The herbicide safeners market is projected to reach USD 1,206.7 million by 2023, from USD 851.8 million in 2018, at a CAGR of 7.22%. The market is driven by the increased use of herbicides, especially in the developing regions of Asia Pacific and South America. Additionally, with the growing concerns of herbicide injury to the target crops, safeners are used to reduce the crop damage without limiting their activity on the targeted weed species.
- Herbicide, herbicide safener, herbicide surfactants, herbicide adjuvants, and other pesticide manufacturers/formulators/importers/exporters
- Intermediary suppliers, including wholesalers and traders
- Research institutes and organizations
- Government pesticide authorities and regulatory bodies such as the USDA, FAO, PAN, and Eurostat
- Farm cooperative societies and agrochemical industry associations
- DowDuPont (US)
- BASF (Germany)
- Bayer (Germany)
- Nufarm (Australia)
- ADAMA (Israel)
- Syngenta (Switzerland)
- Arysta LifeScience (US)
- Drexel Chemical Company (US)
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Scope of the Report:
This research report categorizes the herbicide safeners market based on type, herbicide selectivity, herbicide application stage, crop, and region.
Based on type, the market has been segmented as follows:
Based onherbicide application stage, the market has been segmented as follows:
Based on herbicide selectivity, the market has been segmented as follows:
- Selective herbicides
- Non-selective herbicides
Based on crop, the market has been segmented as follows:
Based on region, the market has been segmented as follows:
- North America
- Asia Pacific
- South America
- RoW (Africa and the Middle East)
The North American market accounted for the largest share in 2017, due to the availability of safeners in commonly used herbicide formulations such as S-metalochlor and acetochlor from players such as DowDuPont (US), Syngenta (Switzerland), and Bayer (Germany). Moreover, these companies have been able to develop and introduce safeners in these regions for herbicide applications in corn and soybean crops.
The market for herbicide safeners in the Asia Pacific region is projected to grow at the highest CAGR from 2018 to 2023, owing to the increasing demand for pesticides in the cultivation of crops such as rice, corn, and soybean in the region, which has been significant growth in the past five years. Thus, with increasing use of pesticides, including herbicides, the demand for products such as adjuvants and safeners, which can improve the efficiency of pesticides and reduce environmental risks, is expected to increase during the forecast period.