SA国际传谋

 

 

Every year, crop protection chemicals save around 50% of yield losses, caused by pests, diseases and weeds. The fact that 800 plant protection chemicals are registered worldwide is a testament to the speed with which the industry has been evolving. It also speaks volumes about the increasing demand for newer and more custom-made solutions as time moves on. As we slowly emerge out of the pandemic, the need to secure food supply is set to be top priority in every nation. And with climate change looming large, the vagaries of biotic and abiotic factors affecting a crop are today more pronounced than ever before. And it throws the door wide open for newer, unprecedented challenges to the farming community, keeping the researchers, policy makers and industry players on their toes. 

 

 

If we can be sure of one thing, it’s that however the challenges unfold, herbicides are set to play a vital role in it. The global crop protection market size for 2020 was estimated at USD 62.04 billion and is expected to grow at a CAGR of 2.3%. Herbicides continue to dominate the business by a whopping 44% at USD 27.4 billion followed by fungicides (USD 16.8 billion) and insecticides (USD 15.6 billion) taking 27% and 25% market share between them. 

 

Population trends indicate the largest increase in herbicide consumption is to occur in Asia by 2050. Also, significant changes in farm policies in LATAM countries are also expected to drive demand for herbicides – in order to increase crop yield and productivity.

A recent study indicates that about 20 molecules encompass over 55% of the global herbicide market. Glyphosate remains numero uno contributing to about 21% of the total herbicide market at USD 5855 million in spite of many major regulations implemented on the usage of this herbicide worldwide. Glufosinate ammonium comes a by-far second at USD 1220 million, having posted a healthy CAGR of 17% during the period 2016-2020. 17 of the top 20 molecules in this segment are selective herbicides. Other molecules that registered a double-digit growth rate are Dicamba, at a staggering 27%, Nicosulfuron at 16%, Sulfentrazone at 13% and Clethodim at 10% for the period 2016-2020.

 

 

 

 

Mesotrione, Atrazine and Nicosulfuron are exclusive herbicides for broad spectrum control of weeds in Maize. Flumioxazin, Pendimethalin, Clomazone and Sulfentrazone are the major pre-emergence herbicides that find application in a wide range of crops, especially in the top crops by consumption in this segment. Among this, Flumioxazin and Sulfentrazone are known to exhibit both pre-emergence and post-emergence activity thus giving longer residual control in broader spectrum of annual grasses and broad leaf weeds. Research studies taken up by various institutions globally suggest that Sulfentrazone has an edge over Flumioxazin in the control of sedges, thereby garnering wider acceptance in the farming community.

 

We first come across Sulfentrazone at the time of its launch in the mid-nineties by the FMC Corporation. It was introduced for Soybean crop in Brazil starting from that period. Later on, combinations of Sulfentrazone with S-metalachlor, Imazethapyr, Chlorimuron ethyl were introduced to tap into its full potential.  Today, Sulfentrazone is a popular choice for weed management in Soybean and Sugarcane crop, particularly in the US and Latin America.

 

In recent times, Sulfentrazone again rose to the occasion to meet the challenge of glyphosate-resistant weeds in the US. Some difficult market conditions seem to have caused a dip in its usage around 2015, with consumption restricted to around USD 200 million. The molecule emerged stronger with favourable market conditions. But Sulfentrazone proved that it is here to stay, with a resurgence in the following years.

Though the Americas continue to be the hotspot for consumption, Asia commands Sulfentrazone production globally. China in particular, remained one of the major exporters of Sulfentrazone technical worldwide, until recently. In the past few years, a new players has stepped up into the spotlight, quite notably, India. The subcontinent is emerging to be a production hub for Sulfentrazone apart from the other agrochemicals it is known for. 

 

 

 

Policy support from the Government of India and the impetus to be Self-reliant, has helped the agrochemicals industry to be competitive in the global market without compromising on the quality. Indian manufacturers have not only captured the growing demand for Sulfentrazone, but also have replaced the Chinese volumes taking almost half of the global production. 

 

Tagros, one of the key players in the Indian agrochemical market, has become the focal point for this shift in the global market dynamics in Sulfentrazone technical. While the total export volume from Asia to the world is pegged at 7604 MT in 2020, Tagros has solely contributed 3481 MT for the same year taking 45% share in worldwide Sulfentrazone market.

 

 

 

Agrochemical companies worldwide are working extensively to expand application of Sulfentrazone to other major crops like Rice, Maize and Fruits and vegetables. Various industry players have launched multiple combinations of Sulfentrazone for broader spectrum control in a wide range of crops. 

 

The exciting growth trends surrounding Sulfentrazone are likely to continue for quite a while. For one, there have been negligible variations in planted areas for Soybean, thus increasing pressure for more productivity - the global supply of Soybean is likely to remains tight in the commodity market. The scenario is no different for Sugarcane as it accounts for 80% of global sugar production. With opportunities in Soybean and Sugarcane looking solid and Rice and Maize poised to become potential game changers, Sulfentrazone is all set to explore unchartered territories.

 

Source: AgroNews