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Tembotrione Market is Expected to Reach US$ 51.2 Mn by 2020

Transparency Market Research has released a new market report titled “Tembotrione Market for Corn and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”. According to the report, the market was valued at US$ 21.7 Mn in 2013 and is anticipated to reach US$ 51.2 Mn by 2020, expanding at a CAGR of 13.4% from 2013 to 2020. In terms of volume, the global demand for tembotrione stood at 267.4 tons in 2013.   Launched in 2007, tembotrione is approved and registered with the U.S. Environment Protection Agency (EPA) as well as the European Union (EU). It is said to contain low acute toxicity via dermal, oral and inhalation routes. Global demand for tembotrione is estimated to rise in the near future, due to increasing resistance in weeds, especially for herbicides such as glyphosate, dicamba and ALS inhibitors. Tembotrione inhibits 4-hydroxyphenlypyruvate (HPPD), which causes a deficiency of these prenylquinones in plant tissues. ...