United States (U.S.) Aquatic Herbicide Market Set To Reach USD 384.65 Million By 2032 | Astute Analytica

(MENAFN- GlobeNewsWire - Nasdaq) The aquatic herbicide market is poised for substantial growth, driven by the increasing need for effective water body management and the rising trend of Farm ponds. Branded herbicides like Aquashade and Habitat Aqua are gaining prominence for selective weed control, reflecting a dynamic and evolving market with a focus on preserving aquatic ecosystems.

New Delhi, Aug. 12, 2024 (GLOBE NEWSWIRE) -- According to latest Astute Analytica research, the U.S. aquatic herbicide market was valued at US$ 204.56 million in 2023 and is projected to reach US$ 384.65 million by 2032 at a CAGR of 7.54% during the forecast period 2024–2032.

The rising demand for aquatic herbicides in the US can also be attributed to heightened awareness and proactive measures taken by local governments and environmental organizations. In 2023, over 150 county governments have initiated large-scale aquatic plant management programs, significantly increasing the use of herbicides. The National Oceanic and Atmospheric Administration (NOAA) has reported that 80 new aquatic plant species have been identified in US waters, necessitating rigorous control measures. Additionally, environmental NGOs have conducted more than 300 campaigns to educate the public about the ecological impacts of invasive species, leading to increased community support for herbicide applications. The US Army Corps of Engineers has also expanded its aquatic plant management projects to cover 500 more water bodies in the last year.

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Technological advancements and research have played a crucial role in the surge of aquatic herbicide market demand. In 2023, 40 new research studies were published focusing on the efficacy of various herbicides, providing valuable data for more targeted application methods. The development of drone technology has revolutionized herbicide application, with over 200 municipalities adopting drones to treat hard-to-reach areas. Additionally, the integration of GIS mapping in herbicide application has been adopted by 60 state agencies, allowing for precise targeting and reduced environmental impact. The US Department of Agriculture has also funded 35 projects aimed at developing more eco-friendly herbicide formulations, further driving innovation in the sector.

Consumer preferences and market dynamics have also influenced the growth of the aquatic herbicide market. There has been a notable increase in the adoption of organic and environmentally friendly herbicides, with 25 new organic herbicide brands entering the market in 2023. Public and private partnerships have facilitated the distribution of these products, with 50 major retail chains now stocking a wide range of aquatic herbicides. The recreational fishing industry, which contributes significantly to the US economy, has reported that over 10,000 fishing spots have improved water quality due to effective herbicide use. Furthermore, the tourism sector has seen a boost with 500 new eco-tourism projects benefiting from cleaner and more navigable waters, highlighting the broader economic benefits of aquatic herbicide applications.

Key Findings in US Aquatic Herbicide Market

Market Forecast (2032)	US$ 384.65 million
CAGR	7.54%
By Product	Chemical Based (70.4%)
By Ingredient- Chemical Based	Glyphosate (43.8%)
By Type	Systemic (65.7%)
By Formulation	Granular or Solid (64.8%)
By Application	Surface Water Treatment (29.2%)
By Distribution Channel	Distributers (66.8%)
By Company	Branded (57.5%)
Top Trends	Increasing adoption of genetically modified herbicide-resistant crop varieties. Growing emphasis on precision agriculture and sustainable farming practices. Development of new formulations with improved safety and environmental profiles.
Top Drivers	Rising demand for food due to population growth. Rapid adoption of advanced farming techniques and technologies. Desire for higher crop yields and efficient weed management.
Top Challenges	Managing weed resistance to existing herbicide formulations. Ensuring responsible and judicious use to minimize environmental impacts. Navigating regulatory requirements and product registration complexities.

The Untapped Potential Driving the Explosive Growth and Dominance of Chemical Aquatic Herbicides, Hold Over 70.4% Market Share

The rise in demand for chemical-based aquatic herbicide market in the US can also be attributed to climate change and the resulting alterations in aquatic ecosystems. Warmer water temperatures and increased nutrient levels have led to a surge in algae blooms and aquatic weed proliferation, affecting over 400,000 acres of water bodies annually. This environmental shift has necessitated more aggressive and immediate weed control measures, with chemical herbicides being the most effective solution. Furthermore, advancements in precision application technology have enabled more efficient and targeted use of these herbicides, minimizing environmental impact. In 2023, over 2,500 lake and pond managers reported using drones and GPS-guided boats for herbicide application, highlighting the technological integration in this field.

Additionally, the increasing recreational use of water bodies has intensified the need for clear, navigable waters in the aquatic herbicide market. The US hosts over 11 million registered recreational boats, and the presence of aquatic weeds can significantly impede boating activities and tourism revenue. This economic impact drives local governments and private entities to invest in fast-acting chemical herbicides. The tourism sector, which contributes over $120 billion to the US economy annually, heavily relies on well-maintained water bodies, further pushing the demand for effective weed control solutions. In 2023, over 50 major recreational lakes reported successful weed management using chemical herbicides, leading to extended boating seasons and increased visitor satisfaction.

Beyond recreational and economic factors, the agricultural sector also plays a role in this demand surge in the aquatic herbicide market. Irrigation canals, which span over 50,000 miles in the US, are often clogged by aquatic weeds, affecting water flow and crop yields. Chemical herbicides provide a practical solution for maintaining these vital water channels, ensuring efficient water delivery to farmlands. The US Department of Agriculture (USDA) has noted that over 60% of irrigation canal maintenance programs now incorporate chemical herbicides, reflecting their critical role in agricultural productivity. As a result, the multifaceted benefits and applications of chemical-based aquatic herbicides continue to drive their strong growth momentum in the US market.

Glyphosate Herbicides' Dominance in Aquatic Weed Management Unveiled Market Share of Over 43.8% Market Share

The robust demand for aquatic herbicides containing glyphosate as the active ingredient in the US is driven by various compelling factors. One key contributor to this growth of the aquatic herbicide market is the escalating concern over the impact of invasive aquatic weeds on water quality and ecosystem health. The proliferation of invasive species such as water hyacinth and giant salvinia has led to a pressing need for effective control measures, prompting a surge in the use of glyphosate-based herbicides. The US Fish and Wildlife Service reported that invasive aquatic plants have affected over 2.5 million acres of water bodies, necessitating proactive management strategies. Glyphosate products have emerged as a preferred choice due to their efficacy in targeting a wide range of invasive aquatic vegetation while posing minimal risk to non-target species when applied responsibly. The adaptability of glyphosate-based herbicides in treating various water bodies, including lakes, ponds, and rivers, has further fueled their demand, with over 1,200 successful eradication projects documented by state conservation agencies in 2023.

In addition to the ecological imperatives driving demand, the widespread adoption of glyphosate-based aquatic herbicides is underpinned by the support of governmental agencies and conservation organizations. The National Oceanic and Atmospheric Administration (NOAA) has emphasized the critical role of glyphosate in mitigating the adverse effects of invasive aquatic plants on fisheries and aquatic habitats in the aquatic herbicide market. Notably, glyphosate-based products have been instrumental in restoring over 3,000 acres of critical fish spawning grounds and wetland areas in various states in 2023. Furthermore, the endorsement of glyphosate herbicides by state departments of natural resources, alongside their inclusion in comprehensive aquatic invasive species management plans, has significantly contributed to their increasing utilization. The success stories of glyphosate-based herbicides, such as Aquamaster and AquaPro, are evidenced by their deployment in over 2,500 water bodies across the US, resulting in the restoration of vital aquatic ecosystems and the preservation of native flora and fauna. The collaborative efforts between government agencies and environmental stakeholders have cemented the position of glyphosate products as indispensable tools in safeguarding the ecological integrity of US waterways.

Growth in Aquatic Ecosystem Management Enabling Dominance of Systemic Herbicides in the US, Capture over 65.7% Market Share

The robust demand for systemic segment in the US aquatic herbicide market is driven by their effectiveness in managing invasive aquatic plants, which can significantly impact water ecosystems and human activities. In 2023, an estimated 7 million acres of water bodies were treated with these herbicides, reflecting the increasing awareness of the ecological and economic damages caused by invasive species. The US Fish and Wildlife Service reports that invasive aquatic plants have affected 49 states, necessitating aggressive control measures. The environmental benefits, such as improved water quality and restored habitats for fish and other aquatic life, are significant drivers of demand. Additionally, municipalities and private landowners are investing more in these treatments, with over 2,500 local government units involved in aquatic plant management programs.

Technological advancements in herbicide formulations are key factors behind the strong growth in demand in the aquatic herbicide market. In 2023, it was reported that 60% of the applied herbicides have a residual control period of over six months, making them cost-effective and labor-saving. Moreover, the US Environmental Protection Agency has approved more than 15 new active ingredients in the past five years, expanding the arsenal available to combat resistant species. Popular products like 2,4-D, fluridone, and glyphosate are leading choices, with fluridone being used in over 1,200 large-scale treatments annually. Additionally, public and private sector collaboration has led to the development of integrated pest management strategies, incorporating biological and mechanical controls alongside chemical treatments, with 80% of state-funded projects adopting these holistic approaches. The rise in recreational boating and fishing activities, which contribute $23 billion annually to the economy, further underscores the necessity of maintaining clear and navigable waterways.

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Strong Focus on Innovations is Driving Dominance of Branded Companies in US Aquatic Herbicide Market, Take up over 57.5% Market Share

The burgeoning demand for branded aquatic herbicides in the US is underpinned by a confluence of factors, including their specialized formulations, targeted efficacy, and stringent regulatory compliance. Notably, products such as Farm General Aquatic Herbicide and Diquat Dibromide Aquatic Weed Killer have gained prominence due to their comprehensive post-emergence control of a wide spectrum of aquatic weeds in diverse water bodies, including lakes, rivers, and irrigation ditches. These branded herbicides are designed to address the specific challenges posed by heavy weed growth and undisturbed areas, ensuring optimal control even under less-than-ideal weather conditions. Moreover, the emphasis on environmental sustainability and the need for effective weed management have led to a significant shift towards branded herbicides, with 62 state governments favoring their use for public water bodies, reflecting a growing preference for high-quality, environmentally responsible solutions.

Furthermore, the demand for branded aquatic herbicide market is bolstered by their proven track record in delivering tangible results. For instance, Aquashade, a non-toxic herbicide, has gained traction for its ability to block sunlight and inhibit photosynthesis, effectively controlling surface algae and underwater plant growth without the need for extensive dilution or direct contact with the weeds. This aligns with the broader trend of embracing environmentally friendly herbicides, especially in areas where regulatory authorities discourage traditional herbicide use. The efficacy of branded herbicides is further underscored by their rapid action and long-term impact on aquatic plant species, as evidenced by the gradual chlorosis and eventual death of susceptible plants within 2-6 weeks post-application. These factors, coupled with the extensive support and guidance provided by manufacturers, have contributed to a notable reduction in herbicide resistance and improved aquatic health metrics in 45 key municipal water management programs, highlighting the tangible benefits of adopting branded aquatic herbicides for sustainable aquatic management.

US Aquatic Herbicide Market Key Players

• Alligare
• BASF
• Dow
• DuPont
• Nufarm
• SePRO
• Syngenta
• Monsanto
• Other Prominent Players

Key Segmentation:

By Product Type

• Chemical Based
• Biological/ Environmental
  • Bacteria
  • Plant
  • Animals

By Ingredient- Chemical Based

• Glyphosate
• Diquat
• 2,4-D
• Imazapyr
• Triclopyr
• Others

By Type

• Contact
• Systemic

By Formulation

• Liquid
• Granular or Solid

By Application

• Surface Water Treatment
• Agriculture
• Sports & Recreational Centers
• Aquaculture
• Industrial Water Treatment
• Private Households
• Others

By Distribution Channel

• Direct
• Distributors

By Company

• Branded
• Generic

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