HERBICIDES MARKET 2019 Industry Survey, Growth, Competitive Landscape and Forecasts to 2024
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HERBICIDES MARKET 2019 Herbicides Market 2019: Industry Survey, Growth, Competitive Landscape and Forecasts to 2024 Growing acceptance of modern farming is adding fuel to the growth of Herbicides Market. Owing to the improved efficiency of crops through herbicides, major players are investing in research and development which is further boosting the growth of global herbicides market. However, hazards associated with synthetic herbicides have led to several stringent regulations on the use of herbicides which may hamper the growth of herbicides market. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 5.9% of herbicides market during the forecast period 2017-2024. Herbicide is a chemical substance used to control or manipulate undesirable vegetation, especially weeds. Herbicides are either pre-plant, preemergent or post- emergent. Post emergent are further classified into selective herbicides which kill specific unwanted plants while leaving desirable vegetation relatively unharmed and non-selective herbicides which kill all or most plant species. They can be applied directly to the plant, applied to the soil, or sprayed onto the foliage. The most commonly used herbicides include Glyphosate, 2, 4-D, Atrazine, Dicamba, Diquat, Acetochlor, and others. They are used in oilseeds & pulses, cereals & grains, fruits & vegetables, and others.
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HERBICIDES MARKET 2019
Intended Audience: •
Herbicides manufacturers
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Pesticides manufacturers, suppliers, and traders
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Agricultural associations
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Raw material suppliers
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Retailers and wholesalers
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Traders, importers, and exporters
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Herbicides MARKET 2019 Regional Analysis The global herbicides market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific dominates the market and is projected to witness substantial growth over the estimated period. India and China which are two of the largest countries in terms of population are majorly contributing the growth of herbicides in this region. North America is the second largest consumer for herbicides. However, stringent environmental regulations in the developed economies of North America and Europe are expected to restraint market growth in these regions. Bio based herbicides are expected to offer huge growth opportunity in North America and Europe. For rest of the world, South America is projected to witness high growth owing to increasing demand for crops in this region.
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HERBICIDES MARKET 2019 Application & Major Players in this Research: Herbicides Market Prominent Players:
BASF SE (Germany), The Dow Chemical Company (US), Monsanto Company (US), FMC Corporation (US), Bayer AG (Germany), Agrium Inc (Canada), PI Industries (India), Syngenta AG (Switzerland), Element Solutions Inc (US), Nufarm Limited (Australia), Nissan Chemical Industries Ltd. (Japan), Drexel Chemical Company (US), ADAMA Ltd. (Israel), Kenvos Bio (China), and UPL (India) are some of the key players in the global herbicides market.
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