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Herbicides Safener Market Analysis 2023: Market Size, Share< Trends Demand And Forecast 2032 | BASF SE, Bayer AG, Syngenta AG, Adama Agricultural Solutions Ltd., Arysta LifeScience Corporation
Herbicides Safener Market
The Business Research Company's Herbicides Safener Global Market Report 2023 identifies increasing use of herbicides as the major driver for the Herbicides Safener market's growth in the forecast period. Herbicide refers to a type of pesticide that is used to kill or control unwanted plants and weeds. The herbicides are mostly driven by herbicide-resistant weeds, demand for higher crop yields, and improper application of herbicides, where herbicide safeners are used to protect crops from the damaging effects of the herbicides.
The global herbicides safener market size is expected to grow from $1.17 billion in 2022 to $1.26 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The herbicides safener market size is expected to reach $1.65 billion in 2027 at a CAGR of 7%.
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Major competitors in the Herbicides Safener market are BASF SE, Bayer AG, Syngenta AG, Adama Agricultural Solutions Ltd., Arysta LifeScience Corporation.
A key trend in the Herbicides Safener market includes technological advancement. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in October 2020, HELM Agro, a US-based agricultural company, launched a new herbicide safener product named Reviton, a PPO-inhibitor herbicide for the pre-plant burndown. The product is specifically designed to target weeds in a variety of crops such as soybean, cotton, and other key crops. This innovative product is formulated to provide effective and long-lasting control of a wide range of weeds and it contains two active ingredients, glufosinate and s-metolachlor, which work together to control both emerged and underground weeds.
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The Herbicides Safener market is segmented -
1. By Type: Benoxacor, Furilazole, Dichlormid, Isoxadifen, Other types
2. By Crop: Corn, Soybean, Wheat, Sorghum, Rice, Other crops
3. By Herbicide Selectivity: Selective Herbicides, Non-selective Herbicides
4. By Application Stage: Pre-emergence, Post-emergence
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. South America was the largest region in the Herbicides Safener market.
The Business Research Company's "Global Herbicides Safener Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Herbicides Safener Market Include:
1. Executive Summary
2. Herbicides Safener Market Characteristics
3. Herbicides Safener Market Trends And Strategies
4. Herbicides Safener Market - Macro Economic Scenario
5. Herbicides Safener Market Size And Growth
……
26. Africa Herbicides Safener Market
27. Herbicides Safener Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Herbicides Safener Market
29. Herbicides Safener Market Future Outlook and Potential Analysis
30. Appendix
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