The Herbicides Safener Market is estimated at USD 1.1 billion in 2022; it is projected to grow at a CAGR of 7.5% to reach USD 1.6 billion by 2027. The growth of the herbicide safeners market is driven by the increased use of herbicides, especially in the developing regions of Asia Pacific and South America. Additionally, with the growing concerns of herbicide injury to target crops, safeners are used to reduce crop damage without limiting their activity on the targeted weed species.
The Benoxacor segment is projected to account for the highest CAGR growth in the Herbicides safener market.
Benoxacor herbicide safeners are used in the majority of herbicides available on the market. Furthermore, benoxacor is primarily used on corn, soybeans, and sorghum crops. Benoxacor is a safener mostly compatible with selective herbicides and extensively used for both pre- and post-emergent application methods. Benoxacor is an herbicide safener used with metolachlor.
The Pre-emergence segment, by herbicide application is projected to account for the fastest growth during the forecast period.
Pre-emergence herbicides prevent germinated weed seedlings from establishing themselves by inhibiting root, shoot, or both growths. To be effective, the herbicide must be integrated into the soil via rainfall or irrigation, and it must be present when the weed seeds germinate. Pre-emergence herbicides have no effect on weed seeds.. As a result, the Pre-emergence segment is expected to witness a fastest growth during the forecast period.
The soybean segment is estimated to account for the largest market share in the Herbicides safener market during the forecast period.
Soybean is an important global crop, providing protein and oil; ~88% of the soybean crop was crushed and processed for industrial purposes, especially for feed production, in 2017, according to the USDA. China is rapidly becoming a major importer of soybean from many countries, especially in South America, to cater to the increasing domestic demand. Benoxacor is the most used herbicide safener in combination with the herbicide active ingredient, S-metolachlor, and atrazine in herbicides. Companies such as Tenkoz, Syngenta, Corteva Agriscience, and ADAMA provide herbicide safeners premixed with herbicides.
The Selective herbicides, by herbicide selectivity is estimated to account for the fastest market growth in the Herbicides safenermarket during the forecast period.
Selective herbicides are mainly used due to their selective action in protecting weeds and crops from excessive use of herbicides. A selective herbicide kills some plants while leaving others alone. Herbicides labeled for weed control in lawns, for example, kill broadleaf weeds such as dandelions and thistles but not grasses. Herbicide safeners effectively improve herbicide selectivity, allowing grass-weed herbicides to be developed for use in grass crops, including cereals, corn, and rice.
Key Market PlayersThe key players in this market include Corteva Agriscience (US), BASF (Germany), Bayer (Germany), and Syngenta (Switzerland). Some emerging players in the global market include Nufarm (Australia), ADAMA (Israel), Arysta LifeScience (US), Drexel Chemical Company (US), Winfield United (US), Sipcam-Oxon (Italy), Helm AG (Germany), Tenkoz (US), Rainbow Agro (China), and Helena Agri Enterprise (US). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.
