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| Weed Control Market |
Weed control is the management and suppression of unwanted plants, commonly referred to as weeds that grow in areas where they are not desired. Weeds are plants that compete with cultivated crops, native vegetation, or landscaping plants for resources like water, nutrients, and sunlight. They can significantly impact agricultural productivity, natural ecosystems, and the aesthetic value of landscapes. There are various methods of weed control, ranging from chemical herbicides to cultural and mechanical practices. Chemical herbicides are substances designed to kill or inhibit weed growth selectively, without harming desired plants. They are commonly used in agriculture, forestry, and urban settings. However, the use of herbicides requires careful application to minimize environmental impact and health risks. Cultural practices for weed control include crop rotation, mulching, and maintaining proper planting density to reduce weed competition. Mechanical methods involve physically removing weeds through hand-pulling, hoeing, or using specialized tools like weed trimmers and mowers.
Market
Dynamics:
Rising product launches are estimated
to augment growth of the global weed
control market during the forecast period. For
instance,
Habitat Aqua herbicide was launched by BASF SE, in June 2021. The product has
been approved for use in and around aquatic sites as it offers effective
control over invasive species like flowering rush, phragmites, knotweeds, and
cordgrasses. Moreover, rising toxicity associated
herbicides and increasing strict regulations are anticipated
to restrain growth of the global weed control
market during the forecast period.
Impact
of COVID-19:
The pandemic had an
adverse impact on many countries. This outbreak was transmitted to more than
100 nations. COVID-19 impacted various manufacturing industries, and it also
hampered the global economy. Several industries were shut down, and strict
restriction caused disruptions of supply chains. These restrictions imposed in
several countries led to lack of raw materials and there was a shortage of
manpower in many industries. Manufacturing activities were halted in many parts
of the world. This had a significant impact on weed control market. The
pandemic restrained growth of the global
weed control market. However, in the post-pandemic era, as all restrictions
have now been eased the market is estimated to witness growth.
Key Takeaways:
The global Weed Control Market is expected to witness high growth,
exhibiting CAGR of 5.8 % over the
forecast period, due to growing investments. For instance, a UK-based
agricultural biotech startup Moa Technology secured USD 44 million in funding
in 2022. The company is aiming to discover innovative and sustainable
alternatives for overcoming the challenges related to herbicide resistance.
North America is anticipated to witness significant growth in the global weed control market during the forecast period, due to increasing commercial farming operations and growing agricultural sector.
Key players operating in the global weed control market are
Valent Biosciences Corporation, BASF SE, Syngenta AG, Adama Agricultural
Solutions Ltd., Rotam Crop Sciences Ltd., Bayer crop science AG, Nufarm
Limited, Dow chemical company, Nissan Chemical Industries LTD, Drexel Chemical
Company, Monsanto Company, Dupont Company, and FMC Corporation.
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