DUBLIN, July 14, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "International Herbicides (Glyphosate, Atrazine, Acetochlor, 2,4-D) Market - Forecasts to 2019" report to their offering.
Herbicides are used to kill undesirable plants and weeds. They are a very essential part of modern agricultural practices. The herbicides market is mainly driven by the limited availability of arable land, high profitability margin, acceptance of modern farming and protected agriculture, and changes in farming practices and technology. To capitalize on the growth trend in the global market, several leading companies are investing in the development and manufacturing sectors. The growing demand for these products from different parts of the world is compelling global players to add herbicides to their product offerings.
The global herbicides market is led by Latin America, which had a market share of 26.2% in 2013. This region is projected to grow at the fastest CAGR of 7.3% from 2014 to 2019. It was followed by the Asia-Pacific region, North America, and then Europe.
This report is focused on the detailed study of the herbicides market, by type, crop type, and mode of action in different geographies, with a thorough analysis of the market players in the industry.
The global herbicides market is also segmented on the basis of typeglyphosate, atrazine, acetochlor, 2,4-D, and others (butachlor, dicamba, imazapyr, diquat, and paraquat)and crop typecereals & grains, oilseeds & pulses, fruits & vegetables, and others. The classification of herbicides is also based on their mode of action: selective and non-selective.
The herbicides market is mainly driven by the limited availability of land, growing demand for food, and the increase in awareness about modern farming practices and technology. To tap the untapped business potential segment, many multi-national companies are investing in the herbicides industry with innovative technology. The growing environmental concerns, exemption from patent laws and regulations, stringent approvals and regulations can act as restraints for the growing herbicides industry.
This report also profiles leading players of this industry, along with their recent developments and other strategic activities. The players include Syngenta (Switzerland), BASF (Germany), Dow AgroSciences (U.S.), Monsanto Company (U.S.), and DuPont (U.S.). Agreements, partnerships, and collaborations are the most common strategies followed by these companies, and are predicted to give a new dimension to this market from 2014 to 2019.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Market Analysis Of Herbicides Market
6 Industry Analysis Of Herbicides Market
7 Herbicides Market, By Type
8 Herbicides Market, By Mode Of Action
9 Herbicides Market, By Crop Type
10 Herbicides Market, By Geography
11 Competitive Landscape
12 Company Profiles
- Cheminova A/S
- Chemtura Corporation
- Dow Chemical Company
- Drexel Chemical Company
- E.I. Dupont De Nemours & Company
- Monsanto Company
- Nissan Chemical Industries Ltd
- Nufarm Limited
- Syngenta AG
- Wilbur-Ellis Company
For more information visit http://www.researchandmarkets.com/research/dvrvcw/herbicides_market
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SOURCE Research and Markets