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Dicamba Herbicide Market Size - Industry Share Report 2022

04-28-2017 01:05 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: RNR Market Research

Dicamba Herbicide Market

Dicamba Herbicide Market

Dicamba Herbicide Market Size, Share, Price | Industry Report 2022 Market Research Report to It’s a Database.

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“Global dicamba herbicide market projected to grow at a CAGR of 7.3%”

The global dicamba herbicide market is projected to reach a value of USD 521.2 million by 2022, growing at a CAGR of 7.3% from 2016 to 2022. The market is driven by factors such asrising crop loss due to weed problems, growing need for food security for the increasing population, and herbicide resistance in weeds. The changing farming practices from traditional to conventional clubbed with advanced technologies and promotion of Integrated Pest Management (IPM) by the governments of many countries across the world drives the demand for dicamba herbicides in the agriculture sector. The main barriers in dicamba herbicide market include the drift tendency of dicamba herbicide, rise in weed herbicides resistance, pesticides residue on food crops & increasing awareness about organic food.

“Cereals and grains accounted for the largest market share in 2015 among the crop types of dicamba herbicides”

On the basis of croptype,the dicamba herbicide market is segmented into cereals & grains, oilseeds & pulses, pastures & forage crops, and others which include sugarcane, tea, coffee, fruits, and vegetables. The cereals and grains segment dominated the dicamba herbicide market owing to their large production worldwide. The oilseeds and pulses is projected to grow at the highest CAGR during the forecast period.

“Salt based dicamba her bicidesled the market with the largest share in 2015”

Dicamba is classified as either a benzoic acid or chlorophenoxy herbicide. Formulations include acid-based and salt-based dicamba herbicides. The salt-based dicamba herbicide segment dominated the market with largest share in 2015 and the trend is expected to continue.Dimethylamine salt and sodium salt are the most commonly salts used as active ingredients in herbicides.

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Key players include:

(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*

• Geographic Revenue Mix
• Monsanto Company
• E.I. Dupont De Nemours and Company
• BASF SE
• The DOW Chemical Company
• Bayer Cropscience AG
• Syngenta AG
• Nufarm Limited
• Helena Chemical Company
• The Andersons, Inc.
• Albaugh, Inc.
• Alligare, LLC

Research Coverage

This market study covers various segments of the dicamba herbicide market (crop type, time of application, formulation, form, and region) for arriving at the size of the market in the period between 2016 and 2022. The report is segmented into four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

Reasons to buy this report:

From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the dicamba herbicide market; high-growth regions;and market drivers, restraints, and opportunities.

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