Herbicides Market to Witness Steady Growth in 2024: Market Size and Segmentation"

A report by Allied Market Research on the herbicides market provides a detailed analysis of the major elements including size, share, scope, and potential opportunities of the industry. It offers valuable information to assist businesses identify opportunities and understand risks in the landscape. As per the research report the market is predicted to acquire a value of $7,998.9 million by 2025, exhibiting a remarkable CAGR of 4.8%.

The study further provides a thorough analysis of the market, discussing the factors expected to stimulate growth. Utilizing business analytical tools such as Porter's Five Forces model or SWOT analysis, the report presents a reliable collection of data, statistics, and infographics, serving as a valuable resource for businesses seeking effective strategies.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/528

Major Competitors in the Market Landscape

The report conducts an in-depth evaluation of leading companies and their performance. To sustain their positions in the industry, these companies have taken part in strategic actions such as acquisitions, joining forces, forming partnerships, collaborations, and introducing new products.

Top players profiled in the market report are:

SYNGENTA

ADAMA AGRICULTURAL SOLUTIONS LTD.

FMC CORPORATION

BASF SE

DOWDUPONT

SUMITOMO CHEMICAL CO., LTD.

WILBUR-ELLIS HOLDINGS, INC

NISSAN CHEMICAL CORPORATION

NUFARM LIMITED

BAYER AG

Herbicides Market Highlights & News

In June 2023, Crystal Crop Protection Ltd. introduced a new herbicide called Sikosa to help protect paddy crops from weeds and improve yields. Sikosa was developed in partnership with Battelle in the UK, and Mitsui AgriScience International (MASI). The company argues that Sikosa efficaciously control different types of weeds in paddy fields, including narrow-leaf and broad-leaf weeds, as well as sedges.

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In July 2023, ADAMA launched two new products, CLEARFIELD herbicides, a broad-spectrum solution and DAVAI A PLUS™, designed specifically for imidazolinone-tolerant legumes such as peas, lentils, and soybeans.

In May 2023, Godrej Agrovet Ltd. (GAVL) launched PYNA, its umbrella brand for specific cotton herbicides. The PYNA brand sells three herbicide products for weed management including Hitweed, Hitweed Maxx, and Maxxcott. They are deployed in cotton fields.

Regional Outlook

The global herbicides market is assessed across major regions such as North America, Latin America, Europe, Asia-Pacific, the Middle East, and Africa. This thorough analysis helps businesses understand the demographic, technological, and cultural aspects influencing market growth in each region. In the industry, North America is anticipated to remain the leading consumer of herbicides until 2025, due to the trend of early technology adoption in the developed countries across the province. It is worth noting that the application of herbicides is not limited to the agricultural sector in this region. Besides, they are also used for weed management in lawns and forests. Moreover, North America's herbicides share is expected to make progress throughout the forecast period. Simultaneously, Asia-Pacific and North America are estimated to be the fastest-growing markets, with CAGRs of 3.9% and 6.5%, respectively, from 2018 to 2025.

To conclude, the Allied Market Research report on the landscape of herbicides is valuable for businesses and stakeholders as it provides insights into market estimate, profitable opportunities, and competitive strategies. It also helps in identifying strategic moves, understanding regional trends, and making informed decisions to utilize business potential and manage risks effortlessly.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/herbicides-market/purchase-options

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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