November 28, 2019

Clomazone Market - Exported to Various Developed and Emerging Regions 2023

Clomazone is an agrochemical which comprises Isoxazole which is bound to a 2-chlorobenzyl group. The compound is responsible for suppressing the biosynthesis of chlorophyll and other pigments. The compound serves as a herbicide in the agrochemical industry, and is sold under different brand names such as “Commence”, “Command”, and “Kalif”. Although the market for clomazone has been growing in most of the regions, it hasn’t seen a similar trend in emerging economies such as China over the past few years.

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Several manufacturers of clomazone have ceased the production of the compound, citing issues such as higher production cost as well as production barriers pertaining to pollution. Other than production, the herbicide is sold to areas such as Northeast of China. In addition, more than half of the clomazone manufactured in China is exported to various developed and emerging regions such as North America, South America, and Europe.

The global market for clomazone has been witnessing a noticeable increase owing to growth of the herbicides industry. Growing demand for organic food is also expected to boost the demand for clomazone in herbicides over the forecast period. Over the recent years, the global industry for organic food has witnessed significant growth. Rising concerns of consumers in terms of environmental protection, and food safety are some of the major reasons driving the growth of the organic food industry.

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The growth of such agrochemicals in emerging economies is anticipated to provide new opportunities for the clomazone market. In addition to improving the food security, agriculture also plays an important role in enhancing the economic growth of emerging economies.

Demand for Aweed removing chemicals such as clomazone is likely to rise over the next few years, led by rising production of food sources such as apples and rice.