Metolachlor Market - Positive Long-Term Growth Outlook 2023
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Metolachlor was synthesized by Ciba-Geigy Limited in 1972 and was registered in 1977. Metolachlor is manufactured through condensation of 2-ethyl-6-methylaniline with methoxyacetone. Metolachlor is a colorless and odorless liquid at room temperature. Metolachlor is generally applied through ground application for the entire agricultural site; however, aerial, chemigation and irrigation methods are also used commonly. Metolachlor is majorly available in concentrate emulsifiable formulation and granular formation. Metolachlor is typically used in treatment of weeds in crops including corn, soybeans and sorghum. Metolachlor is also commonly used on lawns and turf, ornamental plants, trees, shrubs and vines, fencerows and hedgerows for controlling weeds. Considering, wide array of application areas especially in crops, metolachlor market is anticipated to increase in the next six years. Additionally, metolachlor is also used with Atrazine for controlling many important weeds and grasses without the problem of carryover of herbicides affecting succeeding crops. However, practice limitations prohibit usage of metolachlor in greenhouses or other enclosed structures or loamy sand soils, to trees or vines that will bear harvestable fruit within a period of one year. The toxicity of metolachlor prohibits the grazing livestock for a month’s duration on application of metolachlor over the grass fields. The potential toxicity of metolachlor is likely to act as restraint to metolachlor market in the next six years.
The growth of agriculture industry primarily due to rising need of vegetables and fresh fruits is expected to act as a major driver for metolachlor in Asia Pacific region which is anticipated to be the fastest growing market for metolachlor. Additionally, the demand for metolachlor is expected to remain high in the countries such as China and India due to escalating need for higher yield and for fulfilling the increasing food demand from the constantly rising population. In September 2014, Shandong Binnong Technology Ltd. promoted production of metolachlor for treatment of various weeds on garlic fields, thereby increasing the yield of garlic nearly by 15% to 20%. Furthermore, the developed regions are also expected to be the major market for metolachlor, owing to their increased demand for crop yield from available cultivable land. In addition to typical agricultural crops, metolachlor also finds application in treatment for several weeds on ornamental plants, shrubs and vines. Thus the wide array of applications is projected to drive the metolachlor market across the globe in the next six years.
Some of the key manufacturers of metolachlor are Shandong Binnong Technology Ltd. Syngenta AG, Bayer CropScience , FMC Corporation and Shanghai Tenglong Agrochem Co. Ltd.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
Middle East and Africa
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market projections for upcoming years
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