Soil active herbicides are chemicals that inhibit the growth of unwanted plants and weeds that may compete with cultivated crops for nutrients, water, sunlight, or space. They work by stopping or slowing down the growth of targeted plant species when applied directly to the soil. The global soil active herbicides market is primarily driven by the need to boost crop yield through effective weed management. Unchecked weed growth can significantly reduce productivity on agricultural lands by competing for resources meant for crop plants. Soil active herbicides pre-emergently kill weeds in their early developmental stages, allowing crops to establish themselves without facing competition.
Key Takeaways
Key players operating in the soil active herbicides are GE Additive, Stratasys Ltd., Materialise N.V., EoS GmbH, Allevi, Inc., RegenHU, EnvisionTEC GmbH, 3D Systems, Inc., Nanoscribe GmbH, and GPI Prototype and Manufacturing Services, LLC. These companies manufacture a wide range of soil active herbicide formulations and invest heavily in R&D to develop novel weed control solutions.
The Soil Active Herbicides Market Growth is expected to witness lucrative opportunities due to the rising acreage under major crops like corn, soybean, fruits & vegetables globally. Adoption of precise application techniques like mapping and sensors is also leading to improved productivity.
Soil active herbicide manufacturers are focusing on expanding into emerging markets like Asia Pacific, South America, and Africa through partnerships, mergers, and acquisitions. This is due to the increasing mechanization of agriculture and rising focus on adopting sustainable weed management practices in developing countries.
Market drivers:
The primary driver for the growth of the global soil active herbicides market is the rising need to boost crop yield amid the growing global population. Unchecked weed infestation can potentially reduce crop yield by over 34%. Soil active herbicides facilitate improved farm productivity by effectively managing weeds at early stages of crop development.
Market restraints:
Stringent regulatory policies associated with the use of soil active herbicides pose a major challenge for market players. Further research is being conducted to develop new bio-based and degradable formulations with reduced environmental footprint. Concerns regarding pesticide residue in food crops and emergence of herbicide resistance also act as restraints for market growth up to a certain extent.
Segment Analysis
Glyphosate is being considered as a dominating sub-segment in the global soil active herbicides market. Glyphosate is commonly sold under the brand name Roundup and is considered an effective and affordable broad-spectrum herbicide. Glyphosate is used to kill weeds along farmlands, roadways, industrial areas, and residential properties. It allows farmers to effectively control weeds and yields herbicide-resistant crops. Glyphosate-based herbicides are the most widely used agricultural chemical globally. Its strong kill ratio and cost-effectiveness has resulted in wide adoption among farmers around the world.
Global Analysis
The North American region dominates the soil active herbicides market currently. The U.S. accounts for the largest consumption owing to extensive cultivated land that requires regular weeding. The European region is also a major market driven by stringent regulations around residue-free agriculture. The Asia Pacific region is expected to witness the fastest growth during the forecast period. Expanding agricultural activities and rising awareness about herbicides among farmers in countries like China and India will support the region's market growth. Government efforts to boost domestic farming are also augmenting the demand for herbicides in Asia Pacific.
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