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Butachlor Market to Witness Robust Expansion by 2022 | Market Data Forecast

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Overview
Butachlor is an herbicide falling under the class of acetanilide. It is used as a selective pre-emergent herbicide used for the control of annual grasses and sure huge-leaved weeds in rice, both seeded and transplanted. It shows selectivity in barley, cotton, peanuts, sugar beet, wheat and several brassica crops.
Butachlor and pyrazosulfuron-ethyl are two new particularly active herbicides which have been substantially used to control an extensive variety of weeds in an array of crops. In recent years the market showed negligible growth as there is a prominent level of water toxicity associated with the usage of this herbicide.
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Key trends and restrains
The butachlor herbicide marketplace is growing due to escalating cereals demand for the raising global population and reducing arable land. However, elevating attention about the dangerous results of herbicides and other toxic agrochemicals, alongside stringent environmental guidelines are negatively affecting the market.  The loss of arable lands is the key driver probable to propel the demand for butachlor in the coming years. Alternatively, the rising preference for natural farming may emerge as a danger to the growth of the global butachlor marketplace in the coming years. Farmers across the world are beginning to opt for organic agriculture because of its benefits with regards to its ecological impact.
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Demographically
The market is segmented geographically into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Asia Pacific dominates the global market, with a share of around 32%.
Some of the key players dominating this market include 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.
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  • The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
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Butachlor Market to Witness Robust Expansion by 2022 | Market Data Forecast

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