DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/sqhl8g/24d_survey_in) has announced the addition of the "2,4-D Survey in China" report to their offering.
The large-scale 2,4-D producers will continue to expand their capacities to occupy more market share and remain competitive. Meanwhile, small-scale producers will be side-lined in the midst of intense market competition.
China will play an increasingly more important role in the global 2,4-D industry. Because of this, well-positioned producers such as Shandong Rainbow, Changzhou Wintafone and Jiangsu Huifeng will become more and more competitive thanks to their advantages in production technology and scale.
The planting of wheat, corn and soybean will remain the major application field of 2,4-D in China. With more and more of the labour force transferring into the cities, manual weeding is being replaced by chemical weeding, so more and more herbicides will be needed in agricultural production, thus boosting the herbicide demand in the domestic market, including 2,4-D.
Meanwhile, with the popularization of minimum tillage and non-tillage, chemical weeding will become even more popular. Herbicides are becoming widely accepted by farmers for agricultural weeding. With this trend, herbicides including 2,4-D will witness bright prospect in the future.
In conclusion, several factors, such as technology innovation for 2,4-D production, more sufficient raw material supply, development of non-tillage technology in agricultural production, development of GM technology in 2,4-D tolerance, etc. have provided the development space and opportunity for the 2,4-D industry in China.
What's more, in spite of severe overcapacity, the domestic 2,4-D industry is still developing rapidly, which will generate some commercial opportunities mostly related to technology innovation and environmental protection in future years, including:
- Technological development of pollutant treatment;
- R&D and promotion of environmentally friendly formulations;
- Domestic and overseas market exploration, etc.
- Increasing planting area of GM crops.
Companies Mentioned
- Changzhou Wintafone Chemical Co., Ltd.
- Jiangsu Huifeng Agrochemical Co., Ltd.
- Jingma Chemicals Co., Ltd.
- Shandong Keyuan Chemical Industry Co., Ltd.
- Shandong Weifang Rainbow Chemical Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/sqhl8g/24d_survey_in