Increase in demand for herbicides promotes the Global Trifluralin Market
Market overview:
The Global Trifluralin Market is estimated to reach a valuation of 187 million US dollars by 2025 at a CAGR of 3.4% during the outlook period of 2020 to 2025.

Trifluralins are widely utilized pre-emergent herbicide that was extracted with dichloromethane. It is also utilized to control broad leaved weeds and annual grasses by inhibiting their cell division and disturbing mitosis during root development.

Market Drivers and Restrains:
Increased demand for herbicides and developments in the agriculture sector are some of the driving factors of the global Trifluralin market. Also, the increasing investments for the research and development by the major players of the market and rise in the demand for weed removing chemicals are some of the other driving factors of Trifluralin market. However, high costs and increasing in the competition from substitutes are a few major restraints effecting the growth of the global Trifluralin market.

Recent Developments:
In November 2015, Gowan company acquired global dinitroaniline herbicide portfolio from Dow Agrosciences LLC, which includes labels based on the molecules trifluralin, benfluralin and ethalfluralin.

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Report is segmented as:
The Trifluralin is segmented according to type, crop and applications.
By type, the market is segmented into miscible oil (Emulsifying Concentrate), Granula. By crop, the Trifluralin market is segmented into field crops and fruits & vegetable crops. By applications, the Trifluralin market is segmented into wireweed, spurrey, annual grasses, fathen and other applications.

Geographical Segmentation:
North America holds the major share of the market of Trifluralin owing to the factors such as increase in advancements in technology and rise in the demand for weed removing chemicals. This region is also expected to hold the dominance of the market during the outlook period. Asia Pacific holds the second largest share of the Trifluralin market because of the increasing funding by the major companies in this area.

Impact of COVID-19 on Trifluralin Market
Due to coronavirus pandemic, all the industries are facing a lot of financial crisis due to the halt of their businesses because of the lockdown imposed by the government authorities. Also, the companies related to Trifluralin are facing financial crisis due to this pandemic. As per the analysis, the Trifluralin market is expected an increase in the next few months with all the companies already starting their businesses since the lockdown situation has lifted in most of the countries and also due to the increasing demand for herbicides and developments in the agriculture sector.

Key market players:
Major players of Trifluralin market are Shandong Qiaochang Chemistry Co Ltd, Jiangsu Aijin Agrochemical Co Ltd, Gowan Company, Chongqing Shurong Chemical Co Ltd, Dow Agrosciences LLC, Nufarm S.A.S, BASF SE, Adama Agriculture Solution Ltd, Haoyang Chemical Industry Co ltd, Shenzhen Sunrising Industry Co Ltd.

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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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