Pune, Maharashtra -- (SBWIRE) -- 12/12/2019 -- Herbicides Market 2019

Description: -

The global herbicide market is anticipated to gain fast-paced mushrooming over the defined forecast period. Herbicides refer to a sub-category of pesticides that are specifically used for controlling the unwanted plants from growing during cultivation. Herbicides are also known as weedkillers and are available in two types, namely, selective and non-selective herbicides. Selective herbicides are expected to control specific weed species, leaving the desired crop unharmed. Alternatively, non-selective herbicides are used for clearing industrial and construction sites, railway bridges and railways as they kill all plants when in touch.

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Major Key Players

- BASF SE (Germany)
- The Dow Chemical Company (U.S.)
- Monsanto Company (U.S.)
- FMC Corporation (U.S.)
- Bayer AG (Germany)
- Agrium Inc (Canada)
- PI Industries (India)

Herbicides are used to improve the agricultural productivity through killing off unwanted herbs and weeds in the plantation. Hence, a rise in the demand for high agricultural productivity for meeting the global food demands is majorly driving the growth of the herbicides market. Additionally, a surge in the population of the world and mounting disposable income of consumers residing in developing nations are also contributing to the mushrooming demand for herbicides. However, synthetic herbicides are hazardous, which has led to the introduction of strict regulations. This is poised to challenge the true growth potential of the global herbicides market in the forthcoming years.

These regulations have, on the other hand, fostered a higher inclination towards the use of bio-based herbicides. For meeting stringent government regulations, and for augmenting the efficiency of herbicides, many market vendors are anticipated to invest heavily in the research and development activities for the introduction of new and differential herbicides in the market. The chemical industry is noted to shift gradually towards the use of bio-based chemicals and away from synthetic chemicals to support the environment preservation movement prevalent all over the globe. Biocides are observed to be fast and highly effective for the controlling of over a thousand weed species.

Market Segmentation

The global herbicides market has been analyzed for various market segments that are carried out on the basis of active ingredients, type, method, application, and region. Based on active ingredients, the global herbicides market is segmented into glyphosate, 2, 4-D, Atrazine, Dicamba, Diquat, and Acetochlor. Based on type, the global herbicides market is studied for the segments of pre-plant, pre-emergent, and post-emergent herbicides. Based on method of application, the global herbicides market is segmented into oil and foliar. Based on application, the herbicides market is segmented into cereals and grains, fruits and vegetables, and oilseeds and pulses.

Detailed Regional Analysis

Based on region, the global herbicides market is segmented into North America, South America, Asia Pacific, Europe, and the Middle East & Africa. North America is anticipated to pose as the largest shareholder of the market during the forecast period. This upsurge can be accredited to the early adoption of latest technologies in the region. Further, the application of herbicides in this region is not limited to the agricultural fields, but is also used for the management of weed in lawns and forests.

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Table of Contents – Major Key Points

Chapter 1. Methodology And Scope
Chapter 2. Executive Summary
Chapter 3 Herbicides Market Industry Insights
Chapter 4 Herbicides Market By Active Ingredients Insights
Chapter 5 Herbicides Market By Type Insights
Chapter 6 Herbicides Market By Method Of Application Insights
Chapter 7 Herbicides Market By Application Insights

Continued….

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