Herbicides Market more than $1947.94 Million in 2015

Reports And Markets Publish a New Market Research Report On – "Herbicides Market - Growth, Trends and Forecasts (2017 - 2022)"

Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071921-global-herbicides-market-growth-trends-and-forecasts-2017-2022

Request For Sample Report @ https://www.reportsandmarkets.com/sample-request/1071921-global-herbicides-market-growth-trends-and-forecasts-2017-2022

The global herbicides market was $1947.94 Million in 2015 and is expected to reach $XX Million by 2021, registering a CAGR of XX% during the forecasted period from 2016 to 2020. Herbicides constitute the largest category of pesticides accounting for more than 40% of market share. Herbicides are the pesticides that are used to kill unwanted plants or weeds in the agricultural fields. With the rising labor cost and shortage, farmers are inclined to use herbicides.

The most commonly used synthetic herbicides include: 2, 4-D, atrazine, glyphosate, glufosinate ammonium, paraquat, pendimethalin, dicamba, fluroxypyr and metalochlor. However the growth of the market is derived mostly by glyphosate. Glyphosate- under the brand name of Roundup from Monsanto is the widest selling herbicide. It is a broad spectrum, non-selective, systemic herbicide and account for XX% of global non-selective herbicides market. However, many countries are banning the use of synthetic herbicides, in 2015 Germany, France and Switzerland has joined the global glyphosate banning movement.

Health professionals in Brazil and Argentina are also filing petitions for banning this herbicide based products. The herbicide ban movement in EU will lead to slow market growth in this segment. Also, Canada, Brazil, Sri Lanka and the Netherlands are also expected to impose restrictions or bans on glyphosate, the main ingredient in Monsanto’s Roundup weed killer, the most heavily used pesticide in the United States. This will lead to slow down in glyphosate sale, however bioherbicides are offering promising alternatives to synthetic herbicides.

The growing demand and increasing R&D on bioherbicides will derive the market growth of the segment. This market can be broadly segmented into product type-synthetic herbicides and bioherbicides. It also analyzes the global market for herbicides by application area, including Crop-Based Applications (Grains & Cereals, Oilseeds and Fruits & Vegetables) and Non-Crop-Based Applications (Turf & Ornamental Grass and Other Applications). Synthetic herbicides dominate the global scenario in terms of volume consumption and value demand.

By application area, crop-based end-uses of herbicides are likely to maintain the fastest growth in terms of volume consumed and value demand during the similar period, and retain the leading raking in terms of largest application area. Despite being the largest market for Pesticides, demand growth in North America is likely to be the slowest, while South America followed by Asia Pacific are expected to emerge as the fastest growing market.

Major companies covered in the report include American Vanguard, Arysta LifeScience, BASF SE, Bayer CropScience, BioWorks, Cheminova, Chemtura Corp, Chr Hansen, Dow AgroSciences, DuPont, FMC Corp, Isagro SpA, Ishihara Sangyo Kaisha, Makhteshim Agan, Marrone Bio Innovations, Monsanto, Natural Industries, Novozymes A/S, Nufarm Ltd, Sumitomo Chemical, Syngenta AG and Valent Biosciences. The key strategies used by companies in this market are new product registrations, acquisitions to enter new markets. The focus in this industry should be on integrated pest management techniques and sustainable practices for an improved yield without harming the environment.

Key Deliverables in the Study

Market analysis for the global herbicides market, with region specific assessments and competition analysis.

Market definition along with the identification of key drivers and restraints.

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.

Extensively researched competitive landscape section with profiles of major companies along with their market shares.

Identification and analysis of the macro and micro factors that affect the Global Herbicides Market.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.

Check Discount @ https://www.reportsandmarkets.com/check-discount/1071921-global-herbicides-market-growth-trends-and-forecasts-2017-2022

For more information or any query mail at sales@reportsandmarkets.com

About Reports And Markets

Reports And Markets is part of the Algoro Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

Are you mastering your market? Do you know what the market potential is for your product, who the market players are and what the growth forecast is? We offer standard global, regional or country specific market research studies for almost every market you can imagine.

Contact Person

Sanjay Jain

Manager - Partner Relations & International Marketing

info@reportsandmarkets.com

Ph: +1-214-377-1121 (US), +44-020-3286-9338 (UK)

This release was published on openPR.