Isoxaflutole is used as an herbicide in the agrochemical industry. The chemical is used on grasses and broad-leaved weeds in corn. Isoxaflutole restrains the carotenoid biosynthesis, which is responsible for chlorosis in plant growth. The active ingredient is rapidly metabolized in the soil as well as in the plant by opening the isoxazole, which forms a diketonitrile–metabolite that is responsible for the mode of action in the plant. Isoxaflutole herbicide is primarily used on two vegetable crops: maize/corn and sugarcane. It is also used on fruit crops such as almond, peach, walnut, and apple Significant production of these food sources in emerging economies such as Brazil and emerging regions such as Asia Pacific is expected to boost the market for this herbicide over the next few years in these regions.
Asia Pacific accounted for over 30% of isoxaflutole market volume share in 2013. Major crops that make use of isoxaflutole such as sugarcane and maize are produced in large quantities in the region. Sugarcane production has increased in the region due to rising demand for biofuels in a number of key end-user industries such as automotive and aerospace. Growth in demand for sugarcane for food and biofuels has resulted in the rapid production of the crop. Thus, the usage of herbicides such as isoxaflutole in these crops has also increased. Other factors such as growth in the corn industry in various emerging economies such as India, China, and Brazil have also boosted the demand for herbicides.
Demand for isoxaflutole was the highest in vegetable crops, accounting for approximately 90% of the market share in 2013. Isoxaflutole is extensively used on sugarcane crops to eliminate various weeds and pests. The crop is regarded as one of the most efficient and significant sources of bio-fuel. The market for biofuels has been expanding due to rise in oil prices, which is significantly encouraging the demand for sugarcane. This, in turn, has boosted the demand for herbicides such as isoxaflutole. Isoxaflutole is also employed in the production of other vegetable crops such as corn or maize. Countries such as the U.S. and China are the top two producers of corn. Isoxaflutole is used in the growth of other crops such as fruits. Various fruit crops including almond, apple, peach, and Brazil nut use isoxaflutole in their growth mechanism. The U.S. accounts for the largest share in the production of almonds. Isoxaflutole is widely used for the growth of the crop in the U.S.
Maize and sugarcane are the major vegetable crops that make use of isoxaflutole. North America, particularly the U.S., accounts for more than 40% of the global maize production. Thus, the region accounts for the highest consumption of isoxaflutole for these crops. Corn and maize crops account for the majority of demand for isoxaflutole in Europe. Maize is extensively used in feed, food, industrial, and ethanol production. Thus, the corn industry has witnessed growth over the past few decades. Demand for corn in emerging regions such as Asia Pacific is primarily driven by ethanol production. However, increasing consumption of meat in emerging economies such as China and India has a high impact on the corn industry. Corn is a major component of livestock feed. Demand for isoxaflutole is dependent on the number of animals consuming corn. Fresh meat sales in China grew by 3.5 tons alone in 2011, due to growing per capita income and changing food habits of the people in the country.
Companies such as Bayer CropScience, and E. I. du Pont de Nemours and Company are the key players in the isoxaflutole industry.
Chapter 1 Preface
1.1 Report description
1.2 Market Segmentation
1.2.1 Global Isoxaflutole Market Segmentation, By Crop Segment and Region
1.3 Research Scope
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global Demand for Isoxaflutole, 2013 – 2020 (Tons) (US$ Mn)
2.2 Isoxaflutole: Market snapshot, 2013 & 2020
Chapter 3 Isoxaflutole Market – Industry Analysis
Chapter 4 Isoxaflutole Market – Crop Segment Analysis
4.1 Global Isoxaflutole Market: Crop Segment Overview
4.1.1 Global Isoxaflutole Market Volume Share, By Crop, 2013 and 2020
4.2 Vegetable crops
4.2.1 Global Isoxaflutole Market For Vegetable Crops, 2013 – 2020 (Tons) (US$ Mn)
4.3.1 Global Isoxaflutole Market For Other Crops, 2013 – 2020 (Tons) (US$ Mn)
Chapter 5 Isoxaflutole Market – Regional Analysis
5.1 Global Isoxaflutole Market: Regional Overview
5.1.1 Global Isoxaflutole Market Volume Share, By Region, 2013 and 2020
5.2 North America
5.2.1 North America Isoxaflutole Market Volume, By Crop, 2013– 2020 (Tons)
5.2.2 North America Isoxaflutole Market Revenue, By Crop, 2013– 2020 (US$ Mn)
5.3.1 Europe Isoxaflutole Market Volume, By Crop, 2013 – 2020 (Tons)
5.3.2 Europe Isoxaflutole Market Revenue, By Crop, 2013 – 2020 (US$ Mn)
5.4 Asia Pacific
5.4.1 Asia Pacific Isoxaflutole Market Volume, By Crop, 2013 – 2020 (Tons)
5.4.2 Asia Pacific Isoxaflutole Market Revenue, By Crop, 2013 – 2020 (US$ Mn)
5.5 Rest of the World (RoW)
5.5.1 RoW Isoxaflutole Market Volume, By Crop, 2013– 2020 (Tons)
5.5.2 RoW Isoxaflutole Market Revenue, By Crop, 2013 – 2020 (US$ Mn)
Chapter 6 Company Profiles
6.1 Bayer CropScience
6.2 E. I. du Pont de Nemours and Company (DuPont)
List of Figures
FIG. 1 Global Isoxaflutole Market Segmentation, By Crop Segment and Region
FIG. 2 Global Isoxaflutole Market For Other Crops, 2013 – 2020 (Tons) (US$ Mn)
FIG. 3 Global Isoxaflutole Market Volume Share, By Crop, 2013 - 2020
FIG. 4 Global Isoxaflutole Market For Vegetable Crops 2013 – 2020 (Tons) (US$ Mn)
FIG. 5 Global Isoxaflutole Market For Other Crops, 2013 – 2020 (Tons) (US$ Mn)
FIG. 6 Global Isoxaflutole Market Volume Share, By Region, 2013 and 2020
List of Tables
TABLE 1 Isoxaflutole: Market Snapshot, 2013 & 2020
TABLE 2 North America Isoxaflutole Market Volume, By Crop, 2013 – 2020 (Tons)
TABLE 3 North America Isoxaflutole Market Revenue, By Crop, 2013 – 2020 (US$ Mn)
TABLE 4 Europe Isoxaflutole Market Volume, By Crop, 2013 – 2020 (Tons)
TABLE 5 Europe Isoxaflutole Market Revenue, By Crop, 2013 – 2020 (US$ Mn)
TABLE 6 Asia Pacific Isoxaflutole Market Volume, By Crop, 2013 – 2020 (Tons)
TABLE 7 Asia Pacific Isoxaflutole Market Revenue, By Crop, 2013 – 2020 (US$ Mn)
TABLE 8 RoW Isoxaflutole Market Volume, By Crop, 2013 – 2020 (Tons)
TABLE 9 RoW Isoxaflutole Market Revenue, By Crop, 2013 – 2020 (US$ Mn)
Isoxaflutole is an herbicide mostly used on vegetable crops for growth enhancement in the agrochemical industry. Vegetable crops which consume isoxaflutole herbicide include maize/corn and sugarcane. Other than vegetable crops, isoxaflutole is also used in the growth mechanism of fruits such as almond and tangerine.
This report provides detailed analysis and forecast of the isoxaflutole market on a global and regional level from 2014 to 2020. On the global level, the market has been segmented based on revenue (US$ Mn) and volume (Tons) from 2014 to 2020. For in-depth understanding of the market at the regional level, demand has been forecast in terms of revenue (US$ Mn) and volume (Tons) from 2014 to 2020.
The market has been segmented based on type of crops using isoxaflutole. Each segment has been analyzed and forecast based on revenue (US$ Mn) and volume (Tons) from 2014 to 2020. Additionally, the segments have been analyzed and forecast based on current trends at the global and regional level in the given time period. Geographically, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Demand has been analyzed and forecast based on current trends for a period of six years.
Profiles of companies such as Bayer CropScience, and E. I. du Pont de Nemours and Company have been provided in the report.
Inflation is not a part of pricing in this report. This report provides the market size of the isoxaflutole market for 2013, and forecast for the next six years, from 2014 to 2020. The global market size of isoxaflutole is given in terms of volume and revenue. Market volumes and revenues have been estimated and forecast in Tons and US$ Mn. Market numbers are estimated based on various crop types using isoxaflutole. Market size and forecast for each segment is provided in the context of the global as well as regional markets.
We conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders for the research report. Primary research represents the bulk of the research efforts coupled with an extensive secondary research. We reviewed key players’ annual reports, product portfolio, press releases, and relevant documents for competitive analyses and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, internet sources, trade associations, and statistical data from government websites and associated, authorized agency websites. This proved to be the most successful, effective, and reliable approach for obtaining concise data, capturing industry participants’ insights, and recognizing opportunities and growth.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings. It also includes internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports. News articles, press releases, and web-casts specific to the companies operating in the market also serve as a part of secondary sources.
We conduct primary interviews on an on-going basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills various functions. First-hand information is obtained on the market size, market trends, growth trends, competitive landscape, outlook, etc. It also helps in validating and strengthening the secondary research findings, and further develops the analysis team’s expertise and market understanding. The primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies.
Isoxaflutole Market - Crop Segment Analysis
- Vegetable crops
- Others (Including fruits)
Isoxaflutole Market - Regional Analysis
- North America
- Asia Pacific
- Rest of the World (RoW)