Pinoxaden Market Is Anticipated to Reach Us$ 862.2 Million in 2020, Expanding at a Cagr of 12.3% by 2020.

Transparency Market

Research

Pinoxaden Market for Wheat and Barley - Global

Industry Analysis, Size, Share, Growth, Trends and

Forecast 2014 - 2020

Published Date

27-Jan-2015

30 Page Report

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Press Release

Global Pinoxaden Market: Wheat Crops to Emerge Leading

Consumer of Pinoxaden, Says TMR

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Pinoxaden Market

REPORT DESCRIPTION

Pinoxaden Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

With the presence of a few key players, such as Syngenta AG and Hebei Duoke Chemicals, in the overall

landscape, the global pinoxaden market exhibits a highly concentrated structure, finds a research study by

Transparency Market Research (TMR). Currently, Syngenta owns the patent for pinoxaden; however, it will

expire in 2020, after which, small-scale companies and new entrants may gain momentum in this market.

As per TMR’s estimations, the global market for pinoxaden will increase in value at a CAGR of 12.30%

between 2014 and 2020 and reach an opportunity of US$0.8 bn by the end of the forecast period. Due to the

high demand for wheat, pinoxaden witnesses a greater application in wheat crops. By 2020, wheat crops are

likely to hold a share of nearly 82% of the overall demand for pinoxaden.

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Demand for Pinoxaden to Remain Strong in Europe

The report has identified Europe, Asia Pacific, North America, and the Rest of the World as the main

geographical segments of the global pinoxaden market. According to the study, Europe has been leading the

demand for pinoxaden, thanks to a high yield of wheat and barley. The region is anticipated to continue its

leading streak over the forecast period with the opportunity...