Aquatic Herbicides Market : Up-To-Date Analysis by 2028 | by BASF SE, Nufarm, UPL

New Jersey, United States - Analysis of Aquatic Herbicides Market 2022 to 2028, Size, Share, and Trends by Type, Component, Application, Opportunities, Growth Rate, and Regional Forecast

The market for Aquatic Herbicides was estimated to be worth USD 470.9 Million in 2016 and is anticipated to increase in value at a CAGR of 6.8% from 2017 to reach USD 696.4 Million by 2022. The goals of this study are to categorize, divide, and estimate the market's size based on product type, application technique, mode of operation, application, and important geographic areas. Aquatic weeds make water bodies less productive for raising fish. Aquatic weeds disrupt irrigation channels and harm pumps and turbines in superthermal power plants, among other things. Aquatic herbicides are substances used to water to prevent the growth of aquatic weeds in lakes, ponds, and swimming pools. Herbicides are generally quicker, simpler, and less expensive than other conventional approaches in controlling aquatic weeds.

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The majority of aquatic herbicides on the market have little mammalian toxicity and are affordable. Despite the fact that they also destroy other aquatic plants, herbicides used primarily to combat algae are sometimes referred to as algaecides. Herbicides, when used correctly, can control vegetation without endangering fish for the majority of aquatic weed problems. Aquatic herbicides are popular and efficient tools for managing aquatic vegetation. The market for aquatic herbicides is anticipated to have a surge in demand due to the growing adoption of weed control techniques and solutions. The expanding use of integrated weed control has mostly been influenced by the market. It is utilised when cost-effective, long-lasting weed control is needed with fewer unfavourable side effects. The market for aquatic herbicides is also being driven by the benefits of employing aquatic herbicides over other forms of treatment, such as manual and mechanical approaches.

Division segment:
According to type, aquatic herbicides are divided into glyphosate, 2,4-D, imazapyr, diquat, and others (fluridone, flumioxazin, and copper & chelated copper). Fields may be sprayed with a herbicide that is poisonous to the weeds but not the species of targeted agricultural or forestry crops in order to lessen the severity of the detrimental impacts of weeds on the yield of those crops. For instance, the widely used herbicide 2, 4-D is poisonous to many broad-leaved (i.e., dicotyledonous) weeds but not to monocotyledonous plants like wheat, maize or corn, barley, or rice, which are all members of the grass family (Poaceae). As a result, the pest plants are selectively eradicated while the growth of the target plant species is maintained.

Through the anticipated time, the glyphosate segment is expected to rule the market. The formulation of glyphosate is less expensive than the mechanical or manual eradication of aquatic weeds, and it also offers long-term control of weeds when compared to other biological and mechanical approaches, making it a significant market segment. According to estimates, the foliar segment will dominate the market since it is quicker and provides better weed coverage than submerged application. The market for foliar herbicides is expected to grow as more herbicides are registered for foliar use.

Regional analysis:
Due to the herbicides' increased efficiency against the weeds in the area, the U.S. is the market leader for aquatic herbicides in North America. On the other hand, United Arab Emirates is the market leader for aquatic herbicides in the Middle East and Africa as a result of the region's expanding fisheries and aquaculture industries. Due to the recent increase in demand for aquatic herbicides for various uses, China now holds a monopoly on the Asia-Pacific aquatic herbicide market.

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Competitive analysis:
Some of the prominent participants operating in the global aquatic herbicides market are BASF SE, Nufarm, UPL, Helena Agri-Enterprises, LLC, BioSafe Systems, Bayer AG, FMC Corporation, Sanco Industries Inc., and ALLIGARE America's VM Specialist, SePRO Corporation.

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