Pendimethalin Market Introduction

  • Pendimethalin is a member of the dinitroaniline herbicide group. It is a pre-emergence herbicide with residual activity and has broad spectrum control of annual grasses and broadleaf weeds in various crops, horticultural crops, turf, and forestry.
  • Pendimethalin acts pre-emergence, that is before weed seedlings have emerged; and early post-emergence. It inhibits root and shoot growth. It controls the weed population and prevents weeds from emerging, particularly during the crucial development phase of the crop.
  • In terms of application, the pendimethalin market can be segmented into grass control, crop protection, cell division & inhibition, cell elongation, residential, and others. The cell division & inhibition segment is expected to expand at a significant pace during the forecast period.

Key Drivers of Global Pendimethalin Market

  • Growth in usage of pendimethalin to protect various agricultural crops is expected to boost the consumption of pendimethalin during the forecast period. Pendimethalin protects crops such as wheat, corn, soybean, potatoes, cabbage, peas, carrots, and asparagus. It is used to control annual grasses and certain broadleaf weeds, which interfere with growth, development, yield, and quality of agricultural and horticultural crops.
  • Increase in usage of pendimethalin as an herbicide in Europe and North America is expected to boost the pendimethalin market in these regions during the forecast period. In areas where weed infestation is particularly high, yield losses can render wheat production economically unviable. In addition to wheat, a large number of crops are grown in Europe that account for relatively small percentage of total agricultural output. Herbicide options are limited for these minor crops, with few effective herbicides available in the vegetable sector. Long-term field studies performed in Germany by governmental research and advisory institutes together with farmers rank pendimethalin as an efficient herbicide to control blackgrass, with regard to weed control efficacy, crop yield, treatment costs, and environmental impact.

Restraints of Global Pendimethalin Market

  • Dearth of universal directives pertaining to applications of pendimethalin is likely to hamper the market in the near future. Every country has different directives and legislations pertaining to the use of pendimethalin. Companies find it difficult to meet these country-wise directives and legislations. This can discourage investment in the pendimethalin market, thereby adversely affecting the market.
  • Hazardousness of pendimethalin is also estimated to restrain the market growth during the forecast period. Exposure to pendimethalin has been shown to substantially increase the risk of developing pancreatic cancer, one of the most lethal forms of cancer.

Covid-19 Impact on Pendimethalin Market

  • Key players operating in the global pendimethalin market are primarily tier I and tier II manufacturers and suppliers. Manufacture and supply chain facilities of these manufacturers have spread across various countries in Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Many of these players have halted their production output over the last few months due to the COVID-19 pandemic. The pandemic has negatively impacted the demand and supply chain of these materials. Thus, demand for pendimethalin is expected to decline in the near future.

Asia Pacific to Hold Major Share of Global Pendimethalin Market

  • In terms of region, the global pendimethalin market can be split into North America, Asia Pacific, Europe, Middle East & Africa, and Latin America
  • Asia Pacific is projected to hold significant share of the global pendimethalin market in terms of consumption during the forecast period. End-user industries such as agriculture, horticulture, and forestry are rapidly expanding in the region. Rise in disposable income, growth in awareness about herbicides, and increase in commercialization of farming in many countries in Asia Pacific are boosting the consumption of herbicides in the region. This, in turn, is augmenting the demand for pendimethalin. Pendimethalin is also used in horticulture and forests to enhance cell elongation of various plants. Rise in awareness about environment conservation is leading to an increase in forestation in China, India, Japan, and South Korea. This is expected to propel the consumption of pendimethalin in these countries.
  • Europe is anticipated to account for vital share of the global pendimethalin market during the forecast period owing to presence of major players in the region

Prominent Players in Global Pendimethalin Market

Major players operating in the global pendimethalin market are adopting various organic and inorganic growth strategies such as joint ventures, mergers & acquisitions, expansion, collaborations, new product launches, strategic alliances, and research and development to increase their regional presence and business operations. Key players operating in the market include:

  • BASF
  • Adama Agricultural Solutions
  • Zhejiang XinNong Chemical
  • Jiangsu Yongan Chemical Co., Ltd.
  • Rosi Chemical
  • Zhejiang Heben Pesticide & Chemicals
  • Rallis India

Research Scope: Pendimethalin Market

Pendimethalin Market, by Application

  • Grass Control
  • Crop Protection
  • Cell Division & Inhibition
  • Cell Elongation
  • Residential
  • Others

Pendimethalin Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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
  • Europe
  • 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.

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