Aquatic Herbicides - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Aquatic Herbicides Market is accounted for $597.05 million in 2020 and is expected to reach $1105.10 million by 2028 growing at a CAGR of 8.0% during the forecast period. Rise in adoption of integrated weed control and advantages over other treatment methods are the major factors propelling the market growth. However, water use restriction, taste factor and toxicity, stringent government regulations for the approval of global aquatic herbicides are hampering the market growth.
Aquatic herbicides are employed to control the growth of unwanted vegetation in water. These herbicides are approved for the use in water. Aquatic herbicides help in controlling the growth of weeds in water bodies. They enter the plants through leaves and roots and target the physiological processes in plants, which are necessary for their growth. Aquatic herbicides inhibit enzymes, involved in the synthesis of amino acids, which are responsible for plant growth. Disrupting photosynthesis or restricting the synthesis of plant pigments is other ways in which the herbicides restrict the growth of weeds. This, in turn, stunts their growth and eventually kills these plants.
Based on mode of action, the selective segment is going to have a lucrative growth during the forecast period owing to the use of selective herbicides for applications, where selective type of crops need to be killed, without causing harm to the other vegetation around it. Also, these selective herbicides are not harmful to other living organisms in the same aquatic system and target only definite selective herbicides.
By geography, North America is going to have a lucrative growth during the forecast period due to the presence of major aquatic herbicide manufacturers operating, and the increasing adoption of integrated weed management. This increased use of aquatic herbicides in agricultural and recreational waters is driving the growth of the aquatic herbicide market in North America.
Some of the key players profiled in the Aquatic Herbicides Market include Albaugh, Alligare, Aquacide Company, BASF, Dow Chemical, Land O'Lakes, Lonza Group Ltd, Monsanto, Nufarm, Platform Specialty Products, Sanco Industries, SePRO Corporation, SOLitude Lake Management, Syngenta AG, UPL Limited, and Valent.
Mode of Actions Covered:
• Copper & Chelated Copper
• Agricultural Waters
• Recreational Waters
• Retention Ponds
• Development Waters
• Flood Control Canals
• North America
Rest of Europe
• Asia Pacific
Rest of Asia Pacific
• South America
Rest of South America
• Middle East & Africa
Rest of Middle East & Africa
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