Herbicides Safener Market by Type (Benoxacor, Furilazole, Dichlormid, Isoxadifen, and Others), Crop (Corn, Soybean, Wheat, Sorghum, Barley, Rice, Others), Application (Pre-emergence and Post-emergence): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026744 | Pages: 100 | Industry: Chemicals and Materials | Date: Oct 2022 | Type: Global

The market crossed US$ 1.1 billion mark in 2022 and is expected to hit US$ 1.9 billion by 2030, recording a CAGR of 7.0% during the forecast period.

Rising instances of herbicide-induced crop damage.

While without lowering the activity of herbicides on undesired and pervasive weed species, herbicide safeners can selectively protect crop plants from herbicide damage. Various safeners are used commercially to improve the herbicide choosiness between crop and weed species, which can either be applied along with the herbicide as a mixture or as a seed treatment to the crop seed. Research conducted by IACR-Long Ashton Research Station in the United Kingdom inferred that the plants preserved with a seed-dressing of the herbicide safener, naphthalic anhydride (NA), before smearing herbicide suffered less damage as compared to the plants grown from untreated seed.

Herbicide safeners are applied in the pre/post-emergence treatment of crops to get better results in terms of yield and quality. Thus, the growing instances and increasing awareness of herbicide damage to the crop are probable to fuel the demand for herbicide safener-based formulations.

Within the report, the market is segmented into product type, crop, and geography. By type, the market is further segmented into benoxacor, furilazole, dichloride, isoxadifen, and others. Based on crop, the market is bifurcated into corn, soybean, wheat, sorghum, barley, rice, and others. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

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Creating safer mixtures of herbicides with biological sources

Formulated bioherbicides commonly contain the active ingredient, a living biotic agent, a carrier, and adjuvants. These may contain nutrients and other substances to nurture the agent. It acts as a protectant during exposure to adverse environmental conditions, assists host infection, and supports optimum weed control efficacy. Natural herbicides provide several benefits over chemical herbicides, including excellent selectivity and few adverse effects in organisms other than the target species. They often do not leave residues and occasionally present cases with resistance indicators.

The rising adoption of the soybean segment in the herbicide safener market

Providing both protein and oil, soybeans are a significant crop for the world. In 2017, the USDA reported that 88% of the soybean crop was crushed and processed for industrial uses. Mainly to produce animal feed. To meet the rising domestic demand, China is quickly emerging as a significant soybean importer from several nations. The most popular herbicide safener in combination with S-metolachlor, atrazine, and other active ingredients in the herbicides is businesses like Tenkoz, Syngenta, Corteva Agriscience, ADAMA that already have herbicides mixed in.

 

Recent strategic developments in the herbicides safener market

The herbicides safener market has undergone several significant developments, and a few of these have been mentioned below:

  • Corteva Agriscience and BASF Canada Agricultural Solutions (BASF) publicized a collaboration and a joint approach for weed control by recommending the use of Liberty 200 SN and Enlist herbicides in combination on Enlist E3TM soybean acres in May 2021.

The herbicides safener market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Corteva Agriscience, BASF, LG Display, Bayer, and Syngenta, are among the prominent players operating in the market.

Target audience for the report:

  • Raw material providers
  • Herbicides and other agrochemical importers/exporters
  • Herbicides and other pesticides manufacturers/ supplies
  • Intermediary suppliers like wholesalers and traders
  • Agro-related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policymakers
  • Venture capitalists, private equity firms, and start-up companies
  • Herbicides safener distributors and sales firms
  • End users (farmers)
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Type:
    • Benoxacor
    • Furilazole
    • Dichlormid
    • Isoxadifen
    • Others
  • Crop:
    • Corn
    • Soybean
    • Wheat
    • Sorghum
    • Barley
    • Rice
    • Others
  • Applications:
    • Pre-emergence
    • Post-emergence
  • Region:
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled:
    • Corteva Agriscience
    • BASF
    • Bayer
    • Syngenta

 

The List of Companies:
- Corteva Agriscience
- BASF
- Bayer
- Syngenta

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