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The application of selective herbicides regulates the growth of specific weed species, leaving the desired crop unharmed. This feature makes selective herbicides less harmful to the environment when they are used properly. The primary aim of selective herbicides is to defend the crop in the initial growth stages. Crop yields can reduce if the crop growth is hindered at initial growth stages because of weed growth. Therefore, the demand for selective herbicides is predicted to increase.
The prominent players operating in the market are focused on the new launch and research and development of new selective herbicides which has more sophisticated selectivity that distinguishes amid numerous broadleaf and numerous grass plants. The adoption of aforementioned strategies is expected to help the companies to increase their footprint in the global market.
Weed control is one of the toughest challenges faced by in producing crops, since poorly controlled weeds significantly reduce crop quality and yield. Hence, the farmers are always searching for effective herbicides to increase the crop yield. For instance, maximum famers use selective herbicides that permit crops to grow and survive while eliminating the weeds in the field. The weed control in crops has been a time consuming and labor intensive mechanical practice, hence the demand for herbicides is predicted to rise in the forthcoming years, especially selective herbicides as they are harmless to the desired crops. The ease of availability of highly effective selective herbicides has resulted in farmers becoming increasingly dependent on selective herbicide which is predicted to boost the sale of selective herbicides in forthcoming years.
Key Market Driver -
Increasing Demand for Efficient Crop Protection Products
Key Market Restraint -
Region-specific Rules Regarding the Launch of New Selective Herbicide
The region-specific rules regarding the usage and launch of new chemical selective herbicides as they have some adverse effect on environment is predicted to hamper the market growth.
The prominent players operating in the global selective herbicides market are BASF SE, FMC Corporation, Monsanto, Nissan Chemical Industries, Corteve Agriscience, DowDuPont, Arysta, Israel Chemicals Ltd. Syngenta, Drexel Chemical, and Others.
2,4-D is predicted to hold significant share in the global market of selective herbicides. The increasing usage of 2,4-D based products in various forms, such as powder and sprays across various countries, is predictable to boost the use of 2,4-D in the production of selective herbicides. The application of 2,4-D containing selective herbicides can help to kill weeds such as fiddleneck, mustards in cereals, and leaves the cereals unharmed. The effective and precise working of 2,4-D containing selective herbicides is expected to boost the demand for it.
Selective herbicides are extensively utilized for the production of cereals owing to their increasing production and high demand. The farmers are inclined towards the cultivation of staple crops such as cereals and pulses which is expected to boost the demand for selective weed controller from cereals cultivators. Moreover, the long term use of selective herbicides for the cultivation of cereals is economical, and more efficient, which is anticipated to increase the utilization of selective herbicides for the cultivation of cereals.
Asia Pacific is predicted to grow at significant pace in the global market of selective herbicides. The rising adoption of better farming practices and increasing production of cereals within Asia Pacific is predicted to drive the market growth. The growers are more inclined towards advanced farming practices to upsurge their overall crop yield and quality which is predicted to boost the sales of selective herbicides within the region.
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North America is expected to hold significant share in the global selective herbicide. The well-established agriculture sector and advancement in research and development of new technology in North America is predicted to drive the market growth within region. Moreover, the usage of selective herbicide is not restricted to the agricultural field, it is also used for the weed control in forests and lawns which is predicted to boost the demand for selective herbicides within the region.
By Crop Type
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