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Region : Global | Published Date: Upcoming | Report ID: FBI100344| Status : Upcoming
Fisheries and aquaculture are an important source of animal protein for human consumption and play a vital role in addressing the food and nutrition requirement of the growing population. According to the FAO, human consumption of fisheries and aquaculture products witnessed a growth of 3.07% (CAGR) during the period from 2011 to 2016.
Aquatic vegetation or weeds are the most common aquatic pests in the water body (river, lake, ponds, etc.) often cause considerable economic losses. Aquatic weeds reduce the effectiveness of water bodies for fish production. Prolific growth and reproduction characteristics of aquatic weeds differ from the native plants and aquatic weeds often displace native plants or other more desirable plants due to their superior ability to compete for available nutrients, space, and light.
Aquatic weeds also cause a disturbance in irrigation channels (reduce the water flow capacity of irrigation canals) and damage pumps and turbines in super thermal power stations and hydroelectric power stations. Considering the economic losses, control of aquatic weeds growth is essential to enhance the efficiency of the aquatic ecosystem for fishery and other activities. Control of aquatic weeds with herbicides is usually easier, faster, and frequently cheaper than by any other traditional/conventional methods. Most of the aquatic herbicides available in the market place are low in mammalian toxicity and are economical. Hence, growth in fisheries and aquaculture farming and economic losses due to the weed infestation are supporting the demand growth of aquatic herbicides.
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Aquatic herbicides are the chemicals that are toxic to the aquatic plants and destroy unwanted vegetation in water bodies. Selection of aquatic herbicides depends on the type of weed species, dosage, leaf stage (3-4), and level of infestation. Rate of application of aquatic herbicides varies from 0.5 to 1 kg per hectare.
Increasing the adoption of integrated weed management is the main driver for the aquatic herbicides market. Aquatic herbicides are more economical than conventional methods like manual and mechanical weed management. Stringent regulations and water toxicity factors are some restraining factors for the growth of the aquatic herbicides market.
Some of the key companies that are present in the global aquatic herbicides market are DowDuPont, BASF SE, Syngenta, SePRO Corporation, Alligare LLC, Land O’Lakes, UPL, Nufarm, Bio Safe Systems LLC, Platform Specialty products, Albaugh, and Sanco Industries, Ltd.
· 2, 4-D
By Mode of Action
· Selective Herbicides
· Non-selective Herbicides
By Type of Weed
· Foliar (Emersed & Free-floating Weeds)
· Submersed Weeds
By Application Area
· Recreational Waters
· Agricultural Waters
· North America (U.S., Canada, and Mexico)
· Europe (Germany, France, Italy, Spain, U.K., and Rest of Europe)
· Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
· South America (Brazil, Argentina, and Rest of South America)
· Middle East & Africa (South Africa and Rest of ME&A)
Glyphosate, 2,4-D (ester, amine, and sodium), diquat, imazapyr, endothall, and fluridone are some of the key herbicides used in control of aquatic weeds. 2,4-D and glyphosate are the dominating active ingredients in the aquatic herbicides market.
Foliar method of aquatic herbicide segmentation is dominating the market than the submerged method due to its better weed control ability. The aquatic herbicide market is segmented as selective and non-selective on the basis of its mode of action. Considering, a wide range of action and low cost, non-selective aquatic herbicides are in high demand.
North America is the dominating region in aquatic herbicide market due to the adoption of integrated weed management in the irrigation channels and aquaculture farming. Growing aquaculture farming is projected to support the growth of the aquatic herbicides market in countries such as China and India.