The market for HPPD inhibitor herbicides is maturing, but the market has development potential in the future
Parahydroxyphenylpyruvate dioxygenase (HPPD) is one of the important targets of current herbicides. HPPD inhibitor herbicides inhibit the activity of HPPD and block the conversion of parahydroxyphenylpyruvate into homogentisate. As a result, tocopherol, plastoquinone, carotenoids, etc. cannot be synthesized normally, causing plant meristems and new tissues to produce whitening symptoms, which in turn leads to plant death.
HPPD inhibitor herbicides first originated in the 1970s. Later, as research continued to deepen, the types of compounds based on HPPD targets continued to increase, and the market size of HPPD inhibitor herbicides gradually expanded. With the advantages of high activity, broad herbicidal spectrum, diverse chemical structures, good safety, and no cross-resistance with existing herbicides, HPPD inhibitor herbicides have attracted much attention from the industry, and their market has maintained a steady growth trend.
According to the “2022-2027 HPPD inhibitor herbicide industry market in-depth research and investment prospect forecast analysis report released by the Industrial Research Center 》 shows that the top HPPD inhibitor herbicides in the world are currently mainly controlled by multinational companies such as Bayer, BASF, and Syngenta. Other companies such as Hokko, Otsuka, Ishihara, Nortox, and DuPont also have HPPD. Inhibitor herbicide-related products are launched. HPPD inhibitor herbicides can be used on a variety of crops such as corn, cereals, rice, and sugarcane. my country is a major agricultural country in the world, and the market for HPPD inhibitor herbicides has broad development space.
After years of development, the HPPD inhibitor herbicide market has matured and the market growth has gradually slowed down. In 2021, global HPPD inhibitor herbicide sales will increase to US$1.56 billion, with an average annual compound growth rate of 2.4 from 2016 to 2021. %about. However, HPPD is currently one of the most important herbicide targets. As research deepens, more new HPPD inhibitor herbicides will enter the market, and the market still has growth potential in the future.
HPPD inhibitor herbicides can be divided into three categories: triketones, pyrazolones, and isoxazolones. The subdivided products include cyclosulfonone, mesotrione, bicyclosulfotrione, furosotrione, Sulfotrione, flumetrazone, pyrazolide, oxazofen, pyrazofen, benzofenazole, isoxazofen, etc., among which mesotrione, isoxazotrazone, cyclosulfonate, isoxazofen Oxazotrazone has a relatively high market share. Mesotrione was developed by Syngenta. my country is a major producer of mesotrione. Domestic mesotrione has been exported to the United States, Brazil, South Africa, Pakistan and other regions.
Industry analysts said that HPPD inhibitor herbicides are one of the main types of herbicides with high activity and herbicidal spectrum. In recent years, with the release of market demand, the HPPD inhibitor herbicide market has developed well. The main products of HPPD inhibitor herbicides are controlled by multinational companies. Leading companies continue to consolidate their market position through technology research and development, product compounding, broadening applications, optimizing processes, and enriching product lines.