Penoxsulam Market by Type and Size | Industry Report 2018-2023

Recent Developments

Dow chemical company is second largest chemical manufacturer in the world. Dow has taken a step towards advancements in science that enabled RO membranes to effectively remove and separate salt and other contaminants and impurities from water at the molecular level, helping turn seawater, low-quality wastewater and raw water into high-quality process water. The firm also introduced the technology named WAVE to help its customers meet the challenge. Dow has merged with DuPont.

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Market Segmentation

Market Data Forecast published a report named Global Penoxsulam Market it is currently valued USD 325.34 million in 2018 and estimated to be growing at a CAGR of 5.10%, to reach USD 417.21 million by 2023.

Report segmented as:

Crop Type:

  • Rice
  • Aquatics
  • Others

Being a staple food, demand of rice has increased the most, which has led to the increased demand of Penoxsulam pesticide. As a result, rice fields have emerged as the leading segment for demand of Penoxsulam herbicide accounting for almost 85% of the global market.

Geographical Segmentation:

Based on geography, the market is analyzed under North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2018, Asia-Pacific had the biggest Penoxsulam market accounting for almost 55% of global market share. India and China alone in Asia-Pacific account for more than 50% of the share of Asia-Pacific market. Asia-Pacific also has the fastest growing rate in this market

Key Market Players:

  • Dow Chemical
  • Bayer Crop Science
  • Syngenta International
  • Chemtura Corp
  • Monsanto

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The Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing 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 are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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