Transparency Market
Research
Pinoxaden Market for Wheat and Barley - Global
Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020
Published Date
27-Jan-2015
30 Page Report
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Press Release
Global Pinoxaden Market: Wheat Crops to Emerge Leading
Consumer of Pinoxaden, Says TMR
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Pinoxaden Market
REPORT DESCRIPTION
Pinoxaden Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
With the presence of a few key players, such as Syngenta AG and Hebei Duoke Chemicals, in the overall
landscape, the global pinoxaden market exhibits a highly concentrated structure, finds a research study by
Transparency Market Research (TMR). Currently, Syngenta owns the patent for pinoxaden; however, it will
expire in 2020, after which, small-scale companies and new entrants may gain momentum in this market.
As per TMR’s estimations, the global market for pinoxaden will increase in value at a CAGR of 12.30%
between 2014 and 2020 and reach an opportunity of US$0.8 bn by the end of the forecast period. Due to the
high demand for wheat, pinoxaden witnesses a greater application in wheat crops. By 2020, wheat crops are
likely to hold a share of nearly 82% of the overall demand for pinoxaden.
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Demand for Pinoxaden to Remain Strong in Europe
The report has identified Europe, Asia Pacific, North America, and the Rest of the World as the main
geographical segments of the global pinoxaden market. According to the study, Europe has been leading the
demand for pinoxaden, thanks to a high yield of wheat and barley. The region is anticipated to continue its
leading streak...