In the dynamic landscape of the turf protection industry, key players like Syngenta Crop Protection AG (Switzerland), UPL Limited (India), Corteva Agriscience (US), Nufarm (US), Bayer AG (Germany), and BASF SE (Germany) are at the forefront of innovation and market expansion. These industry leaders are driving growth through strategic initiatives such as partnerships, acquisitions, and cutting-edge product developments, solidifying their positions as influential forces in shaping the future of the turf protection industry. Their efforts not only enhance their global presence but also set new benchmarks for industry standards and customer expectations. The global turf protection market size is estimated to reach $8.1 billion by 2028, growing at a 4.9% compound annual growth rate (CAGR). The market size was valued $6.4 billion in 2023.
Top Global Turf Protection Leaders to Watch in 2024
· Syngenta Crop
Protection AG (Switzerland)
· UPL Limited (India)
· Corteva Agriscience
(US)
· Nufarm (US)
· Bayer AG (Germany)
· BASF SE (Germany)
· SDS Biotech K.K.
(Japan)
· AMVAC Chemical
Corporation (US)
· Bioceres Crop
Solutions (Argentina)
· Colin Campbell
(Chemicals) Pty Ltd (Australia)
· ICL Group Ltd. (US)
Investments and Innovations:
Key Strategies of Top Turf Protection Companies
Syngenta Crop Protection AG: Leading the Way in Integrated Pest Management
Syngenta Crop Protection AG, a global agribusiness based in
Switzerland, operates prominently in the crop protection and seeds markets. The
company offers a comprehensive range of herbicides, insecticides, fungicides,
and seed treatments, helping growers worldwide enhance agricultural
productivity and food quality. With a presence in over 90 countries, Syngenta’s
reach is truly global. In October 2020, Syngenta further strengthened its
position by acquiring Valagro, a leading biologicals company. Valagro’s strong
presence in Europe, North America, Asia, and Latin America complements
Syngenta’s existing crop protection chemicals. This acquisition allows Syngenta
to offer more integrated pest management strategies that reduce reliance on
synthetic chemicals, while Valagro’s expertise in plant nutrition promotes
healthier turfgrass growth and improved soil health.
Know about the assumptions considered
for the study
UPL Limited: Innovating Turf Management Solutions Globally
UPL Limited, formerly known as
United Phosphorus Limited, is a global agrochemical company based in India,
providing a wide range of agricultural solutions, including crop protection
products, seeds, and post-harvest solutions. UPL is a key player in turf
management, offering innovative solutions for golf courses, sports fields, and
other turf areas. Their product portfolio includes herbicides, fungicides,
insecticides, and plant growth regulators, all designed to enhance turf quality
and health while effectively controlling pests and diseases. Operating in over
130 countries across North America, South America, Europe, and Asia Pacific,
UPL has 28 manufacturing sites worldwide, solidifying its position as a leader
in the global turf protection market.
Bayer AG: Streamlining for a Focused Future in Turf Protection
Bayer AG, a multinational
pharmaceutical and life sciences company headquartered in Leverkusen, Germany,
operates across three business segments: Pharmaceuticals, Consumer Health, and
Crop Science. The company’s Crop Science division caters to the turf protection
market, offering products such as herbicides, insecticides, and fungicides.
With operations in over 90 countries, including regions like North America,
South America, Europe, the Middle East, Africa, and Asia Pacific, Bayer
maintains a strong global presence. In March 2022, Bayer sold its Environmental
Science Professional business, which includes turf protection products, to
private equity firm Cinven for USD 2.6 billion. This strategic divestment is
part of Bayer’s ongoing efforts to streamline its portfolio and concentrate on
core businesses, ensuring a more focused approach to its future operations.
Game-Changing Advances in Turf Protection Market
·
In July 2021, BASF SE announced the introduction
of Encartis, a new dual-active fungicide for golf course superintendents,
turfgrass managers, and lawn care operators. Encartis combines the active
ingredients of Intrinsic and Xzemplar fungicides, delivering a powerful tool
for the control of turfgrass diseases, including anthracnose, brown patch, and
dollar spot. This product launch expanded the company’s product portfolio for
the turf protection market.
·
In June 2020, Nufarm announced an extension of
its partnership deal with Valent, a leading crop protection company. Under this
partnership, Nufarm will continue to distribute Valent's herbicides,
fungicides, and insecticides in Canada. This helped the company to increase its
revenue flow.
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