Middle East and Africa Herbicides Market is estimated to reach USD 5.620 billion by 2026 from a market value of USD 4.69 billion in 2021 at a CAGR of 4.56%.
Herbicide is a kind of pesticide that is used to kill unwanted plants while leaving the desired crop unharmed. There are different types of herbicides based on type and Mode of Action. Based on Mode of Action, Herbicides can be classified as Selective and Non-Selective. Selective Herbicides are used for agricultural purposes to kill unwanted plants while leaving the agricultural crops unharmed. Non-Selective Herbicides are used in Waste lands or construction sites to completely clear plant material.
Drivers and Restraints of Middle East and Africa Herbicides Market:
Some of the factors like Rising Demand for high agricultural productivity, increasing Populace and rising disposable income are driving the market. However, Synthetic Herbicides cause so many environmental hazards which resulted in Stringent regulations on the use of Herbicides. These regulations are one of the major factors restraining the market.
Middle East and Africa Herbicides Market – By Type:
Middle East and Africa Herbicides Market – By Crop Type:
Middle East and Africa Herbicides Market – By Mode of Action:
Cereals and Grains segment accounted for highest share in the market owing to the increased consumption in diets.
Geographically, market is segmented into Middle East and Africa. This market is basically untapped compared to the rest of the world.
The key Players in the market are The Dow Chemical Company, BASF SE, Monsanto Company, Syngenta AG, E.I. du Pont de Nemours & Company, FMC Corporation, Nissan Chemical Industries Ltd., Platform Specialty Products Corporation, Nufarm Ltd., and Drexel Chemical Co.
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