Herbicide Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2027

Posted January 11, 2021 by balaji8901

The Global Herbicide Market is expected to exceed the valuation of USD 39.8 billion by the year 2026, growing at a CAGR of around 5% through the years.

Global Herbicide Market

The Global Herbicide Market is expected to exceed the valuation of USD 39.8 billion by the year 2026, growing at a CAGR of around 5% through the years. This report on the herbicide market studies the essential factors such as the size, share, demand, growth, gross profits, earnings, and revenue to evaluate the rise of the industry in the future. It assesses the data gathered from the past years 2016 and 2017 to give an extensive view of the trends and predicts the possible rise of the industry during the years 2019 to 2026 while considering 2018 as the base year. Herbicides, also known as weedkillers, are substances that are used to kill the unwanted plant. Based on the mode of action, it is categorized into two types- Selective herbicide and Non-Selective herbicide. Selective herbicides are used to clear select weed species and leave the crop unharmed, whereas, non-selective herbicides are used to clear all sorts of plant material on coming in contact with it.

The report offers the latest impact of the COVID-19 crisis on the industry verticals. COVID-19 began in 2019 and has since then affected every country of the world, with the WHO declaring it as a public health emergency. The pandemic has brought dynamic changes in the industry as it has affected the supply chain, demands, trends, and overall market scenario. The report offers an initial and future impact assessment of the pandemic on key segments of the industry and offers revenue information in the post-pandemic scenario.

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The report is an engaging document that provides vital statistical information about the market in terms of dales, revenue, market share, and market size with regards to product types, application spectrum, regional bifurcation, leading players, and technological advancements.

A comprehensive analysis of the competitive landscape is offered in the report along with a study of the company profiles, product portfolio, manufacturing and production capacity, technological developments, R&D advancements, and strategic initiatives of the prominent players of the industry. Prominent players operating in the industry and profiled in the report include BASF, Bayer, DowDupont, Syngenta, FMC Corp., ADAMA Ltd., Nufarm Ltd.

The Global Herbicide Market is segmented as follows:

Market segment based on Type:

Synthetic, Bio-Based, Others

Market segment based on Mode of Action:

Selective, Non-Selective

Market segment based on Crop Type:

Grains and Cereals, Oilseeds, Fruits & Vegetables, Turfs & Ornamentals, Others

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The report provides an explicit analysis of the market with regards to growth driving factors, restraining factors, regulatory framework, threats and opportunities, financial hurdles to offer a thorough outlook of the market. The report also covers value chain analysis, market share, market size, CAGR, sales and revenue, import/export, the scope of the market, growth prospects, and other key factors. The report offers a regional analysis that covers key geographies such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report applies advanced analytical tools such as SWOT analysis, Porter’s Five Forces analysis, along with feasibility analysis and investment return analysis. It also offers strategic recommendations to new entrants as well as established companies about market barriers. It also offers insights into futuristic business opportunities, market scope, threats, and obstacles, to enable fruitful business decision-making process.

Furthermore, the report renders a complete analysis of the Herbicide market that allows readers to formulate profitable and lucrative business strategies by offering insights into the competitive landscape, crucial market details, growth prospects, regional rules and regulations, and other key factors.

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Last Updated January 11, 2021