Dicamba Herbicide Market: Segmented By Formulation (Acid and Salt); By Crop Type (Cereals & Grains, Oilseeds & Pulses, and Pastures & Forage Crops) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
Global Dicamba herbicide Market to surpass USD 10.02 billion by 2030 from USD 4.52 billion in 2020 at a CAGR of 8.2% in the coming years, i.e., 2021-30. Herbicide resistance in weeds increased crop... もっと見る
SummaryGlobal Dicamba herbicide Market to surpass USD 10.02 billion by 2030 from USD 4.52 billion in 2020 at a CAGR of 8.2% in the coming years, i.e., 2021-30. Herbicide resistance in weeds increased crop loss due to weed problems, and the rising demand for food protection for the growing population are all factors driving the global market for dicamba herbicide.Product Overview Dicamba is a benzoic acid herbicide used on soil, plants, and leaves. It's also used to get rid of broad-leaved weeds. Dicamba is a water-soluble pesticide. It's an effective weed-control herbicide that's been around for forty years. To address the increasing growth in demand for fodder, dicamba herbicides are used to minimize crop loss and increase crop yield. In most agricultural applications markets, dicamba is replacing glyphosate. Rising awareness about the production of crops may majorly benefit the Dicamba market. Market Highlights Global Dicamba herbicide market is expected to project a notable CAGR of 8.2 % in 2030. Furthermore, increasing knowledge of the benefits of dicamba herbicide in cultivators, as well as advancements in farming techniques, are driving the market growth. The demand for dicamba herbicide is also driven by the shift in agricultural practices from organic to conventional, as well as improved technology and government support of Integrated Pest Management by many countries around the world. Global Dicamba Herbicide Market: Segments Cereals & Grains segment to grow with the highest CAGR during 2020-30 Global Dicamba herbicide market is segmented by Crop type into Cereals & Grains, Oilseeds & Pulses, and Pastures & Forage Crops. The cereals & grains category is thought to dominate as maize, wheat and rice are among the crops that have the largest crop area harvested in the world for the greatest share of the dicamba herbicides market in 2020. The global output of cereals will also hit XXXX million tons by 2030, XX.X% percent higher than in 2020. The growth in Argentina, Brazil, China, Russia, Ukraine, and the United States is expected to be important. Salt segment to grow with the highest CAGR during 2020-30 Global Dicamba herbicide is divided by formulation into Acid and Salt. The salt division of herbicides dominated by formulation the global market for dicamba herbicides. The water solubility properties of salts, which minimize emulsifier requirements, are responsible for this. Salt is less volatile than esters, too. The formulations for dicamba herbicides include dicamba acid, salt dimethylamine (DMA), Sodium salt, salt diglycoamine (DGA), salts of isopropylamine (IPA), salts of potassium. These dicamba derivatives have different environmental characteristics. Market Dynamics Drivers Reduction in crop loss Herbicide resistance in weeds increased crop loss due to weed problems, and the rising demand for food protection for the growing population are all factors driving the global market for dicamba pesticides. Furthermore, increasing knowledge of the benefits of dicamba herbicide in cultivators, as well as advancements in farming techniques, are driving market development. The demand for dicamba herbicide is also driven by the shift in agricultural practices from organic to conventional, as well as improved technology and government support of Integrated Pest Management by many countries around the world. Technological advancements Rising prices of agricultural commodities, Increase in the use of herbicides and growth of dicamba-resistant GMO crops, and Advancement in farming practices and technology are few other factors that propel the market growth. Restraint Increased environmental issues Increased environmental issues and complaints about the unpredictable nature of dicamba have a detrimental effect on the demand for dicamba herbicides. Dicamba products are listed as a limited use by EPA in 2020 for plant growing seasons, so only a qualified applicator with special training can apply them. Furthermore, dicamba pulverization should be stopped if winds are less than 16 km/hour and spraying is restricted to certain periods of day. Such limitations on the use of dicamba herbicides are projected to hinder the demand for dicamba herbicides in the forecast era. Global Dicamba Herbicide Market: Key Players Syngenta AG Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis DuPont The Andersons, Inc. Syngenta AG Alligare LLC Helena Chemical Company Albaugh Bayer AG BASF SE Dow Nufarm Limited Monsanto Company Other Prominent Players Global Dicamba Herbicide Market: Regions Global Dicamba herbicide market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Dicamba herbicide in North America held the largest market share of XX.X% in the year 2020. Due to an increasing demand for dicamba Herbicides throughout many crops including soya beans, cotton, and corn in North America, the market for dicamba herbicides in 2020 accounted for a significant share. Europe is also a key part of the demand for dicamba herbicides. Europe is thereafter. In Asia Pacific, the demand for dicamba herbicides is rapidly growing as improved agricultural practices are being implemented. Dicamba herbicides market is expected to grow significantly during the predicted timeline in Latin America and in the Middle East and Africa, due to the high demand for dicamba herbicides in emerging economies like Brazil, Mexico, and GCC in these regions. Global Dicamba Herbicide Market is further segmented by region into: North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA Global Dicamba Herbicide Market report also contains analysis on: Dicamba herbicide Market Segments: By Formulation Acid Salt By Crop Type Cereals & Grains Oilseeds & Pulses Pastures & Forage Crops Dicamba herbicide Dynamics Dicamba herbicide Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved in the Market Value Chain of the Market Market Drivers and Restraint Dicamba herbicide Market Report Scope and Segmentation Frequently Asked Questions How big is the Dicamba herbicide market? What is the Dicamba herbicide market growth? Which segment accounted for the largest Dicamba herbicide market share? Who are the key players in the Dicamba herbicide market? What are the factors driving the Dicamba herbicide market? Table of ContentsContents1. Executive Summary 2. Global Dicamba herbicide Market 2.1. Product Overview 2.2. Market Definition 2.3. Segmentation 2.4. Assumptions and Acronyms 3. Research Methodology 3.1. Research Objectives 3.2. Primary Research 3.3. Secondary Research 3.4. Forecast Model 3.5. Market Size Estimation 4. Average Pricing Analysis 5. Macro-Economic Indicators 6. Market Dynamics 6.1. Growth Drivers 6.2. Restraints 6.3. Opportunity 6.4. Trends 7. Correlation & Regression Analysis 7.1. Correlation Matrix 7.2. Regression Matrix 8. Recent Development, Policies & Regulatory Landscape 9. Risk Analysis 9.1. Demand Risk Analysis 9.2. Supply Risk Analysis 10. Global Dicamba Herbicide Market Analysis 10.1. Porters Five Forces 10.1.1. Threat of New Entrants 10.1.2. Bargaining Power of Suppliers 10.1.3. Threat of Substitutes 10.1.4. Rivalry 10.2. PEST Analysis 10.2.1. Political 10.2.2. Economic 10.2.3. Social 10.2.4. Technological 11. Global Dicamba Herbicide Market 11.1. Market Size & forecast, 2020A-2030F 11.1.1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 11.1.2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12. Global Dicamba Herbicide Market: Market Segmentation 12.1. By Regions 12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2. By Crop Type: Market Share (2020-2030F) 12.2.1. Cereals & Grains, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.2. Oilseeds & Pulses, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.3. Pastures & Forage Crops, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3. By Formulation: Market Share (2020-2030F) 12.3.1. Acid, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.2. Salt, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 13. Company Profile 13.1. Syngenta AG 13.1.1. Company Overview 13.1.2. Company Total Revenue (Financials) 13.1.3. Market Potential 13.1.4. Global Presence 13.1.5. Key Performance Indicators 13.1.6. SWOT Analysis 13.1.7. Product Launch 13.2. DuPont 13.3. The Andersons, Inc. 13.4. Syngenta AG 13.5. Alligare 13.6. LLC 13.7. Helena Chemical Company 13.8. Albaugh 13.9. Bayer AG 13.10. BASF SE 13.11. Dow 13.12. Nufarm Limited 13.13. Monsanto Company 13.14. Other Prominent Players Consultant Recommendation **The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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