Global Aquatic Herbicides market to reach USD 764.4 million by 2025.
The Aquatic herbicides market is developing and expanding at a significant pace. The Aquatic herbicides market is mainly driven owing to the rising adoption of integrated weed control on the global scenario. The aquatic herbicides have their utility when the long-lasting weed control is mandatory at lower cost along with less undesired side effects.The aquatic plants which cause weed problems could be placed into four groups which includes floating weeds, submersed weeds, algae and emersed weeds. Algae is the most common type of weeds taking into consideration aquaculture ponds. The shape & size may vary from the multiple and single celled plants to the branched plants which resembles submersed aquatic weeds. Unlike the other aquatic plants algae does not have the ability to produce seeds or flowers. The issues among the applicators considering fish kills, effect of herbicide application, damage to the desirable plants & prolonged process of approval owing to the stringent regulatory process are acting as restraining factors in the aquatic herbicides market growth.The benefits of utilizing the aquatic herbicides over the various other treatments methods which includes manual & mechanical methods are also fuelling the growth of aquatic herbicides market on the global scenario. The Aquatic weeds restrict the movement of water, recreational waters and fisheries. Moreover, the aquatic weeds degrade the quality of water, leas to economic losses for the agriculture fields, reduce biodiversity, fisheries and other recreational sectors.
• Rising demand of aquatic herbicides and enhancing utility of aquatic weeds in all regions of the globe is expected to promote the growth of global Aquatic herbicides market during the forecast period.
• Asia Pacific is expected to be the fastest growing region in Aquatic Herbicides market during the forecast period.
• Foliar application is expected to be the fastest growing segment in the global Aquatic Herbicides market during the forecast period.
• Investment is the key strategy adopted by the major market players in the global Aquatic Herbicides market during the forecast period.
The Companies involved in the market are as follows:
Land O Lakes
Platform Speciality Products
Bizwit Research & Consulting LLP has considered following segments for the study:
By Mode of Action:
• Agricultural Waters
• Recreational Waters
By Application Method:
The regional analysis of Global Aquatic Herbicides Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025. The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
• North America
• Asia Pacific
• Latin America
• Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Aquatic Herbicides Market in Market Study:
§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers