New York, NY, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Aquatic Herbicides Market by Type (Glyphosate, 2, 4-D, Imazapyr, and Others), by Method (Foliar and Submerged), and by Application (Agricultural Water, Recreational Water, and Fisheries): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global aquatic herbicides market was valued at approximately USD 525 million in 2018 and is expected to generate around USD 830 million by 2025, at a CAGR of around 6.65% between 2019 and 2025.
The rising adoption of weed control is the primary factor that is likely to drive the global aquatic herbicides market growth in the future. Aquatic herbicides are utilized when long-lasting weed control becomes obligatory at low costs coupled with less negative effects on aquatic life. The benefits of using aquatic herbicides include the introduction of weed eating fishes, insects, and other micro-organisms. This, in turn, is anticipated to further fuel the aquatic herbicides market globally over the estimated timeframe. In addition, the expansion of aquaculture farms is expected to positively impact the aquatic herbicides market globally in the upcoming years. Aquaculture farmers are the end-users of aquatic herbicides. Furthermore, the growing inclination of organic farming among aquaculture farmers is projected to provide significant growth opportunities for the market. However, the time–consuming process of getting approval for the herbicides usage may hinder this market’s growth in the future.
Browse through 42 Tables & 21 Figures spread over 110 Pages and in-depth TOC on “Global Aquatic Herbicides Market: Industry Type, Size, Share, by Methods, Market Trends, Analysis and Forecast, 2018–2025”.
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Based on the type, the global aquatic herbicides market is segmented into Glyphosate, 2, 4-D, Imazapyr, and others. Glyphosate segment is expected to dominate the aquatic herbicides market globally, due to glyphosate’s ability to provide long-term control of weeds at economical costs. On the basis of the method, this market is categorized into foliar and submerged. The foliar segment is expected to dominate the aquatic herbicides market growth, as it ensures better weed coverage as compared to the submerged method. On the basis of application, the aquatic herbicides market is classified into agricultural water, recreational water, and fisheries. The fisheries segment is likely to dominate the aquatic herbicides market globally over the estimated timeframe. Aquatic weeds can minimize the fish production as they degrade the water quality and this has contributed towards the segment growth. In addition, aquatic herbicides are largely used in fish farms.
By region, North America held an extensive revenue share of the global aquatic herbicides market in 2018 and is expected to dominate the market in the upcoming years. This can be attributed to the presence of primary aquatic herbicides manufacturers operating on global and regional levels coupled with the rising adoption of integrated weed management by the aquaculture farmers.
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The Asia Pacific aquatic herbicides market is projected to grow at the highest growth rate over the forecast timeframe, owing to the growing acceptance of organic farming across the region. Farmers prefer organic farming for pisciculture, as organic farming requires a relative amount of aquatic herbicides, which is expected to fuel the Asia Pacific aquatic herbicides market growth in the upcoming years. Furthermore, the blue revolution in the emerging nations, such as India and China, is anticipated to further drive this regional market growth over the estimated timeframe.
The European region is expected to provide significant growth opportunities for the global aquatic herbicides market over the forecast timeframe, owing to the growing adoption of aquatic herbicides in recreational waters and agricultural waters and the stringent rules formulated by the government and other regulatory bodies.
Browse the full “Aquatic Herbicides Market by Type (Glyphosate, 2, 4-D, Imazapyr, and Others), by Method (Foliar and Submerged), and by Application (Agricultural Water, Recreational Water, and Fisheries): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/aquatic-herbicides-market
Some key players operating in the global aquatic herbicides market include Albaugh, BASF SE, Land O'lakes, DOW Chemical, Lonza, Monsanto, Nufarm, Fluridone, Syngenta, and Sanco Industries, among others.
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This report segments the global aquatic herbicides market as follows:
Global Aquatic Herbicides Market: Type Analysis
- Glyphosate
- 2,4-D
- Imazapyr
- Others
Global Aquatic Herbicides Market: Method Analysis
- Foliar
- Submerged
Global Aquatic Herbicides Market: Application Analysis
- Agricultural Water
- Recreational Water
- Fisheries
Global Aquatic Herbicides Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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