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Global Penoxsulam Market: Snapshot 

The consistent ascent in the interest for different yields, for example, wheat, rice, and corn, is probably going to positively affect the worldwide penoxsulam advertise soon. Aside from this, the effectiveness of penoxsulam, instigated by its unrivaled synthetic properties, contrasted with different herbicides is additionally foreseen to support this market significantly over the anticipated years.

The rising number of turfs and yards is another essential factor that is relied upon to impact the interest for penoxsulam over the world in the years to come. The expansion in games grounds and fairways are likewise anticipated to add to the development of this market altogether. Be that as it may, the accessibility of substitutes and value unpredictability may make difficulties for market players throughout the following couple of years. 

The North America penoxsulam market is projected to set up a dull execution through the present decade. Europe, then again, is projected to encounter a development of the penoxsulam advertise, yet not at an entirely astounding rate. Rice is developed in a couple of European nations that experience calm atmosphere, however the accessibility of a few different herbicides is projected to probably eat into the piece of the overall industry of penoxsulam in Europe. A portion of alternate herbicides that rival penoxsulam are acetochlor, butachlor, and clomazone; however penoxsulam remains the most broadly utilized herbicide for weed control. 

Compressor Lubricants to Remain Key Application Segment in Global Market 

Based on the crop type, the penoxsulam market is segmented in to rice fields and water bodies. Of these, rice fields dominated the global penoxsulam market in 2013 with 85% share in the overall market. This growth is attributable to increasing application in rice fields due to low level of toxicity in penoxsulam products. The demand for penoxsulam is expected to remain same over the forthcoming years. 

Emerging Economies Slated to Make Major Difference to Global Earnings 

In terms of geography, the global penoxsulam market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Of these, Asia Pacific led the market in the year 2013 by accounting 55% share in overall market. Additionally, the region is expected to lead the market over the forecast period owing to rising demand for the penoxsulam in numerous developing countries such as India, Indonesia, China, and Thailand. As these countries are mainly the agriculture-based countries and demand for the crop protection is higher in the industries. 

The significant rise in the agriculture sector in the Asia Pacific is boosting the penoxsulam market. Additionally, proliferation of the construction industry in the region is also augmenting adoption of turf and driving growth of the global penoxsulam market.   

Some of the key players operating in the global penoxsulam market are The Dow Chemical Co., Bayer CropScience AG, BASF SE, Syngenta International AG, Nufarm Ltd., Monsanto Co., and Chemtura Corp. 

Penoxsulam is a post-emergence herbicide based on the acetolactate synthase (ALS) inhibitor. It is primarily used on rice crops to control broadleaf weeds. Penoxsulam is also used on grasses and certain aquatic plants. This herbicide is also useful for the removal of unwanted plants on golf courses, sports fields, and lawns. Penoxsulam is available in two grades: technical grade and liquid product grade. 
 
The study segments the global penoxsulam market based on key regions and crop types. The major types of crops included in the report are rice, aquatics and other applications such as turf. Crop type analysis is further provided under each region, including North America, Europe, Asia Pacific and Rest of the World (RoW). Europe includes Western (including the EU and non-EU members), Central and Eastern Europe, while RoW includes South and Central America, Africa and the Middle East. The study comprises market analysis in terms of volume (tons) and revenue (US$ Mn). It includes penoxsulam market estimates for 2014 and forecast for the period from 2015 to 2020.
 
The report on the penoxsulam market also covers the profile of the inventor company, Dow AgroSciences LLC, and a few other China-based manufacturers such as Shijiazhuang Xingbai Bioengineering Co., Ltd., and Hangzhou Tianlong Biotechnology Co., Ltd. Dow AgroSciences LLC launched penoxsulam in the U.S. in 2005.
 
Different types of crops in each region have been considered for the global average price while breaking down this market. The prices considered in the report are for technical grade. The volume of the market is for the active ingredient (Penoxsulam) and not for the carrier. The penoxsulam market has been analyzed based on expected demand. Market estimates for this study have been based on volumes, with revenues being derived through regional pricing trends. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors and direct selling regional producers, based on manufacturer feedback and application requirement. We have used the bottom-up approach to arrive at the global market, considering individual crop type segments and integrating these to arrive at the global market. Crop type segments have been further bifurcated using the top-down approach to derive the regional product market.
 
In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of our research efforts, supplemented by extensive secondary research. 
 
We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions: It provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.; helps in validating and strengthening the secondary research findings; and further develops the analysis team’s expertise and market understanding. 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.
 
We reviewed key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding as part of secondary research. Secondary research also includes a search of recent trade; technical writing; internet sources; and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities.
 
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, internal and external proprietary databases relevant patent and regulatory databases, national government documents, statistical databases and market reports. Also referred are news articles, press releases and webcasts specific to companies operating in the market. Secondary sources referred for penoxsulam study include the U.S. Department of Agriculture (USDA), the U.S. Environment Protection Agency (EPA), Food and Agriculture Organization Corporate Statistical Database (FAOSTAT) and Friends of the Earth Europe (FoE Europe).
 
The report segments the global penoxsulam market as:
  • Penoxsulam Market - Crop Type Segment Analysis
    • Rice
    • Aquatics
    • Other Applications (Including turf, etc.)
  • Penoxsulam Market - Regional Analysis
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World (RoW)

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?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across 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.

 
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope and Assumptions
1.4 Research Methodology
 
Chapter 2 Executive Summary
2.1 Global Penoxsulam Market Estimates and Forecast, 2013 – 2020, (Tons) (US$ Mn)
2.2 Global Penoxsulam Market, Snapshot (2013 and 2020)
 
Chapter 3 Penoxsulam Market - Introduction
3.1 Introduction
 
Chapter 4 Global Penoxsulam Market: Crop Type Analysis
4.1 Global Penoxsulam Market: Crop Type Analysis
      4.1.1 Global penoxsulam market volume share by crop type, 2013 and 2020
4.2 Rice
      4.2.1 Global penoxsulam market for rice, 2013 – 2020 (Tons) (US$ Mn)
4.3 Aquatics
      4.3.1 Global penoxsulam market for other applications , 2013 – 2020 (Tons) (US$ Mn)
4.4 Others (Including Turf, etc)
      4.4.1 Global penoxsulam market for other applications , 2013 – 2020 (Tons) (US$ Mn)
 
Chapter 5 Penoxsulam Market: Regional Analysis
5.1 Global Penoxsulam Market: Regional Analysis
      5.1.1 Global penoxsulam market volume share by region, 2013 and 2020
5.2 North America
      5.2.1 North America penoxsulam market volume , by crop type, 2013 - 2020 (Tons)
      5.2.2 North America penoxsulam market revenue, by crop type, 2013 - 2020 (US$ Mn)
5.3 Europe
      5.3.1 Europe penoxsulam market volume, by crop type, 2013 - 2020 (Tons)
      5.3.2 Europe penoxsulam market revenue, by crop type, 2013 - 2020 (US$ Mn)
5.4 Asia Pacific
      5.4.1 Asia Pacific penoxsulam market volume, by crop type, 2013 - 2020 (Tons)
      5.4.2 Asia Pacific penoxsulam market revenue, by crop type, 2013 - 2020 (US$ Mn)
5.5 Rest of the World
      5.5.1 RoW penoxsulam market volume, by crop type, 2013 - 2020 (Tons)
      5.5.2 RoW penoxsulam market revenue, by crop type, 2013 - 2020 (US$ Mn)
 
Chapter 6 Company Profiles
6.1 Dow Agro Sciences LLC
6.2 Shijiazhuang Xingbai Bioengineering Co., Ltd
6.3 Hangzhou Tianlong Biotechnology Co Ltd
List of Tables
 
TABLE 1 Global Penoxsulam Market, Snapshot (2013 And 2020)
TABLE 2 Physical And Chemical Properties
TABLE 3 North America Penoxsulam Market Volume, By Crop Type, 2013 - 2020 (Tons)
TABLE 4 North America Penoxsulam Market Revenue, By Crop Type, 2013 - 2020 (US$ Mn)
TABLE 5 Europe Penoxsulam Market Volume By Crop Type, 2013 - 2020 (Tons)
TABLE 6 Europe Penoxsulam Market Revenue, By Crop Type, 2013 - 2020 (US$ Mn)
TABLE 7 Asia Pacific Penoxsulam Market Volume, By Crop Type, 2013 - 2020 (Tons)
TABLE 8 Asia Pacific Penoxsulam Market Revenue, By Crop Type, 2013 - 2020 (US$ Mn)
TABLE 9 Row Penoxsulam Market Volume, By Crop Type, 2013 - 2020 (Tons)
TABLE 10 Row Penoxsulam Market Revenue By Crop Type, 2013 - 2020 (US$ Mn)
List of Figures 
 
FIG. 1 Penoxsulam: Market Segmentation
FIG. 2 Global Penoxsulam Market Estimates And Forecast, 2013 - 2020, (Tons) (US$ Mn)
FIG. 3 Global Penoxsulam Market Volume Share, By crop type, 2013 And 2020
FIG. 4 Global Penoxsulam Market For Rice, 2013 - 2020 (Tons) (US$ Mn)
FIG. 5 Global Penoxsulam Market For Other Applications, 2013 - 2020 (Tons) (US$ Mn)
FIG. 6 Global Penoxsulam Market For Other Applications, 2013 - 2020 (Tons) (US$ Mn)
FIG. 7 Global Penoxsulam Market Volume Share, By Region, 2013 And 2020

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