Herbicides Market Acquisition, Size Estimation, New Investment Opportunities, Statistics, Overview, and Forecast till 2030
The global herbicides market size was USD 36.93 Billion in 2021 and is expected to register a revenue CAGR of 6.09% during the forecast period. Shortage of workers for hand weeding crop fields in various emerging countries, such as China, India, and Bangladesh, owing to rapid urbanization where majority of individuals are migrating to urban areas, is another factor increasing demand for herbicides. Various benefits of herbicides compared to tillage, such as reduced erosion, greenhouse gas emissions, fuel usage as well as nutrient runoff, are contributing to growth of the market.
Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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The Global Herbicides Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position.
Key Players Profiled in the Report are:
UPL, BASF SE, Bayer AG, DuPont, ADAMA, Syngenta, FMC Corporation, Drexel Corporation, Sumitomo Chemical Co., Ltd., and Nufarm.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key Objectives of the Report:
- Analysis and estimation of the Herbicides market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Herbicides market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Emergen Research has segmented the global herbicides market based on type, application, mode of action, and region:
-
Type Outlook (Revenue, USD Billion; 2019-2030)
- Synthetic
- Bio-based
-
Application Outlook (Revenue, USD Billion; 2019-2030)
- Pulses & Oilseeds
- Grains & Cereals
- Commercial Crops
- Fruits & Vegetables
- Turf & Ornamentals
- Others
-
Mode of Action Outlook (Revenue, USD Billion; 2019-2030)
- Selective
- Non-selective
Regional Analysis of the Herbicides Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Overview:
The research report on the Herbicides market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Herbicides business sphere.
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