Global Herbicide Safeners Market Overview 2024, Forecast To 2033
8 Mar, 2024
The herbicide safeners market has witnessed strong growth, increasing from $1.13 billion in 2023 to $1.22 billion in 2024, with a CAGR of 8.2%. This growth is driven by factors such as increased herbicide usage, emphasis on crop protection, and weed resistance management. Looking ahead, the market is expected to continue its strong growth trajectory, reaching $1.62 billion in 2028, with a CAGR of 7.2%. Factors such as climate change impacts, enhanced weed management practices, and global food security concerns are expected to drive this growth. Major trends in the forecast period include a focus on herbicide resistance management, collaboration between agrochemical companies, and regulatory support for safe agricultural practices.
Global Herbicide Safeners Market Key Driver
The agriculture sector's high demand for herbicide safeners is poised to fuel the growth of the herbicide safeners market. These safeners play a vital role in protecting crops from herbicide damage, thereby enhancing productivity and efficiency. Notably, the Department For Environment, Food, And Rural Affairs reported a 14% increase in UK total income from farming in 2021 compared to 2020. This surge underscores the critical role of herbicide safeners in agricultural operations, driving the growth of the market.
Get A Free Sample Of The Global Herbicide Safeners Market ReportGlobal Herbicide Safeners Market Segments
The herbicide safeners market covered in this report is segmented –
1) Type:Benoxacor, Furilazole, Dichlormid, Isoxadifen, Other Types
2) Herbicide Selectivity:Selective Herbicides, Non-Selective Herbicides
3) Crop:Corn, Soybean, Wheat, Sorghum, Barley, Rice, Other Crops
4) Application:Post-Emergence, Pre-Emergence
By Geography: 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.
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
Major Herbicide Safeners Industry Players
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.
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Herbicide Safeners Market Overview
Herbicide safeners are substances used in conjunction with herbicides to enhance the selectivity and safety of herbicide applications. The primary function is to protect crops from the potential phytotoxic effects of herbicides while allowing the herbicides to control weeds effectively.