Data Bridge Market Research analyses that the isoxaflutole market will project a compound annual growth rate (CAGR) of 5.65% during the forecast period of 2022-2029. Growing focus on the application of high-quality seeds especially in the developing economies, increasing focus on the latest trends in the market, growing application of advanced and modern agricultural practices to improve the productivity, high growth in emerging countries coupled with innovative technologies and increasing industry competitiveness are the major factors attributable to the growth of isoxaflutole market.
Isoxaflutole is a kind of herbicide that is used for agricultural practices to get rid of unwanted growing the affect the crop health. Isoxaflutole enhances the growth of crops and improves the soil health. Isoxaflutole protects chlorophyll in crops from decomposition due to sunlight and improves the crop yield. Isoxaflutole is an agrochemical that contains certain ingredients that instantly kills the weeds and all kinds of unwanted plants. Having a chemical formula of C15H12F3NO4S, isoxaflutole is used as a major ingredient in a wide range of herbicides. Isoxaflutole is a member of the class of isoxazoles which is used as herbicides for weed control in almond, maize and sugarcane.
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Some of the major players operating in the isoxaflutole market are Santa Cruz Biotechnology, Inc., Bayer AG, DuPont, BASF SE, Certis USA L.L.C, Novozymes, Marrone Bio Innovations, Syngenta, Nufarm, NEOGEN Corporation., LANXESS, Merck KGaA, CHEMOS GmbH Co. KG, Jiaozuo Huisell ImportExport Co., Ltd., Shanghai E-Tong Chemical Co., Ltd., Sumitomo Chemical Co., Ltd., Wanko Chemical Co., Ltd., Kingtai Chemicals Co., Limited, Shijiazhuang Awiner Biotech Co., Ltd. and SHENZHEN KING QUENSON INDUSTRY CO., LTD among others.
Global Isoxaflutole Market Scope and Market Size:
The global isoxaflutole market is segmented on the basis of crops and end users. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of crops, the isoxaflutole market is segmented into sugarcane, maize, apple, peaches and almonds.
- The isoxaflutole market is also segmented on the basis of end users into industries, agriculture and others.
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Isoxaflutole Market Country Level Analysis:
The global isoxaflutole market is segmented on the basis of crops and end users.
The countries covered in the isoxaflutole market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the isoxaflutole market and will continue to flourish its dominance during the forecast period owing to the rising research and development proficiencies and large-scale production of crops such as corn and soy. Asia-Pacific region continue to undergo substantial gains during the forecast period and will register the highest CAGR. Growing personal disposable income, increased focus of improving the crop productivity, and surge in the expenditure for research and development proficiencies are some other important factors fostering the growth of this region.
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