Herbicides Market is expected to reach USD 36.85 billion by 2021 with a CAGR of 6.25 %.

According to the report on Herbicides Market, published by Market Data Forecast, the global market is projected to reach USD 36.85 Billion by 2021, at a CAGR of 6.25% from 2016 to 2021.

Weed is a plant considered undesirable, unattractive or troublesome, especially are growing where it is not wanted. These unwanted plants grow in the fields where they compete with the crop for water, soil nutrients, light and space, interfere with irrigation and harvesting operations and finally reduce the crop yields. Weeds also cause several diseases in human beings and animals. They also harbour insect pests and diseases. A recent estimate by the Directorate of Weed Science Research, Jabalpur showed that weeds account for 37% of the total- annual loss in productivity, with a range from 20 to 100% in different crops /situations.

An herbicide is a type of pesticide used to kill unwanted plants like weeds. Selective herbicides kill certain targets while leaving the desired crop or crops relatively unharmed. Some of these act by interfering with weed growth and are often based on plant hormones. Herbicides that are used to clear waste ground are non-selective and kill all plant material they come into contact with. Herbicides are mainly used in agriculture and in landscape turf management. They are applied in total vegetation control (TVC) systems for maintenance of highways and railroads. Smaller quantities of herbicide are also used in forestry, pasture systems, and management of areas set aside as wildlife habitat. Most herbicides decompose rapidly in soils but other types have more persistent characteristics with longer environmental half-lives.

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Herbicides Market: Drivers & Restraints
The Herbicides market growth is likely to propagate in the future as per current trends of increase in the demand for agricultural products. The ever diminishing amount of arable land available to us has led to no other option but to increase the productivity of the land in use for agriculture now. This demand for increase in production has led to demand for not only herbicides but other agrochemicals like fertilizers and pesticides as well. Rising levels of malnutrition, especially among children have also prompted many government initiatives and support for farmers to invest in agrochemicals for better yield. High investments by multinational companies and many technological advancements have been spotted and show a promising future outlook for the market.

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Herbicides Market: Segmentation
By Type
• Synthetic Herbicides
• Glyphosate
• 2,4-D Diquat
• Others
• Bio-Herbicides
By Crop Type
• Cereals & Grains
• Oilseeds and Pulses
• Fruits & Vegetables
• Others
By Mode of Action
• Selective
• Non-Selective

From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/global-herbicides-market-2004/customize-report

Herbicides Market: Overview
The major stakeholders in the herbicides market include Herbicide and other agrochemical importers or exporters, manufacturers, suppliers, farmers, Research institutes, and agrochemical regulatory bodies. The value chain of herbicides market begins with research & development and product development, in which the prototype is synthesized and extracted from the raw material. It also includes environmental and biological testing, followed by safety trials. This testing and safety trial stage is followed by the registration of the product.

Bio-herbicides are the rising trend in the herbicides market. With synthetic fertilizers and glyphosate products being banned in several countries all around the world for the harmful effects it could have, not only on the soil but to people who consume the agricultural products as well, people are trying to shift to the safer and eco-friendly bio-herbicides which will be a step towards total sustainable agriculture.

Herbicides Market: Region-wise Outlook
Geographically, the market is segmented into the regions of Asia-Pacific, Europe, Latin America, North America and Middle East and Africa. Latin America dominated the global market for herbicides in 2015 owing to the emergence of Latin American countries as Agricultural Powerhouses. The herbicide ban movement in EU will probably lead to slow market growth in this segment. Also, Canada, Sri Lanka, Brazil, and the Netherlands are also expected to impose restrictions or bans on glyphosate, the main ingredient in Monsanto’s Roundup weed killer, the most heavily used pesticide in the United States, which might also restrict market growth, but the rising use of bio-herbicides and the new organic products being developed might be the salvation the market needs

Key Questions Answered
• What is the current and future Herbicides market outlook in North America? What trends are affecting the North American market?
• What is the competitive landscape and market share of major players in the Herbicides market in Latin America?
• What are the key market segments that currently occupy the highest market share? Which market segments are growing the fastest?
• What challenges are restraining the growth of the Herbicides market? How will emerging technologies answer these challenges?
• When will Bio-Herbicides start becoming as easily available as synthetic ones?
• Which countries will be next to ban Synthetic herbicides? And how will it affect the market?

Herbicides Market: Key Players
Major companies covered in the report include American Vanguard, Arysta LifeScience, BASF SE, Bayer CropScience, BioWorks, Cheminova, Chemtura Corp, Chr Hansen, Dow AgroSciences, DuPont, FMC Corp, Ishihara Sangyo Kaisha, Makhteshim Agan, Marrone Bio Innovations, Monsanto, Natural Industries, Novozymes A/S, Syngenta AG and Valent Biosciences. The key strategies currently used by companies in this market to boost revenue are new product registrations and acquisitions to enter new markets. The focus of this industry should be on integrated pest management techniques and sustainable practices for an improved yield without harming the environment.

Reasons to buy Herbicides Market Report:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

Checkout other related studies in the Agrochemicals Segment:

Bio-Fertilizers market: http://www.marketdataforecast.com/market-reports/global-biofertilizers-market-1363/

Bio-Pesticides market: http://www.marketdataforecast.com/market-reports/global-bio-pesticide-market-484/

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