Tembotrione Market
REPORT DESCRIPTION
Tembotrione Market for Corn and Other Applications - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020
Transparency Market Research has released a new market report titled “Tembotrione Market for Corn
and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020”. According to the report, the market was valued at US$ 21.7 Mn in 2013 and is anticipated to
reach US$ 51.2 Mn by 2020, expanding at a CAGR of 13.4% from 2013 to 2020. In terms of volume,
the global demand for tembotrione stood at 267.4 tons in 2013.
Launched in 2007, tembotrione is approved and registered with the U.S. Environment Protection
Agency (EPA) as well as the European Union (EU). It is said to contain low acute toxicity via dermal,
oral and inhalation routes. Global demand for tembotrione is estimated to rise in the near future, due
to increasing resistance in weeds, especially for herbicides such as glyphosate, dicamba and ALS
inhibitors. Tembotrione inhibits 4-hydroxyphenlypyruvate (HPPD), which causes a deficiency of these
prenylquinones in plant tissues. Tembotrione has been launched in most countries in the Americas
and Europe.
Browse The Full Report At: http://www.transparencymarketresearch.com/globaltembotrione-market.html
Recent approval by the European Union is expected to drive the tembotrione market in Europe
significantly. Additionally, the market for tembotrione has strong growth opportunities in corn
producing countries, especially in Asia Pacific. On the other hand, availability of a number of
substitutes coupled with the introduction of various new active ingredients every year may act as
threat to the tembotrione market during the forecast period.
Currently, corn is the only crop where tembotrione is used. Tembotrione formulations are used to
control broadleaf weeds in field and silage corn, seed corn, sweet corn and popcorn. The corn
application accounted for more than 90% share of the global tembotrione market in 2013.
Tembotrione, on a small scale, is used as a research commodity.
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