Los Angeles, CA -- (SBWire) -- 04/19/2019 --Forchlorfenuron is a new plant growth regulator registered for use on grapes raisins, and kiwifruit. Forchlorfenuron is a phenyl urea compound. Forchloefenuron is a cytokinin, which improves fruit size, fruit set, cluster weight and cold storage in grapes and kiwifruits.
Currently, there are some companies in the world can produce Forchlorfenuron product, mainly concentrate in China. The main market players are AlzChem, Anyang Quanfeng Biological, Zhengzhou Zhuoyue, Yinhai Chemical, Zhongke Chemical etc. The production of Forchlorfenuron increased from 7776 Kg in 2012 to 9742 Kg in 2016, at a CAGR of more than 5.8%. Global Forchlorfenuron capacity utilization rate remained at around 51.86% in 2016.
In consumption market, the growth rate of global consumption is smooth relatively. China and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
According to Forchlorfenuron contain, it can be mainly classified into three types: 99%? 98% and others. It can be widely used in many industries. Survey results showed that 76.70% of the Forchlorfenuron market is Kiwi, 12.18% % is Grapes, 5.94% is c Watermelon uses industry. With the development of economy, these industries will need more Forchlorfenuron. So, Forchlorfenuron has a huge market potential in the future.
The major raw material for Forchlorfenuron is Phenyl isocyanate, 4-Amino-2-chloropyridine, etc. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of Forchlorfenuron industry.
The global Forchlorfenuron market was 3 million US$ in 2018 and is expected to 4 million US$ by the end of 2025, growing at a CAGR of 3.3% between 2019 and 2025.
This report studies the Forchlorfenuron market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Forchlorfenuron in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
AlzChem
Anyang Quanfeng Biological
Zhengzhou Zhuoyue
Yinhai Chemical
Zhongke Chemical
Cheng Ming
Yinhe Chemical
Xinglian
Henan Door Chemical
Runtong
By the product type, the market is primarily split into
KT-30 99%
KT-30 98%
Others
By the end users/application, this report covers the following segments
Kiwi
Grapes
Watermelon
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Forchlorfenuron Market Growing at 3.3% CAGR Will Hit 4 Million US$ in 2025