Bromacil Market By Type (Bromacil 40 herbicide, Bromacil 80 herbicide, Others) , By Application (Non-crop areas, Crop areas) : Global Opportunity Analysis and Industry Forecast, 2024-2033
The bromacil market was valued at $135.3 million in 2023, and is projected to reach $177.6 million by 2033, growing at a CAGR of 2.8% from 2024 to 2033.
Bromacil is a herbicide used primarily for controlling weeds and brush in non-crop areas, such as industrial sites, rights-of-way, and railroads. Classified as a uracil herbicide, bromacil works by inhibiting photosynthesis in plants, ultimately leading to their death. It is used in both liquid and granular forms and has a long residual activity, making it a favored choice for long-term weed control.
The growth of the global bromacil market is majorly driven by increase in demand for herbicides in non-agricultural areas, such as railways, highways, and industrial sites. Long-term effectiveness of bromacil in controlling deep-rooted weeds is a key advantage for such applications. A study conducted by the U.S. Department of Agriculture (USDA) in 2020 showed that Bromacil provides over 90% control of deep-rooted perennial weeds in non-crop areas like railways and highways for up to 18 months after application. In addition, bromacil offers a cost-efficient, long-lasting solution for weed control, reducing the need for frequent herbicide applications. This cost-effectiveness acts as a key driver. Furthermore, regulatory frameworks guiding the use of bromacil and other herbicides have led to the adoption of more efficient formulations that meet environmental standards, influencing the market’s growth. However, bromacil is known to leach into groundwater and persist in the environment, posing risks to both human health and ecosystems and hampering the market growth. In addition, availability of safer, more eco-friendly herbicides has reduced the dependence on bromacil, thus restraining the growth of the market. On the contrary, innovations in herbicide formulations that enhance the effectiveness and reduce environmental impact of bromacil are fostering the market growth.
The global bromacil market is segmented into type, application, and region. On the basis of type, the market is divided into bromacil 40 herbicide, bromacil 80 herbicide, and others. By application, it is bifurcated into non-crop areas and crop areas. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key FindingsBy type, the bromacil 40 herbicide segment dominated the market with the highest market share in 2023.On the basis of application, the non-crop areas segment garnered the largest share in 2023.
Region wise, North America emerged as the most lucrative market for bromacil.
Competition AnalysisCompetitive analysis and profiles of the major players in the global bromacil market include Adama Agricultural Solutions Ltd., Corteva Agriscience, FMC Corporation, Syngenta Group, Alligare LLC, AMVAC Chemical Corporation, Chem China Ltd., Nufarm Limited, UPL Limited, Wilbur-Ellis Company, DUPONT, and Bayer CropScience AG. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to sustain the intense competition and gain a strong foothold in the global market.
Key Market SegmentsBy TypeBromacil 40 herbicide
Bromacil 80 herbicide
Others
By ApplicationNon-crop areas
Crop areas
By RegionNorth America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Thailand
Malaysia
Indonesia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
UAE
Argentina
Rest of LAMEA
Key Market PlayersAdama Agricultural Solutions Ltd.
Corteva Agriscience
FMC Corporation
Syngenta Group
Alligare LLC
AMVAC Chemical Corporation
Chem China Ltd.
Nufarm Limited
UPL Limited
wilbur-ellis company
DUPONT
Bayer CropScience AG