Asia Pacific Isoxaflutole Market was worth USD 28.43 million in 2021 and estimated to be growing at a CAGR of 6.76%, to reach USD 32.73 million by 2026. Isoxaflutole is a chemical which is used in the agrochemical industry to enhance the growth of plants. The major plants on which this chemical is used are sugarcane and maize. It is also used on food crops such as apple, peach, almond etc.
Isoxaflutole primarily acts as a growth catalyst in the growth of plants like maize, sugarcane, apple and peach. The active component in the compound quickly gets metabolized in the soil and starts acting on the plants. It is considered as one among the prominent and efficient sources for biofuel. As a result of rising prices of oil, the demand for sugarcane is increasing in the market, which indirectly resulted in growth of this chemical. As a lot of corn is produced in regions like USA and China, the demand for Isoxaflutole is on the rise.
Asia Pacific Isoxaflutole Market Driver:
The Asia Pacific Isoxaflutole market is driven by factors such as growing demand for food especially in developing regions, rising investment in research and development, rising soy and corn plantations and rising importance for quality among others. However, the market is constrained by factors like lack of awareness about phytotoxicity of Isoxaflutole.
Asia Pacific Isoxaflutole Market – By Crops:
Sugarcane is expected to dominate this segment.
Asia Pacific Isoxaflutole Market – By End Users:
Agriculture sector has the largest share in this segment.
The Asia Pacific Isoxaflutole market is divided based on geography into
Asia Pacific has the third largest market for isoxaflutole globally and is the fastest growing region in the world. Factors such as rising demand for food and increasing investment in research and development is expected to drive the market growth in the region.
Some of the major players in the market include DuPont, CropScience, Santa Cruz Biotechnology Ltd., Wanko Chemical Co. Ltd., and Chemos GmbH.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.6 Y-o-Y Growth Analysis, By Crops
5.1.7 Market Attractiveness Analysis, By Crops
5.1.8 Market Share Analysis, By Crops
5.2 End Users
5.2.3 Other End Users
5.2.4 Y-o-Y Growth Analysis, By End Users
5.2.5 Market Attractiveness Analysis, By End Users
5.2.6 Market Share Analysis, By End Users
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
188.8.131.52 By Crops
184.108.40.206 By End Users
6.1.4 Market Attractiveness Analysis
220.127.116.11 By Crops
18.104.22.168 By End Users
6.1.5 Market Share Analysis
22.214.171.124 By Crops
126.96.36.199 By End Users
6.5 South Korea
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.3 Santa Cruz Biotechnology Ltd.
8.4 Wanko Chemical Co. Ltd.
8.5 Chemos GmbH
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
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