Summary

Overview
Global Sulfentrazone Market reached US$ 1.21 billion in 2023 and is expected to reach US$ 1.94 billion by 2031, growing with a CAGR of 6.1% during the forecast period 2024-2031.
Sulfentrazone, a broad-spectrum herbicide, is witnessing several key trends driving its market growth. Firstly, the rising demand for effective weed control solutions in agriculture is a significant factor. As weed resistance to traditional herbicides increases, farmers are turning to alternatives like sulfentrazone to manage difficult-to-control weeds effectively.
Moreover, advancements in formulation technologies are enhancing the efficacy and safety profile of sulfentrazone products, further driving market growth. In January 2020, FMC launched Authority Edge herbicide, a new preplant and preemergence herbicide. This exclusive herbicide has an ideal sulfentrazone-to-pyroxasulfone ratio. This provides extremely effective weed control with flexible use rates to work with other in-season residual programs that farmers are utilizing.
The crop segment holds the largest market share in the global Sulfentrazone market, reflecting its significance in agricultural applications. Asia-Pacific emerges as the dominant region in the Sulfentrazone market, driven by extensive agricultural activities and increasing demand for herbicides in the region.
Dynamics
Rising Demand for Weed Control
Weeds pose a significant threat to crop yields by competing with cultivated plants for nutrients, water, and sunlight. According to the MDPI, Multidisciplinary Digital Publishing Institute About 1800 weed species reduce plant productivity globally by 31.5%, resulting in annual economic losses of USD 32 billion. Hence, effective weed control is essential to optimize crop productivity and ensure food security.
Sulfentrazone, as an herbicide, plays a crucial role in addressing this challenge. It is highly effective against a broad spectrum of broadleaf weeds and certain grasses, making it a preferred choice for farmers across various crops such as soybeans, peanuts, cotton, and vegetables. The versatility of sulfentrazone in controlling weeds in different agricultural settings contributes to its growing popularity among farmers seeking reliable weed management solutions.
Growing Awareness about the Benefits of Sulfentrazone
Sulfentrazone is a herbicide widely used in agriculture, horticulture, and turf management for weed control. One of the primary drivers behind its increasing adoption is its effectiveness in controlling a broad spectrum of weeds. As farmers and landscapers seek efficient solutions to weed management, the versatility of sulfentrazone makes it an attractive option.
Due to the growing awareness about these benefits of sulfentrazone, manufacturers are investing in research and development to create new formulations of sulfentrazone that offer improved efficacy, ease of application, and environmental sustainability. January 2021, Hemani Group declared that its production facility for sulfentrazone Technical will become operational in September 2021. The 200 MT monthly capacity plant is located at the latest developed GIDC site at Sayakha, Dist.Bharuch
Regulatory Restrictions
Regulatory restrictions pose a significant constraint on the growth of the sulfentrazone market, primarily due to increasing scrutiny and stringent regulations surrounding pesticide usage and environmental safety. Government agencies worldwide impose strict guidelines and approval processes for the registration, sale, and usage of herbicides like sulfentrazone. Changes in regulatory standards, such as limitations on permissible residue levels in food crops or environmental impact assessments, can lead to delays in product approvals or even bans on certain chemical compounds.
These restrictions not only limit market access for sulfentrazone manufacturers but also require extensive compliance efforts and investments in research and development to meet evolving regulatory requirements. Additionally, regulatory uncertainties and the complexity of navigating compliance procedures can create barriers to entry for new market players and discourage investment in sulfentrazone innovation, thereby impeding market growth.
Segment Analysis
The global sulfentrazone market is segmented based on formulation, type, application, distribution channel, and region.
Increasing Demand for Broad-Spectrum Weed Control Efficacy Across Various Crops.
The application of sulfentrazone in crop protection has emerged as a significant driver of market growth, owing to its widespread adoption and effectiveness in weed management across various crops. Sulfentrazone exhibits broad-spectrum activity against a wide range of annual and perennial weeds, making it a versatile herbicide for controlling challenging weed species that compete with crops for nutrients, water, and sunlight. Its efficacy in controlling both emerged weeds and weeds at various growth stages provides farmers with flexibility in weed management strategies, contributing to its popularity across diverse crop types.
The consistent demand for sulfentrazone-based herbicides in crop protection reflects its indispensable role in ensuring weed-free fields and maximizing crop productivity, thereby driving sustained market growth in the agricultural sector. In March 2022, UPL, launched Preview 2.1 SC herbicide, a new preemergence weed-control product for soybean growers. Preview is a concentrated liquid herbicide that can be applied as a fall burndown residue or in pre-emerge applications. It is a premix containing sulfentrazone and metribuzin (Group 5).
Geographical Penetration
Increasing Adoption of Advanced Farming Techniques in Asia-Pacific
The region's extensive agricultural activities, coupled with the rising demand for high-quality crops, drive the need for effective herbicides like sulfentrazone. According to the Indian Council of Agricultural Research, Weeds are the reason for the greatest loss of crops (33%) in India. According to estimates, weeds cost arable crops an estimated $11 million per year in economic losses. As countries in Asia-Pacific continue to modernize and intensify their agricultural practices, there's a growing emphasis on maximizing crop yields and controlling weed infestations, thereby boosting the demand for herbicides.
Additionally, the increasing adoption of advanced farming techniques, such as precision agriculture and integrated weed management, further contributes to the demand for sulfentrazone as an efficient weed control solution. Moreover, the expanding population in Asia-Pacific necessitates higher agricultural productivity to ensure food security, which fuels the demand for herbicides to maintain crop health and yield.
COVID-19 Impact Analysis
Initially, the market experienced disruptions in the supply chain due to lockdown measures, travel restrictions, and logistical challenges. This led to delays in the transportation of raw materials and finished products, affecting production schedules and inventory levels. Additionally, temporary closures of manufacturing facilities and labor shortages further hampered the availability of sulfentrazone products.
Moreover, the pandemic caused uncertainty among farmers, leading to reduced purchasing and adoption of agricultural inputs, including herbicides like sulfentrazone. Economic uncertainties and decreased farm incomes also contributed to cautious spending in the agricultural sector. However, as the pandemic progressed, agriculture was deemed an essential sector, and governments worldwide implemented measures to support farmers and ensure food security
Russia-Ukraine War Impact Analysis
The conflict has disrupted Ukraine's agricultural sector, affecting both production and export capabilities. Instability in the region has led to logistical challenges, such as transportation disruptions and port closures, which have hampered the distribution of sulfentrazone and other agricultural inputs. Furthermore, the war-induced disruption in agricultural activities in both Russia and Ukraine led to shifts in global agricultural trade patterns and production strategies, potentially altering the long-term market dynamics for sulfentrazone and other agricultural inputs.
By Formulation
• Below 40% SC
• 40% to 80% SC
• Above 80% SC
By Type
• Technical Material
• Single Preparation
• Compound Preparation
By Application
• Crop
o Corn
o Soyabean
o Tobacco
o Sugarcane
o Others
• Soil
o Coarse
o Medium
o Fine
• Weed
o Grass Weed
o Broadleaf Weed
o Sedge
By Distribution Channel
• Offline Channels
• Online Retails
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Russia
o Rest of Europe
• South America
o Brazil
o Argentina
o Rest of South America
• Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
• Middle East and Africa
Key Developments
• In February 2022, RightLine LLC introduced a first-of-its-kind Sulfentrazone + Metribuzin a unique proprietary combination product that combines Sulfentrazone and Metribuzin. The new, special herbicide extends the range of weeds controlled beyond those that may be managed with pure Sulfentrazone products by combining the potent herbicide Metribuzin with Sulfentrazone. While many sedges and killings can be controlled with Sulfentrazone alone, the label claims are expanded to cover goosegrass and over 70 other weeds when Metribuzin is added.
• In June 2022, Willowood Chemicals Ltd. declared that the U.S. EPA approved the company's sulfentrazone herbicide. Sulfentrazone is a pre-emergence herbicide used on sunflowers, sugarcane, and soybeans to suppress grasses, sedges, and broadleaved weeds.
• In October 2022, Chinese agrochemical manufacturer Maxunitech acquired the majority shares of Inner Mongolia Shijie Chemicals with self-financing from its original shareholders. With the new capacity from Shijie Chemicals, Maxunitech is now the world's largest producer of both sulfentrazone and flumioxazin, with a total production capacity of 4000 MT/year for sulfentrazone and 3000 MT/year for flumioxazin.
Competitive Landscape
The major global players in the market include FMC Corporation, Rainbow Agro, Zhejiang Zhongshan Chemical Industry Group Co. Ltd., Albaugh LLC, ChemService, Inc., Corteva, LGC Limited, Syngenta, Hemani Industries Limited, Tokyo Chemical Industry Co., Ltd.
Why Purchase the Report?
• To visualize the global sulfentrazone market segmentation based on formulation, type, application, distribution channel and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of global sulfentrazone market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global sulfentrazone market report would provide approximately 62 tables, 53 figures, and 209 Pages.
Target Audience 2024
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

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Table of Contents

Table of Contents
1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet By Formulation
3.2. Snippet by Type
3.3. Snippet by Application
3.4. Snippet by Distribution Channel
3.5. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Rising Demand for Weed Control
4.1.1.2. Growing Awareness about the Benefits of Sulfentrazone
4.1.2. Restraints
4.1.2.1. Regulatory Restrictions
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. Russia-Ukraine War Impact Analysis
5.6. DMI Opinion
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID
6.1.2. Scenario During COVID
6.1.3. Scenario Post COVID
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Formulation
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
7.1.2. Market Attractiveness Index, By Formulation
7.2. Below 40% SC*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. 40% to 80% SC
7.4. Above 80% SC
8. By Type
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
8.1.2. Market Attractiveness Index, By Type
8.2. Technical Material*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Single Preparation
8.4. Compound Preparation
9. By Application
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
9.1.2. Market Attractiveness Index, By Application
9.2. Crop*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.2.3. Corn
9.2.4. Soyabean
9.2.5. Tobacco
9.2.6. Sugarcane
9.2.7. Others
9.3. Soil
9.3.1. Coarse
9.3.2. Medium
9.3.3. Fine
9.4. Weed
9.4.1. Grass Weed
9.4.2. Broadleaf Weed
9.4.3. Sedge
10. By Distribution Channel
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
10.1.2. Market Attractiveness Index, By Distribution Channel
10.2. Offline Channels*
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Online Retail
11. By Region
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
11.1.2. Market Attractiveness Index, By Region
11.2. North America
11.2.1. Introduction
11.2.2. Key Region-Specific Dynamics
11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.2.7.1. U.S.
11.2.7.2. Canada
11.2.7.3. Mexico
11.3. Europe
11.3.1. Introduction
11.3.2. Key Region-Specific Dynamics
11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.3.7.1. Germany
11.3.7.2. UK
11.3.7.3. France
11.3.7.4. Italy
11.3.7.5. Spain
11.3.7.6. Rest of Europe
11.4. South America
11.4.1. Introduction
11.4.2. Key Region-Specific Dynamics
11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.4.7.1. Brazil
11.4.7.2. Argentina
11.4.7.3. Rest of South America
11.5. Asia-Pacific
11.5.1. Introduction
11.5.2. Key Region-Specific Dynamics
11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.5.7.1. China
11.5.7.2. India
11.5.7.3. Japan
11.5.7.4. Australia
11.5.7.5. Rest of Asia-Pacific
11.6. Middle East and Africa
11.6.1. Introduction
11.6.2. Key Region-Specific Dynamics
11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Market Positioning/Share Analysis
12.3. Mergers and Acquisitions Analysis
13. Company Profiles
13.1. FMC Corporation*
13.1.1. Company Overview
13.1.2. Product Portfolio and Description
13.1.3. Financial Overview
13.1.4. Key Developments
13.2. Rainbow Agro
13.3. Zhejiang Zhongshan Chemical Industry Group Co. Ltd.
13.4. Albaugh LLC
13.5. ChemService, Inc.
13.6. Corteva
13.7. LGC Limited
13.8. Syngenta
13.9. Hemani Industries Limited
13.10. Tokyo Chemical Industry Co., Ltd.
LIST NOT EXHAUSTIVE
14. Appendix
14.1. About Us and Services
14.2. Contact Us