Pinoxaden Market is anticipated to reach US$ 862.2 million in 2020, e Pinoxaden Market - Global Industry Analysis, Size, | Page 2

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. Download or Get Free Research Report PDF on Pinoxaden Market : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4019 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 over the forecast period with the opportunity in the region rising to US$387.2 mn by 2020. Asia Pacific, however, is projected to present the most promising growth opportunities in the coming years on account of the high production of wheat in China and India. North America is also projected to exhibit strong demand for pinoxaden in the near future, owing to the increasing production of wheat and barley and the rising weed resistance of the existing herbicide products. Pinoxaden to Gain Significantly from its Rising Popularity as Highly Efficient Herbicide Transparency Market Research 2