Market Overview:
The global sulfoxaflor market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for sulfoxaflor from rice, cotton and other applications. North America dominates the global sulfoxaflor market, followed by Europe, Asia Pacific, Latin America and Middle East & Africa. On the basis of type, 22% suspending agent segment is expected to account for a major share of the global sulfoxaflor market during the forecast period. This segment is projected to register highest CAGR over 2018-2030 owing to its growing demand from various end-use industries such as rice and cotton. 25% suspending agent segment held second largest share in 2017 and it is anticipated that this trend would continue throughout the forecast period on account of its growing application in rice cultivation across different geographies.
Product Definition:
Sulfoxaflor is a new type of insecticide that belongs to the class of neonicotinoid. It is effective against sucking and chewing insects, such as aphids, whiteflies, leafhoppers and beetles.
22% Suspending Agent:
22% Suspending agent is a yellowish-greenish viscous liquid with a characteristic odor. It has high viscosity due to the presence of organic bases such as lignosulfonates and sulfate. 22% suspension agent is used in the processing of sulfuric acid, which contains gypsum as an additive for improving its efficiency in treating hard rock deposits.
25% Suspending Agent:
25% Suspending agent is a solution of sodium sulfite and acetic acid. It has wide range of applications in the chemical industry as it can be used to prevent sedimentation or flocculation of particles in solutions, suspensions, and emulsions. This agent also helps to maintain viscosity during the reaction process which makes it suitable for use in sulfuric acid production too.
Application Insights:
Rice application accounted for the largest volume share of over 40% in 2017. The rice industry in Asia Pacific is growing at a rapid pace on account of increasing population, which is expected to propel demand for pesticides, including sulfoxaflor. Furthermore, stringent regulations aimed at protecting the environment and natural resources are likely to increase product demand.
Cotton emerged as the second-largest segment and was valued over USD 100 million in 2017 due to high demand from India and China where cotton textile industries are booming rapidly. Sulfuric acid esters such as di- or trisulfide derivatives are majorly used for treating seeds before planting them in order to prevent fungal infection caused by seed rot fungi that attackseedlings especially during moist weather conditions when fungal growth is maximal.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. Asia Pacific has been a major rice producing region since ancient times, with countries such as India, China, Bangladesh and Myanmar accounting for more than 50% of global rice production. The region is also one of the largest consumers of textile fibers owing to low manufacturing cost coupled with high demand from various end-use industries.
The growth in these application segments can be attributed to rising awareness regarding sustainable agriculture practices along with increasing foreign direct investments by companies such as Cargill Inc., Jain Irrigations Systems Limited (JISL) and NAFILEAN SUSPENDERS LLC among others. These factors are anticipated to drive product demand over the next eight years.
Growth Factors:
- Increasing demand for sulfoxaflor in agriculture sector as a result of its better efficacy against target pests as compared to other available insecticides.
- Rising awareness about the benefits of sulfoxaflor among farmers and agriculturists, which is likely to fuel the demand for the product over the forecast period.
- Growing adoption of sulfoxaflor by major crop producing countries due to its better performance in controlling various pests affecting crops.
- Introduction of innovative formulations and products by key players, which is expected to propel the growth of sulfoxaflor market over the next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Sulfoxaflor Market Research Report
By Type
22% Suspending Agent, 25% Suspending Agent, Other
By Application
Rice, Cotton, Other
By Companies
Dow, Furun
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Sulfoxaflor Market Report Segments:
The global Sulfoxaflor market is segmented on the basis of:
Types
22% Suspending Agent, 25% Suspending Agent, Other
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
Rice, Cotton, Other
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:
- Dow
- Furun
Highlights of The Sulfoxaflor 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:
- 22% Suspending Agent
- 25% Suspending Agent
- Other
- By Application:
- Rice
- Cotton
- Other
- 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 Sulfoxaflor 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Sulfoxaflor is a pesticide used to control pests in crops. It is a selective herbicide that kills broadleaf plants but has little or no effect on grasses or other small plants.
Some of the major players in the sulfoxaflor market are Dow, Furun.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sulfoxaflor 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 Sulfoxaflor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sulfoxaflor 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 Sulfoxaflor 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 Sulfoxaflor Market Size & Forecast, 2020-2028
4.5.1 Sulfoxaflor Market Size and Y-o-Y Growth
4.5.2 Sulfoxaflor Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 22% Suspending Agent
5.2.2 25% Suspending Agent
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Rice
6.2.2 Cotton
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sulfoxaflor 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 Sulfoxaflor 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 22% Suspending Agent
9.6.2 25% Suspending Agent
9.6.3 Other
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 Market Size Forecast by Applications
9.10.1 Rice
9.10.2 Cotton
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 22% Suspending Agent
10.6.2 25% Suspending Agent
10.6.3 Other
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 Market Size Forecast by Applications
10.10.1 Rice
10.10.2 Cotton
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 22% Suspending Agent
11.6.2 25% Suspending Agent
11.6.3 Other
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 Market Size Forecast by Applications
11.10.1 Rice
11.10.2 Cotton
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 22% Suspending Agent
12.6.2 25% Suspending Agent
12.6.3 Other
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 Market Size Forecast by Applications
12.10.1 Rice
12.10.2 Cotton
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 22% Suspending Agent
13.6.2 25% Suspending Agent
13.6.3 Other
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) Market Size Forecast by Applications
13.10.1 Rice
13.10.2 Cotton
13.10.3 Other
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 Sulfoxaflor Market: Competitive Dashboard
14.2 Global Sulfoxaflor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow
14.3.2 Furun
