Latin America Trifluralin Market is worth USD xx million in 2016 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2021. The Latin America Trifluralin market is developing at an exceptionally quick pace.
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Trifluralin are treated sewage sludge which are intended to be used as soil conditioner. These are considered as organic solids which are derived from the sewage treatment processes. They are rich in minerals and nutrients, and are used in a various sectors, ranging from agriculture to energy production. Mostly they are used as a natural fertilizer. Trifluralin have major application in the sector of agriculture, energy recovery, mine reclamation, water treatment and crop fertilizer.
The significant drivers are development of the agricultural sector and growing demand for herbicide. Trifluralin reduces the time required to remove weeds as compared to other herbicides, thus increasing its demand. Rise in demand for weed removing chemicals in developed and developing nations is further expected to boost the trifluralin market. Trifluralin is toxic for aquatic animals, and hence not recommended by European Union (EU).However competition from substitute products and huge cost are proving to be a barrier in the Trifluralin market.
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The Latin America Trifluralin market is segmented on the basis of crop, type, application and region. Based on crop the market is segmented into field crops and fruit & vegetable crops. Based on type the market is segmented into miscible oil (emulsifying concentrate) and granula (GR). Based on application the market is segmented into annual grasses, wireweed, spurrey, fathen, and others.
Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The rising focus of key players on enhancing their market presence across the globe is estimated to encourage the growth of the market in the Latin America regions.
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Shandong Qiaochang Chemical Co., Ltd., Chongqing Shurong, Shenzhen Sunrising Industry Co., Ltd., Chemical Co., Ltd., BASF, Jiangsu Fengshan Group Co., Ltd., and Dow Chemical Company are the leaders in the Latin America Trifluralin market.
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