Ethephon is a popular plant
growth regulator belonging to the phosphonate family. Ethephon is
used to promote pre-harvest ripening, to aid in harvesting and
promote post-harvest ripening. Ethephon is used by farmers to
initiate reproductive development of fruits. Ethephon is sprayed on
pineapple fruits to degreen them to obtain marketing requirements.
Ethephon helps to stimulate ripening in fruits that have reached a
certain minimum stage of maturity. Certain changes accompany ripening
of fruits include production of ethylene rises, fruits become softer,
the rate of respiratory heat production increases, a cut develops
between fruit stem and spur and starch in the fruit is converted to
sugars.
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Ethephon is used to promote
ripening in soft fruits, top fruits and cereals such as rice, wheat,
tobacco, cotton, sugar beets, tomatoes, fodder beets and coffee among
others. Ethephon is used to aid in the harvest of fruit and berry
crops. It can be used to accelerate the ripening of bananas and
pineapples. Other uses include accelerating the maturation of
tobacco, stimulating the flow of latex in rubber trees and the
preservation of cereals such as flax and maize. Ethephon penetrates
into all tissues of the plants to which it is applied and is
metabolized to phosphate, ethylene and chloride ions.
The growth in plant growth
regulators market is expected to increase consumption of Ethephon. In
addition, rising consumption of agricultural products in emerging
economies of Asia Pacific is expected to increase consumption of
Ethephon. The demand for increased crop productivity has lead to
increase in use of fertilizers and plant growth regulators by
farmers. Furthermore, factors such as increasing demand for cotton
with the growth of the textile industry is expected to fuel demand
for ethephon over the forecast period. However, volatile raw material
prices, government regulations and availability of substitutes could
hamper the growth of the market. In addition, growing preference of
farmers towards superior agro chemicals is expected to hamper the
growth of the Ethephon market.
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Asia Pacific, the fastest
growing market for Ethephon, is expected to generate substantial
revenue during the forecast period. India and China are expected to
be the large consumers of Ethephon in Asia Pacific due to presence of
an established agricultural industry. Republic of Korea, Macau,
Republic of China (Taiwan), Japan, Australia, New Zealand and
Malaysia are other major markets in Asia Pacific. Ethephon is popular
among Chinese agrochemical manufactures due to strong demand in
domestic and overseas market. Ethephon is manufactured by Jiangsu
Anpon Electrochemicals Co. and Rhone-Poulenc (Bayer Crop Science) in
China. Europe and North America are expected to experience moderate
to high growth. Germany, Italy, and France are expected to be large
consumers of Ethephon in Europe.
Some of the key players in
this market are E. I. du Pont de Nemours and Company (U.S.), Bayer AG
(Germany), NuFarm (Australia), Rotam CropSciences Ltd (Honk Kong),
Dow AgroSciences LLC (U.S.), Monsanto (U.S.), Syngenta (Switzerland),
ADAMA Agricultural Solutions Ltd. (Israel), Canary Agro Chemicals
Private Limited (India), Arysta Lifesciences (India), West Coast
Herbochem Limited (India), Rhyme Organics & Chemicals Limited
(India), JRPL Agro Chemicals Industries (India) and BASF SE (Germany)
among others. Companies are using strategic acquisitions to increase
their market share. In addition, companies are investing in research
and development to develop innovative and environmentally friendly
products.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete
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restraints. It provides market projections for the coming years. It
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players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with
detailed value chain analysis.
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