Aquatic Herbicides Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Glyphosate, 2,4-D, Imazapyr, Triclopyr, and Others), By Mode of Application (Foliar, and Submerged), By Mode of Action (Selective, and non-Selective), By Application (Agricultural Waters, Fisheries, Recreational Waters, and Others), By Region and Competition

  • Industry : Agriculture
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 650.87 Million

CAGR (2023-2028)

6.26%

Fastest Growing Segment

Glyphosate

Largest Market

North America

 

Market Overview

Global Aquatic Herbicides Market has valued at USD 650.87 Million in 2022 and is anticipated to project impressive growth in the forecast period with a CAGR of 6.26% through 2028. Aquatic herbicides are chemical substances formulated to inhibit the growth of aquatic weeds, such as pond algae, lake weeds, and pond weeds. These herbicides can be classified into two types: selective and nonselective. Selective herbicides specifically target distinct weeds without posing a threat to other organisms in the same aquatic environment. On the other hand, nonselective herbicides hinder the growth of all plant life and vegetation in the treated areas. By disrupting photosynthesis or limiting the synthesis of plant pigments, these herbicides effectively control weed growth. They are a cost-effective solution for long-lasting weed control, minimizing undesired side effects. Organizations operating in this market can focus on improving herbicides that are safe for aquatic animals and humans, thus creating favorable opportunities for both existing and new players in the market.

Key Market Drivers

Rapid Expansion of Aquatic Farming Activities

The global demand for aquatic herbicides is expected to rise substantially in the coming years. This surge in demand can be attributed to the rapid expansion of aquatic farming activities worldwide. Aquatic farming, also known as aquaculture, has emerged as a prevalent method of food production due to its efficiency and sustainability. However, maintaining the aquatic environment is crucial to ensure a high-quality yield. Aquatic herbicides play a vital role in this maintenance process. They effectively manage and control the growth of harmful aquatic weeds that can negatively impact the health and productivity of farmed species. These weeds not only compete with aquatic organisms for essential nutrients, but they also obstruct sunlight penetration, disturb the ecological balance, and impede water circulation.

As aquaculture operations expand to meet the growing global demand for seafood, the requirement for aquatic herbicides is anticipated to rise correspondingly. This demand is further fueled by advancements in herbicide formulation technology. Researchers and scientists are continuously developing new formulations that aim to reduce environmental impacts while enhancing efficiency. Considering these factors, the rapid expansion of aquatic farming activities worldwide is likely to drive the demand for aquatic herbicides in the foreseeable future. It is essential to ensure that the aquatic environment is properly maintained to support sustainable and productive aquaculture operations.

Increasing Research & Development Activities in The Field Of Aquatic Herbicides

Rising research and development (R&D) activities in the field of aquatic herbicides are projected to significantly augment the global demand for these products. Scientists and technologists are incessantly working to improve existing formulations and discover novel ones, enhancing the effectiveness and efficiency of aquatic herbicides. These advancements are primarily aimed at addressing the escalating problem of invasive aquatic species that threaten biodiversity and ecosystem balance. With the increasing instances of such invasive species, the demand for these herbicides is expected to surge globally. Moreover, R&D activities are also focused on developing environmentally friendly herbicides to mitigate the adverse effects of chemical herbicides on non-target species and the overall aquatic ecosystem. By reducing the detrimental impact and improving the specificity and effectiveness, these R&D efforts are poised to increase the adoption of aquatic herbicides around the world. Furthermore, the growth in R&D investment by governments and private organizations underline the global recognition of aquatic weed control's significance. This trend not only supports the ongoing innovation in aquatic herbicides but also ensures the sustainability of water bodies worldwide, thereby fostering the global demand for aquatic herbicides.

Rise in the Global Aquaculture Industry

The global aquaculture industry is experiencing a significant rise, which is expected to lead to an increased demand for aquatic herbicides worldwide. Aquaculture, the farming of aquatic organisms, is a rapidly growing sector due to the escalating global demand for fish and seafood. As the industry expands, so does the need to effectively control aquatic weeds that can hinder production. Aquatic herbicides serve this purpose, helping to maintain the health and productivity of the aquatic ecosystems where these organisms are farmed. Increasing fish consumption, coupled with a rise in the aquaculture industry, is forecasted to escalate the demand for aquatic herbicides. Furthermore, government policies and regulations promoting aquaculture activities are also contributing to this trend. Therefore, it is reasonable to expect a proportional increase in the use of aquatic herbicides as the global aquaculture industry continues to flourish. This surge is not without its challenges, however, as the industry must balance the benefits of herbicides with their potential environmental impacts.

Increasing Investment in the Agricultural Sector by Governments & Private Entities

The global demand for aquatic herbicides is expected to surge significantly due to increasing investments in the agricultural sector by governments and private entities. Aggressive efforts are being undertaken to ramp up agricultural production, with a sharp focus on ensuring food security and sustaining the escalating global population. In this context, aquatic herbicides, known for their efficacy in controlling the growth of unwanted water weeds, have come into the spotlight. These herbicides are instrumental in maintaining the health of water bodies used for irrigation purposes, ensuring the productivity of farmlands, and consequently, driving agricultural yields. The amplified investments are not just facilitating the availability and accessibility of these herbicides but are also encouraging research and development for safer and more effective products. The trend is particularly notable in developing countries where agriculture forms the backbone of the economy. Here, both public and private sectors are making concerted efforts to modernize farming practices and optimize crop yields, fueling the demand for aquatic herbicides. Therefore, the rising investments in agriculture globally are anticipated to significantly bolster the market for aquatic herbicides in the foreseeable future.

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Key Market Challenges

Fluctuations in Raw Material Prices Affecting Production Costs

The global demand for aquatic herbicides is expected to decrease due to fluctuations in raw material prices, significantly impacting production costs. These herbicides' primary raw materials include glyphosate, 2,4-D, diquat, and others, the prices of which are influenced by various factors such as transportation costs, availability, and international trade policies. An increase in the prices of these materials directly translates to increased production costs for herbicide manufacturers. As a consequence, the selling price of these herbicides is likely to rise, which may deter potential customers, especially those operating on a tight budget. Furthermore, the situation is exacerbated in developing economies, where customers might not afford these increased costs, thus driving down demand. With the global economy still recovering from the COVID-19 pandemic's effects, many industries are cutting down their expenses, and the increased cost of aquatic herbicides might push them to explore cheaper alternatives. Thus, the fluctuating raw material prices are posing a substantial challenge to the global aquatic herbicides market.

Stringent Regulatory Norms & Approval Procedures

Stringent regulatory norms and approval procedures are anticipated to limit the global demand for aquatic herbicides. These pesticides, while effective for the management of invasive aquatic weeds, pose potential harm to the environment and biodiversity. Regulatory bodies worldwide, such as the Environmental Protection Agency (EPA) in the United States and the European Chemicals Agency (ECHA) in the EU, have implemented rigorous approval procedures to assess the environmental impact and toxicological properties of these substances before they are authorized for use. These stringent protocols often require substantial investment in research and development, and a lengthy process of testing and approval, thereby discouraging manufacturers and impacting the market demand. Furthermore, the imposition of restrictions on certain harmful aquatic herbicides has led to a decrease in their use, contributing to a projected decline in the overall market. Additionally, the growing public awareness and concern for aquatic ecosystems' health are likely to fuel the push for regulations, further exacerbating the decrease in demand for aquatic herbicides.

Key Market Trends

Increasing Adoption of Precision Farming Practices

The increasing adoption of precision farming practices worldwide is expected to play a significant role in driving the global demand for aquatic herbicides. Precision farming, or precision agriculture, uses technology and data to manage crops and soils in a more efficient manner, leading to increased productivity and reduced waste. As this practice becomes more widespread, farmers are utilizing aquatic herbicides to control the growth of unwanted vegetation in water bodies. Aquatic herbicides are essential in maintaining the health of these water bodies, preventing the spread of harmful aquatic weeds, and promoting the growth of desirable plants. They are used in precision agriculture to treat specific areas where weeds are prevalent, thereby reducing the amount of herbicide needed and minimizing potential environmental impact. Moreover, these herbicides have proven to be effective in controlling invasive aquatic species that can disrupt the ecosystem and harm aquatic life. As farmers globally continue to embrace precision farming methods to maximize crop yields and minimize environmental harm, demand for aquatic herbicides is expected to grow. This trend signifies a promising future for the aquatic herbicide market, reflecting the synergistic relationship between advanced farming practices and environmental stewardship.

Increased Demand for Environmentally Friendly Herbicides

The escalating demand for environmentally friendly herbicides is predicted to significantly boost the global demand for aquatic herbicides. As the world gravitates towards sustainable farming practices, the use of harsh, non-degradable chemical herbicides is gradually being discouraged, replaced by more eco-friendly alternatives. Aquatic herbicides, typically less harmful to the environment, fit into this new narrative conveniently. These herbicides, specifically designed for water bodies, are effective in controlling invasive aquatic weeds while causing minimal harm to fauna and other non-target flora. Moreover, they degrade faster, reducing their lasting impact on the environment. This shift towards environmentally-conscious solutions in agriculture is driven by stringent governmental regulations and increasing consumer awareness about the detrimental environmental and health impacts of traditional chemical herbicides. As a result, farmers and agricultural businesses are exploring safer, greener options, such as aquatic herbicides, to maintain productivity without compromising environmental integrity. Therefore, the global demand for aquatic herbicides is set to soar, aligning with the broader push for sustainable and responsible farming practices.

Segmental Insights

Type Insights

Based on the Type, Glyphosate, a widely used herbicide, is currently dominating the global market due to its exceptional broad-spectrum herbicidal properties. This herbicide has gained popularity among farmers, gardeners, and agricultural professionals for its effectiveness in controlling various aquatic weeds. With its non-selective nature, Glyphosate demonstrates remarkable effectiveness in managing both annual and perennial weed species, ensuring comprehensive weed control.

The demand for Glyphosate in the aquatic herbicides market continues to soar, thanks to its extensive use and proven efficacy. Its ability to target a wide range of weed species makes it a preferred choice among herbicides worldwide. Moreover, Glyphosate's versatility and reliability have made it an indispensable tool for maintaining weed-free water bodies, ensuring the health and productivity of aquatic ecosystems. As Glyphosate maintains its dominance in the global market, its continuous research and development efforts aim to further enhance its effectiveness and minimize any potential environmental impacts. With ongoing advancements in formulation and application techniques, Glyphosate continues to provide a reliable and sustainable solution for controlling aquatic weeds, contributing to the overall success of agricultural and environmental management practices.

Application Insights

Based on the Application, Agricultural waters, such as lakes, ponds, and irrigation channels, have emerged as key players in the Global Aquatic Herbicides Market. This prevailing trend can be attributed to the extensive use of aquatic herbicides in farmlands, where they effectively manage and control the growth of unwanted aquatic plants. These plants, if left uncontrolled, pose a significant threat to crop yield and quality, potentially impacting overall agricultural productivity. Consequently, the use of aquatic herbicides in agricultural waters has become indispensable for farmers, ensuring optimum crop growth and maximizing agricultural output. By effectively targeting and managing these aquatic plants, farmers can mitigate the risk of reduced crop yields and secure a thriving agricultural ecosystem.


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Regional Insights

North America holds the dominant position in the global aquatic herbicides market due to various factors. One of the key reasons for its leadership is the high utilization of aquatic herbicides in the agricultural sector, particularly in countries like the United States and Canada. These countries have embraced advanced farming practices and implemented large-scale aquatic weed control programs, which have significantly contributed to the growth of this market. Furthermore, North America's geographical characteristics, such as its vast network of rivers, lakes, and water bodies, provide ample opportunities for the proliferation of aquatic weeds. The extensive use of aquatic herbicides in the region has not only improved agricultural productivity but also helped in maintaining the ecological balance of aquatic ecosystems. This has further strengthened North America's position as a key player in the global aquatic herbicides market.

Moreover, the rising awareness among farmers about the detrimental effects of aquatic weeds on crop yields and the overall ecosystem has led to increased demand for effective herbicides. North America's proactive approach in implementing stringent regulations and promoting sustainable farming practices has also played a crucial role in driving the market growth. With ongoing research and development efforts focused on developing innovative and eco-friendly herbicides, North America is poised to maintain its dominant position in the global aquatic herbicides market for the foreseeable future.

Key Market Players

  • BASF SE
  • Dow Chemical Company
  • Syngenta AG
  • Nufarm Limited
  • Lonza Group
  • Land O'Lakes, Inc.
  • UPL Limited
  • Element Solutions Inc (Platform Specialty Products)
  • SePRO Corporation
  • Albaugh LLC
  • Stepan Company

By Type

By Mode of Application

By Mode of Action

 

By Application

By Region
  • Glyphosate
  • 2,4-D
  • Imazapyr
  • Triclopyr
  • Others
  • Foliar
  • Submerged
  • Selective
  • non-Selective
  • Agricultural Waters
  • Fisheries
  • Recreational Waters
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Aquatic Herbicides Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Aquatic Herbicides Market, By Type:

o   Glyphosate

o   2,4-D

o   Imazapyr

o   Triclopyr

o   Others

·         Aquatic Herbicides Market, By Mode of Application:

o   Foliar

o   Submerged

·         Aquatic Herbicides Market, By Mode of Action:

o   Selective

o   non-Selective

·         Aquatic Herbicides Market, By Application:

o   Agricultural Waters

o   Fisheries

o   Recreational Waters

o   Others

·         Aquatic Herbicides Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE


Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Aquatic Herbicides Market.

Available Customizations:

Global Aquatic Herbicides market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Aquatic Herbicides Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Glyphosate, 2,4-D, Imazapyr, Triclopyr, and Others)

5.2.2.    By Mode of Application (Foliar, and Submerged)

5.2.3.    By Mode of Action (Selective, and non-Selective)

5.2.4.    By Application (Agricultural Waters, Fisheries, Recreational Waters, and Others)

5.2.5.    By Region

5.2.6.    By Company (2022)

5.3.  Market Map

6.    North America Aquatic Herbicides Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Mode of Application

6.2.3.    By Mode of Action

6.2.4.    By Application

6.2.5.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Aquatic Herbicides Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Mode of Application

6.3.1.2.3.           By Mode of Action

6.3.1.2.4.           By Application

6.3.2.    Canada Aquatic Herbicides Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Mode of Application

6.3.2.2.3.           By Mode of Action

6.3.2.2.4.           By Application

6.3.3.    Mexico Aquatic Herbicides Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Mode of Application

6.3.3.2.3.           By Mode of Action

6.3.3.2.4.           By Application

7.    Europe Aquatic Herbicides Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Mode of Application

7.2.3.    By Mode of Action

7.2.4.    By Application

7.2.5.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Aquatic Herbicides Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Mode of Application

7.3.1.2.3.           By Mode of Action

7.3.1.2.4.           By Application

7.3.2.    United Kingdom Aquatic Herbicides Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Mode of Application

7.3.2.2.3.           By Mode of Action

7.3.2.2.4.           By Application

7.3.3.    Italy Aquatic Herbicides Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecasty

7.3.3.2.1.           By Type

7.3.3.2.2.           By Mode of Application

7.3.3.2.3.           By Mode of Action

7.3.3.2.4.           By Application

7.3.4.    France Aquatic Herbicides Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Mode of Application

7.3.4.2.3.           By Mode of Action

7.3.4.2.4.           By Application

7.3.5.    Spain Aquatic Herbicides Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Mode of Application

7.3.5.2.3.           By Mode of Action

7.3.5.2.4.           By Application

8.    Asia-Pacific Aquatic Herbicides Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Mode of Application

8.2.3.    By Mode of Action

8.2.4.    By Application

8.2.5.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Aquatic Herbicides Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Mode of Application

8.3.1.2.3.           By Mode of Action

8.3.1.2.4.           By Application

8.3.2.    India Aquatic Herbicides Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Mode of Application

8.3.2.2.3.           By Mode of Action

8.3.2.2.4.           By Application

8.3.3.    Japan Aquatic Herbicides Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Mode of Application

8.3.3.2.3.           By Mode of Action

8.3.3.2.4.           By Application

8.3.4.    South Korea Aquatic Herbicides Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type

8.3.4.2.2.           By Mode of Application

8.3.4.2.3.           By Mode of Action

8.3.4.2.4.           By Application

8.3.5.    Australia Aquatic Herbicides Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type

8.3.5.2.2.           By Mode of Application

8.3.5.2.3.           By Mode of Action

8.3.5.2.4.           By Application

9.    South America Aquatic Herbicides Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Mode of Application

9.2.3.    By Mode of Action

9.2.4.    By Application

9.2.5.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Aquatic Herbicides Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Mode of Application

9.3.1.2.3.           By Mode of Action

9.3.1.2.4.           By Application

9.3.2.    Argentina Aquatic Herbicides Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Mode of Application

9.3.2.2.3.           By Mode of Action

9.3.2.2.4.           By Application

9.3.3.    Colombia Aquatic Herbicides Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Mode of Application

9.3.3.2.3.           By Mode of Action

9.3.3.2.4.           By Application

10. Middle East and Africa Aquatic Herbicides Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Mode of Application

10.2.3. By Mode of Action

10.2.4. By Application

10.2.5. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Aquatic Herbicides Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Mode of Application

10.3.1.2.3.         By Mode of Action

10.3.1.2.4.         By Application

10.3.2. Saudi Arabia Aquatic Herbicides Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Mode of Application

10.3.2.2.3.         By Mode of Action

10.3.2.2.4.         By Application

10.3.3. UAE Aquatic Herbicides Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Mode of Application

10.3.3.2.3.         By Mode of Action

10.3.3.2.4.         By Application

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Development

12.2.             Mergers & Acquisitions

12.3.             Product Launches

13. Global Aquatic Herbicides Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15. Competitive Landscape

15.1.             BASF SE

15.1.1. Business Overview

15.1.2. Products & Service Offerings

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2.             Dow Chemical Company

15.3.             Syngenta AG

15.4.             Nufarm Limited

15.5.             Lonza Group

15.6.             Land O'Lakes, Inc.

15.7.             UPL Limited

15.8.             Element Solutions Inc (Platform Specialty Products)

15.9.             SePRO Corporation

15.10.          Albaugh LLC

15.11.          Stepan Company

16. Strategic Recommendations

17. About Us & Disclaimer

 

Figures and Tables

Frequently asked questions

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Rise in aquaculture farming and growing awareness about advantage of herbicides are expected to drive the demand for Aquatic Herbicides market in the forecast period

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BASF SE, Dow Chemical Company, Syngenta AG, Nufarm Limited, Lonza Group, Land O'Lakes, Inc., UPL Limited, Element Solutions Inc (Platform Specialty Products), SePRO Corporation, Albaugh LLC. are the key players operating in the global aquatic herbicides market.

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By mode of action, market is split into selective, and non-selective. Selective segments are expected to capture the highest market share in the forecast period.

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The Asia-Pacific region is dominating the market and is expected to maintain its dominance over the next five years.

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Sakshi Bajaal

Business Consultant
Press Release

Aquatic Herbicides Market to Grow with a CAGR of 6.26% through 2028

Dec, 2023

Increasing adoption of precision farming practices and increasing research & development activities is expected to drive the Global Aquatic Herbicides Market growth in the forecast period, 2024-2028.

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