A recent report published by Infinium
Global Research on herbicide safeners market provides an in-depth analysis of
segments and sub-segments in the global as well as regional herbicide safeners
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional herbicide safeners market over the short
term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of global herbicide safeners market.
According to the report, the global herbicide safeners market is projected to
grow at a CAGR of 6.9% over the forecast period of 2019-2025.
Herbicide safeners are compounds
of diverse chemical families. They are applied with herbicides to protect crops
against their injury. Herbicide can injure the main crop by damaging its
shoots, foliage, and fruits and flowers. However, safeners reduce the effect of
the herbicide on crop plants, and to improve target selectivity between crop
and weed species. The increasing application of herbicide safeners owing to
protect crops from damages is key factors drive the growth of the global
herbicide safeners market. Additionally, a rise in trends of post farming
application of herbicide safeners is likely to contribute to market growth
throughout the forecast period. Rapid growth in population is increasing the
demand for high agricultural productivity, which in turn, proving to be an
important driver market. The growing use of herbicide safeners for crops such
as barley, maize, rice, soybean wheat, sorghum, and many others have a positive
impact on market growth. However, lack of awareness and increasing
environmental concern regarding the use of herbicide is a major factor
hampering the growth of the market. Furthermore, the development of herbicide-resistant
species has led to the development of newer herbicides is expected to lead the
herbicides safeners market in the coming years.
Based on the region, the global
herbicide safeners market can be divided into North America, Europe,
Asia-Pacific, and Row. North America and Europe are expected to grow at a steady
rate in the herbicides safeners market throughout the forecast period owing to
strict rules regarding the use of herbicides in this region. The Middle East
and Africa are anticipated to increase as the sluggish rate over the forecast
period. The Asia-Pacific herbicide safeners market is projected to expand at a
substantial rate owing to the growing agriculture industry coupled with enhanced
production of barley, maize, rice, soybean wheat, and many other crops. Latin
America is expected to hold a significant share in this market owing to the
farming of soybean and corn crops in this region.
The report on the global herbicide
safeners market covers segments such as type, and crop. On the basis of type,
the sub-markets include dichlormid, isoxadifen, benoxacor, furilazole, and
other types. On the basis of crop, the sub-markets include barley, corn, rice,
sorghum, soybean, wheat, and other crops.
The report provides profiles of
the companies in the market such as Land O'Lakes, Inc., Drexel Chemical
Company, Arysta LifeScience India Limited, BASF SE, ADAMA Agricultural Solutions,
Nufarm, Bayer AG, Syngenta AG, Dow and DuPont, and Tenkoz Inc.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the market
using analytical tools such as Porter's five forces analysis and DRO analysis
of herbicide safeners market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.