Market Overview:
The global Ioxynil octanoate market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for Ioxynil octanoate from gramineous crops and broadleaf weeds, and the growing awareness about its benefits among farmers. However, factors such as stringent regulations on the use of pesticides and volatility in prices are restraining the growth of this market. On the basis of type, 95% TC is expected to account for a major share of the global Ioxynil octanoate market during 2018-2030. This segment is projected to grow at a CAGR of 3.7% during this period owing to its high efficacy against gramineous crops and broadleaf weeds.
Product Definition:
Ioxynil Octanoate is a synthetic, non-systemic herbicide used to control annual and perennial broadleaf weeds and grasses in forestry, residential, agricultural and industrial areas. Ioxynil Octanoate is important because it helps to control unwanted vegetation.
95% TC:
Ioxynil octanoate is a long-chain aliphatic amine used as an intermediate in the production of pesticides, herbicides, and insecticides. It is also used as a feed additive for poultry and livestock. 95% tetrahydrofuran (95% TC) is one such pesticide which has been developed by BASF SE.
98% TC:
98% tetrahydrofuran (98% THF) is a colorless, water-soluble, flammable organic liquid. It is used as an intermediate in the production of various chemicals and pharmaceuticals. 98% THF can be produced by two methods which are commonly used across the globe namely the Kugel method and microwave method.
Application Insights:
Gramineous crops accounted for the largest share of over 60.0% in 2017. Ioxynil octanoate is widely used in the cultivation of gramineous crops as it helps to control weed growth and enhance plant health by controlling soil diseases, improving soil fertility and stabilizing pH levels. The application of ioxynil octanoate enhances yield as well as quality of grains produced on a particular crop land, thereby increasing its demand from farmers across the globe.
Broadleaf weeds are expected to be one of the fastest-growing segments during the forecast period owing to rising awareness among farmers about weed management practices on their farmslands. Ioxynil is highly effective against broadleaf weeds such as docks, knotweed etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for ioxynil octanoate from key application sectors including agriculture, forestry and gardening. This can be attributed to rising awareness regarding its benefits among farmers across developing countries such as India and China.
The growing agricultural sector in these economies has led to an increase in demand for effective pesticides that are environmentally friendly, which is anticipated to drive product consumption over the coming years. Furthermore, favorable climatic conditions coupled with rapid urbanization have resulted in increased production of graminaceous crops such as maize and rice throughout Asia Pacific region since last few years which will further augment product consumption over the next eight years or so.
Growth Factors:
- Increasing demand from agriculture sector for better crop yield is expected to drive the growth of ioxynil octanoate market over the forecast period.
- Rising awareness about benefits of using ioxynil octanoate as a pesticide is projected to propel the demand for this product over the next few years.
- Growing application scope in food processing industry is anticipated to create new opportunities for ioxynil octanoate market in near future.
- Stringent regulations regarding use of synthetic pesticides are likely to boost adoption of ioxynil octanoate as a safer and environment-friendly alternative across various end-use industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ioxynil Octanoate Market Research Report
By Type
95% TC, 98% TC, Others
By Application
Gramineous Crop, Broadleaf Weeds, Others
By Companies
Junrui Biotech, Huijia Biotech, Jiangsu Heben Pesticide and Chemicals, FUJIFILM Wako Pure Chemical, Tianlong Biotechnology, Dongfeng Chem, Kingtai Chem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Ioxynil Octanoate Market Report Segments:
The global Ioxynil Octanoate market is segmented on the basis of:
Types
95% TC, 98% TC, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Gramineous Crop, Broadleaf Weeds, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Junrui Biotech
- Huijia Biotech
- Jiangsu Heben Pesticide and Chemicals
- FUJIFILM Wako Pure Chemical
- Tianlong Biotechnology
- Dongfeng Chem
- Kingtai Chem
Highlights of The Ioxynil Octanoate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 95% TC
- 98% TC
- Others
- By Application:
- Gramineous Crop
- Broadleaf Weeds
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ioxynil Octanoate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ioxynil octanoate is a synthetic opioid analgesic that was developed in the early 1990s. It is an opioid receptor agonist and has been shown to be effective as a pain reliever. Ioxynil octanoate is available as a generic medication and can be found in various over-the-counter products.
Some of the major companies in the ioxynil octanoate market are Junrui Biotech, Huijia Biotech, Jiangsu Heben Pesticide and Chemicals, FUJIFILM Wako Pure Chemical, Tianlong Biotechnology, Dongfeng Chem, Kingtai Chem.
The ioxynil octanoate market is expected to grow at a compound annual growth rate of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ioxynil Octanoate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Ioxynil Octanoate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ioxynil Octanoate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Ioxynil Octanoate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Ioxynil Octanoate Market Size & Forecast, 2018-2028 4.5.1 Ioxynil Octanoate Market Size and Y-o-Y Growth 4.5.2 Ioxynil Octanoate Market Absolute $ Opportunity
Chapter 5 Global Ioxynil Octanoate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ioxynil Octanoate Market Size Forecast by Type
5.2.1 95% TC
5.2.2 98% TC
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ioxynil Octanoate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ioxynil Octanoate Market Size Forecast by Applications
6.2.1 Gramineous Crop
6.2.2 Broadleaf Weeds
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ioxynil Octanoate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ioxynil Octanoate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ioxynil Octanoate Analysis and Forecast
9.1 Introduction
9.2 North America Ioxynil Octanoate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ioxynil Octanoate Market Size Forecast by Type
9.6.1 95% TC
9.6.2 98% TC
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ioxynil Octanoate Market Size Forecast by Applications
9.10.1 Gramineous Crop
9.10.2 Broadleaf Weeds
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ioxynil Octanoate Analysis and Forecast
10.1 Introduction
10.2 Europe Ioxynil Octanoate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ioxynil Octanoate Market Size Forecast by Type
10.6.1 95% TC
10.6.2 98% TC
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ioxynil Octanoate Market Size Forecast by Applications
10.10.1 Gramineous Crop
10.10.2 Broadleaf Weeds
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ioxynil Octanoate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ioxynil Octanoate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ioxynil Octanoate Market Size Forecast by Type
11.6.1 95% TC
11.6.2 98% TC
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ioxynil Octanoate Market Size Forecast by Applications
11.10.1 Gramineous Crop
11.10.2 Broadleaf Weeds
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ioxynil Octanoate Analysis and Forecast
12.1 Introduction
12.2 Latin America Ioxynil Octanoate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ioxynil Octanoate Market Size Forecast by Type
12.6.1 95% TC
12.6.2 98% TC
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ioxynil Octanoate Market Size Forecast by Applications
12.10.1 Gramineous Crop
12.10.2 Broadleaf Weeds
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ioxynil Octanoate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ioxynil Octanoate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ioxynil Octanoate Market Size Forecast by Type
13.6.1 95% TC
13.6.2 98% TC
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ioxynil Octanoate Market Size Forecast by Applications
13.10.1 Gramineous Crop
13.10.2 Broadleaf Weeds
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ioxynil Octanoate Market: Competitive Dashboard
14.2 Global Ioxynil Octanoate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Junrui Biotech
14.3.2 Huijia Biotech
14.3.3 Jiangsu Heben Pesticide and Chemicals
14.3.4 FUJIFILM Wako Pure Chemical
14.3.5 Tianlong Biotechnology
14.3.6 Dongfeng Chem
14.3.7 Kingtai Chem