[FURL=https://www.industryarc.com/Report/15834/ethephon-market.html]Ethephon Market[/FURL] is forecast to reach $440 million by 2025, after growing at a CAGR of 9.2% during 2020-2025. Ethephon is a plant growth regulator used to promote fruit ripening, abscission, flower induction, and other responses. Ethephon is registered for use on a number of foods, feed and nonfood crops, greenhouse nursery stock, and outdoor residential ornamental plants, but is used primarily on cotton. Growing public interest towards agricultural sector after pandemic will further enhance the overall market demand for Ethephon during the forecast period.Key Takeaways
Asia-Pacific dominates the Ethephon market owing to increasing demand from applications such as Cotton, Tobacco, Wheat and others.
The global ethephon market has gained prominence in the agriculture sector in recent years due to the rising demand to promote pre- and post-harvest ripening, is likely to aid in the market growth of Ethephon.
Implementation of governments’ stringent regulations will increase the market demand for Ethephon in the near future.
COVID 19 pandemic will create hurdles for the Ethephon market.
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Ethephon Market Segment Analysis - By Geography
APAC dominated the Ethephon market with a share of more than xx%, followed by North America and Europe. Ethephon is a plant growth regulator used to promote fruit ripening, abscission, flower induction, and other responses. Ethephon is registered for use on a number of food, feed and nonfood crops, greenhouse nursery stock, and outdoor residential ornamental plants, but is used primarily on cotton. Formulations include formulation intermediates and soluble concentrates/liquids. Ethephon is applied to plant foliage by either ground or aerial equipment. It also may be applied by hand sprayer to certain home garden vegetables and ornamentals. Ethephon is not persistent in the environment. The major routes of dissipation appear to be chemical hydrolysis and microbial degradation.
Ethephon Market Drivers
Increasing usage for fertilizers
Implementation of Governments Regulations
Major players in the Ethephon Market are NuFarm, West Coast Herbochem Ltd., Syngenta, Rotam CropSciences Ltd., Dow AgroSciences LLC, among others.
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