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Global Herbicides Market: OverviewThe global competitive landscape is increasingly consolidated as a whopping share of the global herbicides market is concentrated in the hands of a small number of players, notes Transparency Market Research (TMR).
An upward of 75.0% share is owned by just seven companies, which include Syngenta International AG, DowDuPont Inc., Agrium Inc., Israel Chemicals Limited, Monsanto Company, and Bayer AG.
Some other prominent players operating in the market are PL Industries, FMC Corporation, Nfarm Ltd., and Israel Chemicals.TMR finds that a large number of players are capitalizing on the synergies of mergers and alliances to consolidate their shares and bolster their product portfolio.The global herbicides market is anticipated to rise at a CAGR of 6.1% during 2017–2025 and touch a valuation of US$29.30 billion by 2025 end.
The global valuation of the market in 2016 was pegged at US$17.37 billion.
Request A Sample of Herbicides Market -Â https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=6994The various product types of herbicides comprise acetochlor, 2,4-D, glyphosate, and atrazine.
Among the other segments, glyphosate led, vis-Ă -vis value as well as volume, in 2016.