Flumioxazin Market: 2024 Global Type, Application, Trends, Demand Service, Share, Industry Size, Growth, Region, Opportunities and Forecast to 2031 | Sumitomo Chemical, Lier Chemical Co., Ltd., Yifan Bio-tech Group Co., Ltd.

DataM Intelligence has published a new research report on "Flumioxazin Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Flumioxazin market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

Flumioxazin is primarily used in the cultivation of sugar cane, cotton, and soybeans, offering long-lasting weed suppression and promoting early crop growth. Its demand is driven by its effectiveness against glyphosate-resistant weeds, which are prevalent globally.

The rising demand for flumioxazin is linked to the increasing land dedicated to soybean farming. According to the Soybean Processors Association of India, soybean production in India rose by 7.18% in 2021-2022, reaching 11.2 million metric tons.

Latur, a key agricultural hub in India, ranks second in soybean production area, following Ujjain in Madhya Pradesh, with soybean farming occupying over 55% of the district's cultivated land, as reported by the Tata-Cornell Institute for Agriculture and Nutrition on May 1, 2023.

Key Developments:

On November 25, 2021, Rotam, a leader in crop protection solutions, announced the launch of JOYA, a versatile herbicide containing 51% Flumioxazin. JOYA is designed for effective weed management across various sectors, including aquatics, greenhouses, roadside areas, turf, and lawns.

On January 20, 2020, Yifan Biotechnology Group registered the herbicide Flumioxazin 480g/l SC, marketed as AGILESHOT™ and known as SUQU in China. This registration facilitates annual weed management in soybean fields, with the registration certificate number PD20200042.

Additionally, on August 24, 2021, Rainbow Agro reported that 50 Technical Equivalences have been certified since its funding initiative began in the European Union (EU) in 2016. This milestone marks significant progress in establishing Rainbow's One-stop Pesticide Technical Supply Platform for the EU market, with Flumioxazin included among the recognized Technical Equivalences.

Forecast Growth Projected:

The Global Flumioxazin Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Flumioxazin Market:

Sumitomo Chemical, Lier Chemical Co., Ltd., Yifan Bio-tech Group Co., Ltd., Beijing Yingtai Jiahe Biotechnology Co., Ltd., Rainbow Agro, Shandong Binnong Technology Co., Ltd., Shandong CYNDA (Group) Co., Ltd., Hebei Enge Biotech Co., Ltd, Albaugh, LLC. And RedEagle International, LLC

Segment Covered in the Flumioxazin Market:

By Type: Technical Material, Single Preparation, Compound Preparation

By Formulation: Water Dispersible Granules (WG), Wettable Powder (WP), Emulsifiable Concentrate (EC), Suspension Concentrate (SC), Soluble Liquid Concentrate (SL), Others

By Crop: Cereals & Grains, Fruits & Vegetables, Others

By Distribution Channel: E-Commerce, Specialty Stores, Hypermarket/Supermarket, Others

Regional Analysis:

The global Flumioxazin Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Flumioxazin Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Flumioxazin Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Flumioxazin manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Flumioxazin in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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FAQs

How big is the Flumioxazin Market?

The Flumioxazin Market size was USD 537.1 Million in 2023. It is expected to reach USD 1222.9 Million in 2031.

How fast is the Flumioxazin Market growing?

The Flumioxazin Market will exhibit a CAGR of 10.8% during the forecast period, 2024-2031.

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