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五氟磺草胺市场 - 2023-2030Penoxsulam Market - 2023-2030 |
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概述
2022年,全球五氟磺草胺市场达到3.2051亿美元,预计2030年将达到4.4543亿美元,2023-2030年预测期间CAGR为4.2%。
多年来,全球五氟磺草胺市场经历了显着的成长和转变,农民对五氟磺草胺的需求不断增加,因为它透过阻止植物产生乙酰乳酸合成酶(ALS)提供了独特的作用模式,对于植物的生长至关重要杂草,有助于有效控制杂草。因此,这些因素有助于推动全球五氟磺草胺市场。
此外,许多製造公司正在生产高品质的创新产品以扩大市场。例如,Corteva Agriscience 生产了 Assert,其中含有 Penoxsulam 2.5% OD。它是一种内吸性广谱水稻芽后除草剂,可防除稗草属、莎草和键盘叶杂草。此类产品有助于促进市场成长。
水稻作物占了一半以上的市场。同样,亚太地区主导五氟磺草胺市场,占据最大市场份额,超过 1/3。该地区拥有广阔的农业用地,稻米产量增加。印度仍是五氟磺草胺的最大消费国,2022-23 年稻米产量为 1.36 亿吨,比前一年增加 5%。
动力学
对农作物高产量和高品质的需求增加
对高作物生产力和高品质的需求的增加显着增加了五氟磺草胺的市场,因为它可以阻止杂草生长所必需的乙酰乳酸合成酶(ALS)的产生。它有助于保持作物的品质并透过防止杂草腐败来提高作物生产力。这些因素有助于扩大市场。
此外,许多主要参与者正在生产高品质的创新产品,以吸引更大的消费群。例如,Nova Agri 集团生产了 Nova Penola(Penoxsulam 1.02% + Cyhalofop Butyl 5.1% OD)。它用作芽后除草剂。它能有效防除一年生和多年生禾本科杂草、莎草和阔叶杂草。此类产品有助于提高采用率。
杂草控制需求增加
农民正在采用有效的杂草控制方法,如五氟磺草胺除草剂,因为它们可以在芽后施用,可以有效杀死水稻作物中的杂草,这有助于减少作物产量损失和除草剂和农药的过度使用。因此,这些因素有助于提高采用率。
此外,许多製造公司正在生产各种产品,以扩大其市场和产品组合。例如,奇科作物科学有限公司生产了速效氰氟草酯15%+五氟磺草胺3% 18% OD除草剂。它是合成抑制剂,抑制乙酰乳酸合成酶(ALS)的活性,是一种选择性的芽前和芽后内吸除草剂。此类产品有助于促进市场成长。
抵抗力发展
杂草抗性的发展确实是抑制全球五氟磺草胺市场的重要因素。当杂草对五氟磺草胺产生抗药性时,除草剂控制这些杂草的效果就会减弱。这也导致农作物过度使用除草剂的增加,从而在农作物中留下残留物,对人类健康造成不利影响,因此,它可能会阻碍市场成长。
此外,抗性的发展可能导致作物损失增加,最终影响全球五氟磺草胺市场的成长。根据政府支持的一项研究,到 2022 年,印度在收穫和消费之间损失了约 5-13% 的水果和蔬菜,以及 3-7% 的其他作物,包括油籽和香料。
Overview
Global Penoxsulam Market reached US$ 320.51 million in 2022 and is expected to reach US$ 445.43 million by 2030, growing with a CAGR of 4.2% during the forecast period 2023-2030.
The global penoxsulam market has witnessed significant growth and transformations over the years, the demand for penoxsulam is increasing among farmers as it provides a unique mode of action by preventing plants from producing an enzyme acetolactate synthase (ALS), it is essential for the growth of weeds, and helps in effective control of weeds. Hence, such factors can help in driving the global penoxsulam market.
Furthermore, many manufacturing companies are producing high-quality innovative products in order to increase their market. For instance, Corteva Agriscience has produced Assert, which contains Penoxsulam 2.5% OD. It is a systemic broad spectrum, post-emergence rice herbicide and controls Echinochloa spp., sedges and keyboard leaf weeds. Such products can help in increasing the market growth.
The rice crop segment accounts for over half of the market share. Similarly, the Asia-Pacific dominates the penoxsulam market, capturing the largest market share of over 1/3rd. The region has vast agricultural land and increased rice production. India remains the largest consumer of penoxsulam as the rice production is 136 million tons in 2022-23 which is an increased 5% from pervious year.
Dynamics
Increase in Demand for High Crop Productivity and Quality
The increase in demand for high crop productivity and quality is significantly increasing the market for penoxsulam as it prevents the production of acetolactate synthase (ALS) which is necessary for weed growth. It helps in maintaining the quality of crops and increases crop productivity by preventing weed spoilages. Such factors can help in increasing the market.
Furthermore, many key players are producing high-quality innovative products in order to attract larger consumer bases. For instance, Nova Agri groups have produced Nova Penola (Penoxsulam 1.02% + Cyhalofop Butyl 5.1% OD). It is used as a post-emergence herbicide. It effectively controls annual and perennial grasses, sedges & broad-leaved weeds. Such products can help in increasing the adoption rate.
Increase in Demand for Weed Control
Farmers are adopting effective weed control methods like penoxsulam herbicides as they can be applied as post-emergent which can effectively kill the weeds in rice crops, This can help in reducing the crop yield losses and over usage of herbicides and pesticides for weed treatments. Hence, such factors can help in increasing the adoption rate.
Furthermore, many manufacturing companies are producing a wide range of products in order to expand their market and portfolios. For instance, Chico Crop Science Co., Ltd, has produced Cutting cyhalofop-butyl 15%+penoxsulam 3% 18% OD herbicide. It is synthesis inhibitor that inhibits the activity of acetolactate synthase (ALS) and is a selective systemic pre-emergence and post-emergence herbicide. Such products can help in increasing the market growth.
Resistance Development
The development of weed resistance is indeed a significant factor that can restrain the global penoxsulam market. When weeds develop resistance to penoxsulam, the herbicide becomes less effective at controlling those weed species. This also leads to an increase in the overuse of herbicides on crops which leaves residues in crops that can cause adverse health effects in humans, hence, it can hamper the market growth.
Furthermore, the resistance development can cause an increase in crop loss which can ultimately affect the growth of the global penoxsulam market. According to a study backed by the government, in 2022 India lost about 5-13% of its fruits and vegetables and 3-7% of other crops including oil seeds and spices between harvesting and consumption.
The global penoxsulam market is segmented based on formulation, crop, distribution channel, end-user, application and region.
Increase in Demand for Effective Weed Treatments
The rice crop segment holds the maximum share in the global penoxsulam market. The farmers are highly adopting these herbicides as they help in controlling a wide range of grassy and broadleaf and sedge weeds in rice fields. They also help in increasing crop productivity and quality which helps in driving the market in the agriculture sector.
Furthermore, many manufacturing companies are producing high-quality products to increase their market. For instance, Crystal crop protection Ltd. has produced Penoxa, it is a penoxsulam 21.7%SC, it is a post-emergence broad-spectrum herbicide. Which is an excellent foliar application efficacy against grasses, sedges and broad-leaved weeds of transplanted rice crops. Such products can help in increasing the adoption rate.
Increase in Rice Production and Presence of Vast Agricultural Land in Asia-Pacific
Asia-Pacific has been a dominant force in the global Penoxsulam market and its significance has only grown in the post-2020 era. Asia-Pacific has long been a powerhouse in the global Penoxsulam industry and this trend has continued well beyond 2020. As the world's most populous region with a rapidly expanding urban population, Asia-Pacific's demand for Penoxsulam is driven by infrastructure development, urbanization, and construction projects.
Furthermore, the demand for penoxsulam is increasing among rice crop farmers as it effectively kills the broad range of grassy weeds, and helps in increasing productivity. For instance, according to the U.S. Department of Agriculture report of 2023, in India the rice production was 136 million tons in 2022-23 which increased 5% from 2021-22 the production is 129 million tons. Hence, an increase in rice production helps in increasing the penoxsulum market.
Additionally, the presence of vast agricultural lands can help in increasing the usage of penoxsulum herbicides as they effectively eradicate weeds. For instance, according to the Department of Agriculture, Fisheries and Forestry report of 2023, Australia has 55% of agricultural lands which are about 427 million hectares, hence, such vast lands can help in increasing the adoption rate.
The major global players in the market include Crystal Crop Protection Ltd., Nova Agri Group, Corteva Agriscience, Chico Crop Science Co., Ltd., BASF SE, Syngenta, Sumitomo Chemical Co., Ltd., Kingtai Chemicals Co., Ltd, Toronto Research Chemicals and Zhejiang Rayfull Chemicals Co., Ltd.
The pandemic has brought a disruption in the supply chain, as many manufacturing companies are shut down due to government lockdown restrictions it caused the limitation of products in the market which has reduced the demand for penoxsulam, This has shown a negative impact on the global penoxsulam market.
Furthermore, during Covid-19 many people have started indoor farming practices as the health consciousness has increased among consumers, this can lead to an increase in the adoption of herbicides such as penoxsulam as they provide effective weed management. Hence, it can lead to increasing market growth.
The ongoing conflict between Russia and Ukraine has brought a disruption to the country's economy. Many manufacturing companies are shut down due to low employment rates, and low import and export rates, This caused a decrease in the availability of products in the markets which has shown a negative impact on the global penoxsulam market.
Furthermore, the war has brought disruption in agricultural practices as many agricultural lands are affected due to pollution caused by the war this has led to a decrease in the usage of penoxsulum herbicides, moreover people started investing more on essential needs due to less income this has led to decrease in penoxsulam market.
The global penoxsulam market report would provide approximately 77 tables, 82 figures and 186 Pages.
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