수생 제초제 시장 예측(-2030년) : 유형, 방법, 작용기서, 용도, 지역별 세계 분석

According to Stratistics MRC, the Global Aquatic Herbicides Market is accounted for $757.6 million in 2023 and is expected to reach $1367.3 million by 2030 growing at a CAGR of 8.8% during the forecast period. Aquatic herbicides are chemicals specifically formulated to control or eradicate unwanted aquatic vegetation, such as algae, weeds, and other aquatic plants. They are used in various bodies of water, including lakes, ponds, rivers, and reservoirs, to manage vegetation growth and maintain water quality. Aquatic herbicides come in different formulations, including liquid concentrates, granules, and pellets, and they may contain various active ingredients targeting different types of aquatic plants.

According to the FAO, human consumption of fisheries and aquaculture products witnessed a growth of 3.07% (CAGR) during the period from 2011 to 2016.

Market Dynamics:

Driver:

Proliferation of invasive aquatic species

The proliferation of invasive aquatic species could lead to tighter regulations regarding the use of herbicides in water bodies. Regulatory agencies may implement stricter guidelines to ensure that herbicides are used safely and effectively, minimizing harm to non-target organisms and the environment. Moreover as invasive aquatic species spread and become more prevalent in water bodies, there is a higher demand for effective control measures. Aquatic herbicides may become a primary method for managing invasive species due to their ability to target specific plants and provide rapid control.

Restraint:

Overreliance on specific herbicides leading to resistance

If a particular herbicide becomes less effective due to resistance, users may seek alternative products or management strategies. This can result in a loss of market share for the affected herbicide, as users switch to alternatives that are more effective or less prone to resistance development, thus manufacturers of the resistant herbicide may experience declining sales and profitability as a result.

Opportunity:

Maintaining healthy water bodies

Awareness of the importance of maintaining healthy water bodies often leads to a growing demand for eco-friendly and sustainable solutions for vegetation management. This can drive innovation in the development of herbicides with lower environmental impact, such as bio-based or biodegradable formulations, as well as alternative control methods like biological controls and mechanical removal encouraging the markets growth.

Threat:

Concerns about the environmental impact

Environmental concerns may prompt regulatory agencies to impose stricter regulations on the use of aquatic herbicides. This could include limitations on the types of herbicides allowed, application rates, buffer zones, and timing of applications to minimize environmental harm. Regulatory hurdles can increase compliance costs for manufacturers and users, as well as limit the availability and versatility of herbicide products in the market.

Covid-19 Impact

The outbreak of corona virus has affected various industries over the past few months. The global market for the aquatic herbicides is expected to decline over the forecast period. Various factors such as supply chain disruptions has reduced the availability of raw materials for the production process. Moreover, the lockdown has forced the government to shut down manufacturing plants to prevent the spread of the virus. Lack of labour supply is further expected to reduce the demand for aquatic herbicides.

The glyphosate segment is expected to be the largest during the forecast period

The glyphosate segment is estimated to have a lucrative growth, due to increased regulatory scrutiny in many regions due to concerns about its potential impact on human health and the environment. Regulatory actions, such as restrictions or bans on glyphosate use, could influence the availability and usage of herbicides in general, including those used for aquatic weed control. In addition concerns about glyphosate's environmental impact may drive a shift towards alternative herbicides, including those specifically formulated for aquatic use.

The non-selective herbicides segment is expected to have the highest CAGR during the forecast period

The non-selective herbicides segment is anticipated to witness the highest CAGR growth during the forecast period; non-selective herbicides compete with selective aquatic herbicides for market share, particularly in scenarios where both types of herbicides can be used to control aquatic vegetation. Non-selective herbicides may offer a broad-spectrum solution for aquatic weed control but could face competition from selective herbicides that target specific aquatic weeds while minimizing harm to non-target species.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to Australia and New Zealand lead the Asia Pacific region in aquatic herbicide use. Glyphosate, 2,4-D, and diquat are the most commonly used herbicides for controlling underwater weeds in this region, with glyphosate being particularly effective in New Zealand for emergent weeds. Moreover the economic development of many Asia Pacific countries is leading to increased investment in infrastructure projects, such as canals and irrigation systems, which require weed control.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the presence of a significant number of water bodies that are susceptible to invasive aquatic plants. These invasive plants can threaten native ecosystems, disrupt recreational activities, and clog waterways. There is a growing awareness of the importance of integrated weed management (IWM) practices, which often include the use of aquatic herbicides. IWM combines multiple methods of weed control to achieve the most effective and sustainable results.

Key players in the market

Some of the key players in the Aquatic Herbicides Market include BASF, Albaugh, Alligare, LLC, Aquacide Company, BioSafe Systems, LLC, Dow Chemical, Element Solutions Inc., FMC Corporation, Helena Agri-Enterprises, LLC, Land O'Lakes, Lonza, Monsanto, Nufarm, Sanco Industries, SePRO Corporation, SOLitude Lake Management, Syngenta and Valent

Key Developments:

In April 2024, Vattenfall and BASF sign purchase agreement for 49 percent of Germany's Nordlicht offshore wind farms, the two companies are deepening their partnership in the field of renewable energy.

In April 2024, BASF is expanding its lineup of biomass-balanced ingredients tailored for the detergent and cleaning industry as well as industrial formulators across Europe. With Care 360° Solutions for Sustainable Life.

In March 2024, Albaugh Announces Acquisition of Corteva Agriscience's Glyphosate Business. The purchase includes intangible assets only, including trade names, registrations, regulatory data, formulations, patents.

Types Covered:

• Glyphosate
• Diquat
• Imazapyr
• 2,4-D
• Triclopyr
• Fluoridone
• Copper & Chelated Copper
• Flumioxazin
• Other Types

Methods Covered:

• Submerged
• Foliar

Mode Of Actions Covered:

• Non-Selective Herbicides
• Selective Herbicides

Applications Covered:

• Agricultural Waters
• Fisheries
• Recreational Waters
• Flood Control Canals
• Retention Ponds
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Aquatic Herbicides Market, By Type

• 5.1 Introduction
• 5.2 Glyphosate
• 5.3 Diquat
• 5.4 Imazapyr
• 5.5 2,4-D
• 5.6 Triclopyr
• 5.7 Fluoridone
• 5.8 Copper & Chelated Copper
• 5.9 Flumioxazin
• 5.10 Other Types

6 Global Aquatic Herbicides Market, By Method

• 6.1 Introduction
• 6.2 Submerged
• 6.3 Foliar

7 Global Aquatic Herbicides Market, By Mode Of Action

• 7.1 Introduction
• 7.2 Non-Selective Herbicides
• 7.3 Selective Herbicides

8 Global Aquatic Herbicides Market, By Application

• 8.1 Introduction
• 8.2 Agricultural Waters
• 8.3 Fisheries
• 8.4 Recreational Waters
• 8.5 Flood Control Canals
• 8.6 Retention Ponds
• 8.7 Other Applications

9 Global Aquatic Herbicides Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 BASF
• 11.2 Albaugh
• 11.3 Alligare, LLC
• 11.4 Aquacide Company
• 11.5 BioSafe Systems, LLC
• 11.6 Dow Chemical
• 11.7 Element Solutions Inc.
• 11.8 FMC Corporation
• 11.9 Helena Agri-Enterprises, LLC
• 11.10 Land O'Lakes
• 11.11 Lonza
• 11.12 Monsanto
• 11.13 Nufarm
• 11.14 Sanco Industries
• 11.15 SePRO Corporation
• 11.16 SOLitude Lake Management
• 11.17 Syngenta
• 11.18 Valent