Oct 31, 2017   SOURCE: BusinessWire

Herbicides Market - Global Opportunity Analysis And Industry Forecast 2017-2022 - Research and Markets

The "Herbicides Market - Global Opportunity Analysis And Industry Forecast (2017-2022)" report has been added to Research and Markets' offering.

Global herbicides market is expected to reach USD 36,204.6 million by 2022, supported by a CAGR of 6.0% during the forecast period of 2017 to 2022

Global herbicides market is mainly driven by the growing need to increase crop yield and quality, reduction of arable land, advanced agricultural practices and technologies, and increasing crop yield losses due to weeds. However, environmental and human hazards with the use of chemical herbicides, growing organic farming and demand for organic food, and the stringent government regulations hamper the growth of this market to some extent.

Geographically, the global herbicides market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. These regions are further analyzed at a country level with the detailed qualitative and quantitative analysis.

Latin America accounted for the major share in the global herbicides market in 2016, followed by Asia-Pacific, and Europe. The major share of the Latin American region is mainly attributed to the large arable land, increasing demand for crop yield & efficiency, adoption of new farming practices, and increasing crop yield losses due to weeds.

On the other hand, Asia-Pacific region is projected to grow at a fastest CAGR during the forecast period, due to the large area under agriculture cultivation, less stringent regulations, and growing population in the region which increases the use of various pesticides for enhancing crop yield.

Scope of the Report

Market by Type:

  • Biological
  • Chemical
  • Glyphosate
  • Diquat
  • 2,4-D
  • Atrazine
  • Others

Market by Mode of Action:

  • Non-Selective
  • Selective

Market by Formulation:

  • Liquid
  • Solid

Market by Application:

  • Spraying
  • Dusting
  • Soil Treatment
  • Others

Market by Crop Type:

  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Turf & Ornamentals
  • Other Crops

Companies Mentioned

  • ADAMA Agricultural Solutions Ltd
  • Arysta LifeScience Corporation (Platform Specialty Products)
  • BASF SE
  • Bayer CropScience AG
  • Drexel Chemical Company
  • E.I. du Pont de Nemours & Company
  • FMC Corporation
  • Heranba Industries Ltd.
  • Monsanto Company (Part of Bayer)
  • Nufarm Limited
  • Sumitomo Chemical Co. Ltd
  • Syngenta (Subsidiary of ChemChina)
  • UPL Limited

For more information about this report visit https://www.researchandmarkets.com/research/j7l4h5/herbicides_market