What is Polyoxin Market?
Polyoxins shows fungicidal properties hence it is known as agricultural antibiotics. It act as chitin synthase inhibitor and an antifungal agrochemical. Polyoxins is isolated from the soil organism Streptomyces cacaoi var. asoensis. Polyoxins well known for inhibiting the growth of phytopathogenic fungal. Its Polyoxins D is used only for turf. Furthers, B type used in commercial and residential ground. Owing to huge demand from end use industries, the Polyoxin market is expected to grow with substantial growth rate. Geographically, rising agricultural industries expenditure in Asia pacific region has impacted on the demand in the region in positive manner. Thus, Asia Pacific region is anticipated to grow with higher growth rate followed by North America and European region.
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|Key Companies Profiled||Merck KGaA (Germany), BASF (Germany), Nufarm Limited (Australia), Kaken Pharmaceutical Co., Ltd. (Japan), Longyan Tianhua Biological Technology Co., Ltd (China), Fengchen Group (United Kingdom), ANGUS Chemical Company (United Kingdom), Thermo Fisher Scientific (United States), Jiangsu Fengyuan Bioengineering Co., Ltd. (China), Dideu Industries Group Limited (China), Beijing Green Agrosino Co., Ltd. (China), AMVAC Chemical Corp (United States), Cleary Chemical Corp. (United States), Amadis Chemical Company Limited (China) and Arysta Lifescience (United States)|
The market study is being classified by Type (Polyoxin B and Polyoxin D), by Application (Floral Crops, Food Crops, Turf, Home Lawn, Golf Courses and Others) and major geographies with country level break-up.
Merck KGaA (Germany), BASF (Germany), Nufarm Limited (Australia), Kaken Pharmaceutical Co., Ltd. (Japan), Longyan Tianhua Biological Technology Co., Ltd (China), Fengchen Group (United Kingdom), ANGUS Chemical Company (United Kingdom), Thermo Fisher Scientific (United States), Jiangsu Fengyuan Bioengineering Co., Ltd. (China), Dideu Industries Group Limited (China), Beijing Green Agrosino Co., Ltd. (China), AMVAC Chemical Corp (United States), Cleary Chemical Corp. (United States), Amadis Chemical Company Limited (China) and Arysta Lifescience (United States) are some of the key players profiled in the study.
The market of Polyoxin is expected to grow with rising demand from end use industries. Several companies are operating in the market to provide Polyoxin for agricultural industry. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. In addition, market profitability is attracting new entrant which is turn impacting on competitive rivalry. Research Analyst at AMA predicts that China Vendors will contribute to the maximum growth of Global Polyoxin market throughout the forecasted period.
Analyst at AMA have segmented the market study of Global Polyoxin market by Type, Application and Region.
On the basis of geography, the market of Polyoxin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Polyoxin as Agricultural Antibiotic
- Increasing Industrial Infrastructure of Agrochemical Industry
- Growing Preference for Wettable Powder Form of Polyoxin in is expected to Gain Highest Market Share
- Harmful to Ocular & Dermal in Higher Concentration
- High Demand for Fungicide for Controlling Pests
- Increasing R & D Investments from Market Players across Industries
- Availability of Alternatives
- Supply Chain Disruption Owing to Pandemic
Polyoxin D Zinc Salt is a toxin derived from Streptomyces cacaoi var. asoensis, a soil-borne microorganism. 111 Other fungicides derived from Streptomyces spp. have been considered toxins derived from bacteria 112 consistent with 7 USC 6517(c)(1)(B)(ii)(A) [7 CFR 205.601(i)(10) & (11)].
Key Target AudiencePolyoxin Manufacturers, Polyoxin Suppliers/Distributor, Raw Material Supplier, Agrochemical Giants & Players, Chemical Industrialist, Government Associations, Third Party Investors and New Entrants/Investors