Polyoxin Market

Global Polyoxin Market Size, Share and Trends Analysis Report, By Type (Polyoxin B and Polyoxin D), By Crop Type (Food Crops, Flower Crops, Turf, Parks, and Others), By Formulation (Wettable Powder (WP), Emulsifiable Concentrate (EC), and Dustable Powder (DP)), Forecast (2022-2028)
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2026250 | Category : Chemical and Material | Delivery Format: /

The global polyoxin market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Polyoxins are a group of nucleoside antibiotics composed of heterocyclic moieties containing nitrogen. It is an antibiotic substance and acts to inhibit the growth of phytopathogenic fungal cell wall chitin by competitively inhibiting chitin synthetase. The major factor driving the demand for polyoxin is the increasing application of polyoxin in the agriculture industry across the globe.

Moreover, polyoxin has several benefits such as including disease control in the pre-harvest period, low toxicity to human health as well as minimal threat to the environment. These benefits further drive the growth of the market during the forecast period. Additionally, Polyoxin D is used as a fungicide for turf on golf courses, parks, home lawns, as well as the grounds of commercial and institutional buildings. Polyoxin B is used for the prevention and control of serious plant diseases such as wheat powdery mildew, rice sheath blight, cucumber downy mildew, apple leaf spot, and ginseng black spot, among others.

Apart from this, the market is segmented into type, crop type and formulation. Based on type, the market is segmented into polyoxin B and polyoxin D. Polyoxin bB is anticipated to hold a prominent share in the market owing to its growing demand and benefits such as it does not have any adverse effects on non-target organisms or the environment. Some major players in the market include Jiangsu Fengyuan Bioengineering Co., Ltd., and Kaken Pharmaceutical Co., Ltd., among others. 

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Type

o By Crop type

o By Formulation

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Jiangsu Fengyuan Bioengineering Co., Ltd., and Kaken Pharmaceutical Co., Ltd., among others. 

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Polyoxin Market Report by Segment

By Type 

Polyoxin B 

Polyoxin D

By Crop Type 

Food crops 

Flower crops 

Turf

Parks 

Others

By Formulation 

Wettable Powder (WP)

Emulsifiable Concentrate (EC) 

Dustable Powder (DP)

Global Polyoxin Market Report by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa