Clomazone Market - Forecast(2022 - 2027)

Report Code: CMR 18575 Report Format: PDF + Excel

Clomazone Market Overview

Clomazone Market is forecast to grow at a CAGR of 2.5% during 2021-2026. Clomazone controls many annual agricultural herbicides such as broadleaved and grass weeds in soybean, cotton, rice, sugarcane, tobacco, peppers, and pumpkin. It belongs to the chemical group isoxazole, has a broad control spectrum, when applied in pre-emergence or early post-emergence of monocotyledonous and eudicotyledonous species of weeds. 

So, with the rise in agricultural sector, the demand for herbicides will also grow, hence the clomazone market is witnessing an increase in demand. Whereas growing public interest towards farming as a business will further enhance the overall market demand for clomazone during the forecast period.

COVID 19 Impact

The global agricultural sector continues to be challenged by the lockdowns, logistical disturbances, reduced productions, and associated economic impacts of COVID-19. The global fertilizer and pesticides demand has been affected since the arrival of coronavirus. The outbreak of coronavirus had the most critical impact across the agriculture sector, affecting the movement of both micronutrients products and raw materials in and out of the country. Moreover, this pandemic is also expected to hit the agriculture industry in the U.S., Brazil, India, and EU-5 countries. So, with the decline in agricultural sector the clomazone market is expected to face few hurdles.

Report Coverage

The report: “Clomazone Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Clomazone Market.
By Formulations - Liquid Suspensions, Emulsifiable Concentrates, Wettable Powders, Others
By Application - Grains (Wheat, Rice, Oats, Cereals and others), Fruits(Winter Squash, pears, plums, Others), Vegetables (Peas, Beans, Carrots and Potatoes), Others.
By Geography – North America (U.S., Canada, and Mexico), Europe (U.K., Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, ANZ, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America) and RoW (Middle East and Africa).

Key Takeaways

  • Asia-Pacific dominates the clomazone market owing to increasing demand for herbicides in the agricultural sector.
  • The growing agricultural sector, is likely to aid in the market growth of Clomazone.
  • Implementation of stringent government regulations related to agricultural growth will increase the market demand for clomazone in the near future.
  • Negative impacts of herbicides on the soil, will create hurdles for the clomazone market.

Figure: Asia Pacific Clomazone Market Revenue, 2020-2026 (US$ Million/Billion)
Clomazone Market

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Clomazone Market Segment Analysis – By Formulations

Liquid suspension has a significant growth in the clomazone market in the year 2020 and is expected to grow at a CAGR of 2.1% during the forecast period. Herbicides is a key element in killing the unwanted plants. The formulation of an herbicide refers to the material it is carried in or on, and its concentration in that carrier. Every herbicide product is a combination of active ingredients and inert ingredients. 

In products that are labeled as flowable (F or L), or aqueous suspensions (AS), the herbicide is bound to very small particles that are suspended in a water base. They pour very smoothly, and will readily mix with water. They form suspensions in the spray solution and can settle out if not continuously agitated. After mixing, these products should be used or drained from the tank before allowing them to set for an extended time.

Clomazone Market Segment Analysis - By Application

Grains has been the primary segment for clomazone in the year 2020 and is expected to grow at a CAGR of 2.8% during the forecast period. Wheat and Rice are a main food in numerous countries around the world. Rice consumption provides more calories than any other single food, serving daily as a source of carbohydrate, proteins, lipids, vitamins, and minerals. Clomazone is a relatively recent herbicide in rice, with commercialization occurring at the beginning. 

This herbicide is metabolized to the 5-keto form of clomazone. The 5-keto form, which is the active herbicide, inhibits 1-deoxy-D-xylulose 5-phosphate synthase, a key component to plastid isoprenoid synthesis.

Clomazone Market Segment Analysis – By Geography

APAC has dominated the clomazone Market in the year 2020 and is expected to grow at a CAGR of 3.2% during the forecast period. In Asia Pacific, especially India and China, are the fastest growing markets for clomazone owing to the growing agriculture sector in these regions. However, at the same time the falling ratio of arable land to population is a major concern for these economies. Majority of world’s crop protection is lost to pests and weed. 

Clomazone helps to reduce the crops losses by eliminating weed and ensuring stability in food prices. According to the “Indian Brand Equity Foundation”, during 2019-20 crop year, food grain production was estimated to reach a record 295.67 million tonnes (MT). In 2020-21, Government of India is targeting food grain production of 298 MT. So, with the growing agriculture sector in this region the clomazone demand will also grow.

Clomazone Market Drivers

Increasing Usage for Fertilizers & Pesticides

Clomazone is a selective herbicide with both contact and residual activity. Clomazone is used for the control of annual broad leaf weeds and grasses. Clomazone is used on major crops such as oilseed rape, cotton, tobacco, soybeans, rice and sugar cane and vegetables such as peas, beans, carrots and potatoes. Clomazone works after being absorbed through the roots and emerging shoots of the target weeds. The mode of action of clomazone includes the disruption of the synthesis of both chlorophyll and carotenes which protect chlorophyll from sunlight. This results in chlorosis of the target plants and death due to energy depletion. So, as pesticides are very useful in farming thus, it is expected to drive the market for clomazone.

Implementation of Governments Regulations

Governments globally are focusing on boosting their agriculture sector. Whereas Governments regulations such as Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) by Indian Government will help to grow the agriculture sector. Under the Scheme an income support of Rs.6000/- per year is provided to all farmer families across the country in three equal installments of Rs.2000/- each every four months, which will financially help the farmers let them focus more towards farming. And with the growth of agricultural sector, the clomazone market will also grow.

Clomazone Market Challenges

Negative impact of Herbicides

Persistent herbicides can remain active in the environment for long periods of time, potentially causing soil and water contamination and adverse effects to nontarget organisms. In some cases, compounds that result from herbicide degradation may continue to be significantly toxic in the environment. This has worked as a constraint for the clomazone market.

Clomazone Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Clomazone market. In 2020, the market of Clomazone has been consolidated by the top five players accounting for xx% of the share. Major players in the Clomazone Market are Bessen Chemical Ltd, Dow Agrosciences Llc, E. I. Du Pont De Nemours And Company, Fmc Corporation, Makhteshim Agan Industry Ltd, Shanghai Bosman Industrial Co , Ltd, Syngenta Limited, Willowood Usa, Zhejiang Heben Pesticide Chemical Co , Ltd, among others.

Acquisitions/Technology Launches

  • In August 2020, Syngenta Seeds completes acquisition of Sensako. Sensako is a leading South African R&D seeds company with a strong wheat market position.

Relevant Reports

Report Code: CMR 41723

Report Code: CMR 0042

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1. Clomazone Market- Market Overview
    1.1 Definitions and Scope
2. Clomazone Market - Executive Summary
    2.1 Key Trends by Formulations
    2.2 Key Trends by Application
    2.3 Key Trends by Geography
3. Clomazone Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Clomazone Market - Startup companies Scenario Premium io Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Clomazone Market – Industry Market Entry Scenario Premium io Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Clomazone Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Clomazone Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Clomazone Market – By Formulations (Market Size -$Million/Billion)
    8.1 Liquid Suspensions
    8.2 Emulsifiable Concentrates
    8.3 Wettable Powders
    8.4 Others
9. Clomazone Market – By Application (Market Size -$Million/Billion)
    9.1 Grains
        9.1.1 Wheat
        9.1.2 Rice
        9.1.3 Oats
        9.1.4 Cereals
        9.1.5 Others
    9.2 Fruits
        9.2.1 Winter Squash
        9.2.2 Pears
        9.2.3 Plums
        9.2.4 Others
    9.3 Vegetables
        9.3.1 Peas
        9.3.2 Beans
        9.3.3 Carrots
        9.3.4 Potatoes
        9.3.5 Others
    9.4 Others
10. Clomazone Market - By Geography (Market Size -$Million/Billion)
    10.1 North America
        10.1.1 U.S
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 UK
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Netherland
        10.2.6 Spain
        10.2.7 Russia
        10.2.8 Belgium
        10.2.9 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 India
        10.3.4 South Korea
        10.3.5 Australia and New Zealand
        10.3.6 Indonesia
        10.3.7 Taiwan
        10.3.8 Malaysia
        10.3.9 Rest of APAC
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Colombia
        10.4.4 Chile
        10.4.5 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 U.A.E
            10.5.1.3 Israel
            10.5.1.4 Rest of the Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of Africa
11. Clomazone Market – Entropy
    11.1 New Product Launches
    11.2 M&As, Collaborations, JVs and Partnerships
12. Clomazone Market – Market Share Analysis Premium
    12.1 Market Share at Global Level - Major companies
    12.2 Market Share by Key Region - Major companies
    12.3 Market Share by Key Country - Major companies
    12.4 Market Share by Key Application - Major companies
    12.5 Market Share by Key Product Type/Product category - Major companies
13. Clomazone Market – Key Company List by Country Premium Premium
14. Clomazone Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

List of Tables

1 US Clomazone Market Size 2018
2 Canada Clomazone Market Share 2018
3 Brazil Clomazone Market Outlook 2019 - 2023
4 Mexico Clomazone Market Research 2018
5 Germany Clomazone Market Trends 2019 - 2023 
6 France Clomazone Market Growth 2019 - 2023 
7 UK Clomazone Market Demand 2019 - 2023 
8 Italy Clomazone Market Segmentation 2018
9 Russia Clomazone Market Analysis 2019 - 2023
10 China Clomazone Market Revenue 2019 - 2023
11 Japan Clomazone Market Volume 2019 - 2023
12 South Korea Clomazone Market Potential 2019 - 2023
13 India Clomazone Market Leaders 2018
14 Saudi Arabia Clomazone Market Forecast 2019 - 2023 
15 Kuwait Clomazone Market Value 2018

List of Figures

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