Press release
Pendimethalin Market Set to Surge: Rising Herbicide Demand Fuels Global Growth Through 2030 | Leading key players - BASF SE, ADAMA, Rallis India Limited.
The Global Pendimethalin Market reached USD 421.5 million in 2022 and is expected to reach USD 572.4 million by 2030, growing with a CAGR of 3.9% during the forecast period 2024-2031.The latest Pendimethalin market research report from DataM Intelligence delivers a comprehensive analysis of the global Pendimethalin Market landscape, highlighting emerging trends, market size, competitive dynamics, and key growth drivers. This high-impact report offers strategic insights for investors, marketers, and decision-makers looking to capitalize on current and future market opportunities.
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The Pendimethalin Market refers to the global trade and production of pendimethalin, a pre-emergent herbicide widely used to control annual grasses and broadleaf weeds in crops like soybean, rice, wheat, and cotton. It plays a critical role in enhancing crop yields and agricultural productivity. Market growth is driven by rising food demand and the need for efficient weed management solutions.
Market Segments
By Type: 96 Percent Purity, 98 Percent Purity, Others.
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.
By Stage of Application: Pre-Plant, Pre-Emergency, Post-Emergency.
The Pendimethalin industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Prominent players in the Pendimethalin Market
The prominent players in Pendimethalin market research report are: BASF SE, ADAMA, Rallis India Limited, Zhejiang Xinnong Chemical Co., Ltd., Jiangsu Yongan Chemcial Co., Ltd., Rosi Chemical Co., Ltd., Zhejiang Heben Pesticide & Chemicals Co., Ltd., Finchimica S.p.A., Biesterfeld AG and UPL.
These companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry Developments of USA:
In July 2024, the U.S. EPA set new permissible tolerances for Pendimethalin residues on figs and dried figs. This regulatory update officially took effect on July 31, 2024, expanding legal residue thresholds to reflect evolving use patterns and dietary consumption-potentially impacting manufacturers, growers, and compliance monitoring efforts.
On December 23, 2024, the EPA approved a Section 24(c) SLN application for Stealth® Herbicide in Oregon. This ruling permits Pendimethalin use on perennial grass seed production, under SLN No. OR‐070026, with approval valid through December 31, 2027. The move addresses regional needs and offers local producers a targeted formulation.
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Regions Covered:
The global Pendimethalin Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What are the primary drivers fueling growth in the Pendimethalin Market today?
✒ Which companies are currently leading innovation and market share in the Pendimethalin Market?
✒ In what ways is the current regulatory environment influencing the Pendimethalin Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Pendimethalin Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the Pendimethalin Market?
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Email: Sai.k@datamintelligence.com
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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.
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