Since ages crop protection has been a major challenge in the field of agriculture. Pests, weeds, and various plant diseases have been eating a major share of food which is meant for humans. Scientists have been working to prevent this loss by introducing efficient herbicides, fungicides, insecticides etc.
One such effective synthetic compound aiding in crop protection is Pinoxaden. Pinoxaden is an herbicide used to control monocotyledonous grass weeds in crops such as wild oats, rye-grass and black grass. It was first patented and launched by Syngenta AG under the AXAIL brand in the year 2005. This selective herbicide has been proved to be highly beneficial mainly for wheat and barley crops.
The Global Pinoxaden market is anticipated to show a high growth in the next six years. The demand for increase in the crop- yield owing to the anticipated rise in the world population is the major factor boosting the global pinoxaden market. Properties of pinoxaden like its broad spectrum, applicability throughout the year, and tolerance by major cereals are also an important driving factor for this market.
On an average around 30-35% of cereal crop is lost due to weeds, and the use of pinoxaden is a very competitive method to prevent this loss. Moreover, the food industry has been showing an upward trend in utilizing cereals. This demand is fuelling the growth of crop protection products worldwide. The development of resistance by the weeds and high price of pinoxaden are major restraining factors for this market.
Some of the products that use pinoxaden as a major ingredient are: