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Defoliant Market

Defoliant Market Forecasts to 2028 – Global Analysis By Type (Purity 20%, Purity 50%, Purity 80%), Application (Experiment, Farm Land, Fruit Tree) and By Geography

4.3 (68 reviews)
Published: August 2021 ID: SMRC20872
4.3 (68 reviews)
Published: August 2021 ID: SMRC20872

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Defoliant Market is accounted for $17.00 billion in 2020 and is expected to reach $30.77 billion by 2028 growing at a CAGR of 7.7% during the forecast period. Rise in venture funding for the development of agricultural products and increasing availability of fertilizers, pesticides, herbicides, and other chemicals are the major factors propelling the market growth. However, rising environmental concerns is hampering the market growth.

Defoliant is an herbicidal chemical that is sprayed on the plants that causes leaves to fall off. In crop harvesting, the defoliants are dusted over the crops such as cotton crops in order to facilitate harvesting. Defoliant chemicals are widely used in managing the crop lands and lawns and landscape turf management.

Based on the application, the fruit tree segment is estimated to have a lucrative growth during the forecast period. Defoliation of leaves and fruit from the infected trees may be useful to surpass the spread of the disease. By geography, the Asia Pacific is going to have a huge demand during the forecast period due to the increasing agricultural production and ever-rising population.

Some of the key players profiled in the Defoliant Market include BASF SE, ADAMA, AMVAC Chemical Corporation, Bayer Crop Science, China National Chemical Corporation, Corteva, Dormiente, Dow Chemical Company, Drexel Chemical Company, Dupont Company, EuroChem Group, FMC Corporation, Nissan Chemical Corporation, Novozymes, Nufarm Limited, ROTAM, Syngenta, and Valent Biosciences Corporation.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 17.00 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

7.7%

Predicted 2028 Value:

USD 30.77 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

56

Chapters Covered:

Type, Application and Region

Core Drivers and Opportunities:

  • Rise in production of cereals and grains particularly in the developing economies
  • Growth in the demand for food and beverages

Restraining Factors & Market Threats:

  • Increasing environmental concerns
  • Stringent regulations imposed by the government on the use of synthetic chemicals and fertilizers


Types Covered:
• Purity 20%
• Purity 50%
• Purity 80%

Applications Covered:
• Experiment
• Farm Land
• Fruit Tree

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Defoliant Market is majorly driven by the rise in venture funding for the development of agricultural products and the increasing availability of fertilizers, pesticides, herbicides, and other chemicals.

The fruit tree segment is growing at the highest CAGR owing to the defoliation of leaves and fruit from the infected trees may be useful to surpass the spread of the disease.

North America dominated with a significant market share owing to the rising adoption of chemicals and fertilizers for crop protection.

The Asia Pacific market is growing at the highest CAGR due to the growing agricultural production and ever-rising population.

Key players in Defoliant Market include BASF SE, ADAMA, AMVAC Chemical Corporation, Bayer Crop Science, China National Chemical Corporation, Corteva, Dormiente, Dow Chemical Company, Drexel Chemical Company, Dupont Company, EuroChem Group, FMC Corporation, Nissan Chemical Corporation, Novozymes, Nufarm Limited, ROTAM, Syngenta, and Valent Biosciences Corporation.

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