by Corinne Gangloff
February 8, 2022
Cleveland OH, February 8, 2022 – Decades of herbicide overapplication in nearly every major market have contributed to the proliferation of weed populations that are highly resistant to herbicides, including glyphosate, the dominant herbicide active ingredient. To combat these weeds, pesticide users will have to continue to increase the number of herbicide applications in a season, or turn to improved herbicide formulations.
A new Freedonia Group analysis finds that rising use of these improved formulations will promote gains in the global herbicide market through 2025. Many new herbicide formulations are more expensive, and include multiple active ingredients and improved adjuvant blends.
The Freedonia Group projects global demand for herbicides to rise 3.3% per year to $39.9 billion in 2025; over the same period, demand for herbicide active ingredients is projected to increase 2.2% per year to 4.0 million metric tons. Gains will be primarily supported by rising demand from the dominant agricultural market due to:
The best opportunities for nonagricultural herbicides are expected in countries with expanding middle classes and increasing cultural emphasis on attractive outdoor spaces.
Want to Learn More?
Global Herbicides, now available from The Freedonia Group, analyzes the world market for herbicides – which include pre-emergent and post-emergent types, and selective and non-selective herbicides – by global region and country. Markets analyzed are:
Historical data for 2010, 2015 and 2020, and forecasts to 2025 and 2030 are provided for demand in current (including inflation) US dollars and/or metric tons of active ingredient. Active ingredients include:
Provide the following details to subscribe.