What Fueled The Previous Growth In The Herbicide Safeners Market?
The herbicide safeners market has seen considerable growth due to a variety of factors.
•In the past few years, the market size of herbicide safeners has seen significant growth. It is projected to increase from $1.21 billion in 2024 to $1.31 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%.
The upturn in the historical period resulted from the heightened use of herbicides, an increased focus on crop protection, management of weed resistance, the broadening of the agricultural sector and compliance with regulations.
What Is The Expected Growth In The Herbicide Safeners Market Size?
The herbicide safeners market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for herbicide safeners is anticipated to witness robust expansion in the upcoming years, reaching $1.78 billion by 2029 with a compound annual growth rate (CAGR) of 8.0%.
This surge within the projection period can be linked to persistent reliance on herbicides, effects of climate change, improved weed control methods, global apprehensions about food security, and the application of sustainable farming practices. Key trends during this estimated period involve emphasis on managing herbicide resistance, partnerships among agrochemical corporations, supportive regulatory policies for harmless farming methods, incorporation of herbicide safeners in weed control strategies, usage in exclusive crops and horticulture, along with education and training concerning safener use.
What Main Forces Are Fueling Expansion In The Herbicide Safeners Market?
The booming demand for herbicide safeners within the agricultural industry is projected to fuel the expansion of the herbicide safeners market in the future. The farming sector is characterized by economic activities that encompass the production, processing, and distribution of farming products. Herbicide safeners are the essential agents that guard the crops against the harm induced by herbicides, thus allowing increased quantities of herbicides to be utilized without causing any harm to the crops, which leads to enhanced productivity and efficiency in farming. For example, in February 2024, as per data from GOV.UK, the total Income from Farming (TIFF) in the UK for 2022 scaled up to $10.30 billion, witnessing a surge of $1.43 billion, or 17%, in comparison to 2021. Consequently, this robust demand for herbicide safeners within the farming sector can be credited for propelling the rise of the herbicide safeners market.
What Are The Primary Segments In The Global Herbicide Safeners Market?
The herbicide safeners market covered in this report is segmented –
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
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Which Key Trends Are Driving Changes In The Herbicide Safeners Market?
One significant trend emerging in the herbicide safeners market is that of product innovations. Major market players are introducing new products as a means to maintain their market standing. For instance, in April 2023, Syngenta AG, an agricultural chemical firm based in Switzerland, unveiled a new herbicide named Recognition. The purpose of this herbicide is to effectively control resilient weeds in warm-season turf. It effectively acts on over 40 kinds of broadleaf weeds while ensuring excellent turf safety. Moreover, it can be combined with Fusilade II herbicide for the eviction of bermudagrass from zoysiagrass. It presents a trustworthy and safe alternative for turf managers, meeting the demands of various experts in the field.
Who Are the Key Players in the Herbicide Safeners Market?
Major companies operating in the herbicide safeners market include:
• 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.
What Is The Most Dominant Region In The Herbicide Safeners Market?
South America was the largest region in the herbicide safeners market in 2024. The regions covered in the herbicide safeners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
