Herbicide Market Size, Share and Forecast (2019-2026)

SKU: DAG127 | Last Updated On: 2019-09-04 | No. of Pages: 217 | Available Formats

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In March 2019, Atanor SCA launched new formulation plant in Argentina for TRAC 90 WG. This new plant possesses immense potential to meet the market demand as well as exports.

Market Overview

Herbicides prevents or eliminates weeds and thus replace or reduce manual and mechanical weeding. It provides more effective and economic means of weed control than cultivation, hoeing and hand pulling. Herbicide usage is high in major agricultural producing nations such as Australia, United States, Brazil, India and China with minimum availability of labour and high wage rates. With an approximate volume share of 48% in global pesticides market, herbicides evolved as the largest consumed crop protection pesticide across the globe.

The global herbicide market valued USD XX million in 2018 and expected to grow at a CAGR of XX% to reach a market value of USD XX million by 2026.

Global Herbicides Market Value (USD Million), 2018-2026

**Source: DataM Intelligence Analysis (2019)

Market Dynamics:

The growing need for improving agricultural yield owing to surging food demand and reducing arable land is the major factor driving the global herbicide market. Arable land is constantly declining with urbanization, soil degradation, climatic changes, and some other factors. This has resulted in need for enhancing agricultural productivity, thereby driven the use of effective farming materials. Moreover, the growing need for pest management in agriculture owing to quality concerns of agricultural produce is further boosting the demand for herbicides across the globe. Additionally, increasing labour cost and labor shortage are also supporting the growth of the global herbicide market.

However, stringent government regulations imposed over the usage of specific herbicides due to their adverse environmental and human health effects is the major factor hindering the growth of global herbicide market

Segmentation Analysis

Glyphosate segment dominated the global market owing to its extensive usage in agricultural production and its advantages such as low cost and high efficiency over other herbicides. Glyphosate was extensively used in the production of corn, soybean and wheat crops. Glyphosate accounted for nearly 30% percent market share in 2017. The glyphosate herbicides market is attaining investments into research activities that are aimed at reducing the adverse environmental effect of these chemicals. In June 2019, Bayer AG, a global player in crop science and chemicals agents invested approximately USD 5.6 billion in weed killer research to reduce its environmental foot print by 30% by 2030. Evolution of GM glyphosate resistant crops is expected to provide growth opportunities for glyphosate-based herbicides. According to FOE (Friends of the Earth Europe), introduction of GM glyphosate resistant sugar beet, maize, and soybean might increase the usage of glyphosate by 800% between 2017 and 2025.

Global Herbicide Market Share (%), By Product Type

**Source: DataM Intelligence Analysis (2019)

Geographical Presentation

Asia-Pacific is dominating the global herbicide market owing to large scale utilization of herbicides in wheat, corn, rice, and other crops. The declining availability of agricultural labor and shift towards precision farming practices is resulting in rapid transition of manual weed control towards crop protection chemicals. India and China are leading the herbicide consumption in this region and are expected to hold their dominance over the forecast period. According to the Chinese government, the market growth for herbicides in China is expected to increase by 3% from 2017.

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**Source: DataM Intelligence Analysis (2019)

Competitive Analysis

The global herbicide market is consolidated with major market players such as Syngenta AG, Bayer AG, BASF SE, and Dow Agrosciences occupying 70% of global market share.

  Development of new herbicide formulations and establishment of new production facilities are the major strategies adopted by agrochemical manufacturers to increase their foothold in the market. The market has witnessed launch of high-performance herbicides that has enhanced chemical efficiency over weed control.

  • In March 2019, Atanor SCA launched new formulation plant in Argentina for TRAC 90 WG. This new production plant posse’s immense potential to meet the market demand as well as exports.
  • In September 2018, HELM Agro US received EPA registration for FEARLESS and FEARLESS extra herbicides, and acetochlor-based weed control tools for corn.
  • In June 2018, BASF SE launched pre-emergent and residual herbicide Zidua for Argentinean farming.
  • In April 2017, UPL Ltd., a global leader in crop protection launched two new crop protection herbicides MOCCASIN, and SHUTDOWN in the United States. These products are designed to wide spectrum of crops including soybeans, cotton, peanuts, potatoes, sugar beets and corn.

Why Purchase the Report?

  • Visualize the composition of the global herbicide market in terms of various types of selectivity, product types, time of application and crop types highlighting the key commercial assets and players.
  • Identify commercial opportunities in global herbicide market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of global herbicide market - level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

Target Audience

  • Investors/Investment Bankers
  • Research and Academic Institutes
  • Crop Protection Associations
  • Agrochemical Manufacturers
  • Farming Communities
  1. Herbicide Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Herbicide Market – Market Definition and Overview

  3. Herbicide Market – Executive Summary

    1. Market Snippet by Selectivity
    2. Market Snippet by Product Type
    3. Market Snippet by Time of Application
    4. Market Snippet by Crop Type
    5. Market Snippet by Region
  4. Herbicide Market Dynamics

    1. Market Impacting Factors
      1. Drivers
      2.  Restraints
      3. Impact Analysis
    2. Opportunity
  5. Herbicide Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Regulatory Analysis
  6. Herbicide Market – By Selectivity

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Selectivity
      2. Market Attractiveness Index, By Selectivity
    2. Selective Herbicides*
      1. Introduction
      2. Market Size Analysis, US$ Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Non-Selective Herbicides
  7. Herbicide Market – By Product Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      2. Market Attractiveness Index, By Product Type
    2. Glyphosate*
      1. Introduction
      2. Market Size Analysis, US$ Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Acetochlor
    4. 2,4-D
    5. Atrazine
    6. Dicamba
    7. Others
  8. Herbicide Market – By Time of Application

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Time of Application
      2. Market Attractiveness Index, By Time of Application
    2. Pre-Plantation*
      1. Introduction
      2. Market Size Analysis, USD Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Pre-Emergent
    4. Post Emergent
  9. Herbicide Market – By Crop Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      2. Market Attractiveness Index, By Crop Type
    2. Cereals & Grains*
      1. Introduction
      2. Market Size Analysis, USD Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Oilseeds & Pulses
    4. Fruits & Vegetables
    5. Others
  10. Herbicide Market - By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Selectivity
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Time of Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Selectivity
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Time of Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Selectivity
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Time of Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Selectivity
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Time of Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Selectivity
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Time of Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
  11.  Herbicide Market Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  12. Herbicide Market Company Profiles

    1. Syngenta AG*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. BASF SE
    3. Bayer AG
    4. Dow Agrosciences
    5. Atanor SCA
    6. FMC Corporation
    7. Nufarm
    8. Arysta Lifesciences
    9. Sumitomo Chemical
    10. Nissan Chemical Corporation

  13. Herbicide Market – Premium Insights

  14. Herbicide Market – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us
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