The global herbicides market size was USD 36.93 Billion in 2021 and is expected to register a revenue CAGR of 6.09% during the forecast period, according to latest analysis by Emergen Research. Rapid adoption of better farming practices globally, reduction in fertile land for farming purposes, and rising development of advanced agricultural technologies are some of the key factors driving market revenue growth. Shortage of workers for hand weeding crop fields in various emerging countries, such as China, India, and Bangladesh, owing to rapid urbanization where majority of individuals are migrating to urban areas, is another factor increasing demand for herbicides. Various benefits of herbicides compared to tillage, such as reduced erosion, greenhouse gas emissions, fuel usage as well as nutrient runoff, are contributing to growth of the market.     

The Global Herbicides Market report provides vital information that prepares market players to give fierce competition to their toughest competitors based on growth, sales, and revenue, among other essential factors. The research study sheds light on the key growth opportunities and market trends along with other vital market dynamics, including the drivers and restraints on the industry growth. With this report, the prospective buyers can be sure to become capable of adapting to the changes in the Herbicides industry. The North American segment is estimated to contribute over 38 percent to the market’s incremental growth. The countries in the region are concentrating on developing their chemical infrastructure. Furthermore, the region also consists of several leading oil-producing companies such as the US, Mexico, and Venezuela.

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The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

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Leading Companies of the Home Security System Industry and Profiled in the Report are:

UPL, BASF SE, Bayer AG, DuPont, ADAMA, Syngenta, FMC Corporation, Drexel Corporation, Sumitomo Chemical Co., Ltd., and Nufarm.

Emergen Research has segmented the global herbicides market based on type, application, mode of action, and region:

• Type Outlook (Revenue, USD Billion; 2019-2030)

  • Synthetic
  • Bio-based

• Application Outlook (Revenue, USD Billion; 2019-2030)

  • Pulses Oilseeds
  • Grains Cereals
  • Commercial Crops
  • Fruits Vegetables
  • Turf Ornamentals
  • Others

• Mode of Action Outlook (Revenue, USD Billion; 2019-2030)

  • Selective
  • Non-selective

Regional Analysis:

The report sheds light on the region expected to dominate the Home Security System market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Home Security System market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

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