What are the latest figures on the atrazine market’s size and projected CAGR?
The atrazine market size has grown strongly in recent years. It will grow from $1.68 billion in 2024 to $1.8 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increasing concerns for rising crop productivity, rapid growth, and expansion of the agriculture industry, growing demand for sustainable agriculture, expansion of agriculture into marginal lands, growing demand for herbicides.
The atrazine market size is expected to see strong growth in the next few years. It will grow to $2.35 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to growing demand for higher crop yields, increasing adoption of atrazine-based solutions, increasing food consumption, expansion of agriculture in emerging economies, and rising investment in research and development for alternative weed control solutions. Major trends in the forecast period include rising research and development to develop eco-friendly herbicides, increasing shift towards bio-based and organic herbicides, adoption of precision agriculture technologies, integration of digital agriculture technologies, and technological advancements in herbicide formulations.
Get Your Free Sample of The Global Atrazine Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18961&type=smp
Which Market drivers have played a significant role in driving the atrazine market?
The growing demand for higher crop yields is expected to propel the growth of the atrazine market going forward. Higher crop yields signify increased crop production per land area, which is vital for boosting food security, farm profitability, and meeting global food demands. The demand for higher crop yields is rising due to several factors, including growing population, climate change, and food security concerns. Atrazine boosts crop yields by controlling various weeds, which reduces competition for water, nutrients, and light. This promotes healthier crop growth and enhances overall productivity. For instance, in April 2023, according to the Central Statistics Office Ireland, an Ireland-based government agency, in 2022, wheat yield increased by 0.1 metric tons per hectare, while wheat production grew by 57,600 tonnes compared to June 2021. Therefore, the growing demand for higher crop yields is driving the growth of the atrazine market.
What are the key segments within the atrazine market?
The atrazinemarket covered in this report is segmented –
1) By Type: Liquid, Dry, Other types
2) By Crop: Cereal, Corn, Sugar Crops, Sorghum, Wheat, Other Crops
3) By Distribution Channel: E-Commerce, Specialty Stores, Hypermarket Or Supermarket, Other Distribution channels
4) By Mode Of Application: Surface Application, Herbigation, Foliar
5) By Stage Of Application: Pre-Plant, Pre-Emergency, Post-Emergency
Subsegments:
1) By Liquid: Concentrated Solutions, Ready-to-Use Formulations
2) By Dry: Granules, Powders
3) By Other Types: Emulsifiable Concentrates, Suspensions
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/atrazine-global-market-report
Which key players are shaping the atrazine market?
Major companies operating in the atrazine market are BASF SE, Adama Agricultural Solutions Ltd., UPL Limited, AMVAC Chemical Corporation, Rallis India Limited, Drexel Chemical Company, HPM Chemicals and Fertilizers Ltd., Albaugh LLC, Ram Shree Chemicals, Krishi Rasayan Exports Private Limited, Sipcam Agro USA Inc., Zhejiang Zhongshan Chemical Industry Group Co. Ltd., Peptech Biosciences Ltd., Bharat Certis AgriScience Ltd., CANARY AGRO CHEMICALS PRIVATE LIMITED, Kalyani Industries Limited, Kenvos Group, Parijat Industries (India) Pvt. Ltd., Zagro Corporation, Saraswati Agro Life Science, Shanghai Skyblue Chemical Co. Ltd.
Which transformative trends will shape the atrazine market landscape?
Major companies operating in the atrazine market are focused on developing innovative products such as post-emergent herbicides to enhance weed control efficiency and improve crop safety. Post-emergent herbicides are chemicals applied to control weeds after they have emerged, targeting processes like protein synthesis or photosynthesis. They are frequently used alongside pre-emergent herbicides for effective, season-long weed management. For instance, in March 2022, BASF SE, a Germany-based chemical company, launched Vesnit Complete, a post-emergent herbicide for sugarcane. This herbicide is designed to tackle grasses and broadleaf weeds in sugarcane and corn fields with exceptional efficacy. This herbicide employs two distinct modes of action to deliver extended weed control by integrating Topramezone and Atrazine. Adding an inbuilt adjuvant enhances its performance, ensuring practical application while safeguarding the sugarcane crop. Vesnit complete effectively combats common weeds such as Echinochloa spp., Digitaria sanguinalis, and Amaranthus viridis, offering a dependable solution for boosting crop yield.
How do regional factors impact the atrazine market, and which region is the largest contributor?
North America was the largest region in the atrazine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the atrazine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Atrazine Market Report 2025 Offer?
The atrazine market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Atrazine is a synthetic herbicide commonly used to control crop weeds, particularly corn and sugarcane. It works by inhibiting photosynthesis in plants, effectively preventing their growth. Atrazine is known for its effectiveness, but it has raised environmental and health concerns, leading to regulations in some areas regarding its use and potential effects on water sources.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18961
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
