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Herbicide Safeners Market Worth $1,206.7 Million by 2023 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

10 Oct, 2018, 09:30 GMT

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CHICAGO, October 10, 2018 /PRNewswire/ --

According to the new market research report "Herbicide Safeners Market by Type (Benoxacor, Dichlormid, Furilazole, and Isoxadifen), Herbicide Application Stage, Herbicide Selectivity, Crops (Soybean, Corn, Wheat, Sorghum, Barley, and Rice), and Region-Global Forecast to 2023", published by MarketsandMarkets™, the herbicide safeners market is projected to reach USD 1,206.7 million by 2023, from USD 851.8 million in 2018, at a CAGR of 7.22%. The market is driven by the increased use of herbicides, especially in the developing regions of Asia Pacific and South America. Additionally, with the growing concerns of herbicide injury to the target crops, safeners are used to reduce the crop damage without limiting their activity on the targeted weed species.

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Don't miss out on business opportunities in Herbicide Safeners Market.

Speak to Our Analyst and gain crucial industry insights that will help your business grow:
https://www.marketsandmarkets.com/speaktoanalyst.asp?id=206068217

Benoxacor is estimated to be the most widely used herbicide safeners during the forecast period. 

Benoxacor is one of the major herbicide safeners used for crops such as corn, soybean, and rice. With increased production of these crops globally, the demand for herbicides and herbicide safeners for these crops is expected to witness high growth in the coming years.

The post-emergence segment is projected to be the fastest-growing segment during the forecast period. 

The post-emergence segment is projected to register the highest growth rate from 2018 to 2023. Herbicide safeners are more effective in killing the weeds during the post-emergence stage, as compared to those used in the pre-emergent applications. Hence, the demand for herbicides for post-emergent herbicides is higher as compared to that of pre-emergent herbicides, and this is projected to increase further during the forecast period.

Browse in-depth TOC on "Integrated Food Ingredients Market"
75 - Tables
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View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/herbicide-safener-market-206068217.html

North America is projected to dominate the market by 2023, while Asia Pacific is projected to be the fastest-growing market for herbicide safeners. 

The North American market accounted for the largest share in 2017, due to the availability of safeners in commonly used herbicide formulations such as S-metalochlor and acetochlor from players such as DowDuPont (US), Syngenta (Switzerland), and Bayer (Germany). Moreover, these companies have been able to develop and introduce safeners in these regions for herbicide applications in corn and soybean crops.

The market for herbicide safeners in the Asia Pacific region is projected to grow at the highest CAGR from 2018 to 2023, owing to the increasing demand for herbicides in the cultivation of crops such as rice, corn, and soybean in the region, which has been significant growth in the past five years.

Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=206068217

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It also includes the profiles of leading companies such as DowDuPont (US), BASF (Germany), Bayer (Germany), Nufarm (Australia), ADAMA (Israel), Syngenta (Switzerland), Arysta LifeScience (US), Drexel Chemical Company (US), Land O'Lakes (US), Sipcam-Oxon (Italy), Helm AG (Germany), and Tenkoz (US).

Browse Adjacent Markets @ Agrochemicals Market Research Reports & Consulting

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com


Research Insight: https://www.marketsandmarkets.com/ResearchInsight/herbicide-safener-market.asp

Visit Our Website: https://www.marketsandmarkets.com

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