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Herbicides Safener Global Market Analysis, Trends, Growth, Research And Forecast 2033
Herbicides Safener Global Market
The herbicides safener market size is expected to see strong growth in the next few years. It will grow to $1.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to emergence of new herbicide-resistant weeds, precision agriculture adoption, rising investment in agriculture r&d, stringent regulatory standards, market demand for crop protection solutions. Major trends in the forecast period include advancements in safener technologies, biologicals in weed management, education and awareness programs, customized solutions for different crops, compatibility with diverse herbicides.
Market Overview -
Herbicide safeners refer to chemical compounds that are added to herbicides to protect crops from damage while still allowing effective weed control. It is used to improve the effectiveness of weed control and minimizing the risk of crop damage.
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The Surge In Herbicide Utilization And The Herbicides Safener Market's Growth Trajectory
The increasing use of herbicides is expected to propel the growth of the herbicides safener market going forward. 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. For instance, in May 2023, according to the Eurostat, an EU-based statistical office, in the European Union, 355,175 tons of pesticides were sold in 2021, representing a modest rise of 2.7%. Therefore, the increasing use of herbicides is driving the growth of the herbicides safener market.
Competitive Landscape -
Major companies operating in the herbicides safener market report are BASF SE, Bayer AG, Syngenta AG, Adama Agricultural Solutions Ltd., Arysta LifeScience Corporation, Drexel Chemical Company, Winfield United LLC, Sipcam-Oxon Group, HELM AG, Tenkoz Inc., Subaru Corporation, Corteva Inc., Rainbow Agro Sciences LLC, Helena Agri-Enterprises LLC, Sumitomo Chemical Co. Ltd., American Vanguard Corporation, FMC Corporation, Nufarm Limited, Dow Inc., Nippon Soda Co. Ltd., Rotam CropSciences Ltd., Sinochem Group Co. Ltd., Valent Biosciences Corporation, Zhejiang Wynca Chemical Industry Group Co. Ltd., Kumiai Chemical Industry Co. Ltd., Makhteshim Agan Industries Ltd., Nissan Chemical Industries Ltd., DuPont de Nemours Inc., Gowan Company LLC, Nanjing Red Sun Co. Ltd.
Syngenta Group's Breakthrough Recognition Herbicide Sets New Standards In Weed Control
Product innovation has emerged as a key trend gaining popularity in the herbicide safener market. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in April 2023, Syngenta Group, a Switzerland-based provider of agricultural science and technology launched Recognition herbicide. The herbicide may be used in tank combinations for faster, stronger, and wider-spectrum control, and it can be utilized in broadcast applications. Recognition provides control over forty weeds, including main sedges, dollarweed, clover in St. Augustinegrass, buffalograss, kikuyugrass, and zoysiagrass. Recognization is a novel and interesting control alternative for golf course superintendents, sod farmers, and lawn care operators because its safety on St. Augustinegrass has been positively assessed.
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Key Segments -
The herbicides safener market covered in this report 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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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