How Big is the Penoxsulam Market | Suppliers & Company list 2025

Code: MTA7898 Publication Date: Aug 2025

What is the size of Penoxsulam Market?

According to 6Wresearch internal database and industry insights, Global Penoxsulam Market was estimated at USD 0.32 billion in 2024 and is projected to reach USD 0.47 billion by 2031, expanding at a CAGR of 5.60% during the forecast period 2025-2031.

There are numbers of factors which are contributing in the expansion of the Penoxsulam Market include the rising demand for effective herbicides in rice cultivation, increasing adoption of sustainable agricultural practices, and growing awareness about weed management.

Key Growth Drivers of the Penoxsulam Market

  • The use of penoxsulam is increasing for controlling resistant weed species in rice fields
  • The emphasis is growing on improving crop yields through advanced herbicides
  • Government is supporting through their favourable policies promoting sustainable agriculture
  • Growth in rice production and cultivation area globally
  • Advancements in formulation technologies enhancing herbicide efficiency

Penoxsulam Market Trends

Penozsulam market is expanding its landscape over the years with notable trends include the growing adoption of low-dose and selective herbicide formulations to minimize environmental impact. Another trend is the rising shift towards integrated weed management combining chemical and biological methods. Also, the formulations tailored for ease of application in paddy fields are increasingly preferred. Further, the development of penoxsulam-based herbicides is occurring with improved solubility and stability is gaining traction.

Emerging Developments in the Penoxsulam Market

Penozsulam market is developing in the recent years with introduction of combination herbicides containing penoxsulam and other active ingredients for broader spectrum weed control. Aside from these, research is growing into biodegradable and eco-friendly penoxsulam formulations. Further, the growth of precision agriculture techniques using penoxsulam application data. On the other hand, the expansion of herbicide resistance monitoring programs is increasing supporting targeted penoxsulam use.

List of Leading Companies in the Penoxsulam Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Dow AgroSciences LLC

Company NameDow AgroSciences LLC
Established Year1897
HeadquartersMidland, Michigan, United States
Official WebsiteClick Here

This company is leading producer of penoxsulam-based herbicides used in rice cultivation. And focuses on innovative crop protection solutions globally.

2. BASF SE

Company NameBASF SE
Established Year1865
HeadquartersLudwigshafen, Germany
Official WebsiteClick Here

This company offers penoxsulam formulations integrated in crop protection portfolios and known for sustainable agriculture initiatives and R&D.

3. Syngenta AG

Company NameSyngenta AG
Established Year2000
HeadquartersBasel, Switzerland
Official WebsiteClick Here

This company provides penoxsulam-based herbicides tailored for paddy fields and emphasizes technology-driven weed control methods.

4. UPL Limited

Company NameUPL Limited
Established Year1969
HeadquartersMumbai, India
Official WebsiteClick Here

This company develops penoxsulam products with focus on emerging markets and offers cost-effective and eco-friendly solutions.

5. Nufarm Limited

Company NameNufarm Limited
Established Year1956
HeadquartersMelbourne, Australia
Official WebsiteClick Here

This company produces penoxsulam herbicides for rice and cereal crops and growing invests in sustainable product development.

6. ADAMA Agricultural Solutions Ltd.

Company NameADAMA Agricultural Solutions Ltd.
Established Year1945
HeadquartersTel Aviv, Israel
Official WebsiteClick Here

This company offers penoxsulam herbicides as part of integrated crop protection and strong presence in Asia-Pacific and Latin America regions.

7. Sumitomo Chemical Co., Ltd.

Company NameSumitomo Chemical Co., Ltd.
Established Year1913
HeadquartersTokyo, Japan
Official WebsiteClick Here

This company provides penoxsulam-based herbicides with advanced formulations and focuses on innovation in agricultural chemicals.

8. Nihon Nohyaku Co., Ltd.

Company NameNihon Nohyaku Co., Ltd.
Established Year1927
HeadquartersOsaka, Japan
Official WebsiteClick Here

This company specializes in herbicides including penoxsulam for rice farming and committed to environmentally responsible agriculture solutions.

How Big is the Penoxsulam Market : FAQs

The Penoxsulam market was estimated at USD 0.32 billion in 2024 and is projected to reach USD 0.47 billion by 2031.
Growth factors include rising rice cultivation, demand for effective weed control, and sustainable farming initiatives.
Rice farming is the primary sector with increasing use in cereal crop management.
Key companies include Dow AgroSciences, BASF, Syngenta, UPL, Nufarm, ADAMA, Sumitomo Chemical, and Nihon Nohyaku.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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