Market Research Reports

The growing demand for expanding the range of post-emergence herbicides has boosted the evolution of the tembotrione market. The emerging demand for triketone herbicides for the selective control of broadleaf weeds and annual grasses in corn is the key factor driving the growth of the market. The technology of rapid bleaching and elimination of susceptible weeds has propelled the demand for tembotrione, a key ingredient in triketone herbicides. The active ingredient tembotrione has been marketed as Laudis OD by Bayer in 2008. Bayer Cropscience LP, the only manufacture of tembotrione, has patented the technology and enjoys rights of data protection for some time even after the expiry of the patent. This is expected to limit the competition from manufacturers engaged in manufacturing generics versions. Rapid advances in weed control technology has further improved the modes of action and bleaching ability of tembotrione, positively impacting the market. The use of tembotrione to ...

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. ...