Herbicides Industry By Type (Diquat, Glyphosate, 2, 4-D), By Application (Pre-emergent, Post-emergent) By Crop type (Cereals & Grains,Fruits & Vegetables, Oilseeds & Pulses) - Global Market Size Analysis and Forecast 2019-2025

  • Product Code:
    RP-ID-10078274
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    110
  • Category:
    Agriculture
  • Publisher:
    Pub-ID-27

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global Herbicides Industry was valued at USD 24.09 Billion in the year 2017. Global Herbicides Industry is further estimated to grow at a CAGR of 5.64% from 2018 to reach USD 37.34 Billion by the year 2025. North America region holds the highest Industry share in 2017 and South America region is considered as the fastest growing Industry in the forecasted period due to growing demand and rising population. At a country level, the U.S. in North America and Brazil in South America holds the notable Industry share and is projected to grow strongly in the coming years due to the strongly growing agriculture sector and using herbicide as dominant pesticides.

Major market players in Herbicides Industry are The DOW Chemical Company, Syngenta AG, Monsanto Company, Bayer CropScience AG, FMC Corporation, E.I. du Pont de Nemours and Company, Nissan Chemical Industries Ltd., BASF SE, Nufarm Ltd, Sumitomo Chemical, Bioworks Inc., Drexel Chemical Co., and 10 companies detailed information is provided in report. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years. In 2017, BASF collaborated with Monsanto to launch advanced dicamba-tolerant herbicide system with improved dicamba formulations providing farmers the tools they need to combat the yield-robbing weed resistance.

SWOT Analysis of Herbicides Industry:
Strength:
Increasing labor costs and labor shortage
Increasing use of herbicide as weed/undesirable plants control agent
Growing cultivation of genetically modifies (GM) crops
Weakness:
Rising sale of non-genuine products
Stringent environment regulations across the world
Opportunities:
High opportunities in Asia-pacific region
Growing preference for herbicides
Threats:
Low focus on R&D due to high costs
The outbreak of herbicide-resistant weeds

The segmentation is done on is the basis of Type, by application, by crop type, and by region. On the basis of types, the global Herbicides Industry is sub-segmented Diquat, Glyphosate, 2,4-D and others of which the glyphosate segment is expected to hold the highest Industry share during the forecast period due to vide application and high adoption rate of genetically modified (GM) seeds and crops.

Herbicides Industry Segmentation:
By Type
• Diquat
• Glyphosate
• 2, 4-D
• Other

By Application
• Pre-emergent
• Post-emergent

By Crop type
• Cereals & Grains
• Fruits & Vegetables
• Oilseeds & Pulses
• Others

By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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