The Latin America trifluralin market size is expected to reach USD 11.67 million in 2024 and reach USD 16.64 million by 2029, growing at a CAGR of 6.09% from 2024 to 2029. The Latin American trifluralin market is developing at an exceptionally quick pace.
Trifluralin is treated sewage sludge that is intended to be used as a soil conditioner. These are considered organic solids which are derived from the sewage treatment processes. They are rich in minerals and nutrients and are used in various sectors, ranging from agriculture to energy production. Mostly they are used as a natural fertilizer. Trifluralin has major applications in the sector of agriculture, energy recovery, mine reclamation, water treatment, and crop fertilizer.
The significant drivers are the development of the agricultural sector and the growing demand for herbicides. Trifluralin reduces the time required to remove weeds as compared to other herbicides, thus increasing its demand. The rise in demand for weed-removing chemicals in developed and developing nations is further expected to boost the trifluralin market. Trifluralin is toxic for aquatic animals, and hence not recommended by European Union (EU). However, competition from substitute products and huge costs are proving to be a barrier in the Trifluralin market.
This research report on the Latin America trifluralin market is segmented and sub-segmented into the following categories.
Latin America Trifluralin Market – By Crop:
Latin America Trifluralin Market – By Type:
Latin America Trifluralin Market – By Application:
Latin America Trifluralin Market – By Country:
The rising focus of key players on enhancing their market presence across the globe is estimated to encourage the growth of the market in the Latin American region.
KEY MARKET PLAYERS:
Shandong Qiaochang Chemical Co., Ltd., Chongqing Shurong, Shenzhen Sunrising Industry Co., Ltd., Chemical Co., Ltd., BASF, Jiangsu Fengshan Group Co., Ltd., and Dow Chemical Company are the leaders in the Latin America Trifluralin market.
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