Herbicides Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016 to 2021 and Forecast 2022 to 2028

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Herbicides Market: By Type (Chlorophenoxy Acid Herbicides, Triazine Herbicides, Organic Phosphorous Herbicides) By Crop Type (Arable Crops, Permanent Crops ), By Mode of Action (Selective, Contact, Broad Spectrum, Residual, Systemic) By Mode of Application (Soil, Seed, Foliar, Post-harvest) By Formulation (Liquid, Granular, Powder, Others) By Geography (Latin America, North America, Asia Pacific, the Middle East and Africa and Europe) 

 

 

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Report

Description

Herbicides Market size was estimated at USD 29.2 billion in 2021, growing at a CAGR of 6.9% during the forecast period 2022-2028. An increase in demand for food products, a rise in the product yield and quality with reduced chemical hazards, government initiatives taken for sustainable agricultural practices, and an increase in awareness among the farmers about the herbicides are anticipated to propel the herbicides market over the forecast period. Moreover, a wider range of advantages of herbicides, low R&D costs, and easier residue management boost the herbicides market over the forecast timeframe. However, the risk of toxic metabolites by microbes, the high cost of the herbicides, and the lesser availability of products hinder the growth of the herbicides market over the forecast period. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies. Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. The revised report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.

Key Development:

In September 2014, Bayer launched Betanal Quattro, a combination herbicide to control weeds in beet crops.

Herbicides Market

MARKET SUMMARY
-
6.9% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.9%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Europe

Herbicides Market

  • The global herbicides market report gives historical growth, current trends, and future market sizes (US$ Bn) on the basis of type, mode of action, mode of application, crop type, formulation and regions.
  • The herbicides market gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Market Key Players
  • BASF SE (Germany)
  • DuPont (U.S.)
  • Syngenta AG (Switzerland)
  • Monsanto Company (U.S.)
  • FMC Corporation (U.S.)
  • Nufarm Ltd. (Australia)
Drivers And Restraints

Herbicides Market

The adoption of better agricultural techniques and the growth in cereal and grain output, notably in the Asia Pacific region, are the key drivers driving the herbicides market. To meet rising food demand, there has been an increase in overall planted acreage around the world, which has boosted herbicide demand in recent years. Herbicides protect crops from weeds while also promoting their growth. The worldwide herbicide market has been propelled by the creation of novel herbicides with specialised uses, and thanks to technological advancements, this trend is projected to continue during the forecast period.


Asia Pacific got significant share

Herbicides Market

Herbicides Market is segmented as Latin America, Europe, Asia Pacific, North America, and The Middle East and Africa. Asia Pacific herbicides market is led by India and China owing to high consumption of agricultural products, high dependence on agriculture income, and increase in disposable income, presence of large pool of population, growing agriculture exports. North America holds second largest position followed by Europe due to the high inclination towards healthy diet, demand for organic food grains, high awareness regarding healthcare concerns, although strict environment regulatory protocols may restrain the growth of herbicides market in North America and Europe.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market  and forecast
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market.
Segmentation

Herbicides Market


Location

GEOGRAPHY

Frequently Asked Questions

The herbicides market is projected to expand at a CAGR of 6.9% during the forecast period.

Europe is the fastest-growing region for herbicides market

Syngenta AG, FMC Corporation, Monsanto Company, Syngenta AG, Nufarm Ltd.


Report

Table Of Content

1. Executive Summary
2. Global Herbicides Market Introduction
2.1. Global Herbicides Market – Taxonomy
2.2. Global Herbicides Market –Definitions
2.2.1. Type
2.2.2. Mode of Action
2.2.3. Crop Type
2.2.4. Mode of Application
2.2.5. Formulation
3. Global Herbicides Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Herbicides Market Dynamic Factors – Impact Analysis
3.6. Global Herbicides Market – Competition Landscape
4. Global Herbicides Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Herbicides Market, By Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
5.1. Chlorophenoxy Acid Herbicides
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Triazine Herbicides
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Organic Phosphorous Herbicides
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)ion Coatings
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Herbicides Market Forecast, By Mode of Action, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Selective
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Contact
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Broad Spectrum
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Residual
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Systemic
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Herbicides Market Forecast, By Crop Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
7.1. Permanent crops
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Arable crops
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Herbicides Market Forecast, By Mode of Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
8.1. Soil
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Seed
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Foliar
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Post-harvest
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
9. Global Herbicides Market Forecast, By Formulation, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
9.1. Liquid
9.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Granular
9.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Powder
9.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Others
9.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
10. Global Herbicides Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
10.1. North America
10.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
10.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.1.3. Market Opportunity Analysis
10.2. Europe
10.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
10.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.2.3. Market Opportunity Analysis
10.3. Asia-Pacific
10.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
10.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.3.3. Market Opportunity Analysis
10.4. Latin America
10.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
10.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.4.3. Market Opportunity Analysis
10.5. Middle East and Africa
10.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
10.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.5.3. Market Opportunity Analysis
10.6. Global Herbicides Market – Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Region, 2022 – 2028
11. North America Herbicides Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
11.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Chlorophenoxy Acid Herbicides
11.1.2. Triazine Herbicides
11.1.3. Organic Phosphorous Herbicides
11.2. Mode of Action Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Selective
11.2.2. Contact
11.2.3. Broad Spectrum
11.2.4. Residual
11.2.5. Systemic
11.3. Crop Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Permanent crops
11.3.2. Arable crops
11.4. Mode of Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.4.1. Soil
11.4.2. Seed
11.4.3. Foliar
11.4.4. Post-harvest
11.5. Formulation Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.5.1. Liquid
11.5.2. Granular
11.5.3. Powder
11.5.4. Others
11.6. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.6.1. U.S.
11.6.2. Canada
11.7. North America Herbicides Market – Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Country, 2022 – 2028
11.8. North America Herbicides Market Dynamics – Trends
12. Europe Herbicides Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
12.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Chlorophenoxy Acid Herbicides
12.1.2. Triazine Herbicides
12.1.3. Organic Phosphorous Herbicides
12.2. Mode of Action Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Selective
12.2.2. Contact
12.2.3. Broad Spectrum
12.2.4. Residual
12.2.5. Systemic
12.3. Crop Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Permanent crops
12.3.2. Arable crops
12.4. Mode of Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.4.1. Soil
12.4.2. Seed
12.4.3. Foliar
12.4.4. Post-harvest
12.5. Formulation Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.5.1. Liquid
12.5.2. Granular
12.5.3. Powder
12.5.4. Others
12.6. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.6.1. Germany
12.6.2. UK
12.6.3. France
12.6.4. Spain
12.6.5. Italy
12.6.6. Russia
12.6.7. Poland
12.6.8. Rest of Europe
12.7. Europe Herbicides Market – Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Country, 2022 – 2028
12.8. Europe Herbicides Market Dynamics – Trends
13. Asia-Pacific Herbicides Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
13.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Chlorophenoxy Acid Herbicides
13.1.2. Triazine Herbicides
13.1.3. Organic Phosphorous Herbicides
13.2. Mode of Action Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Selective
13.2.2. Contact
13.2.3. Broad Spectrum
13.2.4. Residual
13.2.5. Systemic
13.3. Crop Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Permanent crops
13.3.2. Arable crops
13.4. Mode of Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.4.1. Soil
13.4.2. Seed
13.4.3. Foliar
13.4.4. Post-harvest
13.5. Formulation Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.5.1. Liquid
13.5.2. Granular
13.5.3. Powder
13.5.4. Others
13.6. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.6.1. Japan
13.6.2. China
13.6.3. India
13.6.4. ASEAN
13.6.5. Australia & New Zealand
13.6.6. Rest of Asia-Pacific
13.7. Asia-Pacific Herbicides Market – Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Country, 2022 – 2028
13.8. Asia-Pacific Herbicides Market Dynamics – Trends
14. Latin America Herbicides Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
14.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Chlorophenoxy Acid Herbicides
14.1.2. Triazine Herbicides
14.1.3. Organic Phosphorous Herbicides
14.2. Mode of Action Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Selective
14.2.2. Contact
14.2.3. Broad Spectrum
14.2.4. Residual
14.2.5. Systemic
14.3. Crop Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Permanent crops
14.3.2. Arable crops
14.4. Mode of Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.4.1. Soil
14.4.2. Seed
14.4.3. Foliar
14.4.4. Post-harvest
14.5. Formulation Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.5.1. Liquid
14.5.2. Granular
14.5.3. Powder
14.5.4. Others
14.6. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.6.1. Brazil
14.6.2. Mexico
14.6.3. Argentina
14.6.4. Venezuela
14.6.5. Rest of Latin America
14.7. Latin America Herbicides Market – Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Country, 2022 – 2028
14.8. Latin America Herbicides Market Dynamics – Trends
15. Middle East and Africa Herbicides Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn), Volume (000’ MT)
15.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
15.1.1. Chlorophenoxy Acid Herbicides
15.1.2. Triazine Herbicides
15.1.3. Organic Phosphorous Herbicides
15.2. Mode of Action Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
15.2.1. Selective
15.2.2. Contact
15.2.3. Broad Spectrum
15.2.4. Residual
15.2.5. Systemic
15.3. Crop Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
15.3.1. Permanent crops
15.3.2. Arable crops
15.4. Mode of Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
15.4.1. Soil
15.4.2. Seed
15.4.3. Foliar
15.4.4. Post-harvest
15.5. Formulation Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
15.5.1. Liquid
15.5.2. Granular
15.5.3. Powder
15.5.4. Others
15.6. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
15.6.1. Gulf Cooperation Council (GCC) Countries
15.6.2. Israel
15.6.3. South Africa
15.6.4. Rest of MEA
15.7. MEA Herbicides Market – Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Country, 2022 – 2028
15.8. MEA Herbicides Market Dynamics – Trends
16. Competition Landscape
16.1. Strategic Dashboard of Top Market Players
16.2. Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
16.2.1. The Dow Chemical Company (U.S.)
16.2.2. BASF SE (Germany)
16.2.3. DuPont (U.S.)
16.2.4. Syngenta AG (Switzerland)
16.2.5. Monsanto Company (U.S.)
16.2.6. FMC Corporation (U.S.)
16.2.7. Nufarm Ltd. (Australia)
16.2.8. Platform Specialty Products Corporation (U.S.)
16.2.9. Nissan Chemical Industries Ltd. (Japan)
16.2.10. Drexel Chemical Co.(U.S.)
17. Research Methodology
18. Key Assumptions and Acronyms

Report

Company Profile

  • The Dow Chemical Company (U.S.)
  • BASF SE (Germany)
  • DuPont (U.S.)
  • Syngenta AG (Switzerland)
  • Monsanto Company (U.S.)
  • FMC Corporation (U.S.)
  • Nufarm Ltd. (Australia)
  • Platform Specialty Products Corporation (U.S.)
  • Nissan Chemical Industries Ltd. (Japan)
  • Drexel Chemical Co.(U.S.)

Description

Herbicides Market size was estimated at USD 29.2 billion in 2021, growing at a CAGR of 6.9% during the forecast period 2022-2028. An increase in demand for food products, a rise in the product yield and quality with reduced chemical hazards, government initiatives taken for sustainable agricultural practices, and an increase in awareness among the farmers about the herbicides are anticipated to propel the herbicides market over the forecast period. Moreover, a wider range of advantages of herbicides, low R&D costs, and easier residue management boost the herbicides market over the forecast timeframe. However, the risk of toxic metabolites by microbes, the high cost of the herbicides, and the lesser availability of products hinder the growth of the herbicides market over the forecast period. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies. Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. The revised report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.

Key Development:

In September 2014, Bayer launched Betanal Quattro, a combination herbicide to control weeds in beet crops.

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