North America Herbicides Market was estimated to be USD 6.12 billion in 2021 and is predicted to reach USD 7.68 billion by 2026 with a CAGR of 5.51 %.
Herbicides are pesticides used to control unwanted plants while leaving the desired crop unharmed. Based on Composition, Herbicides are divided into Synthetic Herbicides and Bioherbicides. Synthetic Herbicides are made from chemicals which may harm the environment and Bioherbicides are chemical formulations made from organic substances.
Some of the major drivers driving the market are rising Demand for high agricultural productivity, increasing Populace and rising disposable income. 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.
North America Herbicides Market Segmentation:
North America Herbicides Market is segmented on the basis of Type, Crop Type, and Mode of Action. On the basis of Type, market is segmented into Synthetic and Bioherbicides. Further on the basis of Synthetic Herbicides, market is further segmented into Glyphosate, 2, 4-D, Diquat, Others. On the basis of Crop Type, market is segmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others. On the basis of Mode of Action, market is further segmented into Selective, Non-Selective. Cereals and Grains segment accounted for highest share in the market owing to the increased consumption in diets. Geographically, North America market is segmented into US and Canada. North America is a mature market and is expected to increase continuously throughout the forecast period.
Key Players:
The Major Players in this market are BASF SE, E.I. du Pont de Nemours & Company, The Dow Chemical Company, Monsanto Company, Syngenta AG, FMC Corporation, Platform Specialty Products Corporation, Drexel Chemical Co., Nissan Chemical Industries Ltd., and Nufarm Ltd.
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 Epidemology
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 Type
5.1.1 Introduction
5.1.2 Synthetic Herbicides
5.1.2.1 Glyphosate
5.1.2.2 2, 4-D
5.1.2.3 Diquat
5.1.2.4 Others
5.1.3 Bioherbicides
5.1.4 Y-o-Y Growth Analysis, By Type
5.1.5 Market Attractiveness Analysis, By Type
5.1.6 Market Share Analysis, By Type
5.2 Crop Type
5.2.1 Introduction
5.2.2 Cereals & Grains
5.2.3 Oilseeds & Pulses
5.2.4 Fruits & Vegetables
5.2.5 Others
5.2.5 Y-o-Y Growth Analysis, By Crop Type
5.2.6 Market Attractiveness Analysis, By Crop Type
5.2.7 Market Share Analysis, By Crop Type
5.3 Mode of Action
5.3.1 Introduction
5.3.2 Selective
5.3.3 Non-Selective
5.3.4 Y-o-Y Growth Analysis, By Mode of Action
5.3.5 Market Attractiveness Analysis, By Mode of Action
5.3.6 Market Share Analysis, By Mode of Action
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Crop Type
6.1.3.4 By Mode of Action
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Crop Type
6.1.4.4 By Mode of Action
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Crop Type
6.1.5.4 By Mode of Action
6.2 United States
6.3 Canada
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 BASF SE
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 The Dow Chemical Company
8.3 E.I. du Pont de Nemours & Company
8.4 Monsanto Company
8.5 Syngenta AG
8.6 FMC Corporation
8.7 Platform Specialty Products Corporation
8.8 Nufarm Ltd.
8.9 Nissan Chemical Industries Ltd.
8.10 Drexel Chemical Co.
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.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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