North American butachlor market size is expected to reach USD 90.45 million in 2024 and is anticipated to reach USD 119.05 million by 2029, growing at a CAGR of 4.69% from 2024 to 2029.
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.
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.
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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