The butachlor market was valued at USD 264.56 million in 2024, and is anticipated to reach USD 278.48 million in 2025 from USD 419.66 million by 2033, growing at a CAGR of 5.26% during the forecast period from 2025 to 2033.
Butachlor is a kind of organic herbicide that belongs to the group of acetanilide that can be used as a pre-emergent against grass. In addition to this, it is a systematic herbicide that acts as a protein synthesis inhibitor and also leads to metabolic dysfunction in the targeted weeds. Besides, it is primarily absorbed by germinating stem shoots and secondarily by weed roots that grow on pre-planted arable croplands. This herbicide is toxic to aquatic life and has low bioaccumulation potential. .it decomposes into toxic gases at high temperatures, and the exposure may cause pneumonitis on inhalation, nausea, vomiting, as well as diarrhea. The butachlor market value is expected to increase more during the outlook period due to the loss of arable lands.
One of the major driving factors of the butachlor market is the rapid growth of demand for food because of the growing population and reduced arable land in different parts of the world. This butachlor can be used in various crops, including wheat, barley, rice, cotton, corn, chilies, sugar beet, etc., which is widely used in various places across Asia Pacific nations like Taiwan and Southeast Asian countries for rice farming. The rise in disposable income and purchasing power parity are some other major driving factors of the butachlor market revenue rate in the next few years.
Strict regulations from the government authorities about the butachlor isarene of a major restraint affecting the growth of the market. Another major limitation to the development of the butachlor market was the opposition of chemicals used in agriculture. Most of the farmers are moving to organic farming, nd the development of better and less harmful substitutes is one of the restraints affecting the growth of the market for fortachlor.
The rise in awareness about the harmful effects of Butachlor is also one of the major challenges hampering the growth of the revenue rate. Another hindering factor of the global Butachlor market was the threats posed by the usage of butachlor to human health and the environment.
Due to the coronavirus pandemic, all companies are suffering in the areas of production and demand, along with supply chain and market disruption, and financial impact. Several companies have halted their production units because of the strict lockdown regulations imposed by the government authorities. Almost all the companies have closed, and due to the financial crisis since March 2020, they have terminated employees because of their inability to pay salaries to them, and are also facing severe financial problems due to the COVID-19 pandemic.
Slowly, all the countries have lifted the lockdown and permitted companies to restart their operations with stringent rules and regulations. Major companies have restarted their manufacturing units, starting the supply chain of their products and helping them to recover from the unexpected financial crisis. In the field of Butachlor market, the companies related to the market were expecting to record some profits in the next two to three years, with an increase in demand for food in Asian countries due to the surge in population.
REPORT METRIC |
DETAILS |
Market Size Available |
2024 to 2033 |
Base Year |
2024 |
Forecast Period |
2025 to 2033 |
CAGR |
5.26% |
Segments Covered |
By Type, By Application |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Qingfeng Agro-chemical, Binning Technology, Syngenta AG, SinoHarvest Corporation, Dow AgroSciences, Bayer CropScience, Shanghai Tenglong Agrochemical Co. Ltd., Monsanto, Shanghai Mingdou Agrochemical Co. Ltd., Zhejiang Ray full Chemicals, Nantong Jiangshan Agrochemical & Chemicals Co. Ltd., Green Land. |
Among these regions, Asia Pacific holds the major share of the Butachlor market owing to the significant growth in revenue due to the rising population especially in some countries like India, China, Japan, Indonesia, and Thailand. Also, increasing demand for food in emerging countries like India and China is helping the growth of the revenue rate in Asia Pacific region.
North America holds the second-largest share of the market of Butachlor due to the rise in disposable income in the United States, Mexico, and Canada. However, stringent government regulations hamper the growth of the market for Butachlor in North American nations.
European region is expected to record an increase in market growth during the forecast period because of the rapid increase of population in countries like Germany, Italy, and Spain. Furthermore, reducing of arable lands across the European area propels the growth of the butachlor market in this locale.
Some of the key players of the global Butachlor market are Qingfeng Agro-chemical, Binnong Technology, Syngenta AG, SinoHarvest Corporation, Dow AgroSciences, Bayer CropScience, Shanghai Tenglong Agrochemical Co. Ltd., Monsanto, Shanghai Mingdou Agrochemical Co. Ltd., Zhejiang Rayfull Chemicals, Nantong Jiangshan Agrochemical & Chemicals Co. Ltd., and Green Land.
This research report on the global butachlor market is segmented and sub-segmented into the following categories.
By Type
By Application
By Region
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