Press release
Nicosulfuron Market Insights: Formulation Breakthroughs & Demand Surge | Major Companies are Corteva, Zhejiang Rayfull Chemicals Co., Ltd., Jiangsu Kuaida Agrochemical Co., Ltd.
Global Nicosulfuron Market reached US$ 197.21 million in 2023 and is expected to reach US$ 276.19 million by 2031, growing with a CAGR of 4.3% during the forecast period 2024-2031.The Nicosulfuron Market takes center stage in DataM Intelligence's latest comprehensive research, where industry experts deliver cutting-edge analysis powered by robust data analytics and strategic market intelligence. This groundbreaking study dives deep into the competitive ecosystem, spotlighting market leaders and their innovative approaches to product development, competitive pricing models, financial performance, and expansion strategies. The research unveils critical market forces, competitive positioning, and breakthrough trends that will define the industry's trajectory in the coming years, providing stakeholders with actionable intelligence to navigate this rapidly evolving marketplace.
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Nicosulfuron is a selective systemic herbicide belonging to the sulfonylurea class. It inhibits acetolactate synthase (ALS), disrupting amino acid synthesis in weeds. Widely used post-emergence in crops such as maize (corn), sorghum, and sugarcane, it effectively controls broadleaf and grassy weeds with low application rates and strong crop selectivity.
Latest Trends:
China-led production & innovation:
Chinese manufacturers dominate global supply, contributing over 60% of global production, with significant investments in high-purity 95% TC formulations and expanded manufacturing capacities.
Formulation breakthroughs:
Newer 95% TC formulations feature improved foliar uptake (around 18% faster), longer residual control (up to 96 hours), and significant solvent reductions, enhancing both performance and environmental safety.
Drivers & market dynamics:
Market growth is driven by increasing demand for high-efficacy, low-environmental-impact herbicides, expanded agricultural land use, and growing adoption of integrated weed management strategies.
Nicosulfuron Market: Industry Giants and Emerging Leaders:
Corteva, Zhejiang Rayfull Chemicals Co., Ltd., Jiangsu Kuaida Agrochemical Co., Ltd., Jiangsu Fuding Chemical Co., Ltd., King Quenso, Zenith Crop Sciences, LGC Limited, Shanghai AgroRiver Chemical Co., Ltd., Merck KGaA, HEBEI ENGE BIOTECH CO., LTD.
Nicosulfuron Industry News:
In March 2021, Corteva Agriscience introduced the Inzen herbicide-tolerant trait, offering grain sorghum growers an additional option for controlling excessive grass. Exclusive to Pioneer brand sorghum hybrids, Inzen is a non-transgenic trait that allows for the post-emergence application of Zest WDG herbicide, an ALS-inhibitor herbicide containing nicosulfuron as its active ingredient. This herbicide effectively suppresses annual grasses such as panicum, foxtail, barnyard grass, and shattercane.
Research Methodology
Our comprehensive research approach leverages a dual-methodology framework that seamlessly integrates qualitative insights with quantitative data analysis to deliver robust market intelligence. The process begins with extensive secondary research, where we meticulously collect information from authoritative industry publications, proprietary databases, and verified market sources. This foundation is strengthened through targeted primary research initiatives, including strategic surveys and in-depth interviews with industry veterans, market experts, and key stakeholders.
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Segment Covered in the Nicosulfuron Market:
By Method: Amide Method, Niacin Method, Others
By Form: Liquid, Granule, Others
By Application: Corn, Rice, Others
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Top-down and bottom-up approach for regional analysis
Regional Analysis for Nicosulfuron Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Nicosulfuron market?
➠ Who are the global key manufacturers of the Nicosulfuron Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Nicosulfuron market opportunities and threats faced by the vendors in the global Nicosulfuron Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Nicosulfuron market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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Market Dynamics:
Focus on Weed Management
Effective weed control is imperative for farmers worldwide to maximize crop yields. Nicosulfuron's broad-spectrum herbicidal properties offer a solution, aiding in selective weed management while preserving crop integrity.
Growing Demand to Improve Crop Yields
With the global population expected to reach 9.1 billion by 2050, enhancing crop productivity is crucial. Nicosulfuron plays a vital role in optimizing yields by combating weed competition, thereby safeguarding agricultural output.
Regulatory Constraints
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