Latin America Butachlor Market

Latin America Butachlor Market Size (2024 to 2029):

The Latin American butachlor market is expected to grow at a healthy CAGR of 5.89% from 2024 to 2029.

Butachlor is mainly used in control of the growth of grass weeds and broadleaf weeds. It is generally applied before the emergence of weed to curb its growth. It checks the formation of protein synthesis in grasses and weeds and thereby restricting their growth. It is an amber liquid, insoluble in water but soluble in most of the organic solvents.

Factors like a limitation of arable lands, an increasing number of invasive species and increasing resistance to existing herbicides and increasing practice of integrated vegetation management are the primary drivers for the growth of the market. However, factors like toxic effects of butachlor and its carcinogenic nature towards humans and animals are restricting the growth of the market.

This research report on the Latin American butachlor market is segmented and sub-segmented into the following categories:

Latin America Butachlor Market – By Application:

• Rice Crop
• Wheat Crop
• Barley
• Others

Latin America Butachlor Market – By Country:

• Mexico
• Argentina
• Brazil
• Chile
• Rest Of Latin America

Based on geographical analysis, the market is divided into regions of Brazil, Argentina, Mexico, and the Rest of Latin America. Brazil holds the major share in the market due to the high consumption of butachlor in the major food crops as well as the presence of market leaders. Argentina is the fastest-growing region due to the increasing adoption rate and increasing demand for effective herbicides. Based on application, Rice crops, and barley crops hold the major share in the market due to rice crops being a staple food source in many Asian countries and barley being a major ingredient in the beverage industry.

KEY MARKET PLAYERS:

Some of the key players dominating this market include Shanghai Tenglong Agrochemical Co. Ltd., Monsanto, Shanghai Mingdou Agrochemical Co. Ltd., Syngenta AG, SinoHarvest Corporation, Dow AgroSciences, Bayer CropScience, Zhejiang Ray full Chemicals, Nantong Jiangshan Agrochemical & Chemicals Co. Ltd., Qingfeng Agro-chemical, Binning Technology, and Green Land.