Weed Control Crop Technologies Boosting Growth of Metolachlor Market 

Global Metolachlor Market: Demand Analysis and Growth Forecast

Consistently increasing global population coupled with the demand for food influence the growth of crop yields. According to Foodaidfoundation, approximately 795 million people in the world are undernourished, which translates into about one in nine people on earth. This void strokes the need to increment yield from available arable land as well as protect the crops. Herbicides play a key role in weed control of food and feed crops such as corn, soybeans, and sorghum. Metolachlor is an odorless liquid herbicide of chloroacetanilide family and a derivative of aniline, which consists of four stereoisomers. It is a reliable way to deliver higher yields and maximize the quality of plants and seeds, reflecting IndustryARC report’s projections of a profitable progression in the metolachlor market during the forecast period of 2018-2023.

Global Metolachlor Market: Drivers and Restraints

Multiple formulations of metolachlor are possible to meet diverse market needs

Majority of the unmet food demand resides in developing countries, thus the demand for metolachlor is increasing in weed management across these territories

Rapid growth in the agriculture industry owing to the demand for fruits and vegetables from urban parts of the world is adding further impetus to the market

Prohibition to the usage of the chemical in greenhouses and toxicological effects of metolachlor are somewhat restraining the market growth

Global Metolachlor Market: Leading Segments

The metolachlor market can be segmented based on formation and application. Based on the formation, the market can be segmented into concentrate emulsifiable formulation and granular formation. On the basis of application, the market can be bifurcated into herbicide, desiccant, defoliant, plant growth regulator, and others.

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Global Metolachlor Market: Competitive Landscape

Shandong Binnong Technology Ltd, Syngenta AG, Bayer CropScience, FMC Corporation, and Shanghai TenglongAgrochem Co. Ltd. Are some of the notable companies operating in this market. Among these companies, Syngenta AG is one of leading agriculture-focused company, offering S-Metolachlor, a leading herbicide in various brands such as ACURON, DUAL GOLD, and LUMAX. These herbicides are majorly used to control weeds in corn and soybean crops.

Conclusion

Metolachlor is an herbicide, which acts as a pesticide for some crops. It is majorly applicable in the agricultural industry to produce higher yields with quality products. Rising demand for food is impacting the growth of metolachlor market.

What can you expect from the report?

The Report is Prepared with the Main Agenda to Cover the following 20 points:

Metolachlor Market Size by Product Categories

Metolachlor Market trends

Manufacturer Landscape

Distributor Landscape

Pricing Analysis

Top 10 End user Analysis

Product Benchmarking

Product Developments

Merges & Acquisition Analysis

Patent Analysis

Demand Analysis ( By Revenue & Volume )

Country-level Analysis (10+)

Competitor Analysis

Metolachlor Market Shares Analysis

Value Chain Analysis

Supply Chain Analysis

Strategic Analysis

Current & Future Market Landscape Analysis

Opportunity Analysis

Revenue and Volume Analysis

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