Pinoxaden Market - Size, Share, Growth, Trends and Forecast 2014 – 2020

Pinoxaden Market - Size, Share, Growth, Trends and Forecast 2014 – 2020

  • Submitted By: MOHITTMR
  • Date Submitted: 11/06/2015 10:44 PM
  • Category: Business
  • Words: 753
  • Page: 4

Pinoxaden is a grass-weed herbicide, which inhibits the synthesis of membrane lipids. This results in desiccation of the target grass. Globally, it is used for against wheat and barley weeds such as Apera (bentgrass), Lolium (ryegrass), Alopecurus (blackgrass), Avena (wild oats), Phalaris (canary grass), Poa (meadowgrass) and Setaria (foxtails). Spring and winter wheat and barley are the major target crops across the globe. Pinoxaden is usually applied at a rate of 36-62 g a.i/hectare, depending upon the region and target grass species. It can be applied during early to late growth stages. Pinoxaden is primarily used along with safeners such as cloquintocet-mexyl and clodinafop-propargyl.

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Demand for pinoxaden is expected to rise in the near future due to growing need for higher yield of grains, led by increasing population, coupled with the subsequent need for supply of food. Globally, the loss of wheat and barley due to weeds stands at 20% to 40% on an average in a year. Thus, demand for pinoxaden is rising globally, as it acts as an excellent grass-weed control herbicide. However, high prices of pinoxaden are estimated to hamper market growth.

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The report includes market estimates and forecast of pinoxaden from 2013 to 2020 in terms of volume and revenue. The market has been forecast for the period between 2014 and 2020, considering 2013 as the base year. The market has been analyzed in terms of volumes in tons and revenue in US$ Mn. The global pinoxaden market has been further analyzed by crop segments into wheat and barley. The pinoxaden market has been analyzed based on expected demand. The market data for each segment is based on demand volumes and corresponding revenues. Prices considered for calculation of revenue are average...

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