Market Overview:

Pinoxaden refers to a kind of white powder that belongs to the class of chemicals called phenylpyrazole and was developed in 2015 by Syngenta Crop Protection AG. Herbicides are

known for preventing the growth of weeds via a procedure that does not harm the

environment or the crop in return. Hence, farmers are now preferring pinoxaden over harmful

chemical herbicides that might also have different side effects on the environment. Pinoxaden

is a kind of herbicide based on grass-weed and deters the production of membrane

lipids. This results in the withering of the target grass. Winter and spring barley and wheat are

the main target crops globally. It is applicable during the early as well as late stages of growth.

The worth of pinoxaden market is estimated to rise at a 12.3% CAGR from 2018 to 2023. The

market was valued at US$385.4 million in 2018 and is likely to grow to a valuation of US$862.2

Million

Market drivers and restraints:

Pinoxaden market is estimated to witness high growth over the forecast period due to the rise in

agricultural food production across the world. The growing need for high yield of crops to meet

demands of the growing population are estimated to be a key driver for pinoxaden market growth.

Additionally, rising awareness among farmers regarding weed control measures is likely to

boost the market growth over the forecast period. The growing trend in the usage of herbicides as a

modern agricultural practice is expected to further fuel pinoxaden demand.

To know more, click on the link below:

https://www.marketdataforecast.com/market-reports/global-pinoxaden-market

Report segmented as:

By crop:

Wheat

Barley

Geographical analysis:

Geographically, the world pinoxaden market was led by Europe in 2013 with a share of 45% in

the same year. At present, the region holds over 65% of the total barley production and 305 of

the total wheat production worldwide. Moreover, Germany, France, and Russia are the leading

three nations producing barley.

Important market players:

Major market players include Syngenta Crop Protection AG, Agchem Access, Sigma Aldrich,

Haihang Industry Co. Ltd, Simagchem, Advanced Technology & Co. Ltd and Hebei Duoke

Chemical Technology Co. Ltd.

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pinoxaden-market/request-sample

The Scope of the report:

This report offers the current product and services market evaluation and the future estimation

of the market. It helps us understand the market better through size anticipation and CAGR

calculation to estimate the next market. It has a broader segmentation for better

understanding of the enterprising of the market at a low level by segregating the market into

smaller sectors.

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and consulting. We have rich experience in research and consulting for various business

domains to cater to the needs of both individual and corporate clients.

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