Herbicides Safener Market

Market Leaders - Herbicides Safener Market

The market for Herbicides safener is estimated at USD 1.1 billion in 2022; it is projected to grow at a CAGR of 7.5% to reach USD 1.6 billion by 2027. Herbicide safeners are majorly used in selective herbicides. However, increased demand for herbicide-resistant GM crops in North America and South America is expected to boost the growth in the utilization of non-selective herbicides. This, in turn, is expected to further strengthen the demand for safeners for non-selective herbicides in these regions during the forecast period.

The Herbicides safener market consists of a few globally established players such as Corteva Agriscience (US), BASF (Germany), Bayer (Germany), and Syngenta (Switzerland), Nufarm (Australia), ADAMA (Israel), Arysta LifeScience (US), Drexel Chemical Company (US), Winfield United (US), Sipcam-Oxon (Italy), Helm AG (Germany), Tenkoz (US), Rainbow Agro (China), and Helena Agri Enterprise (US). Strategic partnerships were the dominant strategy adopted by the key players, followed by expansions and new product launches. These strategies have helped them to increase their presence in different regions and industrial segments

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Corteva Agriscience is the only major agriscience company solely dedicated to agriculture. Corteva Agriscience was formed by the merger of DuPont Pioneer, DuPont Crop Protection, and Dow AgroSciences. Corteva Agriscience was spun off from DowDuPont on June 1, 2019, becoming a separate company. The collective success of Corteva Agriscience has been built on the development of exceptional seed, crop protection, and digital products that farmers rely on. It focuses on increasing crop productivity through sustainable and world-class solutions, allowing farmers to get the most out of every acre while conserving resources and sustaining the land. The agriculture segment has a diverse global network that markets and distributes the company’s brands to customers worldwide. Herbicide safeners are available, as are the company’s various selective and non-selective herbicides.

Syngenta is a global leader in crop protection products, with over 145 crop protection products offered across the globe. These products can be used for over 200 types of crops. The company is engaged in the development, production, and marketing of various agrochemical products to improve crop yield. It operates through 3 business segments, namely, crop protection, seeds, and lawn & garden. Syngenta group offers a comprehensive range of high-quality, long-term solutions that assist farmers in combating threats and ensuring enough safe, nutritious, and affordable food while minimizing the use of land and other agricultural inputs. In 2017, ChemChina, a Chinese chemical company, acquired Syngenta. Thereafter, Syngenta has been operating as a fully owned subsidiary of ChemChina. With the wide offering of herbicides with herbicide safeners as a co-formulant, the company is one of the major players in the herbicide safeners market.

Bayer (Germany) is a global enterprise with expertise in the field of healthcare, agriculture, and high-tech polymers. Bayer Group has three divisions: crop science, pharmaceutical, and corporate center. Bayer CropScience (Germany) operates as a part of the Bayer Group (Germany) and has businesses in the areas of seeds, crop protection, and non-agricultural pest control. Crop Science is a global agriculture enterprise with businesses in seeds, crop protection, and non-agricultural pest control. The Crop Protection operating unit markets a diverse portfolio of high-value seeds and pest management solutions, while also providing extensive customer service for sustainable agriculture. The Environmental Science operating unit offers products and services for non-agricultural professional applications such as vector & pest control and forestry. As of June 3, 2002, Bayer CropScience AG operates as a subsidiary of Bayer AG. These segments manage its business operations independently in line with the organization’s objectives. Bayer offers herbicide products under various brand names such as Corvus, DiFlexx, Degree, and Harness. The Bayer Group holds around 374 consolidated companies in more than 120 countries. It supplies its products and solutions through its subsidiaries such as Bayer Agriculture Ltd. Cambridge (UK), Bayer Chemical AG Leverkusen (Germany), Bayer CropScience AG (Germany), and Bayer CropScience Holding SA (France).

BASF is a chemical manufacturing company that operates through its business segments: chemicals, performance products, functional materials and solutions, agricultural solutions, and oil & gas. Under these broad categories, it offers products such as intermediate chemical products, monomers, petrochemicals, dispersions & pigments, care chemicals, nutrition & health, paper chemicals, performance chemicals, catalysts, construction chemicals, coatings, performance materials, crop protection, and oil & gas. The company provides different agricultural surfactants and raw materials. BASF has a long and distinguished history of providing innovative weed control solutions to growers, foresters, golf course superintendents, and industrial land managers. Its pioneering U46, introduced in 1949, was one of the first selective herbicides primarily used in cereal crops. Other herbicide breakthroughs, such as Basagran®, followed in the mid-1970s. It enabled no-till farming (planting crops with minimal soil disturbance) for the first time when combined with Poast®. Sharpen® herbicide, powered by Kixor® technology, currently leads the way in no-till fields, with unique chemistry that provides foliar and soil activity on today’s toughest weeds. BASF operates through its subsidiaries and joint ventures in more than 80 countries. It has 6 integrated production sites and 352 other production sites in Europe, Asia, Australia, the Americas, and Africa.

Related Reports:

Herbicides Safener Market by type (Benoxacor, Furilazole, Dichlormid, Isoxadifen), Crop (Corn, Soybean, Wheat, Sorghum, Barley, Rice), Herbicide Selectivity, Herbicide Application Stage (Post-emergence, Pre-emergence) & Region - Global Forecast to 2027

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Herbicides Safener Market Size,  Share & Growth Report
Report Code
AGI 6660
RI Published ON
5/26/2022
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