MarketResearch.biz delivers in-depth insights on the global aquatic herbicides market in its upcoming report titled, “Global Aquatic Herbicides Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global aquatic herbicides market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global aquatic herbicides market report has been segmented on the type, method, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Aquatic herbicides are chemicals used in water in order prevent aquatic weed growth which includes pond algae, lake weeds, and pond weeds. Various advantages of aquatic herbicides as compared to mechanical and manual treatment methods is major factor expected to drive growth of global aquatic herbicides market over the forecast period. Increasing adoption of weed control is another factor expected to boost the growth of global aquatic herbicides market over the forecast period.
However, taste problems, water use restriction and toxicity are key factors expected to hamper growth of the global aquatic herbicides market over the forecast period. In addition, stringent government regulation for approval of aquatic herbicides is another factor expected to hamper the growth of market over the forecast period.
Companies operating in the target market can focus on development of herbicides which are safe to aquatic animals and human, thus creating a lucrative opportunity for existing as well as new players operating in the market over the forecast period.
Based on method, the global aquatic herbicides market is segmented based on foliar and submerged. The foliar segment is expected register highest revenue contribution and expected to witness highest growth rate over the forecast period as its ensures better weed cover as compared to the submerged application and further, takes less time.
North America market dominates the global aquatic herbicides market in terms of revenue contribution as compared to that of markets in other regions. This is attributed to presence of leading manufacturers for aquatic herbicides in the region. Europe accounts for largest revenue share contribution to the global aquatic herbicides market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years. Growing demand for aquatic herbicides in countries such as Australia, India, New Zealand and China is expected to drive the growth of the market in the region.
Global aquatic herbicides market segmentation, by type:
- Others (fluridone, flumioxazin, and copper & chelated copper)
Global aquatic herbicides market segmentation, by method:
Global aquatic herbicides market segmentation, by application :
- Agricultural waters
- Recreational waters
- Others (retention ponds, development waters, and flood control canals)
Global aquatic herbicides market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- The Dow Chemical Company
- BASF SE
- Monsanto Company
- Syngenta AG
- Lonza Ltd.
- Sepro Corporation
- Valent U.S.A. Corp
- Albaugh LLC.
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