June 13, 2024
Soil Active Herbicides Market

Soil Active Herbicides Market is Estimated to Witness High Growth Owing to Advancements in Agricultural Technology

Soil active herbicides are substances or mixtures of substances applied to soils to destroy existing weeds and prevent the emergence of new ones. They are commonly used for weed control in agricultural fields and other non-crop areas. Soil active herbicides come in various forms such as liquids, solids and granules, which are applied directly to soil before or after crop emergence. The use of soil active herbicides has helped reduce labor requirement and expedite crop production by removing weeds that compete with crops for nutrients, water, and sunlight.

The Global soil active herbicides market is estimated to be valued at US$ 9841.66 Bn in 2024 and is expected to exhibit a CAGR of 22% over the forecast period 2024 to 2030.

Key Takeaways
Key players operating in the soil active herbicides market are GE Additive, Stratasys Ltd., Materialise N.V., EoS GmbH, Allevi, Inc., RegenHU, EnvisionTEC GmbH, 3D Systems, Inc., Nanoscribe GmbH, and GPI Prototype and Manufacturing Services, LLC. The market is expected to witness high growth due to increasing adoption of precision farming techniques and advancement in agricultural technology. Rising population and rapid urbanization have augmented pressure on agriculture, necessitating optimum use of agricultural inputs like herbicides for enhancing crop yield. Ongoing R&D for developing innovative formulation techniques has led to products that allow targeted application of herbicides and minimize risks to environment and human health.

The key opportunities in the soil active herbicides market size include development of bio-based and organic formulations. Stringent regulations regarding use of synthetic agrochemicals have boosted research toward natural and eco-friendly weed control solutions. Adoption of digital farming tools and IoT sensors offers potential for precision application of herbicides based on soil conditions. Use of big data analytics and artificial intelligence can help optimize herbicide dosage and timing of application.

Advancements in polymer science, material design and 3D printing technologies are enabling large scale custom manufacturing. Developments such as selective laser sintering and binder jetting allow fabrication of parts with varied materials like metals, polymers and composite materials. Multi-material 3D printing technology extends possibilities for design and production of complex structures with graded material properties. Such technological developments are expected to promote growth of customized medical implants and devices manufacturing.

Market drivers
The major market driver is the rising population globally which is increasing demand for food. As the population grows, the need for enhanced agricultural productivity also increases. Soil active herbicides play a vital role in maximizing crop yield by eliminating weeds. In addition, growing awareness about innovative weed management solutions and availability of integrated pest management programs are propelling the soil active herbicides market. Rapid mechanization of agriculture and adoption of precision farming technologies further drive the demand for advanced herbicide formulations.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraaged AI tools to mine informaation and compile it