Trends in Herbicides Market

Synthetic Herbicides Market – Overview

Today, the easiest way to control diseases and pests on the agricultural fields is with the use of synthetic pesticides. Synthetic pesticides account for quite a large share of consumption by volume of greater than 90 percent in the year of 2015. Further, the seasoned market of synthetic pesticides stood at a volume consumption of about 2 million tons in the year 2015 and is expected to expand at a CAGR of 5.5 percent to cross a volume consumption of 3.2 million tons by the year 2020.

The most exhaustively used segment of synthetic pesticides are the synthetic herbicides owing to the variety of crops they protect from getting infested with weeds which include cereals, grains, oil seeds, and other fruit and vegetable crops. The use of selective herbicides has increased rapidly owing to the increasing demand of herbicides which provide the ability of kill a specific target without excessively harming the crop. In this segment, the glyphosate based herbicides are the most popularly used owing to their increasing applications in the agriculture of conventional crops and glyphosate tolerant GM crops.

The main application of synthetic herbicides is for the purpose of the elimination of infestations by a variety of insects. They are employed for the prevention, repelling, and elimination of insects/pests. The demand for synthetic pesticides is relatively lower in the developing regions of the world as the majority of farmers in these regions are still dependent on the application of indigenous methods, and also generally prefer to opt for insecticide products. However, with rising awareness and as a result of higher insect manifestations, the growth of the synthetic pesticides market is anticipated to be the fastest in the Asia-Pacific.

Coming to the matter of crop infestations, the infestation by fungi is seen majorly in crops like maize, rice, wheat, etc. Vegetables and fruits are also prone to fungi infestations and account for more than 35 percent of the market share of fungicides. Grains and cereals are more infested by seed borne diseases like smuts and bunts. Weather factors play a major role in the matter of fungicide consumption majorly owing to the fact that longer and extended winter durations aid in higher sales of fungicides. Triazole and Strobilurin are the two most popularly used fungicides, owing to their curative property and broader feasibility of applications respectively. Global synthetic fungicides consumption is expected to grow at a CAGR of about 6 percent, which makes this the fastest growing segment in the synthetic pesticides market.

Acaricides, Molluscicides and Nematicides, are other varieties of synthetic pesticides. Asia Pacific is expected to be the fastest growing region in terms of volume consumption, and is followed by Europe and Latin America. North America currently accounts for the major stake of the global market and is considered to be a developed and seasoned market.

Rising market process, rapidly rising frequency of foliar diseases, insects with high resistance and the non-availability of the products at ground level are the major constraints being faced by the synthetic herbicides market. Weather and environmental factors further hamper the market growth in some years. The growing demand for food has made it mandatory that agricultural crops are actively protected and the best proactive approach would be an integrative one wherein pests and diseases are eliminated without causing excessive damage to the surroundings and environment.

Check out Market Data Forecast’s comprehensive reports with in-depth analysis about the Herbicides Market free research sample can also be availed. Stay tuned for trending news stories about the latest technologies and interesting Agriculture tit-bits.

Share this post:

Related Posts

Leave a Comment

Webcam Sex XXX