Tembotrione Market for Corn and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
Albany, NY -- (SBWIRE) -- 01/16/2015 -- Tembotrione is a selective postemergence herbicide used to control broadleaf and grass weeds in cornfields. The herbicide was launched in 2007 in two grades: technical grade (96.2%) and liquid product grade (34.5%).
This study segments the global tembotrione market based on key regions and types of crops. It includes a market analysis in terms of volume (tons) and revenue (US$ Mn). The study includes tembotrione market estimates for 2014 and forecast for the period from 2015 to 2020. Two applications fall in the scope of the study: cornfields and all other applications (such as research tools). Tembotrione is primarily used as an herbicide against weeds affecting corn crop, which comprises corn seeds, sweet corn and popcorn. Occasionally, it is also used as a research commodity.
The market is further segmented regionally, with North America, Europe, Asia Pacific and Rest of the World (RoW). Europe includes Western (including EU and non-EU members), Central and Eastern Europe, while RoW includes South and Central America, Africa and the Middle East.
This study on tembotrione also includes the profile of the inventor company – Bayer CropScience AG. Currently, Bayer CropScience holds the patent for tembotrione; no other company manufactures the product.
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Different crop types in each region have been considered for the global average price while breaking down this market. The prices considered in the report are for technical grade. The volume of the market is for the active ingredient (tembotrione) and not for the carrier. The tembotrione market has been analyzed based on expected demand. Market estimates for this study have been based on volumes, with revenues being derived through regional pricing trends. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors and direct selling regional producers, based on manufacturer feedback and application requirement. We have used the bottom-up approach to arrive at the global market, considering individual crop type segments and integrating these to arrive at the global market. Crop type segments have been further bifurcated using the top-down approach to derive the regional product market.
In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of our research efforts, supplemented by extensive secondary research.
We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions: It provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.: helps in validating and strengthening the secondary research findings; and further develops the analysis team's expertise and market understanding. Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies.
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We reviewed key players' product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding as part of secondary research. Secondary research also includes a search of recent trade; technical writing; internet sources; and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants' insights and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings, internal and external proprietary databases relevant patent and regulatory databases, national government documents, statistical databases and market reports. Also referred are news articles, press releases and webcasts specific to companies operating in the market. Secondary sources referred for tembotrione study include the U.S. Department of Agriculture (USDA), the U.S. Environment Protection Agency (EPA), Food and Agriculture Organization Corporate Statistical Database (FAOSTAT) and Friends of the Earth Europe (FoE Europe).
The report segments the global tembotrione market as:
Tembotrione Market - Crop Type Segment Analysis
- Other Applications (Including research commodity, etc)
Tembotrione Market - Regional Analysis
- North America
- Asia Pacific
- Rest of the World (RoW)
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