Dicamba Herbicide Market Growth Rates 2025

Posted by Prashanth on February 27th, 2020

MARKET OVERVIEW:

Dicamba Herbicide Market was worth 397.0 million USD in 2020 and is expected to reach 566.6 million USD by 2025 with a CAGR of 7.37 %.

DRIVERS & RESTRAINTS OF THE MARKET:

• The growing need for food security for the increasing population and the loss of crops due to weed problems, as well as the shift from traditional to conventional agricultural practices, are some of the factors driving the growth of the dicamba herbicide market.
• However, factors such as the volatility of dicamba, strict regulatory approvals and growth in the organic food sector are holding back the market.

REPORT SEGMENTED AS:

Based on Crop Type:

• Cereals & Grains
• Oilseeds & Pulses
• Pastures & Forage Crops

Based on Formulation:

• Acid
• Salt

Based on Physical Form:

• Dry
• Liquid

Based on Time Of Application:

• Pre-Emergence
• Post-Emergence

GEOGRAPHICAL SEGMENTATION:

Geographically, the Global Dicamba Herbicide Market is segmented into Asia-Pacific, Europe, Latin America, North America and the Middle East and Africa. Europe is the market leader, and North America is the second-largest market and is expected to increase due to numerous technological advancements in the region.

KEY MARKET PLAYERS:

• Monsanto Company
• BASF SE
• Bayer Crop Science
• I. du Pont de Nemours and Company
• The Dow Chemicals Company
• Syngenta AG

THE SCOPE OF THE REPORT:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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