America, Europe, and the Rest of the World. In 2013, Asia Pacific led the global market with a share of 55%. The regional market is anticipated to remain leading over the next few years on the grounds of the rising demand for penoxsulam in several Asian economies, such as China, Indonesia, India, Vietnam, Bangladesh, and Thailand, fueled by the growth of their respective crop protection industries. The significant rise in the Asia Pacific agricultural sector is another factor behind the swift growth of the penoxsulam market in this region. The proliferation in the construction industry and the augmenting number of turfs in India, Indonesia, and China, are also anticipated to boost the Asia pacific penoxsulam market in the near future. Get accurate market forecast and analysis on the Penoxsulam market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=3689 Amongst other regional markets, North America and Europe are projected to display a moderate increase in their respective markets over the forthcoming years. However, the escalating demand for penoxsulam in several non-agricultural applications, such as gardening, forestry, and sports, are likely to support the penoxsulam market in these regions considerably in the years to come. On the other hand, Latin America is projected to offer a promising marketplace to players over the next few years on the grounds of the rise in the food production and the high economic development in several countries, such as Brazil and Mexico. 3 Transparency Market Research
Penoxsulam Market Rice Fields to Remain Key Consumer of Penoxsulam Rice fields and water bodies, such as aquatic weeds and turfs, are the key application areas of penoxsulam across the world. With 85% share in the global market, rice fields emerged as the leading application segment in 2013. The low level of toxicity in penoxsulam products is likely to increase their application in rice fields over the next few years. The usage of penoxsulam is expected to remain more of less same over the forthcoming years in water bodies on account of the steady growth of each of these application areas. The Dow Chemical Co., BASF SE, Bayer CropScience AG, Syngenta International AG, Monsanto Co., Nufarm Ltd., and Chemtura Corp. are the key companies operating in the global penoxsulam market. About Us 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 forward-looking 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. 4 Transparency Market Research
Penoxsulam Market 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: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ 5 Transparency Market Research