Butachlor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Butachlor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description

Butachlor is an herbicide of the acetanilide class, primarily used to control the growth of grass weeds and broadleaf weeds. It is generally applied prior to the emergence of weed. It checks the formation of protein synthesis in grasses and weeds, thereby stopping them from further growth. The molecular formula of butachlor is C17H26CINO2, and it is an amber liquid, insoluble in water but soluble in most of the organic solvents. Its boiling point is 196°C and its density ranges between 1.059-1.07 below 25°C. The liquid is chemically stable under room temperature, but can get decomposed quickly under the influence of a strong acid, or get degraded by soil. Butachlor can be applied to a wide range of crops including rice, wheat, barley, cotton, corn, onion, chilies, and sugar beet. It is commonly used in paddy fields in many parts of Asia Pacific such as Taiwan and in South-east Asian countries, mostly for rice farming. Asia Pacific contributes significantly to the global butachlor market. Butachlor, however, is highly toxic and may prove to be a reason for several health and environmental hazards. The toxicity of butachlor can be reduced using ample quantity of water with it when it is applied, which is a key requirement in paddy fields. Nevertheless, it remains a concern for its users, as most of the countries in Asia Pacific face scarcity of water. Rise in awareness about the harmful effects of butachlor in Asia Pacific is anticipated to hamper the growth of market in the near future. Furthermore, stringent policies and rules for environmental protection are expected to restrain the growth of the butachlor market. Nonetheless, Asia Pacific and the agrarian countries in the region, such as India, Indonesia, and China contribute significantly to the butachlor market. High growth of population of these countries is responsible for propelling the demand of food grains, which in turn drives the growth of the butachlor market in the region. 

Based on application, the butachlor market can be segmented into rice crop, wheat crop, barely, and others. The butachlor market at present is dominated by the rice crop segment, especially in Asia Pacific, and is anticipated to retain its position during the forecast period.

In terms of geography, the butachlor market can be divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Asia Pacific is projected to lead the butachlor market during the forecast period, due to high consumption of butachlor in the major agrarian countries such as China, India, Indonesia, Vietnam, etc. North America follows Asia Pacific in the consumption of butachlor. Furthermore, Brazil and some of the countries in South Africa are among the key contributors to the butachlor market. However, stringent government policies in North America and Europe regarding the use of butachlor is expected to restrain the growth of market during the forecast period.

Major players operating in the butachlor market are Shanghai Tenglong Agrochemical Co. Ltd., Monsanto, Shanghai Mingdou Agrochemical Co. Ltd., Syngenta AG, SinoHarvest Corporation, Dow AgroSciences, Bayer CropScience, Zhejiang Rayfull Chemicals, Nantong Jiangshan Agrochemical & Chemicals Co. Ltd., Qingfeng Agro-chemical, Binnong Technology, and Green Land.

The butachlor market is projected to offer lucrative opportunities, especially in Asia Pacific, due to the growth of population in the region, which gives rise to the demand for increased food production. However, the threats posed by the usage of butachlor to human health and environment remain a major concern.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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