Aquatic Herbicide Trends and Forecast
The future of the global aquatic herbicide market looks promising with opportunities in the agricultural water, fishery and recreational water markets. The global aquatic herbicide market is expected to reach an estimated $786.6 million by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing demand for integrated weed control, higher price of herbicides for frogs in agricultural and recreational waterways, as well as, expanding leisure pursuits like fishing, boating, and swimming.Aquatic Herbicide by Segment
The study includes a forecast for the global aquatic herbicide by type, mode of action, application, and region.Aquatic Herbicide Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Glyphosate
- 2,4-D
- Imazapyr
- Diquat
- Triclopyr
Aquatic Herbicide Market by Mode of Action [Shipment Analysis by Value from 2018 to 2030]:
- Selective
- Non-Selective
Aquatic Herbicide Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Agricultural Waters
- Fisheries
- Recreational Waters
- Others
Aquatic Herbicide Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Aquatic Herbicide Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aquatic herbicide companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aquatic herbicide companies profiled in this report include:- DOW
- BASF
- Monsanto
- Syngenta
- Nufarm
- Lonza
- Land O'lakes
Aquatic Herbicide Market Insights
The publisher forecasts that glyphosate is expected to witness the highest growth over the forecast period because it is less expensive than pulling aquatic weeds by hand or by machine, and offers long-term weed control, glyphosate outperforms other biological and mechanical techniques.North America is expected to witness highest growth over the forecast period because it enhance the herbicides' efficacy against the local weeds.
Features of the Global Aquatic Herbicide Market
- Market Size Estimates: Aquatic herbicide market size estimation in terms of value ($M).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Aquatic herbicide market size by type, mode of action, application, and region in terms of value ($M).
- Regional Analysis: Aquatic herbicide market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, mode of action, application, and regions for the aquatic herbicide market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aquatic herbicide market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aquatic herbicide market size?Answer: The global aquatic herbicide market is expected to reach an estimated $786.6 million by 2030.
Q2. What is the growth forecast for aquatic herbicide market?
Answer: The global aquatic herbicide market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aquatic herbicide market?
Answer: The major drivers for this market are increasing demand for integrated weed control, higher price of herbicides for frogs in agricultural and recreational waterways, as well as, expanding leisure pursuits like fishing, boating, and swimming.
Q4. What are the major segments for aquatic herbicide market?
Answer: The future of the global aquatic herbicide market looks promising with opportunities in the agricultural water, fishery and recreational water markets.
Q5. Who are the key aquatic herbicide market companies?
Answer: Some of the key aquatic herbicide companies are as follows:
- DOW
- BASF
- Monsanto
- Syngenta
- Nufarm
- Lonza
- Land O'lakes
Answer: The publisher forecasts that glyphosate is expected to witness the highest growth over the forecast period because it is less expensive than pulling aquatic weeds by hand or by machine, and offers long-term weed control, glyphosate outperforms other biological and mechanical techniques.
Q7. In aquatic herbicide market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period because it enhance the herbicides' efficacy against the local weeds.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aquatic herbicide market by type (glyphosate, 2,4-d, imazapyr, diquat, and triclopyr), mode of action (selective and non-selective), application (agricultural waters, fisheries, recreational waters, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- DOW
- BASF
- Monsanto
- Syngenta
- Nufarm
- Lonza
- Land O'lakes
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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