Dicamba Herbicide Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Global Dicamba Herbicide market is segmented by form type (liquid and dry) and by Crop Type (Cereals & Grains, Oilseeds & Pulses and Pastures & Forage Crops) and Geography

Market Snapshot

Study Period: 2016 - 2026
Base Year: 2020
Largest Market: Europe
CAGR: 1.95 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

Dicamba Herbicide market is witnessing a CAGR of 1.95% during the forecast period (2020-2025).

  • The shrinkage in arable land, changes in climatic conditions and an increase in prominence for pre-emergence herbicides are the major factors driving the global Dicamba Herbicide market.
  • The tendency of herbicide drift and increase in resistance of weeds towards herbicides are some of the major factors restraining the growth of the market studied.
  • Bayer AG (The Monsanto Company), The dow chemical company, Basf SE and The dow chemical company are some of the major players who are operating in this market.

Scope of the Report

The agricultural production is decreasing every year due to the climatic changes and the changing lifestyle decreasing the area under cultivation. The scope of the Dicamba Herbicide market includes form type and by Crop Type and Geography.

By Form
Liquid
Dry
By Application
Cereals & Seeds
Oil Seeds & Pulses
Pastures & Forage Crops
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
South Africa
United Arab Emirates
Rest of Middle East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Shrinkage in Arable Land and Increase in Food Demand

The global population is increasing at an exponential rate which is around 75 million annually or 1.1% per year. According to the U.S Census Bureau, the world population is projected to reach 9 billion by 2044, an increase of 50% over the next 45 years. The critical area of concern is to meet the food demand for these burgeoning populations while farmland continues to shrink. Additionally, the growth of various pests across crops is further declining crop productivity. Hence there is a demand for crop protection chemicals including herbicides to meet this global food security. There is a significant increase in the application of dicamba herbicides across the globe as a pre-emergence herbicide in agriculture owing to its ability to control the growth of perennial weeds in cropland.

Dicamba Herbicide Market1

North America is Leading the market

North America is projected to reach the largest market for Dicamba herbicides during the forecast period (2019-2024). In North America, glyphosate is extensively used as a herbicide. However, the emergence of glyphosate-resistant weeds has propelled the farmers to adopt dicamba as an alternative herbicide. In addition,  glyphosate has been identified with carcinogenic characteristics by the International Agency for Research For Cancer. This, in turn, has created the demand for dicamba herbicide in the region and the demand is projected to increase further during the forecast period.

Dicamba Herbicide Market2

Competitive Landscape

Bayer AG (The Monsanto Company), The dow chemical company, Basf SE and The dow chemical company are some of the major players who are operating in this market. These players are entering into expansion and partnership as their key market strategies to expand their presence across the globe. In Apr 2016, companies such as Monsanto Company invested USD 975 million to expand its manufacturing facility at its Luling plant in the United States. The expansion is to deliver strong Dicamba Herbicides formulations to growers and strengthen its position in critical weed management in the region.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Form

      1. 5.1.1 Liquid

      2. 5.1.2 Dry

    2. 5.2 By Application

      1. 5.2.1 Cereals & Seeds

      2. 5.2.2 Oil Seeds & Pulses

      3. 5.2.3 Pastures & Forage Crops

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Spain

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 Germany

        4. 5.3.2.4 France

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Russia

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 United Arab Emirates

        3. 5.3.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Bayer AG (The Monsanto Company)

      2. 6.4.2 Basf SE

      3. 6.4.3 Corteva Agriscience

      4. 6.4.4 Nufarm Ltd

      5. 6.4.5 Marubeni Corporation

      6. 6.4.6 Albaugh LLC

      7. 6.4.7 Alligare, LLC

      8. 6.4.8 ADAMA Ltd

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Dicamba Herbicide Market market is studied from 2016 - 2026.

The Dicamba Herbicide Market is growing at a CAGR of 1.95% over the next 5 years.

Europe holds highest share in 2020.

Bayer AG (The Monsanto Company), Basf SE, Corteva Agriscience, Nufarm Ltd, Marubeni Corporation are the major companies operating in Dicamba Herbicide Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!