Home Press Releases Herbicide Safeners Market Size Worth $1.59 Billion By 2030 | CAGR: 4.1%

Herbicide Safeners Market Size Worth $1.59 Billion By 2030 | CAGR: 4.1%

The global herbicide safeners market size is expected to reach USD 1.59 billion by 2030, according to a new study by Polaris Market Research. The report “Herbicide Safeners Market Share, Size, Trends, Industry Analysis Report, By Type (Benoxacor, Dichlormid, Furilazole, Isoxadifen, Others); By Crop; By Application Stage; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Herbicide safeners are chemicals that help in protecting the crops from the possible damage caused due to the use of herbicides. They can effectively escalate the tolerance of cereal plants to herbicide application without impacting weed control efficiency. The growing trend of post-farming application of herbicide safeners is anticipated to further grow the industry in the forecasting period.

 

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The reduction in industrial activities due to the pandemic has been adversely impacting the global market. COVID-19 has significantly shattered the established beliefs and stunned every sector’s demand and supply chains.

 

The impact of the viral infection has triggered various new rules and regulations, forcing them to change multiple daily action activities. Some rules include a halt in manufacturing activities, lockdown, social distancing, and transportation restrictions.

 

The growing prevalence of weeds owing to climate change conditions has led to a decrease in the quality and yield of various agricultural crops. Safeners are gaining popularity in practice, owing to the growing demand for crop solution products. The efficiency of contact with these chemicals depends on factors, such as contact of shoots and roots with herbicide-treated soil, along with the availability of the active ingredient and uniform coverage of soil treatment, among others.

 

These safeners are used for controlling the germinating weeds in a variety of settings, such as horticulture and agronomic crops. These safeners act quickly, and they can be applied to a specific area or where other methods of weed control are not possible. Moreover, chemical weed control has a number of advantages, such as it provides control of strong competing weeds during crop establishment and thus helps get a weed control job that cannot be done. They inhibit or kill weeds and do not harm crop plants beyond the point of economic recovery.

 

Herbicide Safeners Market Report Highlights

  • The benoxacor segment holds the majority share of the market and is expected to grow further over the forecast period owing to its increasing use in various crops such as soybeans, corn, and sorghum crops across various industries.
  • Soybean accounted for a significant market share in 2021, which is accelerated by the increased demand for soybean across different regions, due to its unique combination of providing essential oil and protein to consumers.
  • The Pre-emergence sector is expected to hold the biggest market share due to its capability of targeting a specific type of weed across various crops.
  • Latin America is expected to grow exponentially over the forecasted period on account of the growing production of crops such as soybean & corn to meet the export requirement within the region.
  • The global market is highly competitive owing to the existence of large industry players with a global presence including BASF SE, Adama, Chemtex Speciality Limited, UPL Limited, Drexel Chemical, Land O’Lakes, Inc., and Sipcam-Oxon Italia S.p.A.,

 

Polaris Market Research has segmented the herbicide safeners market report based on type, crop, application stage, and region:

 

Herbicide Safeners, Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Benoxacor
  • Furilazolesssss
  • Dichlormid
  • Isoxadifen
  • Other types

Herbicide Safeners, Crop Outlook (Revenue – USD Billion, 2018 – 2030)

  • Corn
  • Soybean
  • Wheat
  • Sorghum
  • Barley
  • Rice
  • Other crops

Herbicide Safeners, Application Stage Outlook (Revenue – USD Billion, 2018 – 2030)

  • Pre-emergence
  • Post-emergence

Herbicide Safeners, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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