Increased Use of Herbicides in the Developing Regions Driving the Herbicide Safeners Market
The herbicide safeners market is projected to reach USD 1,206.7 million by 2023, from USD 851.8 million in 2018, at a CAGR of 7.22%. The 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 the target crops, safeners are used to reduce the crop damage without limiting...
Key Reasons Behind Herbicide Safeners Market Growth
Using herbicides to eradicate weeds at an early stage helps in increasing the productivity and yield per unit, which has led to increased use among producers across the globe. However, in addition to killing weeds, herbicides also exert toxicity on crops. Herbicide injury to main crops may also result in the presence of chemical residues that can harm humans after consumption. Thus, safeners are added...