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Global Oxyfluorfen Market
Global Oxyfluorfen Market , Oxyfluorfen is also known as 2-Chloro-1-(3-ethoxy-4-nitrophenoxy)-4-(trifluoromethyl) benzene or a diphenyl-ether herbicide used for broad-spectrum post and pre-emergent control of grassy weeds and annual broadleafs such as in vine, tree fruit, nut, and field crops. Some of the common names of oxyfluorfen include Galligan, Oxygold, and RH-2915. The Oxyfluorfen has the largest market in the agricultural industry they are majorly used as an active ingredient such as in almonds and grapes. They are also majorly adopted in forestry, non-agricultural ornamental to control weeds in driveways, landscapes, patios, and similar areas in residential area sites. Oxyfluorfen products are available in emulsifiable concentrate and granular formulations.
The global agricultural market is expected to reach an xx% market share by 2027. Economies developments, increasing consumer’s awareness towards the protection of crop, increasing governments & FDI investments in the agricultural sector are the keys driving the market growth. Technological advancement in biotechnology and shift in farming practices ...
... are the other factors that are showing Northward trends towards the market growth of oxyfluorfen during the coming years.
However, the market growth may hamper by the factors such as, there is development in some weed species that are resistant to Oxyfluorfen also, inhalation of toxic chemicals causes low acute oral, dermal and alteration in blood parameters in the liver and anemia. In addition, Oxyfluorfen is classified as a possible human carcinogen based on combined hepatocellular adenomas/carcinomas in the mouse carcinogenicity.
The global oxyfluorfen market is anticipated to hit xx US $XX million by 2027. The report covers the in-depth analysis of market key players with their market share, primary and secondary forecast data analysis to 2027. The rationals behind the Covid-19 impact on various regions are mentioned in the report. The report focuses on market drivers and restrain, forecasting of the oxyfluorfen market, and concentrate on present opportunities in this sector. The global Oxyfluorfen market is growing in developing economies because of favorable government policies and market penetration of manufacturers, dealers, and suppliers of the Oxyfluorfen market.
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Global Oxyfluorfen Market
The herbicides segment holds the largest market share of xx% in 2019 and is growing at a CAGR of xx% during the forecast period.
By application, the herbicides segment is projected to witness rapid growth with a CAGR of xx% during the forecast period. Extensive usages of oxyfluorfen in the agricultural sector across the globe, rising adoption of tending a lawn or home garden, and consumer awareness towards weeds also, products that are economically friendly to the environment has fueled the market growth.
Global Oxyfluorfen Market 1
Asia pacific was dominant in 2019 with a market share of xx% and expected to grow at a CAGR of xx% during the forecast period.
The Asia Pacific market is anticipated to be the fastest-growing market with a CAGR of xx% during the forecast period. In countries like India and China, with the growing populations, rapid urbanizations and shift in farming have to upsurge the market growth. The government has taken key initiatives by taking various agricultural programs to reduce crop losses by eliminating weed and pests which is further contributing the market growth. The crop losses due to insect pests were US$ 36 billion annually in 2018 and the total loss of food grains is around 1.3 billion tonnes per year according to the Food and Agricultural Organisation (FAO) of the United Nations (UN). Climate change makes pests hungrier as the warmer climate will increase the metabolic rate of insects making them devour more crops this has led to the adoption of oxyfluorfen.
North America is growth with a market share of xx% by 2019-2027
The market in North America is expected to grow at a CAGR of xx% during the forecast period. Increasing demand for cheaper herbicides, more effectiveness, and substitute of hand weeding in crop yielding or growing has fuelled the market growth. Extensive research & development in biological, physiological, and synthetic research of products to reduce the life of living organisms and to provide a better environment profile have made a positive impact on the market.
The objective of the report is to present a comprehensive analysis of the global Oxyfluorfen market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global Oxyfluorfen market dynamics, structure by analyzing the market segments and project global Oxyfluorfen market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global Oxyfluorfen market make the report investor’s guide.
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