Herbicides Market to 2022 – Growing Steady at 6.25% CAGR and Projected to Reach US$ 39.15 Billion

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ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Herbicides market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

The Global Herbicides Market is estimated at US$ 27.21 Billion in 2016, and is projected at US$ 39.15 Billion by 2022, at a CAGR of 6.25% during the forecast period. The primary factors that drive the herbicides market are adoption of better farming practices and rise in production of cereals & grains, especially in the Asia-Pacific region. The major restraints in the herbicides market are the carcinogenic effect of certain active ingredients used in herbicides.

Top Key Players in the “Herbicides Market” include are
• BASF SE (Germany)
• The Dow Chemical Company (U.S.)
• E.I. du Pont de Nemours and Company (U.S.)
• Monsanto Company (U.S.)
• Syngenta AG (Switzerland)

The Asia-Pacific market is projected to have the highest CAGR during the forecast period considered for the study. The demand for herbicides is growing in the Asia-Pacific region due to the rise in awareness about better crop protection methods and less stringent regulation policies adopted by regulatory bodies. There is also a high demand for generic herbicides adopted by a majority of farmers in different countries in the Asia-Pacific region.

Complete report on Herbicides Market spread across 141 Pages, profiling 10 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=291564 .

Research Coverage
The report provides a picture of the herbicides market across different segments. It aims at estimating the market size and future growth potential of this market across different types, modes of action, crop types, and regions. The report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

The Study Objectives of this report are:

• To provide an analysis of opportunities in the market for stakeholders through the identification of high-growth segments

• To understand the industry trends of the herbicides industry along with a value chain and supply chain analysis

• To define, segment, and measure the herbicides industry in both quantitative and qualitative terms

• To provide a strategic profiling of key players in the herbicides market and a comprehensive analysis of their core competencies

• To analyze the strategies of key players and developments, such as new product launches & product approvals, mergers & acquisitions and strategic alliances, agreements and collaborations, and investments & expansions

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Target Audience
• Herbicides and other pesticides manufacturers/suppliers
• Herbicides and other agrochemical importers/exporters
• End consumers (farmers)
• Intermediary suppliers
• Regulatory bodies
• Research institutes and organizations

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This release was published on openPR.