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North America Herbicides Market Growth Trends by Market Data Forecast


(EMAILWIRE.COM, February 14, 2018 ) North America Herbicides Market was estimated to be USD 4.35 billion in 2016 and is predicted to reach USD 5.69 billion by 2021 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 Bio herbicides. Synthetic Herbicides are made from chemicals which may harm the environment and Bio herbicides are chemical formulations made from organic substances.

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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 is segmented on the basis of Type, Crop Type, and Mode of Action. On the basis of Type, market is segmented into Synthetic and Bio herbicides. 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.

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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.

Market Segmentation
1) Type
• Introduction
• Synthetic Herbicides
• Glyphosate
• 2, 4-D
• Diquat
• Others
• Bioherbicides
• Y-o-Y Growth Analysis, By Type
• Market Attractiveness Analysis, By Type
 Market Share Analysis, By Type

2) Crop Type
• Introduction
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others
• Y-o-Y Growth Analysis, By Crop Type
• Market Attractiveness Analysis, By Crop Type
• Market Share Analysis, By Crop Type

3) Mode of Action
• Introduction
• Selective
• Non-Selective
• Y-o-Y Growth Analysis, By Mode of Action
• Market Attractiveness Analysis, By Mode of Action
• Market Share Analysis, By Mode of Action

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About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.

Market Data Forecast



Source: EmailWire.Com

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