LONDON, Nov. 24, 2016 /PRNewswire/ -- The sales value of pyridine herbicides in China has shown an upward trend in the past few years at a CAGR of 5.9% in 2009-2014.
Currently, 11 kinds of pyridine herbicide products are being sold on the domestic market and it was 10 before 2014. In 2014, the sales value of pyridine herbicides in China was USD1.33 billion, up 4.6% YoY, accounting for 5% of the global sales value of herbicides, USD26.42 billion. In 2014, the total sales value of these six leading products, picloram, fluroxypyr, clopyralid, aminopyralid, triclopyr and diflufenican, reached USD1.28 billion, accounting for 96.3% of the total sales value of pyridine herbicides in China.
Picloram, entered the market in 1963, is dominant in the pyridine herbicide market with a sales value of USD290 million in 2014.
Aminopyralid, the product which has been the slowest to enter into the market among pyridine herbicides, also performed well in 2014, with a sales value of USD190 million. It grew fastest among the pyridine herbicides with a CAGR of 13.7% in 2009-2014.
Aminopyralid has been firstly registered in China in 2014 and then it entered into the domestic market in 2014. Besides China, the aminopyralid market has also spread to Canada, Australia, Argentina and Europe Union.
Dow AgroSciences LLC has targeted sales volume of its aminopyralid product to be over USD400 million in the peak of a year. It is believed that aminopyralid will replace picloram to dominate the pyridine herbicide market in the near future.
If you are looking for information about the China's pyridine manufacturers to know more about the competitors or to help your importing business, you could have a look at CCM's newly released report: Company Profiles of Chinese Pyridine Manufacturers.
The report provides you with detailed information of five major pyridine manufacturers in China, including Nanjing Redsun Co., Ltd., Shandong Kunda Biotechnology Co., Ltd., Vertellus Specialty Chemicals (Nantong) Co., Ltd., Vertellus Specialty Chemicals (Weifang) Co., Ltd., Shandong Luba Chemical Co., Ltd. and Hubei Sanonda Co., Ltd.
In this report, you will be able to find the following information about each company as we will show you:
- Key points in company history- Ownership structure- Overall business performance- Product and investment - Marketing, commercial activities and sales mode- Marketing and brand consolidation- SWOT analysis
Download the full report: https://www.reportbuyer.com/product/4037687/
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