Bayer AG, BASF SE, FMC Corporation are expected to dominate the Global Aquatic Herbicides Market in 2022

The Global Aquatic Herbicides Market is expected to grow with a CAGR of 6.1% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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The global aquatic herbicides market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favorable market scenario.

The major players dealing in the global aquatic herbicides market are introducing a wide range of products. This helped companies to maximize sales with an enhanced product portfolio.

Some of the prominent major players operating in the global aquatic herbicides market are BASF SE, Nufarm, UPL, Helena Agri-Enterprises, LLC, BioSafe Systems, Bayer AG, FMC Corporation, Sanco Industries Inc., and ALLIGARE America's VM Specialist, SePRO Corporation.

For instance,

  • In February 2022, Nufarm entered into a long-term agreement with BP Products North America Inc. to purchase Nuseed Carinata oil that will be processed or sold into growing markets for the production of sustainable biofuels. This oil is a non-food cover crop that can be used to produce low-carbon biofuel feedstock that is independently certified, sustainable and scalable.

Bayer AG

Bayer AG is headquartered in Leverkusen; Germany and was founded in 1863. The company focuses on manufacturing products that contribute to finding solutions to some of the major challenges of the time. The company has several business categories which are Crop Science, Pharmaceuticals, and Consumer Health, out of which crop science is the focused business category. The company has several product categories which are Pharmaceuticals, Consumer Health, Crop Science, out of which crop science is the focused product category. The company has wide global presence across North America, South America, Europe, Asia-Pacific, Middle East and Africa. Company have subsidiaries which are Monsanto (U.S.), Bayer CropScience LLC (U.S.), Asklepios BioPharmaceutical, Inc. (U.S.), Bayer CropScience (Germany), Seminis (U.S.), among others

  • In April 2022, Bayer AG awarded three young leaders with a passion for sustainable global agriculture. These people have been named Bayer's Youth Ag Summit Thrive for Change Awards winners. Each will receive a €5,000 award to help put their winning Thrive for Change project ideas into action.

BAS SE

BASF SE is headquartered in Ludwigshafen, Germany as public ownership and was founded in 1865. The company focuses on various business strategies to adapt to the needs of individual industries and markets in chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions. The company offers various business segments which are chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions out of which agricultural solutions is the market focused segment. In addition, the company offers various product categories which are agriculture, automotive & transportation, chemicals, coatings solutions, construction, electronics & electric, energy & resources, furniture & wood, home care and I&I cleaning, nutrition, packaging & print, paints & coatings, personal care & hygiene, pharmaceuticals, plastics & rubber, product finder, pulp & paper, textile, leather & footwear out of which agriculture is market-focused category. The company has wide global presence across North America, South America, Europe, Asia-Pacific, Middle East and Africa. The company have subsidiaries which are Wintershall (Germany), BASF Coatings GmbH (Germany), and BASF Japan (Japan), Nunhems B.V. (Netherlands), Chemetall GmbH (Germany), among others

  • In June 2021, BASF SE launched its herbicide Habitat Aqua herbicide, which was registered for use by Health Canada, to combat invasive weeds that threaten natural habitats across the Canadian region. This product has been approved for application in and around aquatic sites. It provides effective control over tough-to-manage invasive species such as phragmites, cordgrasses, flowering rush, and knotweeds, which were problematic for the native ecosystem and caused significant damage to the surrounding area.

Aquatic Herbicides Market

FMC Corporation

FMC Corporation Incorporated is headquartered in Pennsylvania, U.S public ownership and was founded in 1883. The company focuses on advanced farming through innovative and sustainable crop protection technologies. The company have business category which are Crop Protection Chemicals out of which Crop Protection Chemicals are focused business category. The company have several product categories which are Fungicides, Herbicides, Insecticides & Miticides, At-Plant, Harvest Aids, Precision Platforms out of which herbicides are focused product category. The company has wide global presence across North America, Latin America, Asia-Pacific, Middle East and Africa. Company have subsidiaries which are Cheminova (Denmark), Agricultural Products International (Switzerland), FMC Wyoming Corp (U.S.), FMC Chemicals Ltd (U.K.), FMC of Canada Limited (Canada), among others

  • In April 2022, FMC Corporation discontinued its operations and business in the Russian region. The company's only crop protection packaging and formulation plant in Cheboksary, Russia, has been closed and is idle.