Press release
Global Aquatic Herbicides Market is expected to reach USD 698.22 billion by 2027 at a CAGR 6.5%
Global Aquatic Herbicides Market was valued at USD 485.9 billion in 2019 which is expected to reach USD 698.22 billion by 2027 at a CAGR 6.5%.Aquatic herbicides are used to control unwanted vegetation growth in water. These are approved to use in water. Also, aquatic herbicides are helpful to control the growth of weeds in water bodies. Aquatic herbicides enter the plant via roots and leaves and target the physiological process in plants. Aquatic herbicides inhibit enzymes which are involved in synthesis of amino acid.
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Market Drivers
Rise in demand for high agricultural productivity to meet the global food demands which are expected to boost the global aquatic herbicides market growth. Further, surge in population and increase in disposable income of developing region such as Asia Pacific will increase the demand for herbicides will have the positive impact on global aquatic herbicides market growth. Moreover, decrease in number of labors, consequent rise in cost of shortage of labors and shortage of arable lands will fuel the global aquatic herbicides market growth.
Market Restraints
However, rise in healthcare & environment concerns associated with synthetic herbicides are the major restraining factor which is expected to global aquatic herbicides market growth. Also, stringent rules and regulation regarding use of herbicides will affect the growth of global aquatic herbicides market.
Market Key Players
Various key players are discussed in this report such as Sepro Corporation, Platform Specialty Products, UPL, Land O'lakes, Lonza, Nufarm, Syngenta, Monsanto, BASF, and DOW Chemical.
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Market Taxonomy
By Type
• Triclopyr
• Diquat
• Imazapyr
• 2,4 –D
• Glyphosphate
By Application Method
• Foliar
• Submerged
By Application
• Agricultural Waters
• Fisheries
• Recreational Waters
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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