Herbicides Safeners Market 2022 | Growth, Opportunities, Key Driving Factors, Market Scenario and Forecast to 2028
Global Herbicides Safeners Market?is valued at?USD 1477.8 Million in 2021?and expected to reach?USD 2488.6 Million by 2028?with a?CAGR of 7.64%?over the forecast period.
Herbicides safeners are chemical compound that mix with herbicides to make them safe so that it reduces the effect of the herbicides on crops. Herbicides safeners act by accelerating herbicides metabolism and detoxification in crop plants. Herbicides safeners is also used in seed treatments mainly in sorghum grain to protect only crops. Herbicides safeners work by reducing the ability of herbicides to reach and inhibit their target sites. They interact directly with the biochemical targets or receptor proteins of herbicides in crop plants. It also increases tolerance of monocotyledonous cereal plants to herbicides without affecting the weed control effectiveness.
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Asia-Pacific is expected to dominate the growth of herbicides safeners market due to high production of cereals and grains to meet domestic demand, especially for wheat and rice in which herbicides are widely used. According to Food and Agriculture Organization (FAO), 90% of the world’s rice is produced and consumed in the Asia-Pacific Region. Current rice production in this region is 524 million annually and will increase to 700 million tonnes by 2025.
Herbicides Safeners Market Top Players
Herbicides Safeners Market Segmentation:
By Type
By Crop Type
By Herbicide Application Stage:
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?Global Herbicides Safeners Market: Regional Analysis
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