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Transparency Market
Research
Global Penoxsulam Market- Industry Analysis, Size,
Share and Forecast 2014 – 2020
Published Date
16-Jan-2015
37 Page Report
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Press Release
Penoxsulam Market to Witness Highest Growth in Asia Pacific as Crop
Protection Industry Stirs Up Demand:TMR
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Penoxsulam Market
REPORT DESCRIPTION
Penoxsulam Market for Rice, Aquatics and Other Applications - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Transparency Market Research, in its latest report, forecasts that by 2020, the highest demand for
penoxsulam will come from the Asia Pacific region - a region where agrarian economies will see
increased consumption of the herbicide. In 2013 as well, the Asia Pacific region stood as the foremost
demand generator in the global penoxsulam market, creating about 55% of the global demand for the
herbicide. The report, titled ‘Penoxsulam Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2014 - 2020’, states that leading crop producers such as China, Bangladesh, India,
Vietnam, Thailand and Indonesia will consume large amounts of penoxsulam.
According to the website of the Statistics Division of the Food and Agriculture Organization of the
United Nations, in 2013, Asia accounted for about 90.6% of the total amount of rice and paddy
produced globally. The rice cultivation sector creates the highest demand (85%) for penoxsulam as
compared to other types of crops globally.
Browse The Full Report at: http://www.transparencymarketresearch.com/penoxsulammarket.html
The findings of the report state that the Rest of the World (RoW) region comes second only to the
market leader - Asia Pacific - in terms of demand. Analysts who created the report expect that the
RoW region will report a significant rate...