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Asia Pacific Butachlor Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Application (Rice Crop, Wheat Crop, Barley And Others) And By Country (India, China, Japan, South Korea, Australia, New Zealand, Malaysia, Vietnam, Philippines, Indonesia, Singapore, Rest of APAC) - Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 5679
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia Pacific Butachlor Market Size (2024 to 2029)

Asia Pacific butachlor market is expected to be reach USD 4.82 million in 2024 and reach USD 6.60 million by 2029, estimated to be growing at a CAGR of 6.5%, from 2024 to 2029.

Butachlor is mainly used in control of the growth of grass weeds and broadleaf weeds. It is generally applied before the emergence of weed to curb its growth. It checks the formation of protein synthesis in grasses and weeds and thereby restricting their growth. It is an amber liquid, insoluble in water but soluble in most of the organic solvents.

Factors like the limitation of arable lands, increasing number of invasive species, increasing resistance to existing herbicides, and increasing practice of integrated vegetation management are the primary drivers for the growth of the market. However, factors like the toxic effects of butachlor and its carcinogenic nature towards humans and animals are restricting the growth of the market.

This research report on the Asia Pacific butachlor market is segmented and sub-segmented into the following categories.

Asia Pacific Butachlor Market – By Application:

  • Rice Crop
  • Wheat Crop
  • Barley
  • Others

Asia Pacific Butachlor Market – By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Based on geographical analysis, the market is divided into regions such as China, India, Japan, South Korea, and Australia. China holds the major share in the market due to the high consumption of butachlor in the major food crops as well as the presence of market leaders. India is the fastest-growing region due to the increasing adoption rate and increasing demand for effective herbicides. Based on application, Rice crops, and barley crops hold the major share in the market due to rice crops being a staple food source in many Asian countries and barley being a major ingredient in the beverage industry.

KEY MARKET PLAYERS:

Some of the key players dominating this market include Shanghai Tenglong Agrochemical Co. Ltd., Monsanto, Shanghai Mingdou Agrochemical Co. Ltd., Syngenta AG, SinoHarvest Corporation, Dow AgroSciences, Bayer CropScience, Zhejiang Rayfull Chemicals, Nantong Jiangshan Agrochemical & Chemicals Co. Ltd., Qingfeng Agro-chemical, Binnong Technology, and Green Land.

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FAQ's

What are the major growth drivers for the Butachlor Market in Asia Pacific?

Key drivers include the need for effective weed control in rice paddies, increasing adoption of herbicides to improve agricultural productivity, and the expansion of the farming sector to meet growing food demand due to population growth.

How has the COVID-19 pandemic impacted the Butachlor Market in Asia Pacific?

The pandemic initially disrupted supply chains and agricultural activities, affecting the availability and distribution of Butachlor. However, the essential nature of herbicides for food production led to resilient demand in the long term.

Are there specific market segments driving the growth of Butachlor in Asia Pacific?

The agricultural sector, particularly rice farming, is the primary market segment driving the growth of Butachlor in Asia Pacific. However, increasing adoption in other crops and non-agricultural applications like weed control in water bodies also contribute to market expansion.

What are the key distribution channels for Butachlor in Asia Pacific?

Distribution channels include agrochemical retailers, wholesalers, cooperatives, and online platforms. In rural areas, where access to conventional retail outlets may be limited, direct sales and community-based distribution networks play a significant role.

How do pest and weed resistance affect Butachlor usage in Asia Pacific?

Pest and weed resistance to Butachlor and other herbicides pose challenges to effective weed control strategies in the Asia Pacific. Integrated pest management approaches, rotation of herbicides, and the development of resistant crop varieties are strategies to address this issue.

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