San Francisco, California, August 16, 2017: The skyrocketing demand for food, leading to faster growth of crops directs toward a positive forecast for the global trifluralin market growth. TMR Research predicts a healthy market ascent, owing to the extensive requirement of weed inhibitors worldwide. The industry is anticipated to expedite on account of the several crops that the usage of triflularin is paired with, in order to enhance their yield. The report, “Trifluralin Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” authored by the market research company, foretells a substantial boost to the international market in the near future, as a primary consequence of expeditious crop growth demands.
Despite the ban on triflularin usage by the European Union, owing to its considerable toxicity, the international market for triflularin is speculated to foresee a considerable advance. The defoliant eliminates the stand by time between two consecutive plantations, traditionally during which the standard process of tilling is practiced for weed removal. Adopting the use of triflularin as a weedicide reduces time and labor, leading to cost effectiveness. These highly lucrative benefits of the herbicide are expected to effortlessly overcome the slight restraints of the trifluralin industry. Triflularin is essentially non-lethal to humans and birds in minor amounts. With its high solubility in water, it can form strong bonds with soil effortlessly. Consequently, vendors are expected to have recourse to the market opportunities of the world triflularin market.
The developed regions, for example the U.S. and Australia, demonstrate highly favorable conditions for the triflularin industry. With emphasis on use of latest technologies in farming and agriculture results in high demand for brisk crop growth, and as a result, means to achieve yield at accelerated speeds. Thus, developed regions will act as an impetus to triflularin manufacture. On the other hand, China, as a developing region is tackling regulatory matters, hindering the manufacture of the herbicide. Overwrought with shortage of the incendiary chemicals that are vital to triflularin production, China is witnessing inflated prices for the same. However, the development of new contracts and agencies encouraging lower costs can be foreseen to rise, due to its reasonable agricultural advantages.
The forecast period, 2017 to 2025, predicts key players to improve their presence across different geographical locations. The international market is expected to stay fragmented during the forecast period. The Dow Chemical Company’s TREFLAN HFP, TREFLAN TR-10, ADVANCE 10G, TREFLAN NF, and HERITAGE, which are their marked trade banners are anticipated to manufacture at even larger scales. Jiangsu Fengshan Group Co., Ltd., Shandong Qiaochang Chemical Co., Ltd., Chongqing Shurong Chemical Co., Ltd., BASF, and the Shenzen Shurong Chemical Co., Ltd., among others, are predicted to be the substantial market revenue contributors.
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