North America Butachlor Market Size, Share, Trends & Growth Forecast Report – Segmented By Application, And By Country (The USA, Canada, Mexico and Rest of North America) - Industry Analysis From (2024 to 2032)

Updated On: June, 2024
ID: 5675
Pages: 145

North America Butachlor Market Size (2024 to 2032)

North American butachlor market was valued at USD 86.40 million in 2023 and is anticipated to reach USD 90.45 million in 2024 from USD 130.52 million by 2032, growing at a CAGR of 4.69% from 2024 to 2032.

Butachlor is mainly used in control of the growth of grass weeds and broadleaf weeds. It is generally applied before the emergence of weed to curb its growth. It checks the formation of protein synthesis in grasses and weeds and thereby restricting their growth. It is an amber liquid, insoluble in water but soluble in most of the organic solvents.

Factors like a limitation of arable lands, an increasing number of invasive species and increasing resistance to existing herbicides and increasing practice of integrated vegetation management are the primary drivers for the growth of the market. However, factors like toxic effects of butachlor and its carcinogenic nature towards humans and animals are restricting the growth of the market.

This research report on the North American butachlor market is segmented and sub-segmented into the following categories.

North America Butachlor Market Analysis By Application

  • Rice Crop
  • Wheat Crop
  • Barley
  • Others

COUNTRY ANALYSIS

  • United States of America
  • Canada
  • Mexico
  • Rest of North America

The USA holds the major share in the market due to the high consumption of butachlor in the major food crops as well as the presence of market leaders. The USA is also the fastest-growing region due to the increasing adoption rate and increasing demand for effective herbicides. Based on application, Rice crops and barley crops hold the major share in the market due to rice crops being a staple food source in many Asian countries and barley being a major ingredient in the beverage industry.

KEY MARKET PLAYERS

Some of the key players dominating this market include Shanghai Tenglong Agrochemical Co. Ltd., Monsanto, Shanghai Mingdou Agrochemical Co. Ltd., Syngenta AG, SinoHarvest Corporation, Dow AgroSciences, Bayer CropScience, Zhejiang Ray full Chemicals, Nantong Jiangshan Agrochemical & Chemicals Co. Ltd., Qingfeng Agro-chemical, Binning Technology, and Green Land.

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