QUINCLORAC HERBICIDES MARKET REPORT OVERVIEW
-
Request a Free Sample to learn more about this report
The global Quinclorac Herbicides market size was USD 46 million in 2022 and will reach US$ 66 million in 2029, with the CAGR of 5.2% during the forecast period.
The key chemical compound of quinclorac is an herbicide that is a selective post-emergence tool for managing broadleaf and grass weeds in grass turf, ornamentals, and other non-crop areas like country farms, golf courses, and multi-family recreational areas. The mode of action of quinclorac, in effect, is a process rupture of cell division and the growth capability of the susceptible weeds. The biggest drawback of this approach is that recently emerged weeds may be prioritized over established ones.
COVID-19 Impact: Market Growth restrained by Pandemic due to Supply Chain Disruptions
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
Coronavirus outbreaks resulted in an interruption in world supply chains because of the lockdowns, restrictions on movement, and changes in the consumption pattern. Subsequently, the flow of raw materials, manufacturing processes, and distributional channels for Quinclorac herbicides were all likely to have been disturbed. The pandemic could have brought changes in demand for Quinclorac based upon herbicides. Because of the many people spending more time at home, the nature of this could possibly lead to the rise of the users who prefer to use residential lawn care products that include herbicides in particular. Despite the fact that closed outages were probably the case in commercial and landscaping sectors, outdoor activities might have become uneasy in public spaces.
LATEST TRENDS
"Focus on Precision Agriculture to Drive Market Growth"
The increasing popularity of smart agriculture techniques is propelled by the rapidly growing technologies lying in the fields of now widespread GPS, drones, and analytics. Some manufacturers are developing solutions for Quinclorac herbicides to be used in precision agriculture where producers could implement a digitized system to apply pesticides efficiently and with reduced waste. Innovative technologies in precision farming methods allow for the targeted spray of Quinclorac-based weed killers. Farmers can use GPS technology and mapping widgets to get the exact places of weeds nestling in their tenement fields and then Quinclorac is aptly only sprinkled over targeted infested areas. The less herbicide is used the less of an environmental impact is created which will also cost less for the farmers too.
QUINCLORAC HERBICIDES MARKET SEGMENTATION
-
Request a Free Sample to learn more about this report
By Type
Based on type the global market can be categorized into Single Preparation, Compound Preparation.
- Single Preparation- The products are only labeled as quinclorac, and will most times have either one active ingredient, liquid concentrate, or granule form. They may be applied selectively for the elimination of imperative weed species and could be used when only precise control is required in conjunction with tank-mixing with other herbicides.
- Compound Preparation- The purpose of such blends is to provide quinclorac plus single or more active chemicals that are herbicides, fertilizers, or adjuvants. Compound mixtures are aimed at providing a common spectrum of weed derision or higher efficiency of quinclorac against weeds with resistance for weed control.
By Application
Based on application the global market can be categorized into Paddy, Lawn, and Other.
- Paddy- Growth regulator- Quinclorac application is in case paddy fields' emerging crop has appeared and weeds are noticeable but before the canopy closes, usually during the early post application.
- Lawn- The lawn treated with quinclorac should be applied to the lawn only when weeds are growing actively. It can be done during the spring or fall seasons.
DRIVING FACTORS
"Expanding Agriculture Industry to Boost the Market"
One of the key driving factors in the global Quinclorac Herbicides market growth is the Expanding Agriculture Industry. The expansion of agriculture, especially in cases where herbicides possess high weed pressure, has made it popular to use chemical agents like Quinclorac. A rising number of farmers cultivates more land to meet the increased demand for food and biofuel crops; this means a more effective weed control system is required; thus, the herbicide market is expanding further. Along with the rise in the production of agriculture in order to match the mounting global demand for food, feed, fiber, and biofuels, more cropland is taken up. With bigger agricultural areas, we emphasize the need for very significant performance directed primarily at preventing weeds to increase crop productivity and yields.
"Increasing Urbanization to Expand the Market"
Another driving factor in the global Quinclorac Herbicides market is Increasing Urbanization. The effect of urbanization is the expansion of the land dedicated to developing residential, commercial, and industrial areas, which consequently results in treating these lands with herbicides for lawns, landscapes and areas not intended for cultivation. Quinclorac herbicides are usually in the urban areas to weed the turfgrass and ornamental plants, making the demand for high-tone arable sector weeds and grasses. Lawns and landscapes, as the urban areas expand or develop, tend to become more aesthetically important, and correspondingly, more appealing. Their demand increases. Citizens in cities and property administrators look for sustainable ways to control weeds if to maintain some turfgrass and ornamental plants that typically make outdoor space look attractive. With the rise of quinclorac herbicides among urban areas, there is a significant shift to lawns, parks, and golf courses herbicide applications being used most in place of other management plans.
RESTRAINING FACTORS
"Shift towards Integrated Pest Management (IPM) to Potentially Impede Market Growth"
One of the key restraining factors in the global Quinclorac Herbicides market is the Shift towards Integrated Pest Management (IPM). A rising number of consumers are becoming more knowledgeable about sustainable farming techniques and environmental sustainability and this trend has activated the need for IPM methods. The IPM regulation emphasizes on the diversification of pest management areas by combining organic pest control techniques such as cultural, biological, and mechanical to cut down on chemical pesticides like Quinclorac. Such change in cropping patterns might also result in lesser use of the product in the long run.
QUINCLORAC HERBICIDES MARKET REGIONAL INSIGHTS
-
Request a Free Sample to learn more about this report
"Asia Pacific Region Dominating the Market due to Robust Agriculture Industry"
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
Asia Pacific has emerged as the most dominant region in the global Quinclorac Herbicides market share due to several factors. The Asia-Pacific nations are amongst the most agriculturally vibrant, possessing many acres of farmlands that are used to produce important staple crops like rice, wheat, corn, and others. Quinclorac is commonly used in rice cropping to be able to eliminate several weeds since rice is a vital staple food for many Asian societies and this makes the demand for Quinclorac huge.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through Innovation and Market Expansion"
The Quinclorac Herbicides market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of Quinclorac herbicide options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features in Quinclorac Herbicides, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.
List of Market Players Profiled
- BASF (Germany)
- Nufarm (Australia)
- Lier Chemical (China)
- UPL (India)
- Control Solutions (U.S.)
INDUSTRIAL DEVELOPMENT
Dec 2023: ADAMA came up with an innovative means to protect the grain business by developing Kampai, one of the most advanced cross-crop herbicides on the market. The new product offers the widest range of weed control for cereals – broadleaf and narrow-leaf weeds – and it can be applied as early as stubble incorporation or as late as 454.5 days prior to planting.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 46 Million in 2022 |
Market Size Value By |
US$ 66 Million by 2029 |
Growth Rate |
CAGR of 5.2% from 2022 to 2029 |
Forecast Period |
2022-2029 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
-
Which is the leading region in the Quinclorac Herbicides market?
The Asia Pacific is the prime area for the Quinclorac Herbicides market owing to the vast population in the region.
-
Which are the driving factors of the Quinclorac Herbicides market?
Expanding Agriculture Industry and Increasing Urbanization are some of the driving factors of the Quinclorac Herbicides market.
-
What are the Quinclorac Herbicides market segments?
The Quinclorac Herbicides market segmentation that you should be aware of, which include, Based on type the Quinclorac Herbicides market is classified as Single Preparation, Compound Preparation. Based on application the Quinclorac Herbicides market is classified as Paddy, Lawn, and Others.