Global Aquatic Herbicides Market was valued at USD 485.9 billion in 2019 which is expected to reach USD 698.22 billion by 2027 at a CAGR 6.5%.
Aquatic herbicides are used to control unwanted vegetation growth in water. These are approved to use in water. Also, aquatic herbicides are helpful to control the growth of weeds in water bodies. Aquatic herbicides enter the plant via roots and leaves and target the physiological process in plants. Aquatic herbicides inhibit enzymes which are involved in synthesis of amino acid.
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However, the Aquatic Herbicides market is quite fragmented and it is a tough competition which is going on, owing the presence of various established names vying for the top position. The target market is also witnessing an ingress of new entrants who are posing challenges to established names with tactical moves like product innovation & new product portfolios. Major companies are countering these challenges by having their own collaboration, merger, acquisition, and other strategies. The Aquatic Herbicides market report is also keeping an eye on the geographies to understand demographical features.
Rise in demand for high agricultural productivity to meet the global food demands which are expected to boost the global aquatic herbicides market growth. Further, surge in population and increase in disposable income of developing region such as Asia Pacific will increase the demand for herbicides will have the positive impact on global aquatic herbicides market growth. Moreover, decrease in number of labors, consequent rise in cost of shortage of labors and shortage of arable lands will fuel the global aquatic herbicides market growth.
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However, rise in healthcare & environment concerns associated with synthetic herbicides are the major restraining factor which is expected to global aquatic herbicides market growth. Also, stringent rules and regulation regarding use of herbicides will affect the growth of global aquatic herbicides market.
Market Key Players
Various key players are discussed in this report such as Sepro Corporation, Platform Specialty Products, UPL, Land O’lakes, Lonza, Nufarm, Syngenta, Monsanto, BASF, and DOW Chemical
- Triclopyr Diquat Imazapyr 2,4 –D
- Glyphosphate Method
- Foliar Submerged
- Agricultural Waters
- Fisheries Recreational Waters
- North America
- Latin America
- Europe Asia Pacific
- Middle East & Africa
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Vishal Thakur Research Support Specialist QualiKet Research 6060 N Central Expy #500, TX 75204, U.S.A Email: email@example.com Website: https://qualiketresearch.com
Research Support Specialist
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