Diquat Herbicide Market Scope
Diquat (chemical name: 6, 7-Dihydrodipyrido [1, 2-a: 2’, 1’-c] pyrazinediium dibromide) is a non-volatile herbicidal energetic ingredient used as a normal herbicide to manipulate weeds in business greenhouses and nurseries, decorative seed crops, landscape, industrial, recreational, commercial, residential, and public areas; turf renovation (all turf areas barring industrial sod farms); dormant hooked up turfgrass (such as bermudagrass and zoysiagrass); and aquatic areas. Diquat is a fast-acting aquatic & panorama herbicide that kills each weeds and grasses. It is used regularly in the agricultural industry, for pond administration and additionally has a variety of outside residential weed manage applications. Diquat is an industrial weed killer to manage pond weeds, pond algae, and different aquatic weeds. We lift Alligare Diquat which is a universal of Reward Herbicide and a whole lot extra cost-effective. Diquat is a weed killer pay attention that wishes to be blended with water earlier than application. Weedtrine D Aquatic Herbicide is a broad-spectrum liquid aquatic herbicide for use in and round nevertheless lakes, ponds, lagoons, ditches, non-crop, or non-planted areas controlling an extensive vary of filamentous algae and submerged and floating aquatic weeds.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Dow Chemical (United States), BASF (Germany), Monsanto (United States), Syngenta (Switzerland), Nufarm (Australia), Lonza (Switzerland), Land O'Lakes (United States), UPL (India), Platform Specialty Products (United States) and SePRO Corporation (United States) |
CAGR | 6.1% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Diquat Herbicide market throughout the predicted period.
Dow Chemical (United States), BASF (Germany), Monsanto (United States), Syngenta (Switzerland), Nufarm (Australia), Lonza (Switzerland), Land O'Lakes (United States), UPL (India), Platform Specialty Products (United States) and SePRO Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Albaugh (United States), Valent (United States) and SANCO INDUSTRIES (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Diquat Herbicide market by Type , by Application (Agricultural Waters, Fisheries and Recreational Waters) and Region with country level break-up.
On the basis of geography, the market of Diquat Herbicide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In November 2023, Sygenta, has the ground covered when it comes to forage brassica insecticides, with four products controlling almost the complete spectrum of pests that can attack crop from emergence to grazing.
In June 2022, IHARA announced the launch of three new herbicides with “innovative technologies” aimed at soybeans, one of which – DORAI MAX (Diquat dibromide + Amicarbazone), is presented as a substitute for Paraquat which is banned in Brazil.
Influencing Trend:
The increasing adoption of sustainable farming practices.
Market Growth Drivers:
Improving Agricultural Productivity by Killing Unwanted Herbs and Weeds in the Plantation and Rising Population and Growing Demand for Food Has Led To the Need for High Agricultural Productivity
Challenges:
Herbicide Manufacturers Must Comply With the Stringent Approval Procedures to Commercialize Their Products
Restraints:
The Implementation of Stringent Regulations against the Use of Certain Herbicides in the Developed Nations
Opportunities:
Surging Demand for Food across the Globe and Increasing Awareness Regarding the Benefits of Applying Herbicides
Key Target Audience
Aquatic herbicide manufacturers and suppliers, Technology providers to the aquatic herbicide manufacturers, Regulatory bodies, including government agencies and NGOs, Aquatic herbicide importers and exporters and Others