Aquatic Herbicides Market Outlook
Aquatic herbicides are pesticides that are used to control aquatic plant life. They are used in a variety of applications, including agriculture, fisheries, and recreational waters. The global aquatic herbicides market is expected to reach a value of USD 1.2 billion by 2030, registering a CAGR of 5.2% during the forecast period.
The growth of the aquatic herbicides market is being driven by a number of factors, including:
- The increasing demand for food and aquaculture
- The need to control aquatic weeds in irrigation canals
- The growing popularity of recreational activities such as fishing and boating
- The increasing awareness of the environmental impact of aquatic weeds
Types of Aquatic Herbicides Market
There are two main types of aquatic herbicides:
- Selective herbicides: These herbicides kill specific types of aquatic plants, while leaving other plants unharmed.
- Non-selective herbicides: These herbicides kill all types of aquatic plants.
Applications of Aquatic Herbicides
Aquatic herbicides are used in a variety of applications, including:
- Agriculture: Aquatic herbicides are used to control aquatic weeds in rice paddies and other agricultural water bodies.
- Fisheries: Aquatic herbicides are used to control aquatic weeds in ponds, lakes, and rivers that are used for fish farming.
- Recreational waters: Aquatic herbicides are used to control aquatic weeds in lakes, rivers, and reservoirs that are used for swimming, boating, and fishing.
The key players aquatic herbicides market include:
- BASF SE
- Bayer CropScience Ltd.
- FMC Corporation
- Syngenta AG
- Sumitomo Chemical Co., Ltd.
- Dow AgroSciences LLC.
Future Outlook for the Aquatic Herbicides Market
The aquatic herbicides market is expected to continue to grow in the future, driven by the factors mentioned above. The market is expected to be dominated by the selective herbicides segment, but the non-selective herbicides segment is expected to grow at a faster rate. The Asia Pacific region is expected to be the fastest-growing market for aquatic herbicides.
Browse In-depth Market Research Report (128 Pages, Charts, Tables, Figures) Aquatic Herbicides Market : https://www.marketresearchfuture.com/reports/aquatic-herbicide-market-6461
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