Aquatic Herbicides Market Segmentation Analysis, Prominent Regions, and Forecast to 2030

Market Scenario

Market Research Future (MRFR) studied the Global Aquatic Herbicides Market for 2022 to 2030. As per MRFR findings, the aquatic herbicide market can thrive at 9.4% CAGR and earn USD 1305.9 million by 2030. The large scale pisiculture practise across different regions is creating the need for aquatic herbicides to maintain quality of water. This can underpin the expansion of the aquatic herbicides market in the coming period. The rise in the adoption of integrated weed management systems can favor the aquatic herbicide market to gain momentum. In addition, environmental concerns, along with the rise in the application of herbicides can boost the expansion of the aquatic herbicides market.

Segment Assessment

The segment assessment of the aquatic herbicide market is done by mode of action, form, type, mode of application, application, and chemical formulation.

The form based segment of the aquatic herbicide market are granules and liquid. The liquid herbicides segment is anticipated to expand faster over other segments in the review period owing to the ease of obtainability and high effectiveness.

The mode of action based segment of the aquatic herbicide market are non-selective and selective. The selective herbicides segment can hold the largest market of the overall share in the study period.

The mode of application based segment of the aquatic herbicide market are sub-surface injection and foliar sprays. The increase in the demand and ease of application of foliar spays can win profits for the aquatic herbicides market.

The chemical formulation based segments of the aquatic herbicide market are diquat, glyphosate, 2, 4-d, imazapyr, and triclopyr among others. Others are flumioxazin, fluridone, copper, and chelated copper. The glyphosate herbicides segment can expand at the highest growth rate as it is the widely used herbicide for its quick action with high efficiency.

The type based segments of the aquatic herbicide market are systematic herbicides and contact herbicides. The extensive use of contact herbicides due to their effective action can cause the aquatic herbicide market to rise at rapid pace in the near future.

The application based segments of the aquatic herbicides market are recreational water, fisheries, and agricultural water among others. The agricultural water is liked to be the leading segment in study period as the agricultural sector is observed to expand rapidly.

Regional Analysis

Trends of the aquatic herbicide market is studied across key regions; North America, APAC, Latin America, and MEA. In North America, the aquatic herbicide market can expand exponentially due to the impact of the agriculture system in the region. In addition, the large scale pisiculture practise in the region can promote the adoption of aquatic herbicides. This can promote the growth of the regional market. The growing popularity of integrated weed management systems can support the expansion of North America market. In Asia Pacific, the aquatic herbicide market can secure the second-largest share of the overall market. APAC aquatic herbicide market can rise at the highest expansion rate across the review period. In Europe, the aquatic herbicide market rise can be attributed to the rapid adoption of integrated weed management systems. The rise in environmental concerns and application of herbicides to boost agricultural activities at affordable labor cost can promote the regional aquatic herbicides market.

Competitive Analysis

Platform Speciality Products Corporation (US), Albaugh LLC (US), Land O’ Lakes, Inc. (US), BASF SE (Germany), Syngenta (Switzerland), Lonza (Switzerland), Nufarm Limited (Australia), DowDuPont (US), Monsanto Company (US), UPL (India), SePRO Corporation (US), Valent BioSciences LLC (US), and Sanco Industries, Inc. (US) are some key aquatic herbicide market players as listed by MRFR.

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