Feb 6, 2019   SOURCE: BusinessWire

Global Herbicides Market Outlook, 2019-2023; Dominated by BASF, Bayer, DowDuPont, ICL, Nutrien, and Syngenta - ResearchAndMarkets.com

The "Global Herbicides Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The herbicides market will register a CAGR of over 6% by 2023.

Increasing adoption of bio-herbicides to drive market growth

Bio-herbicides are generally bacterial, fungal and viral formulations which help kill weeds and harmful pests. They create minimal residue and ensure rare resistance development and exceptional activity. They reduce the dependency on chemical pesticides and are extremely environment-friendly. These advantages of bio-herbicides make them a preferred choice for farmers to increase yield by killing weeds, insects and unwanted pests.

Increasing population and the ever-rising demand for food

With rapid population growth and drastic decline in limited cultivable land, emerging economies such as India and China are facing intense pressure to ensure food security. This has resulted in the extensive use of eco-friendly and safe agricultural products, to increase crop yield and reduce crop damage due to weeds and insects. As consumers are aware of the outcomes of the excessive use of highly productive chemicals, the demand for environmentally friendly agricultural products and herbicides will promote market growth during the forecast period.

Environmental and health effects of herbicides

Compared with the alternate weeding processes, such as mechanical weeding by hand or machine, herbicides are less expensive and offer faster results. However, the excessive use of herbicides or improper use of herbicides results in crop damage, a reduction in soil fertility, and reduces crop yield. Herbicides might cause harm by causing acute poisoning during mild- or long-term exposure.

Key Players

  • BASF
  • Bayer
  • DowDuPont
  • ICL
  • Nutrien
  • Syngenta

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Comparison by application
  • Cereals and grains - Market size and forecast 2018-2023
  • Oilseeds and pulses - Market size and forecast 2018-2023
  • Fruits and vegetables - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: MARKET SEGMENTATION BY CHEMICAL

  • Comparison by chemical
  • Glyphosate - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by chemical

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

  • Increasing adoption of bio-herbicides
  • Increasing use of dicamba
  • Increasing mergers and acquisitions

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BASF
  • Bayer
  • DowDuPont
  • ICL
  • Nutrien
  • Syngenta

For more information about this report visit https://www.researchandmarkets.com/research/frzk4c/global_herbicides?w=4