Increasing Demand for Herbicides to Drive the Growth of Herbicide Safeners Market

Using herbicides to eradicate weeds at an early stage helps in increasing the productivity and yield per unit, which has led to increased use among producers across the globe. However, in addition to killing weeds, herbicides also exert toxicity on crops.

The rising population is one of the major factors contributing to the increased demand for food. This, in turn, has led to an increase in the area harvested for various crops. Increase in the harvested area would further lead to increased use of agrochemicals such as herbicides, fungicides, herbicide surfactants, and herbicide safeners.

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Herbicide safeners are used majorly for crops such as corn, soybean, sorghum, wheat, rice, and barley. There has been an increase in the harvested area for crops such as rice, soybean, barley, and wheat, especially in the developing regions. For instance, according to the FAO, the production of corn is expected to increase by nearly 88.3% to reach 1.2 billion MT by 2027. A majority of this production is expected to arise from countries such as China and Brazil. Thus, the demand for herbicide safeners, is projected to grow in these countries in the next decade.

Herbicide safeners are majorly used in selective herbicides. However, increased demand for GM crops and reported cases of crop damage in North America and South America is expected to boost the demand growth of safener products in non-selective herbicide formulations in these regions during the forecast period.

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Factors that are driving the growth of herbicide safeners market are the increase in instances of herbicide-induced crop injuries and a rise in demand in the cultivation of cereals and grains in developing regions.

The major factors restraining the growth of herbicide safeners market are the regulatory ban on herbicides and lack of awareness on the importance of herbicide safeners. However, the market has future prospects, which includes new herbicide active ingredient registrations and the development of sustainable safener combinations for herbicides.

The global market for herbicide safeners is dominated by large players such as DowDuPont (US), BASF (Germany), Bayer (Germany), and Syngenta (Switzerland). Some emerging players in the herbicide safeners market include Nufarm (Australia), Adama (Israel), Arysta LifeScience (US), Drexel Chemical Company (US), Land O’Lakes (US), Sipcam-Oxon (Italy), Helm AG (Germany), and Tenkoz (US).

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