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Global Propanil Market By Product (Propanil Technical Toxicant And Propanil Preparation), By Application (Paddy, Redroot Amaranth, Crab Grass, Barn Grass And Other Applications) And By Region (Global Industry Analysis, Size, Share, Growth, Trends, And Forecast | 2022 to 2027.

Published: March, 2023
ID: 5926
Pages: 175
Formats: report pdf report excel report power bi report ppt

Propanil Market Size & Growth:

Propanil Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026. Propanil is a chemical substance, known for its use as herbicide, particularly on paddy crop. Propanil is a contact herbicide that is usually applied to the plant parts and foliage above the ground.

Propanil also acts as a selective herbicide, which causes no damage to rice but may damage other crops or plants. It is a compound that helps to neutralize and inhibit the growth of unwanted weed in paddy fields. The main application for propanil is herbicide, where it competes with chemicals such as thiobencarb, butachlor, and 2,4-D among others. It is generally applied in the form of an aqueous suspension or spray. Propanil functions by inhibiting the growth of weeds, which decreases the quality of the rice crop. Propanil acts by building up a toxic substance inside the weeds, which eventually terminates the plant.

Propanil Market Drivers:

The propanil market is a part of the herbicide market and its growth dynamics are connected to the growth of the herbicides market. Herbicides are in high demand in the agriculture sector, as it is essential to save crops from fungal infections, which often stunt and weaken the growth of crops. The application of herbicides of crops ensures higher yield by neutralizing the threat which is posed by the growth of weeds. The primary driver of the herbicide market is the demand for higher food production amidst a growing population. The main crop which accounts for the larger part of propanil use is paddy. Rice crop has experienced high demand growth with a growing population. In order to meet the high demand, farmers across the world have adopted various methods to increase profitability and yield. Higher use of propanil is one of the many measures which is undertaken to improve food yield and quality. However, in some cases it can destroy paddy. Propanil is toxic in nature, however, the extent of precaution required to prevent environmental toxification is yet to be ascertained. Prolonged dermal exposure leads to irritation on the skin.

PROPANIL MARKET  REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

xx%

Segments Covered

By Product, Application and Region.

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

SinoHarvest,Bayer CropScience,Kenvos Biotech Co. Ltd,Willwood USA,Westrade Guatemala S.A and Others.

 

 

Propanil Market Segmentation:

Propanil Market - By Product:

  • propanil technical toxicant

  • propanil preparation

Propanil Market - By Application:

  • paddy
  • redroot amaranth
  • crabgrass
  • barn grass
  • other applications

Propanil Market – By Regions:

  • North America
  • Latin America
  • Asia-Pacific
  • Middle East
  • Africa and Europe

The Asia Pacific has the leading market for Propanil in the world, which is followed by North America and Europe regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period. China is the largest producer and consumer of propanil in the world by country.

Key Players:

  • SinoHarvest
  • Bayer CropScience
  • Kenvos Biotech Co. Ltd
  • Willwood USA
  • Westrade Guatemala S.A

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