Dicamba herbicide is a selective herbicide of the chlorophenoxy family of chemicals. It has been effectively used in the control of broadleaf weeds in soybeans, corn, and various other food and feed crops. Dicamba herbicides are commonly employed in controlling weeds such as woody plants, vines, brush, and broadleaf plants. They are used to manage weed as they act as natural plant hormones called auxins. When weed is treated with dicamba herbicides, they show abnormal and uncontrollable growth, causing the weed to die.
MARKET DYNAMICS
The shrinking size of cultivable land and the invasion of weed in arable land around the globe has created an acute demand for dicamba herbicides. Emerging global challenges such as food security, climate change, and the proliferation of herbicide-resistant weeds have positively influenced the dicamba herbicide market. The wanton use of herbicides has, however, resulted in the evolution of herbicide-resistant weeds. For instance, the declining effectiveness of glyphosate herbicides owing to weeds resistant to the action of glyphosates has caused a number of farmers to switch to alternatives such as dicamba fertilizers. This has propelled the dicamba market even further. The increasing use of dicamba herbicides is attributed to the growing willingness of farm owners to spend more on improving productivity and crop yield. However, the failure of dicamba herbicides to minimize the damage to adjacent sensitive crops has restricted the use of dicamba fertilizers in certain applications.
MARKET SCOPE
The "Global Dicamba Herbicide Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the dicamba herbicide market with detailed market segmentation by physical form, time of application, crop type, formulation, and geography. The global dicamba herbicide market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dicamba herbicide market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global dicamba herbicide market is segmented on the basis of physical form, time of application, crop type, and formulation. On the basis of physical form, the dicamba herbicide market is segmented into liquid and dry. The dicamba herbicide market on the basis of time of application is classified into post-emergence and pre-emergence. Based on crop type, the global dicamba herbicide market is divided into cereals and grains, oilseeds and pulses, and pastures and forage crops. Based on the formulation, the global dicamba herbicide market is divided into salt and acid.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global dicamba herbicide market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The dicamba herbicide market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the dicamba herbicide market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the dicamba herbicide market in these regions.
MARKET PLAYERS
The reports cover key developments in the dicamba herbicide market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the dicamba herbicide market are anticipated to lucrative growth opportunities in the future with the rising demand for dicamba herbicide in the global market. Below mentioned is the list of few companies engaged in the dicamba herbicide market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dicamba herbicide market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Albaugh, Inc.
- BASF SE
- Bayer Cropscience AG
- E.I. Dupont De Nemours and Company
- Helena Chemical Company
- Monsanto Company
- Nufarm Limited
- Syngenta AG
- The Andersons, Inc.
- The DOW Chemical Company
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