The global azimsulfuron market size is expected to reach USD 2.50 billion in 2024 and reach USD 3.35 billion by 2029, growing at a CAGR of 6% from 2024 to 2029.
Azimsulfuron is a chemical compound belongs to the family of sulfonylureas. It is a post-emergence herbicide that is an inhibitor of enzyme acetolactate synthase in the broad-leaved and sedge weeds in paddy fields and other crops. Azimsulfuron is highly soluble in water and semi-volatile. It has low mammalian toxicity but has high potential for bioaccumulation.
Azimsulfuron is quite stable in hydrolysis and photolysis. It is mainly used in rice cultivation and has no adverse health effects identified for humans. It has no mutagenic, carcinogenic, or reprotoxic effects on mammals, but it is toxic to some aquatic organisms, especially green algae. It is also harmful to butterflies, earthworms, and birds. In Europe, it is added to the list of authorized active substances, and application from the air is not permitted.
The primary factors driving the growth of the azimsulfuron market are growing awareness for improving agricultural productivity and a rise in health conciseness. Also, increasing population, availability of arable land and expansion of farmlands, product innovations and technology advancements, rise in disposable income, adaptable temperature conditions, and increase in rice demand are secondary factors driving the growth of the market. However, stringent regulations, high toxicity, several environmental health hazards, and high-cost manufacturing equipment are restraining the growth of the market.
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2023 to 2029 |
|
Base Year |
2023 |
|
Forecast Period |
2024 to 2029 |
|
CAGR |
6% |
|
Segments Covered |
By Product, Application, and Region. |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
DuPont, Jiangsu Fengdeng Pesticide, Bayer Crop Science AG, Dow AgroSciences, Amvac Chemical Corporation, Jiangxi Anlida Chemical, Royal Agro, Wenzhou FJ Chemical, Jiangsu Agrochem Laboratory and Others. |
Cereals and grains have the largest market in terms of revenue owing to the high demand of rice due to the rise in population.
Asia-Pacific, Africa, and Latin American countries have the largest market due to the emerging economies, availability of large cultivation land, increasing population and disposable income. North America has the fastest growth rate due to the demand for herbicides and technology advancements.
DuPont, Jiangsu Fengdeng Pesticide, Bayer Crop Science AG, Dow AgroSciences, Amvac Chemical Corporation, Jiangxi Anlida Chemical, Royal Agro, Wenzhou FJ Chemical, Jiangsu Agrochem Laboratory. Some of the market players dominate the global azimsulfuron market.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region