TMRR, in its recently published market research report, provides an in-depth analysis of the Endosulfan market included the anticipated growth pattern of the market over the forecast period (2019-2029). A detailed assessment of the various micro and macro-economic factors that are likely to shape the course of the Endosulfan market over the next decade is enclosed in the report. The study suggests that the Endosulfan market is expected to register a CAGR growth of XX% over the forecast period primarily driven by factors including factor 1, factor 2, factor 3, and factor 4.
Further, the methodical and systematic approach adopted by the analyst’s while curating the report ensures that the data in the report is insightful, relevant, and a valuable tool for our clients to gain a competitive advantage in the current and future market landscape.
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The competitive assessment included in the report throws light on the business strategies incorporated by leading market players operating in the Endosulfan market. The comprehensive study provides a bird’s eye view of the business operations of top-tier market players along with relevant graphs, figures, and tables.
Trends and Prospects
Endosulfan was introduced in the era when environmental knowledge and awareness was low, and there were no national regulatory laws pertaining to its toxic nature. Recently, this chemical has been detected as a poisonous pesticide in many countries.
It is often sprayed on crops with the help of sprayers. It is readily soluble in chloroform, kerosene, xylene, and most organic solvents, but slightly soluble in water. Growing demand from the agriculture sector is the major factor driving the global endosulfan market. Increasing demand from the wood industry is also expected to boost demand for endosulfan in the near future.
Acute and chronic health effects of endosulfan has hampered the growth of the global endosulfan market. Endosulfan affects the central nervous system, leading to overstimulation and wide range of health issues. Acute symptoms of endosulfan include nausea, headache, vomiting, unconsciousness and death in extreme conditions. Studies have declared that, over exposure to endosulfan may lead to increased risk of autism, birth defects in male, and delayed puberty in boys. These factors have banned the manufacturing and usage of endosulfan under the Stockholm Convention in April 2011. This ban has been effective from mid-2012 in major regions such as U.S., Europe, and the Middle East among others. Asia Pacific is the only region which manufactures and uses endosulfan on a large scale.
Endosulfan Market: Key Segments
North America, Europe, Asia Pacific and Rest of the World (RoW) are the key segments for the global endosulfan market. Asia Pacific is expected to be the largest consumer of endosulfan due to the growing demand from the agriculture sector in the region. North America and Europe are expected to show very less growth and demand due to the prohibited use and manufacture of endosulfan.
Endosulfan Market: Key Market Players
The key players of the global endosulfan market include Coromandel Fertilisers, Excel Cro Care Ltd, Hindusthan Insecticide Ltd and Indichem among others.
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Important questions answered in the report:
- How has the Endosulfan market adapted to the evolving regulatory landscape in each region?
- Why is the adoption of end use 1 expected to slow down over the forecast period?
- In the current scenario, which region offers market players promising growth opportunities?
- Which manufacturing technique is cost-effective and the most efficient?
- What are the recent mergers and acquisitions that have taken place in the Endosulfan market?
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This post was originally published on Analytics News