Aquatic Herbicides Market Size, Share, Analysis, Trends, Growth Report, 2032

Herbicides Market Insights

Zion Market Research has published a report on the global Herbicides Market, estimating its value at USD 32.11 Billion in 2023, with projections indicating that it will reach USD 55.37 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 6.24% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Herbicides industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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The report analyzes the global aquatic herbicides market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the aquatic herbicides industry. 

The report covers a forecast and an analysis of the aquatic herbicides market on a global and regional level. The study provides historical data for 2018 and 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million) and volume (Tons). The study includes drivers and restraints for the aquatic herbicides market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the aquatic herbicides market on a global level.

The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launches, agreements, partnerships, collaborations & joint ventures, research& development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolios of various companies according to regions.

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In order to give the users of this report a comprehensive view of the aquatic herbicides market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Aquatic Herbicides Market: Overview

Herbicides are a pesticide type that is utilized for weed control purposes in farming, i.e., they are used to suppress or kill the unwanted plants. Aquatic herbicides are used to restrict the growth of weeds and other unwanted vegetation in water bodies. These herbicides are approved by the regulatory bodies and other organizations that solely focus on sustainability. There are mainly two types of aquatic herbicides—elective and non-selective. Selective herbicides target specific weeds and restrict their growth without harming other aquatic vegetation and micro-organisms. On the other hand, non-selective herbicides restrict the growth of all plants including weeds.

Aquatic Herbicides Market: Growth Factors

The rising adoption of weed control is the primary factor that is likely to drive the global aquatic herbicides market growth in the future. Aquatic herbicides are utilized when long-lasting weed control becomes obligatory at low costs coupled with less negative effects on aquatic life. The benefits of using aquatic herbicides include the introduction of weed eating fishes, insects, and other micro-organisms. This, in turn, is anticipated to further fuel the aquatic herbicides market globally over the estimated timeframe. In addition, the expansion of aquaculture farms is expected to positively impact the aquatic herbicides market globally in the upcoming years. Aquaculture farmers are the end-users of aquatic herbicides. Furthermore, the growing inclination of organic farming among aquaculture farmers is projected to provide significant growth opportunities for the market. However, the time–consuming process of getting approval for the herbicides usage may hinder this market’s growth in the future.

Herbicides Market: Report Scope

Aquatic Herbicides Market: Segmentation

The study provides a decisive view of the aquatic herbicides market by segmenting the market based on type, method, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This segmentation includes the demand for the aquatic herbicides market based on all the segments in all the regions and countries.

Aquatic Herbicides Market:  Competitive Space

Some key players operating in the global aquatic herbicides market include

• Albaugh
• BASF SE
• Land O'lakes
• DOW Chemical
• Lonza
• Monsanto
• Nufarm
• Fluridone
• Syngenta
• Sanco Industries
• among others.

This report segments the global aquatic herbicides market as follows:

Global Aquatic Herbicides Market: Type Analysis

• Glyphosate
• 2,4-D
• Imazapyr
• Others

Global Aquatic Herbicides Market: Method Analysis

• Foliar
• Submerged

Global Aquatic Herbicides Market: Application Analysis

• Agricultural Water
• Recreational Water
• Fisheries

Global Aquatic Herbicides Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa