Europe Pinoxaden Market

Europe Pinoxaden Market Size (2024 to 2029)

The Europe pinoxaden market size is expected to reach USD 456.31 million in 2024 and reach USD 825.95 million by 2029, growing at a CAGR of 12.6% from 2024 to 2029. 

The market is exhibiting high growth potential in the mentioned period. It will continue to expand with the recent developments in Agricultural sector.Pinoxaden is a selective herbicide that was discovered lately by a Swiss company called Syngenta AG.

The role of providing protection to the crops from weeds has resulted in companies paying more attention to research in the agrochemicals field, which is expected to drive the pinoxaden market growth. Pinoxaden is used against weeds in many cereal crops, and it is very efficient for cereal crops like wheat and barley as it stops the growth of many weed species ranging from wild oats to black grass and canary grass, which are responsible for reducing the yield of these cereal crops. Pinoxaden is usually used along with a complimentary substance, which is either cloquintocet-mexyl or clodinafop-propargyl.

Majorly, the Europe pinoxaden market growth is propelled by growing weed resistance of the current herbicide products and rising consumption of barley and wheat. Moreover, the growing need for high-yield crops to fulfill the demands of a growing population and rising levels of awareness are also some factors that drive the pinoxaden market growth. The major factors restraining this market are risks associated with their manual usage and stringent government regulations in certain areas.

This research report on the Europe pinoxaden market is segmented and sub-segmented into the following categories.

Europe Pinoxaden Market Analysis By Crop

• Wheat
• Barley

Wheat crops almost owned more than half of the revenue generated by the Europe pinoxaden market as of 2016 and are expected to persist being the leading crop segment during the forecast period. 

COUNTRY ANALYSIS

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

On the basis of geography the Europe pinoxaden market is segmented into and analyzed under the regions Germany, France, U.K, Spain and Italy. Germany, France, and Russia are the nations that lead barley production in the world.

KEY PLAYERS IN THE EUROPE PINOXADEN MARKET

Syngenta Crop Protection AG, Agchem Access, Sigma Aldrich, Haihang Industry Co. Ltd, Simagchem, Advanced Technology & Co. Ltd, Hebei Duoke Chemical Technology Co. Ltd. These are some market players that are dominate the Europe pinoxaden market.