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US IVM market contracts

The value of the US pesticide and fertiliser market for the industrial vegetation management (IVM) sector fell by 5% between 2009 and 2011 to some $500 million, according to US market research company Kline & Company (Parsippany, New Jersey). The downturn is attributed to the extensive use of lower cost generic herbicides, a fall-off in the housing market and the reduced use of plant growth regulators and insecticides in the forestry sector. However, there is potential for growth from the spread of noxious and invasive weeds, and switching from mechanical to weed control to save money, Kline points out.

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