The Middle-East and Africa pinoxaden market size is expected to reach USD 67.63 million in 2024 and reach USD 119.72 million by 2029, growing at a CAGR of 12.1% from 2024 to 2029.
The market is currently showing substantial potential for growth during the mentioned period. It will continue to grow in size because of the recent developments in the Agricultural sector. Pinoxaden is an herbicide that attacks many weed species ranging from wild oats to black grass and canary grass. It was discovered in recent years by a Swiss company called Syngenta AG. The increasing importance being paid to herbicides has led to the development of research activities in the agrochemicals field. Pinoxaden is used against weeds in many common cereal crops and it is highly effective to cure cereal crops like wheat and barley. Pinoxaden is generally used along with either cloquintocet-mexyl or clodinafop-propargyl.
The Middle East and Africa pinoxaden market growth is driven by factors like increasing population, developing economy, and rising food demand. However, factors like risks associated with manually applying pinoxadens and firm government regulations in certain areas are preventing the growth of this market in the Middle East and Africa.
Wheat crops almost owned more than half of the revenue generated by Middle-East and Africa pinoxaden market as of 2016 and are expected to persist being the leading crop segment during the forecast period.
On the basis of geography the Middle-East and Africa pinoxaden market is segmented into and analyzed under the regions Middle-East and Africa. The Middle East and Africa have many emerging economies that will experience a lot of development in the Pinoxadens market, thus propelling the market growth.
Syngenta Crop Protection AG, Agchem Access, Sigma Aldrich, Haihang Industry Co. Ltd, Simagchem, Advanced Technology & Co. Ltd, Hebei Duoke Chemical Technology Co. Ltd. Thse are the market players that are dominate the Middle East And Africa pinoxaden market.
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