Aquatic Herbicides - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Aquatic Herbicides Market is accounted for $503.32 million in 2017 and is expected to reach $1138.76 million by 2026 growing at a CAGR of 9.4 %.Factors influencing the market growth are increasing adoption of integrated weed control and advantages of using other treatment methods such as manual and mechanical methods. However, damage to important plants, ill effects of herbicide application and delay in product approvals are hampering the market growth. Moreover, high growth in developing countries and R&D for safer herbicides provides a significant growth opportunity.
Based on Type, glyphosate segment is due to, less expensive than the other methods like manual or mechanical for removal of aquatic weeds and high solubility in water although it is readily ionized and, as the anion, usually strongly adsorbed to sediment. Glyphosate based products are the leading post-emergent, systemic and non selective herbicides for the control of annual and perennial weeds. Due to their efficiency, the use of glyphosate based herbicides is steadily growing. It has also lowered the technical barriers to conservation tillage, helping to foster less environmentally impactful farming practices.
Based on Method, foliar consumes a less time and ensures a better weed cover compared to the submerged application. Aquatic herbicides can be applied as a foliar spray, sprayed or injected directly into the water column, or applied as a granular pellet. It is used to control emergent aquatic plant species. Foliar application of herbicides entails spraying the leaves of target plants with a low concentration of herbicide in a water carrier. The spray can be applied with a hand-powered, backpack sprayer or larger, motorized sprayers. Foliar treatments are least effective.
North America region dominated the market due to increasing adoption of integrated weed management, rise in environmental concerns, new herbicides with enhanced functionality, improved use of aquatic herbicides in agricultural waters and recreational waters, lower residue levels are developed with different modes of action and emergence of residual issues and are fuelling the market growth.
Some of the key players in the Global Aquatic Herbicides market are BASF, Monsanto, Syngenta, Nufarm, Lonza, Land O'lakes, UPL, Platform Specialty Products, Sepro Corporation, Albaugh, DOW Chemical, Valent and Sanco Industries.
Mode of Actions Covered:
• Other Types
• Recreational Waters
• Agricultural Waters
• Other Applications
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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