Global Dicamba Herbicide Market: Overview
Dicamba, an herbicide, is utilized for managing the broadleaf weeds in farmland and other non-commercial & domestic applications. Dicamba is up taken by the weeds via the roots and leaf with small soil residual. Dicamba can result in ill health by ingestion, skin absorption, or inhalation in humans. However, owing to the rising demand for dicamba herbicide, the growth of the market is anticipated to augment in the near future.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Dicamba Herbicide Market: Growth Factors
The significant factors contributing to the growth of the global market for dicamba pesticides include herbicide resistance in weeds, increasing crop loss as a result of weed issues, and rising requirement for food security for the growing population. Furthermore, the growing wakefulness about the advantages of dicamba herbicide in the cultivators and improvements in farming techniques is boosting the market growth. Also, the altering farming practices to the conventional from traditional coupled with enhanced technologies and endorsement of Integrated Pest Management by the governments of several countries around the globe drives the market for dicamba herbicide. However, the awaiting regulatory consents, instability of dicamba resulting in drift damage, increase in weed herbicides resistance, rising consciousness regarding the organic food, and pesticides deposit on food crops are few factors that can impede the growth of the market.
Global Dicamba Herbicide Market: Segmentation
The global dicamba herbicide market can be segmented based on formulation, crop type, application, physical form, and region. The formulation segment of the market is divided into salt and acid. The crop type segment of the market is diversified into oilseeds & pulses, pastures & forage crops, cereals & grains, and others. The others segment of the market is sub-segmented into tea, sugarcane, and fruits & vegetables. The application segment of the dicamba herbicide market is classified into post-emergence and pre-emergence. The physical form segment of the market is categorized into dry and liquid. Regionally, the market is grouped into Europe, North America, Asia-Pacific, Latin America, and the Middle East & Africa.
Global Dicamba Herbicide Market: Regional Analysis
North America is expected to dominate the global dicamba herbicide market in the near future. The growth of the market in this region can be attributed to the improvements in agricultural practices and technological advancements, including herbicide resistance crops and genetically modified crops. Asia Pacific region is also anticipated to grow at a higher rate in the market in the coming period.
Global Dicamba Herbicide Market: Competitive Players
The major players in the global dicamba herbicide market include E.I. du Pont de Nemours and Company, Syngenta AG, Bayer Crop Science, BASF SE, The Dow Chemicals Company, and Monsanto Company. The other prominent players in the market are Nufarm Limited, Alligare, LLC, Helena Chemical Company, Albaugh, Inc., and The Andersons, Inc.
Global Dicamba Herbicide Market: Regional Segment Analysis
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