Global Penoxsulam Market is anticipated to reach US$ 355.6 Mn in 2020, expanding at a CAGR of 5.1% by 2020

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
sales@transparencymarketresearch.com
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: sales@transparencymarketresearch.com
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.