Metolachlor Market: By Formation (Concentrate Emulsifiable Formulation, and Granular Formation), By Application (Herbicide, Desiccant, Defoliant, Plant Growth Regulator, and Others) & By Region-Forecast (2016-2021)
Dec 15 2016
Metolachlor was synthesized by Ciba-Geigy Limited in 1972 and was registered in 1977. Metolachlor is a colorless and odourless liquid organic compound belonging to the family of the chloroacetanilide herbicide chemicals. Metolachlor is derived through condensation of 2-ethyl-6-methylaniline with methoxyacetone and is applied through ground application for the entire agricultural site, however it is also applied through aerial, chemigation and irrigation methods. It is typically used as herbicide in treatment of weeds in crops including corn, soybeans and sorghum. Globally, development of efficient and advance technology, rising agriculture industry primarily owing to increasing need of vegetables and fresh fruits, growing need for herbicides, and advantageous properties of metolachlor are the prime growth drivers of global metolachlor market. In addition, increase in adoption of metolachlor for application in newer industrial vertical, and emerging economies such as China, India and others, will create new opportunities for global metolachlor market. However, volatile prices and availability of raw materials, availability of substitute compounds, potential toxicity of metolachlor, and stringent government regulations are the key restraints for global metolachlor market.
Geographically Asia Pacific dominated global metolachlor market and is projected to have fastest growth, owing to rapidly increasing need for higher yield and for fulfilling the increasing food demand, and escalating population in developing nations such as China, and India in this region. In addition, developed regions the demand for metolachlor will grow marginally, owing to their growing demand for crop yield from available cultivable land. Among all the applications, herbicide segment has the highest market share in global metolachlor market.
This report identifies the global metolachlor market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global metolachlor market.
This report segments global metolachlor market on the basis of formation, application, and regional market as follows:
- Metolachlor Market, By Formation: Concentrate Emulsifiable Formulation, and Granular Formation
- The report has focused study on metolachlor market by basis of application such as: Herbicide, Desiccant, Defoliant, Plant Growth Regulator, and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the metolachlor market. Some of the major companies’ profiles in detail are as follows:
- Shandong Binnong Technology Ltd
- Syngenta AG
- Bayer CropScience
- FMC Corporation
- Shanghai Tenglong Agrochem Co. Ltd.
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