Pesticides constitute the largest category within the market for crop protection chemicals, with Biopesticides accounting for a comparatively minute share. Global consumption of Synthetic Herbicides is projected to reach 1.2 million tons by volume and US$27.2 billion by value by 2020 at a respective CAGR of 4.9% and 5.4% between 2015- 2020.
The functioning of herbicide-tolerant crops in the initial years of use was quite remarkable. However, overreliance on the same resulted in weed communities shifting and resistant weeds emerging, factors that have thereby compelled farmers to adopt an incremental approach towards increasing application rates of herbicides (particularly glyphosate), increasing the frequency of spraying and adding new herbicides. All these factors have contributed to and would continue contributing to a steady growth in the volume of herbicides applied per acre of HT corn, cotton and soybeans. Other factors driving the markets for pesticides include decreasing arable land, increasing population and the requirement of improving crop yields.
On the other hand, regulatory authorities such as EPA (Environment Protection Agency) frequently come up with stringent laws related to curbing pesticide use for alleviating environmental damage and increasing consumer awareness about pesticide consumption, which is expected to be instrumental in slowing down growth in demand for herbicides. Restrains like, low per capita usage of pesticides in several regions, shrinking farm lands, and burgeoning research and development costs are also slowing down the market. In addition, several highly toxic pesticides have either been banned or are in the process of being phased out, or remain under constant reviews by the regulatory agencies.
The report also analyzes the global market for herbicides by application area, including Crop-Based Applications (Grains & Cereals, Oilseeds and Fruits & Vegetables) and Non-Crop-Based Applications (Turf & Ornamental Grass and Other Applications). Synthetic herbicides dominate the global scenario in terms of volume consumption and value demand. By application area, crop-based end-uses of herbicides are likely to maintain the fastest growth in terms of volume consumed and value demand during the similar period, and retain the leading raking in terms of largest application area.
Despite being the largest market for Pesticides, demand growth in North America is likely to be the slowest, while Asia-Pacific is expected to emerge as the fastest growing market Increasing demand from major end-use applications of glyphosate-tolerant GM crops and conventional crops will bolster demand for glyphosate-based herbicides and since the agriculture sector in Asia-Pacific and Latin America has been undergoing rapid growth, demand for glyphosate-based herbicides is likely to be further propelled.US, China, Japan and Taiwan have the highest per capita (Kg/ha) usage of pesticides when compared to low consumption in countries like India, Greece among others. However, the need for food security and better reforms will drive the market in these countries.
Major companies covered in the report include American Vanguard, Arysta LifeScience, BASF SE, Bayer CropScience, BioWorks, Cheminova, Chemtura Corp, Chr Hansen, Dow AgroSciences, DuPont, FMC Corp, Isagro SpA, Ishihara Sangyo Kaisha, Makhteshim Agan, Marrone Bio Innovations, Monsanto, Natural Industries, Novozymes A/S, Nufarm Ltd, Sumitomo Chemical, Syngenta AG and Valent Biosciences. The key strategies used by companies in this market are new product registrations, acquisitions to enter new markets. The focus in this industry should be on integrated pest management techniques and sustainable practices for an improved yield without harming the environment.
In this report we offer,
1. Market Definition for the specified topic along with identification of key drivers and restraints for the market.
2. Market analysis for the Global herbicide market, with region specific assessments and competition analysis on a global and regional scale.
3. Identification of factors instrumental in changing the market scenarios, rising opportunities and global consumer trends.
4. Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
5. Identification and analysis of the Macro and Micro factors that affect Global herbicide market on both global and regional scale.
6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Why should you buy this report?
1. For getting a comprehensive overview of the Global herbicide market.
2. To gain wide ranging information about the major players in this industry and the strategies adopted by them.
3. To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.
1. INTRODUCTION
1.1 Definition of the Market
1.2 Research Methodology
1.3 Report Description
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
3.1 Introduction
3.2 Product Overview
3.3 Patented & Generic Pesticides
3.4 Regulatory Environment
3.5 Trade regulations and policies
4. MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1 Growing Demand for food safety & Quality
4.2.2 Adoption of new farming practices
4.2.3 Shrinking farm land
4.3 Constraints
4.3.1 Major regions facing pesticides ban
4.3.2 Research and Development costs Burgeoning
4.3.3 Low per capita use of pesticides in several regions
4.3.4 Conflict on the use of GM Crops
4.4 Opportunities
4.4.1 Developing regions witnessing faster demand
4.4.2 Sustainable and Integrated pest management techniques
4.5 Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products and Services
4.5.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By product group/segment
5.1.1 Synthetic pesticides
5.1.1.1 Synthetic Herbicides
5.2 By Application
5.2.1 Crop based
5.2.1.1 Grains & Cereals
5.2.1.2 Oil seeds
5.2.1.3 Fruits & Vegetables
5.2.2 Non Crop based
5.2.2.1 Turf & Ornamental Grass
5.2.2.2 Others
5.3 By Geography
5.3.1 North America
5.3.1.1 U.S.
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 France
5.3.2.3 UK
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 Australia
5.3.3.2 China
5.3.3.3 India
5.3.3.4 Japan
5.3.3.5 South Korea
5.3.3.6 Rest of Asia pacific
5.3.4 Latin America
5.3.4.1 Argentina
5.3.4.2 Brazil
5.3.4.3 Rest of Latin America
5.3.5 Rest of World
5.4 Competitive Landscape
5.4.1 Mergers & Acquisitions
5.4.2 Market Share Analysis
5.4.3 Strategies Adopted by Leading Players
5.4.4 Most active companies in the past five years
5.5 Company Profiles
5.5.1 Adama Agricultural Solutions Ltd (Formerly Makhteshim Agan Industries Ltd) (Israel)
5.5.2 American Vanguard Corporation (United States)
5.5.3 Arysta LifeScience (Japan)
5.5.4 BASF SE (Germany)
5.5.5 Bayer CropScience AG (Germany)
5.5.6 Bioworks Inc (United States)
5.5.7 Cheminova A/S (Denmark)
5.5.8 Chemtura AgroSolutions (United States)
5.5.9 Dow AgroSciences LLC (United States)
5.5.10 DuPont (United States)
5.5.11 FMC Corporation (United States)
5.5.12 IsAgro Spa (Italy)
5.5.13 Ishihara Sangyo Kaisha Ltd (Japan)
5.5.14 Marrone Bio Innovations Inc (United States)
5.5.15 Monsanto Company (United States)
5.5.16 Natural Industries -Novozymes (United States)
5.5.17 Nufarm Ltd (Australia)
5.5.18 Syngenta International AG (Switzerland)
5.5.19 Valent Biosciences Corp (United States)
5.6 Patents Scenario
6. Appendix
6.1 Abbrevations
6.2 Sources
6.3 Bibliography
6.4 Disclaimer