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Atrazine Market Research Report - Global Forecast till 2027

Atrazine Market Research Report: Information by Form (Liquid and Dry), Crop Type (Cereals, Sugar Crops, Oil Bearing Crops, and Others), Mode of Application (Surface Application, Herbigation, and Foliar), Stage of Application (Preplant, Pre-Emergency, and Post-Emergency), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2027

ID: MRFR/AGR/5663-HCR | December 2022 | Region: Global | 140 Pages         

Atrazine Market

Atrazine Market Size is anticipated to reach USD 2.75 Billion by 2030, registering a CAGR of 6.8% during 2022-2030

Segmentation

By Form Liquid Dry
By Crop Type Cereals Sugar Crops Oil Bearing Crops Others
By Mode of Application Surface Application Herbigation Foliar
By Stage of Application Preplant Pre-Emergency Post-Emergency

Key Players

  • Zagro Sipcam Agro US Inc. (US)
  • Arvia Technology (UK)
  • KrishiRasayan Group (India)
  • FMC Corporation (US)
  • Syngenta AG (Switzerland)
  • Drexel Chemical Company (Singapore)
  • B R Agrotech LIMITED (India)
  • Shanghai Skyblue Chemical Co. Ltd (China)
  • Nufarm Ltd (New Zealand)
  • Kalyani Industries Ltd (India)
  • ADAMA Agricultural Solutions Ltd (China)
  • Shandong Weifang Rainbow Chemical Co. Ltd (China)
  • Zhejiang Zhongshan Chemical Industry Group Co. Ltd (China)
  • Rallis India Limited (India)

Drivers

  • Rising concern for increasing the crop productivity

Market Scenario

The global Atrazine Market is expected to register a CAGR of 6.07% from 2019 to 2024 and reach USD 2.58 billion by the end of 2024. Controlling weeds is an important aspect of farming, as they consume a major portion of nutrients available to the cultivated crop. Herbicides are used to prevent, control, and eradicate weeds. Atrazine is a widely used herbicide of triazine class. Atrazine is used to control broadleaf weeds in various crops such as corn, sorghum, sugarcane, macadamia orchards, pineapple, rangeland, pineapple, turfgrass sod, asparagus, forestry grasslands, grass crops, and roses. Atrazine is proven to be effective against a broad range of weeds and is cost effective as it is required in lesser quantities compared to alternative herbicides, which is majorly driving the growth of global atrazine market. Moreover, atrazine also helps to increase crop yield, making it a preferable option of herbicides among farmers, which is anticipated to fuel the growth of global atrazine market. Additionally, atrazine can be used in conservation tillage and thus helps in reducing soil erosion. Rapid growth and expansion of the agricultural industry are projected to support the growth of global atrazine market. However, possible hazardous effect of atrazine on the reproductive system of humans, stated in many studies, can hamper the growth of the global atrazine market.   

Segmentation

The global atrazine market has been segmented based on form, crop type, mode of application, stage of application, and region. The global atrazine market has been classified, based on form, as liquid and dry. The global atrazine market has been bifurcated, on the basis of crop type, into cereals, sugar crops, oil-bearing crops, and others. On the basis of mode of application, the global atrazine market has been divided into surface application, herbigation, and foliar. Based on the stage of the application, the global atrazine market has been categorized as pre-plant, pre-emergence, and post-emergency. The global atrazine market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American atrazine market has further been segmented into the US, Canada, and Mexico. The European atrazine market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe.  The atrazine market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The atrazine market, in the rest of the world, has been segmented into South America, the Middle East, and Africa.  

Key Players

Krishi Rasayan Group (India), Arvia Technology (UK), Drexel Chemical Company (Singapore), Kalyani Industries Ltd (India), B R Agrotech LIMITED (India), Shanghai Skyblue Chemical Co., Ltd (China), Syngenta AG (Switzerland), ADAMA Agricultural Solutions Ltd (China), Nufarm Ltd (New Zealand), Zagro, Sipcam Agro USA, Inc. (US), Zhejiang Zhongshan Chemical Industry Group Co. Ltd (China), Shandong Weifang Rainbow Chemical Co. Ltd (China), FMC Corporation (US), and Rallis India Limited (India) are some of the key players in the global atrazine market.  

Regional Market Summary Global Atrazine Market Share (%), by Region, 2018 Atrazine market
Source: Secondary Sources and MRFR Analysis

The market in North America is expected to dominate the global atrazine market during the forecast period due to large scale cultivation of corn and sorghum, which preferably includes use of atrazine as herbicide, to a larger extent. Moreover, expansion of agricultural activities and high acceptability of the use of herbicides are factors anticipated to fuel the growth of atrazine market in this region.  Asia-Pacific, region is projected to grow at the highest CAGR in global atrazine market, due to the increase in population, leading to increased food demand. Additionally, the farmers in developing countries like India and China are now focusing on cultivating cereals and sugar crops on a commercial scale, which is projected to support the growth of atrazine market in this region. The market in the rest of the world is expected to grow at impressive growth rate as the demand for atrazine is increasing in various countries like Argentina and Brazil, due to increase in adoption of sustainable farming practices.  

Global Atrazine Market, by Form


  • Liquid

  • Dry


Global Atrazine Market, by Crop Type

  • Cereals

  • Sugar Crops

  • Oil Bearing Crops

  • Others


Global Atrazine Market, by Mode of Application

  • Surface Application

  • Herbigation

  • Foliar


Global Atrazine Market, by Stage of Application

  • Preplant

  • Pre-Emergence

  • Post-Emergence


Global Atrazine Market, by Region

  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




  Intended Audience

  • Atrazine manufacturers

  • Traders and distributors of atrazine

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



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Frequently Asked Questions (FAQ) :

Atrazine market is projected to grow at approximately 6.07%CAGR during the assessment period (2019-2024).

Atrazine market is estimated to reach a valuation of approx. USD 2.58 BN by the end of 2024.

Post-emergence is the largest segment by application method in the global Atrazine market.

North Americaholds the largest share in the global Atrazine market, followed by Europeand the Asia Pacific, respectively.

Zagro, Sipcam Agro USA, Inc. (US), Arvia Technology (UK), KrishiRasayan Group (India), FMC Corporation (US), Syngenta AG (Switzerland), Drexel Chemical Company (Singapore), B R Agrotech LIMITED (India), Shanghai Skyblue Chemical Co., Ltd (China), Nufarm Ltd (New Zealand), Kalyani Industries Ltd (India), ADAMA Agricultural Solutions Ltd (China), Shandong Weifang Rainbow Chemical Co. Ltd (China), Zhejiang Zhongshan Chemical Industry Group Co. Ltd (China), and Rallis India Limited (India), are some of the top players operating in the global Atrazine market.