The herbicide safeners market size has grown strongly in recent years. It will grow from $1.13 billion in 2023 to $1.22 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. During the historical period, growth in the herbicide safener market was driven by amplified herbicide application, heightened focus on safeguarding crops, management of weed resistance, the broader scope of agricultural activities, and adherence to regulatory standards.
The herbicide safeners market size is expected to see strong growth in the next few years. It will grow to $1.62 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The anticipated growth in the forecast period for herbicide safeners is propelled by ongoing reliance on herbicides, the influence of climate change on agriculture, improved strategies for weed management, global concerns regarding food security, and the adoption of sustainable agricultural practices. Significant trends expected in this period encompass strategies addressing herbicide resistance, collaborations among agrochemical entities, supportive regulations promoting safe agricultural practices, integration of herbicide safeners into comprehensive weed management strategies, utilization in specialized crops and horticulture, and initiatives focused on educating and training for safener application.
The herbicide safeners market is poised for growth due to the high demand for herbicide safeners in the agriculture sector. The agriculture sector, encompassing activities related to producing, processing, and distributing agricultural products, has witnessed increased productivity and efficiency through the use of herbicide safeners. These compounds play a crucial role in protecting crops from herbicide-induced damage, enabling the application of higher herbicide doses without harming the crops. For example, in October 2022, the UK Department for Environment, Food, and Rural Affairs reported a substantial increase in the UK's total income from farming (TIFF), rising from US$960.78 million (£756 million) in 2020 to US$7622.70 (£5,998) in 2021, marking a 14% growth. This growth underscores the positive impact of herbicide safeners on agricultural productivity.
The growth of the herbicide safeners market is further propelled by the expanding agriculture industry on a global scale. The agriculture industry, involving the cultivation of land, crop harvesting, and animal rearing, faces the challenge of meeting the increasing demand for food to feed a growing population. To enhance crop yields and address these challenges, herbicides are extensively used, driving the demand for herbicide safeners. In December 2022, the Food and Agriculture Organization reported a 2% increase in the worldwide production of primary crop commodities in 2021, reaching 9.5 billion tonnes compared to the previous year. This expansion in the agriculture industry contributes significantly to the growth of the herbicide safeners market.
Product innovations emerge as a prominent trend in the herbicide safeners market, with major industry players strategically launching new solutions to fortify their market positions. In April 2023, Switzerland-based Syngenta AG unveiled Recognition herbicide, a groundbreaking product tailored for controlling challenging weeds in warm-season turf. This innovative solution targets over 40 broadleaf weeds while ensuring excellent turf safety. Additionally, it offers versatility by being mixable with Fusilade II herbicide for effective bermudagrass removal in zoysiagrass. Recognition herbicide addresses the diverse needs of turf managers, establishing itself as a reliable choice in the industry.
Major companies in the herbicide safeners market are actively engaged in the development of cutting-edge technologies, specifically in the realm of herbicide technology. This domain encompasses scientific and technological advancements applied to the formulation, development, and application of herbicides. In November 2023, Canada-based Nufarm introduced the 'Duplosan' technology, a power-packed solution for cereal herbicides. This technology aims to maximize weed control in cereals, presenting a robust response to persistent weed challenges faced by farmers. The 'Duplosan' technology represents a significant advancement contributing to the industry's ongoing efforts to enhance herbicide efficacy in cereal crops.
In August 2022, Corteva Inc., a United States-based agricultural chemical company, joined forces with BASF SE, a Germany-based chemicals company specializing in herbicide safeners. This collaboration is centered around the joint development of herbicide-tolerant soybeans and the creation of supplementary herbicides tailored for farmers. Their shared goal is to offer cutting-edge trait combinations and robust methods to combat resistant and challenging weeds. By providing farmers with effective, sustainable solutions for weed management, the collaboration aims to address the practical needs of the agricultural community.
Major companies operating in the herbicide safeners market report are BASF SE, Bayer AG, Rallis India Limited, Sumitomo Chemical Co. Ltd., Syngenta AG, Corteva Agriscience LLC, UPL Ltd., FMC Corporation, ADAMA Ltd., Wynca Zhejiang Xinan Chemical Industrial Group Co. Ltd., Nufarm Limited, Rainbow Agro Corporation, Nissan Chemical Corporation, Winfield United AG, Shandong Qilin Agrochemical Co. Ltd., Helm AG, Gowan Co. Inc., Rotam Agrochemical Company Ltd., Sipcam Oxon S.p.A, Drexel Chemical Company, Helena Agri-Enterprises LLC, Albaugh LLC, ISK Biosciences Inc., Willowood Limited, Tenkoz Inc., Mitsui Chemicals Agro Inc., Jiangsu Sevencontinent Green Chemical Co. Ltd., SinoHarvest Corporation, Hangzhou Tianlong Biotechnology Co. Ltd.
South America was the largest region in the herbicide safeners market in 2023. The regions covered in the herbicide safeners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the herbicide safeners market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Common herbicide safeners encompass benoxacor, furilazole, dichlormid, isoxadifen, and others. Benoxacor, categorized under aryloxyphenoxypropionates, is a prominent example. These safeners facilitate the selectivity of herbicides, enabling their use on specific crops such as corn, soybean, wheat, sorghum, barley, rice, and others. They are applied in various phases including post-emergence and pre-emergence applications.
The herbicide safeners market research report is one of a series of new reports that provides herbicide safeners market statistics, including herbicide safeners industry global market size, regional shares, competitors with a herbicide safeners market share, detailed herbicide safeners market segments, market trends, and opportunities, and any further data you may need to thrive in the herbicide safeners industry. This herbicide safeners market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The herbicide safeners market consists of sales of cloquintocet-mexyl, isoxadifen, fluxofenim, adjuvants, and surfactants. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The herbicide safeners market size is expected to see strong growth in the next few years. It will grow to $1.62 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The anticipated growth in the forecast period for herbicide safeners is propelled by ongoing reliance on herbicides, the influence of climate change on agriculture, improved strategies for weed management, global concerns regarding food security, and the adoption of sustainable agricultural practices. Significant trends expected in this period encompass strategies addressing herbicide resistance, collaborations among agrochemical entities, supportive regulations promoting safe agricultural practices, integration of herbicide safeners into comprehensive weed management strategies, utilization in specialized crops and horticulture, and initiatives focused on educating and training for safener application.
The herbicide safeners market is poised for growth due to the high demand for herbicide safeners in the agriculture sector. The agriculture sector, encompassing activities related to producing, processing, and distributing agricultural products, has witnessed increased productivity and efficiency through the use of herbicide safeners. These compounds play a crucial role in protecting crops from herbicide-induced damage, enabling the application of higher herbicide doses without harming the crops. For example, in October 2022, the UK Department for Environment, Food, and Rural Affairs reported a substantial increase in the UK's total income from farming (TIFF), rising from US$960.78 million (£756 million) in 2020 to US$7622.70 (£5,998) in 2021, marking a 14% growth. This growth underscores the positive impact of herbicide safeners on agricultural productivity.
The growth of the herbicide safeners market is further propelled by the expanding agriculture industry on a global scale. The agriculture industry, involving the cultivation of land, crop harvesting, and animal rearing, faces the challenge of meeting the increasing demand for food to feed a growing population. To enhance crop yields and address these challenges, herbicides are extensively used, driving the demand for herbicide safeners. In December 2022, the Food and Agriculture Organization reported a 2% increase in the worldwide production of primary crop commodities in 2021, reaching 9.5 billion tonnes compared to the previous year. This expansion in the agriculture industry contributes significantly to the growth of the herbicide safeners market.
Product innovations emerge as a prominent trend in the herbicide safeners market, with major industry players strategically launching new solutions to fortify their market positions. In April 2023, Switzerland-based Syngenta AG unveiled Recognition herbicide, a groundbreaking product tailored for controlling challenging weeds in warm-season turf. This innovative solution targets over 40 broadleaf weeds while ensuring excellent turf safety. Additionally, it offers versatility by being mixable with Fusilade II herbicide for effective bermudagrass removal in zoysiagrass. Recognition herbicide addresses the diverse needs of turf managers, establishing itself as a reliable choice in the industry.
Major companies in the herbicide safeners market are actively engaged in the development of cutting-edge technologies, specifically in the realm of herbicide technology. This domain encompasses scientific and technological advancements applied to the formulation, development, and application of herbicides. In November 2023, Canada-based Nufarm introduced the 'Duplosan' technology, a power-packed solution for cereal herbicides. This technology aims to maximize weed control in cereals, presenting a robust response to persistent weed challenges faced by farmers. The 'Duplosan' technology represents a significant advancement contributing to the industry's ongoing efforts to enhance herbicide efficacy in cereal crops.
In August 2022, Corteva Inc., a United States-based agricultural chemical company, joined forces with BASF SE, a Germany-based chemicals company specializing in herbicide safeners. This collaboration is centered around the joint development of herbicide-tolerant soybeans and the creation of supplementary herbicides tailored for farmers. Their shared goal is to offer cutting-edge trait combinations and robust methods to combat resistant and challenging weeds. By providing farmers with effective, sustainable solutions for weed management, the collaboration aims to address the practical needs of the agricultural community.
Major companies operating in the herbicide safeners market report are BASF SE, Bayer AG, Rallis India Limited, Sumitomo Chemical Co. Ltd., Syngenta AG, Corteva Agriscience LLC, UPL Ltd., FMC Corporation, ADAMA Ltd., Wynca Zhejiang Xinan Chemical Industrial Group Co. Ltd., Nufarm Limited, Rainbow Agro Corporation, Nissan Chemical Corporation, Winfield United AG, Shandong Qilin Agrochemical Co. Ltd., Helm AG, Gowan Co. Inc., Rotam Agrochemical Company Ltd., Sipcam Oxon S.p.A, Drexel Chemical Company, Helena Agri-Enterprises LLC, Albaugh LLC, ISK Biosciences Inc., Willowood Limited, Tenkoz Inc., Mitsui Chemicals Agro Inc., Jiangsu Sevencontinent Green Chemical Co. Ltd., SinoHarvest Corporation, Hangzhou Tianlong Biotechnology Co. Ltd.
South America was the largest region in the herbicide safeners market in 2023. The regions covered in the herbicide safeners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the herbicide safeners market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Common herbicide safeners encompass benoxacor, furilazole, dichlormid, isoxadifen, and others. Benoxacor, categorized under aryloxyphenoxypropionates, is a prominent example. These safeners facilitate the selectivity of herbicides, enabling their use on specific crops such as corn, soybean, wheat, sorghum, barley, rice, and others. They are applied in various phases including post-emergence and pre-emergence applications.
The herbicide safeners market research report is one of a series of new reports that provides herbicide safeners market statistics, including herbicide safeners industry global market size, regional shares, competitors with a herbicide safeners market share, detailed herbicide safeners market segments, market trends, and opportunities, and any further data you may need to thrive in the herbicide safeners industry. This herbicide safeners market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The herbicide safeners market consists of sales of cloquintocet-mexyl, isoxadifen, fluxofenim, adjuvants, and surfactants. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Herbicide Safeners Market Characteristics3. Herbicide Safeners Market Trends and Strategies32. Global Herbicide Safeners Market Competitive Benchmarking33. Global Herbicide Safeners Market Competitive Dashboard34. Key Mergers and Acquisitions in the Herbicide Safeners Market
4. Herbicide Safeners Market - Macro Economic Scenario
5. Global Herbicide Safeners Market Size and Growth
6. Herbicide Safeners Market Segmentation
7. Herbicide Safeners Market Regional and Country Analysis
8. Asia-Pacific Herbicide Safeners Market
9. China Herbicide Safeners Market
10. India Herbicide Safeners Market
11. Japan Herbicide Safeners Market
12. Australia Herbicide Safeners Market
13. Indonesia Herbicide Safeners Market
14. South Korea Herbicide Safeners Market
15. Western Europe Herbicide Safeners Market
16. UK Herbicide Safeners Market
17. Germany Herbicide Safeners Market
18. France Herbicide Safeners Market
19. Italy Herbicide Safeners Market
20. Spain Herbicide Safeners Market
21. Eastern Europe Herbicide Safeners Market
22. Russia Herbicide Safeners Market
23. North America Herbicide Safeners Market
24. USA Herbicide Safeners Market
25. Canada Herbicide Safeners Market
26. South America Herbicide Safeners Market
27. Brazil Herbicide Safeners Market
28. Middle East Herbicide Safeners Market
29. Africa Herbicide Safeners Market
30. Herbicide Safeners Market Competitive Landscape and Company Profiles
31. Herbicide Safeners Market Other Major and Innovative Companies
35. Herbicide Safeners Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Herbicide Safeners Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on herbicide safeners market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Measure the impact of high global inflation on market growth.
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- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for herbicide safeners? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Benoxacor; Furilazole; Dichlormid; Isoxadifen; Other Types
2) By Herbicide Selectivity: Selective Herbicides; Non-Selective Herbicides
3) By Crop: Corn; Soybean; Wheat; Sorghum; Barley; Rice; Other Crops
4) By Application: Post-Emergence; Pre-Emergence
Key Companies Mentioned: BASF SE; Bayer AG; Rallis India Limited; Sumitomo Chemical Co. Ltd.; Syngenta AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- BASF SE
- Bayer AG
- Rallis India Limited
- Sumitomo Chemical Co. Ltd.
- Syngenta AG
- Corteva Agriscience LLC
- UPL Ltd.
- FMC Corporation
- ADAMA Ltd.
- Wynca Zhejiang Xinan Chemical Industrial Group Co. Ltd.
- Nufarm Limited
- Rainbow Agro Corporation
- Nissan Chemical Corporation
- Winfield United AG
- Shandong Qilin Agrochemical Co. Ltd.
- Helm AG
- Gowan Co. Inc.
- Rotam Agrochemical Company Ltd.
- Sipcam Oxon S.p.A
- Drexel Chemical Company
- Helena Agri-Enterprises LLC
- Albaugh LLC
- ISK Biosciences Inc.
- Willowood Limited
- Tenkoz Inc.
- Mitsui Chemicals Agro Inc.
- Jiangsu Sevencontinent Green Chemical Co. Ltd.
- SinoHarvest Corporation
- Hangzhou Tianlong Biotechnology Co. Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.22 Billion |
Forecasted Market Value ( USD | $ 1.62 Billion |
Compound Annual Growth Rate | 7.2% |
Regions Covered | Global |
No. of Companies Mentioned | 29 |