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Europe Propanil Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Product, Application, And By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 5928
Pages: 145
Formats: report pdf report excel report power bi report ppt

Europe Propanil Market Size (2024 to 2029):

The European propanil market is expected to reach USD 5.11 billion in 2024 and reach USD 7.03 billion by 2029, growing at a CAGR of 6.6% from 2024 to 2029. 

Propanil is a chemical substance known for its use as an herbicide, particularly on paddy crops. Propanil is a contact herbicide that is usually applied to the plant parts and foliage above the ground. Propanil also acts as a selective herbicide, which causes no damage to rice but may damage other crops or plants. It is a compound that helps to neutralize and inhibit the growth of unwanted weeds in paddy fields. The main application of propanil is as an herbicide, competing with chemicals such as thiobencarb, butachlor, and 2,4-D, among others. It is generally applied in the form of an aqueous suspension or spray. Propanil functions by inhibiting the growth of weeds, which decreases the quality of rice crops. Propanil acts by building up a toxic substance inside the weeds, which eventually terminates the plant.

Europe Propanil Market Drivers:

The pharmaceutical market is a part of the herbicide market, and its growth dynamics are connected to the growth of the herbicides market. Herbicides are in high demand in the agriculture sector, as it is essential to save crops from fungal infections, which often stunt and weaken the growth of crops. The application of herbicides to crops ensures higher yields by neutralizing the threat posed by the growth of weeds. The primary driver of the herbicide market is the demand for higher food production amidst the growing European population.

The main crop which accounts for the larger part of propanil use is paddy. Rice crops have experienced high demand growth with a growing population. In order to meet the high demand, farmers across the world have adopted various methods to increase profitability and yield. Higher use of propanil is one of the many measures which is undertaken to improve food yield and quality. However, in some cases, it can destroy paddy. Propanil is toxic in nature, however the extent of precaution required to prevent environmental toxification is yet to be ascertained. Prolonged dermal exposure leads to irritation of the skin.

This research report on the Europe Propanil Market is segmented and sub-segmented into the following categories:

Europe Propanil Market - By Product:

  • propanil technical toxicant
  • propanil preparation

Europe Propanil Market - By Application:

  • paddy
  • redroot amaranth
  • crabgrass
  • barn grass
  • other applications

Paddy is expected to have the largest share in this segment. 

Europe Propanil Market – By Country:

  • UK 
  • France 
  • Spain 
  • Germany 
  • Italy 
  • Russia 
  • Sweden 
  • Denmark 
  • Switzerland 
  • Netherlands 
  • Turkey 
  • Czech Republic 
  • Rest of Europe

Europe has the third largest market for propanil in the world by share. Factors such as rising demand in the agricultural sector and growing population are expected to drive market growth in the region.

KEY MARKET PLAYERS:

SinoHarvest, Bayer CropScience, Kenvos Biotech Co. Ltd, Willwood USA, Westrade Guatemala S.A. These are major market drivers that are dominating the Europe propanil market.

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