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Impact of Covid-19 on Global Aquatic Herbicides Market
Impact of Covid-19 on Global Aquatic Herbicides Market
Increase in adoption of weed control is estimated to drive the aquatic herbicides market during the forecast period

 

AquaticHerbicides: Introduction

 

·        Aquatic herbicides are employed to control the growth ofunwanted vegetation in water. These herbicides are approved for usage in water.Aquatic herbicides help control the growth of weeds in water bodies. Around 300herbicides are registered with the U.S. Environmental Protection Agency (EPA);of these, just 13 of the active ingredients are approved by the U.S. EPA forusage in and around aquatic habitat. Aquatic herbicides enter the plants throughthe leaves and roots and target the physiological processes. Aquatic herbicidesinhibit enzymes involved in the synthesis of amino acids, which are responsiblefor plant growth. Disrupting photosynthesis or restricting the synthesis ofplant pigments are other ways in which the herbicides restrict the growth ofweeds.

·        Aquatic herbicides can be of two types: selective andnon-selective. Selective herbicides are utilized to restrict the growth ofspecific species of plants, without causing any harm to the plants and crops ofother species. Selective herbicides target and restrict the growth of weeds,with no harm to other plants and crops. Non-selective herbicides, on the otherhand, restrict the growth of all plants and crops in areas where these areused.

Key Drivers and Restraints of Aquatic Herbicides Market

 

·        Aquatic herbicides help control the growth of weeds in waterbodies including lake algae and pond algae

·        Increase in adoption of weed control is estimated to drive the aquaticherbicides market during the forecast period

·        Restrictions on usage of water, taste issues, and toxicity aresome of the factors that are anticipated to hamper the aquatic herbicidesmarket during the forecast period

Aquatic Herbicides: Segmentation

 

·        The aquatic herbicides market can be segmented based on type,application, application method, and mode of action

·        Based on type, the market can be divided into glyphosate,diquat, imazapyr, 2,4-D, triclopyr, and others (flumioxazin, fluridone, andcopper & chelated copper)

·        In terms of application, the market can be fragmented intofisheries, agricultural waters, recreational waters, and others (developmentwaters, retention ponds, and flood control canals)

·        Based on application method, the market can be bifurcated intosubmerged and foliar

·        In terms of mode of action, the market can be segregated intonon-selective and selective

 

 

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Covid-19 Impact on Aquatic Herbicides Market

 

·        Emergence of the new COVID strain in many developed anddeveloping countries has adversely affected the health care infrastructure.Hospital staff, medicines, oxygen beds, and ventilators are in short supply.Graveyards and crematoriums have been working continuously to tackle the risein dead bodies. Supply chains are facing disruptions, leading to disturbancesin production activities in many countries.

·        On January 30, 2020, the International Health RegulationsEmergency Committee of the World Health Organization (WHO) declared theCoronavirus disease (COVID-19) outbreak a public health emergency ofinternational concern. Originating in China, the virus has spread to at least213 countries and territories around the world.

·        Shortage of labor due to the ongoing COVID-19 crisis andunavailability of raw materials are expected to hamper the aquatic herbicidesmarket in the near future

 

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North America to Dominate Aquatic Herbicides Market

 

·        Based on region, North America is likely to dominate the globalaquatic herbicides market, followed by Europe, during the forecast period.Climatic and environmental conditions in these regions are favorable for thegrowth of herbs and weeds. Thus, these regions extensively require herbicides.The aquatic herbicides market in North America is anticipated to expand at arapid pace during the forecast period. The aquatic herbicides market in AsiaPacific is also expected to expand at a significant pace during the forecast.Australia and New Zealand dominate the market in Asia Pacific. The aquaticherbicides market in Middle East & Africa is also likely to expand at arapid pace in the next few years.

 

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Key Manufacturers Operating in Global Aquatic Herbicides Market

The globalaquatic herbicides market was consolidated in 2020. Major players haveprominent presence in developed and developing countries. Key manufacturersoperating in the global aquatic herbicides market include:

·        Alligare

·        DowDuPont

·        UPL

·        Albaugh

·        BASF

·        Nufarm

·        Monsanto

·        Syngenta

·        Dow Chemicals

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