Press release
Defoliant Market Would Rocket up to USD 26.48 Billion by 2028
Data Bridge Market Research analyses that the Defoliant Market will project a compound annual growth rate (CAGR) of 5.70% during the forecast period. Growth in the demand for food and beverages owing to ever-rising population, rise in production of cereals and grains particularly in the developing economies, and rapidly increasing industry competitiveness are attributable to the growth of defoliant market. This means that the defoliant market value, which was USD 17.00 billion in 2020 will climb up to USD 26.48 billion by the year 2028.Defoliant is a herbicidal chemical that is sprayed on the plants that causes leaves to fall off. In crop harvesting, the defoliants are dusted over the crops such as cotton crops in order to facilitate harvesting. The major aim behind the application of defoliant chemicals over the crops is to get rid of weeds, unrequired vegetation, and other unwanted growing. In other words, the application of defoliant chemicals over the crops results in killing the plants those are not required. Defoliant chemicals are widely used in managing the crop lands and lawns and landscape turf management.
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Rising pressure on global food supply will emerge as the major factor fostering the growth of defoliant market. Rise in venture funding for the development of agricultural products and increasing availability of fertilizers, pesticides, herbicides, and other chemicals are other factors fostering the growth of defoliant market. Growth and expansion of fertilizers industry especially in the developing economies coupled with increasing personal disposable income, will further create lucrative and remunerative growth opportunities for the defoliant market. Rising industrialization and globalization will also carve the way for the growth of the defoliant market.
This defoliant market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on defoliant market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Defoliant Market Scope and Market Size
The global defoliant market is segmented on the basis of product type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on the product type, the defoliant market is segmented into purity 20%, purity 50%, purity 80%, and other.
Based on the application, the defoliant market is segmented into farm land, fruit tree, experiment, and other.
Defoliant Market Country Level Analysis
The global defoliant market is analyses and market size, volume information is provided by country by product type and application as referenced above.
The countries covered in the defoliant market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the agriculture drones market and will continue to flourish its dominance during the forecast period owing to the rising adoption of chemicals and fertilizers for crop protection. Asia-Pacific region is undergoing substantial gains, and the region is set to project the highest CAGR for the forecast period owing to the growing agricultural production and ever-rising population in this region.
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Competitive Landscape and Defoliant Market Share Analysis
The global defoliant market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to defoliant market.
The major players covered in the defoliant market report are BASF SE, Bayer AG, Novozymes, Syngenta, Valent BioSciences LLC, Dow., DuPont, China National Chemical Corporation, FMC Corporation, Drexel Chemical Company, Nissan Chemical Corporation, EuroChem Group, Nufarm Canada, ROTAM., Dormiente, AMVAC Chemical Corporation., ADAMA. And Corteva. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Table of Content: Global Defoliant Market
Part 01: Executive Summary
Part 02: Scope of the Defoliant Market Report
Part 03: Global Defoliant Market Landscape
Part 04: Global Defoliant Market Sizing
Part 05: Global Defoliant Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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About Data Bridge Market Research, Private Ltd
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. "Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve."
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