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(MoneyNewsWire.Net, October 12, 2017 ) Herbicides Market was worth USD 27.21 billion in 2016 and is expected to reach USD 36.85 billion by 2021 with a CAGR of 6.25 %.
Herbicide is a type of pesticide that is used to control weeds or undesirable plants while leaving the desired crop unharmed. There are various types of herbicide based on type and Mode of Action. Based on Mode of Action, Herbicides Market size is divided into Selective and Non-Selective. Selective Herbicides are used for agricultural purposes to kill unwanted plants while leaving the agricultural crops unharmed. Non-Selective Herbicides are used in Waste lands or construction sites to completely clear plant material.
Browse market data tables and in-depth TOC of the Global Herbicides Industry to 2021 @ http://www.marketdataforecast.com/market-reports/global-herbicides-market-2004/
Rising Demand for high agricultural productivity, increasing Populace and rising disposable income are some of the factors driving the market. However, Synthetic Herbicides cause so many environmental hazards which resulted in stringent regulations on the use of Herbicides. These regulations are one of the major factors restraining the market.
Herbicides Market is segmented on the basis of Type, Crop Type, and Mode of Action. On the basis of Type, market is segmented into Synthetic and Bioherbicides. Further on the basis of Synthetic Herbicides, market is further segmented into Glyphosate, 2, 4-D, Diquat, Others. On the basis of Crop Type, market is segmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others. On the basis of Mode of Action, market is further segmented into Selective, Non-Selective. Cereals and Grains segment accounted for highest share in the market owing to the increased consumption in diets.
Geographically, market is segmented into Asia-Pacific, Europe, Latin America, North America and Middle East and Africa. Latin America dominated the global market in 2015 owing to the emergence of Latin American countries as Agricultural Powerhouses.
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The Major Players listed in the Report are BASF SE, The Dow Chemical Company, E.I. du Pont de Nemours & Company, Monsanto Company, and Syngenta AG, FMC Corporation, Platform Specialty Products Corporation, Nufarm Ltd., Nissan Chemical Industries Ltd., and Drexel Chemical Co.
Market Segmentation
1) Type
Introduction
Synthetic Herbicides
Glyphosate
2, 4-D
Diquat
Others
Bioherbicides
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
2) Crop Type
Introduction
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
Y-o-Y Growth Analysis, By Crop Type
Market Attractiveness Analysis, By Crop Type
Market Share Analysis, By Crop Type
3) Mode of Action
Introduction
Selective
Non-Selective
Y-o-Y Growth Analysis, By Mode of Action
Market Attractiveness Analysis, By Mode of Action
Market Share Analysis, By Mode of Action
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Reasons to buy Global Herbicides Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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