The Latin American Turf and Ornamental Grass Protection market has been estimated at USD 601.59 million in 2021 and is projected to reach USD 821.14 million by 2026, at a CAGR of 6.24% during the forecast period from 2022 - 2027. Herbicides control a wide variety of weeds and mosses with quick visible results. Also, there are pre-emergent herbicides that protects against re-growth. Some of them manage algae in slow-moving or stagnant water. Insecticides control adult and larval stages of surface feeders, weevils, chinch bugs, and mole crickets. They are Compatible with tank-mixes and many pesticides. Some of them work as insect growth regulator. They also help in eliminating phytotoxicity issues on most plants.
The Latin American Turf and Ornamental Grass Protection market is driven through a main factor of increasing awareness in the people about the use of pesticides and other grass protection products. Also, with increasing lands for sports and recreation which has turf surfaces, there has been a good increase in the demand for grass protection products. But, strict government regulations on prices of products can pose a constraint to the market growth.
Latin America Turf and Ornamental Grass Protection Market - By Type:
Turf
Latin America Turf and Ornamental Grass Protection Market - By Product:
Crop protection chemicals market is being dominated by herbicides, accounting for over 41% of the total pesticide volume
Geographical Analysis:
Geographically, Latin America market for Turf & Ornamental grass protection market is segmented into Brazil, Argentina and others. Selected areas in Latin America have been promoting sports and tourism by planting wider areas of golf courses and gardens, thereby justifying a faster growing consumption of pesticides in these regions. Brazil is the largest market within this region.
Major Key Players:
The main companies that are prominent in the Latin American market for Turf and Ornamental Grass Protection market are Adama Agricultural Solutions LTD, American Vanguard Corporation, AMVAC Chemical Corporation, Arysta Lifescience, Bayer cropscience AG, Bio-works Inc, Cheminova A/S, Chemtura agrosolutions, DuPont, FMC Corporation, Syngenta International AG and Valent Bio-sciences Corp.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Turf
5.1.2 Ornamental
5.2 By Products
5.2.1 Herbicides
5.2.2 Insecticides
5.2.3 Fungicides
5.2.4 Other Synthetic pesticides
5.2.5 Bio-herbicides
5.2.6 Bio-insecticides
5.2.7 Bio-fungicides
5.2.8 Other bio-pesticides
5.2.9 Other grass protection products
6. Geographical Analysis
6.1 Introduction
6.2 Brazil
6.3 Argentina
6.4 Rest of Latin America
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Adama Agricultural Solutions Ltd.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 American Vanguard Corporation
8.3 AMVAC Chemical Corporation
8.4 Arysta Lifescience
8.5 Bayer cropscience AG
8.6 Bio-works Inc
8.7 Cheminova A/S
8.8 Chemtura Agrosolutions
8.9 DuPont
8.10 FMC Corporation
8.11 Syngenta International AG
8.12 Valent Bio-sciences Corp
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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