The Pyroxasulfone Market is driven by rise in agricultural sector
The Pyroxasulfone market has been gaining significant momentum over the past few years owing to growing demand for herbicides and increasing application of pyroxasulfone in cereals and grains. Pyroxasulfone is an amide herbicide developed by Kumiai Chemical Industry. Its common use is for controlling grasses and annual broadleaf weeds in various agricultural crops like soybeans, corn, wheat, barley. Pyroxasulfone acts as a root growth inhibitor by blocking lipid synthesis. It exhibits selectivity in cereal crops and has low toxicity for mammals. The herbicide also possesses low risk of surface water contamination due to its low solubility and high soil adsorption.
The Global Pyroxasulfone Market is estimated to be valued at US$ 318.53 Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Pyroxasulfone market are Aha! Labs, Betterworks, BirdDogHR, Javelo, Peopleflunet, Qilo Technologies, Qunatum Workplace, Workteam, Wrike, Inc. and Others. These players are focusing on developing advanced pyrethroids and bio-pesticides to expand their product portfolio.
The growing demand for food owing to the rising population globally has increased agricultural outputs. Pyroxasulfone Market Demand is widely used on various crops like wheat, barley, soybean, and corn to control weeds and increase crop yield. This is fueling the growth of the pyroxasulfone market.
The pyroxasulfone market is expanding globally with rising sales across major countries of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The increasing acceptance of integrated pest management solutions and growing trade of agricultural products are promoting the consumption of pyroxasulfone in international markets.
Market drivers
The increasing cultivation of cereal crops for food and feed applications is a major driver for the pyroxasulfone market. Cereals are one of the primary food crops globally and pyroxasulfone herbicide provides effective weed management in various cereal crops. Moreover, the growing demand for higher agricultural productivity and limited availability of arable land is further accelerating the adoption of pyroxasulfone herbicide worldwide.
Gets More Insights on: Pyroxasulfone Market
English
Arabic
Français
Español
Português
Deutsch
Türkçe
Dutch
Russian
Romaian