SMR Report: Oxyfluorfen Market size, Growth, Trends, Absolute Opportunity 2021 by SMR
Shrinking arable land and rising awareness for crop protection is expected to boost the demand for oxyfluorfen market. Oxyfluorfen is orange colored pre and post emergent herbicide which is non corrosive, crystalline solid, and moderately toxic.
Oxyfluorfen is orange colored pre and post emergent herbicide which is non corrosive, crystalline solid, and moderately toxic. Oxyfluorfen is utilized to manage grassy weeds and broadleaf in fruits, vegetables and cotton. Koltar, RH-2915 and Goal are some of the trade names for oxyfluorfen and available in granular form or in concentrated emulsifiable. Oxyfluorfen reduce the loss of crops by getting rid of weed and assure constancy in food prices. Oxyfluorfen is insoluble in water, absorbs soil particles and cannot be easily disperse. Therefore oxyfluorfen does not create soil and ground water pollution. Oxyfluorfen is flammable at high temperatures and stable in normal temperature and pressure. Inhalation of oxyfluorfen can cause ill effects on respiratory systems and also cause irritation to eyes and skin.
Increasing use of advance technologies for the cultivation of crops along with adoption of effective herbicides are the factors driving the growth of oxyfluorfen market. Shrinking arable land and rising awareness for crop protection is expected to boost the demand for oxyfluorfen market. Agricultural sector is growing at a rapid space across the world. However, high usage led some of the weeds to generate resistance towards oxyfluorfen which is likely to impede the growth of oxyfluorfen market. Nevertheless, escalating demand from emerging countries is expected to open new avenues in the forecast period.
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The report provides a comprehensive view on the oxyfluorfen market we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the oxyfluorfen market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
Geographically, Asia Pacific is the fastest growing region for oxyfluorfen market. Emerging economies such as India and China are anticipated to show maximum growth owing to growing urbanization and rising population coupled with increasing food demand with decrease in arable land. Latin America together with North America accounted for the highest share of oxyfluorfen market and is expected to remain competitive owing to presence of various vendors.
The oxyfluorfen market is mostly dominated by chemical and agriculture organizations. Some of the key participants in oxyfluorfen market includes E. I. du Pont de Nemours and Company, Hangzhou Tianlong Biotechnology Co., Ltd., Arysta LifeScience, Monsanto Company, Nantong Runfeng Petro-Chemical Co., Ltd, Shanghai Mingdou Chemical Co., Ltd., and Jiangxi Tiansheng New Materials Co., Ltd. Few prominent players include Shandong Qiaochang Chemical Co., Ltd., BASF SE, Dow Agrosciences, Shenzhen Cropstar Chemical Industry Co., Ltd, Syngenta AG, Shanghai AgroChina Chemical Co., Ltd, Guangzhou Yishun Biological Technology Co., Ltd., Sunking Chemical Industrial Co., Ltd and Chongqing Shurong Chemical Co., Ltd among others. The strategies followed by the companies are constant research and development, enhancing the properties and use of oxyfluorfen and acquisitions.
The report segments of the oxyfluorfen market into:
Oxyfluorfen Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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