Home > Agriculture > Crop Care > Agrochemicals > Herbicide Safener Market

Herbicide Safener Market Share

Report ID: GMI7824
Published Date: Jan 2024
Report Format: PDF

Download Free Sample

Herbicide Safener Market Share

Herbicide Safener Market Company Share, (2022)

These players focus on strategic partnerships, new Type launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative Types and garner maximum revenue in the market.

Bayer AG, BASF SE, DowDuPont, Syngenta AG, and Sumitomo Chemical Co., Ltd., collectively command a substantial market share, covering an estimated 50-55% of the global market. These key players are integral to the industry's growth and innovation, leveraging their extensive research and development capabilities, as well as global market presence, to shape and dominate the herbicide safener landscape. The remaining percentage is attributed to various other companies operating in the market, contributing to the overall diversity and competitiveness within the industry.

Herbicide Safener Market Companies

Some of the major market players operating in the herbicide safener industry are:

Bayer AG
BASF SE
DowDuPont
Syngenta AG
Sumitomo Chemical Co., Ltd.
FMC Corporation
Nuseed Pty Ltd.
ChemChina
LanzaTech Ltd.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Herbicide safener industry was worth USD 1.15 billion in revenue in 2023 and is anticipated to reach USD 2,066.4 million by 2032 driven by the rising adoption of herbicides in agriculture coupled with the growing need for enhanced crop safety and yield protection.

The benoxacor segment in the herbicide safener industry accounted for USD 396.3 million in 2023 and is estimated to record substantial growth through 2032 attributed to its effectiveness in enhancing the safety and tolerance of crops to herbicides.

North America herbicide safener industry size generated USD 441.4 million in 2023 and is set to expand at a notable pace between 2024 and 2032 owing to the extensive agricultural activities in the region, particularly in the U.S. and Canada.

Some of the major herbicide safener companies are Sumitomo Chemical Co., Ltd., DowDuPont, Bayer AG, BASF SE, Syngenta AG, FMC Corporation, Nuseed Pty Ltd., ChemChina, and LanzaTech Ltd.