Global Herbicides Safener Market Size study, By Type (Benoxacor, Furilazole, Dichlormid, Isoxadifen, Other types), By Crop (Soybean, Wheat, Barley, Rice, Other crops), and Regional Forecasts 2022-2028

Global Herbicides Safener Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Herbicide safeners are chemical compounds that are used to protect the crops and the plants from the potential damage which is caused because of the usage of the herbicide. The adoption of these safeners aid in boosting the effectiveness and tolerance of cereal plants to herbicide application without affecting the weed control competence. 

The increasing demand for herbicides, growing production of cereals & grains in various emerging nations, rising trend of post-emergence application of herbicide safeners, and the increasing number of strategic movements such as mergers and acquisitions, product launches, portfolio expansion, and many others are some prominent factors fostering the global market growth. For instance, in May 2021, BASF Canada Agricultural Solutions (BASF) and Corteva Agriscience entered into a collaborative agreement and a joint approach to weed control by suggesting the usage of Liberty 200 SN and Enlist herbicides in combination on Enlist E3TM soybean acres. 

Similarly, in July 2021, Syngenta Crop Protection declares the acquisition of Dipagro in the Brazilian state of Mato Grosso. The objective of this acquisition is to raise farmers’ access to Syngenta’s technologies and services in a region and boost agricultural growth. Consequentially, the rising number of tactical acquisitions by the market players is exhibiting a positive influence on the market growth across the globe. However, a lack of awareness and technical expertise, along with a regulatory ban on herbicides curb the growth of the market over the forecast period of 2022-2028. Also, the introduction of the new active herbicidal ingredients and rising developments of safener blends for biologically derived herbicides are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Herbicides Safener Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Latin America is the leading region across the world in terms of market share owing to the surging demand for crop protection chemicals such as herbicides, insecticides, and nematicides. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rising production of crops such as soybean, and corn to meet the export requirement, as well as the growth of the countries like South Korea, India, Japan, and China would create lucrative growth prospects for the Herbicides Safener Market across the Asia-Pacific region.

Major market players included in this report are:
Corteva Agriscience 
BASF 
Bayer 
Syngenta 
Nufarm 
ADAMA 
Arysta LifeScience 
Drexel Chemical Company 
Winfield United 
Sipcam-Oxon

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: 

By Type:
Benoxacor
Furilazole
Dichlormid
Isoxadifen
Other types
By Crop:
Soybean
Wheat
Barley
Rice
Other crops
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia 
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Herbicides Safener Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors