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Global Forchlorfenuron Market Expected to Witness a Sustainable Growth over 2023
Forchlorfenuron is a new plant growth regulator registered for use on grapes raisins, and kiwifruit. Forchlorfenuron is a phenyl urea compound. Forchloefenuron is a cytokinin, which improves fruit size, fruit set, cluster weight and cold storage in grapes and kiwifruits.
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Global Forchlorfenuron Market: Forecast by Type / Application / Region
Currently, there are some companies in the world can produce Forchlorfenuron product, mainly concentrate in China. The main market players are AlzChem, Anyang Quanfeng Biological, Zhengzhou Zhuoyue, Yinhai Chemical, Zhongke Chemical etc. The production of Forchlorfenuron increased from 7776 Kg in 2012 to 9742 Kg in 2016, at a CAGR of more than 5.8%. Global Forchlorfenuron capacity utilization rate remained at around 51.86% in 2016.
In consumption market, the growth rate of global consumption is smooth relatively. China and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
According to Forchlorfenuron contain, it can be mainly classified into three types: 99%， 98% and others. It can be widely used in many industries. Survey results showed that 76.70% of the Forchlorfenuron market is Kiwi, 12.18% % is Grapes, 5.94% is c Watermelon uses industry. With the development of economy, these industries will need more Forchlorfenuron. So, Forchlorfenuron has a huge market potential in the future.
The major raw material for Forchlorfenuron is Phenyl isocyanate, 4-Amino-2-chloropyridine, etc. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of Forchlorfenuron industry.
Over the next five years, LPI(LP Information) projects that Forchlorfenuron will register a 3.2% CAGR in terms of revenue, reach US$ 3 million by 2023, from US$ 3 million in 2017.
Global Forchlorfenuron Market: Key Players
AlzChem
Anyang Quanfeng Biological
Zhengzhou Zhuoyue
Yinhai Chemical
Zhongke Chemical
Cheng Ming
Yinhe Chemical
Xinglian
Henan Door Chemical
Runtong
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Related Information:
United States Forchlorfenuron Market Research Report 2018
Europe Forchlorfenuron Market Research Report 2018
North America Forchlorfenuron Market Research Report 2018
Asia-Pacific Forchlorfenuron Market Research Report 2018
China Forchlorfenuron Market Research Report 2018
EMEA Forchlorfenuron Market Research Report 2018
Global Forchlorfenuron Market Research Report 2018
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Forchlorfenuron is a new plant growth regulator registered…
