Global Bifenthrin Market: Overview
Bifenthrin is a pyrethroid insecticide and is especially effective against ants. It acts on the nervous system of ants and effectively paralyses them. It has been an effective tool in protecting crops from the onslaught of insects. Given that global population is increasing at an amazing rate, it is imperative that food security be increased. Arable land is decreasing by the day and farmers can ill afford to lose crops to natural predators like ants. As per TMR, it augurs well for the Bifenthrin market from 2020 to 2030.
Global Bifenthrin Market: Competitive Landscape
Major players marking the global bifenthhrin market landscape, creating new benchmarks of growth are mentioned below. It is worth pointing out here that these manufacturers recognize the rising demand for their product and are willing to increase production to higher levels. Also, increasing market outreach and awareness among people by advertisements is important to reach out to the end consumer.
- Yangnong Chemical
- Jiangsu Huifeng Agrochemical
- Jiangsu Chunjiang Agrochemical
- Jiangsu Huangma Agrochemicals
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Global Bifenthrin Market: Key Trends and Drivers
World population is expected to reach 11 billion by 2100. A concomitant growth in food production has to materialize. In order to meet global food demand in 2050, agricultural production has to increase by 48.6 percent worldwide from levels seen in 2013. At present, 12% of the world's land is used for growing crops. As arable land shrinks, taking the most out of a set piece of earth will become imperative. This can ill be done without the use of chemicals like Bifenthrin. Thus the Bifenthrin market should grow steadily in the future.
Global Bifenthrin Market: Regional Analysis
The Asia Pacific region (APAC) is currently the global leader in the Bifenthrin market. This can be attributed to a robust agricultural base that needs chemical intervention to increase productivity.
North America and Europe are expected to show modest growth in this market owing to stringent regulations on the use of chemicals here. Moreover, organic solutions to food problems are sought here and chemicals are shunned by the public by and large.
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.