Dicamba Market Global Analysis Trends, Share, Size, Growth, Opportunity and Forecast 2019 - 2027

                                                                                    
Dicamba is a benzoic acid derivative and an organochloride chemical compound.

                   Dicamba Market


Dicamba is a benzoic acid derivative and an organochloride chemical compound. It is a herbicide used in croplands to control the growth of perennial weeds. It poses no unusual handling hazards, but it can be moderately toxic when inhaled or ingested by humans. It can be used on a variety of crops, including cereals and grains, oil seeds and pulses, pastures, and forage seeds.

The agricultural sector's demand for dicamba herbicides has increased significantly as a result of the growing need for secure food and growing crop protection awareness. Furthermore, the global increase in population has increased demand for dicamba to increase maximum crop yield, which has been accompanied by high tax rebates on exports. Furthermore, dicamba herbicide has been proposed as a replacement for glyphosate, which is expected to drive the Dicamba Market during the forecast period. Because of the increased use of hose sprayers, air sprayers, and aerosol sprays in agricultural processes, liquid dicamba herbicide formulations have seen the highest demand in recent years. Stringent regulations, combined with the volatility of dicamba herbicides, have hampered market growth.

The manufacturer's increased launch of innovation in dicamba herbicides to meet rising demand around the world is expected to accelerate market growth. For example, in June 2017, BASF SE announced the launch of Atectra BV (dicamba diglycolamine salt), a new hormonal herbicide used to control resistant broadleaf weeds, in Argentina. The product's formulation provides the lowest volatility, which is six times lower than the market's current volatility.


Market Segmentation:

By Form
  • Liquid
  • Dry

By Crop Type
  • Cereals & Grains
  • Oil seeds & Pulses
  • Pastures
  • Forage crops

By Application
  • Agriculture
  • Lawn & turf
  • Others
The key players active in the global dicamba market are BASF SE, Monsanto Company, E I du Pont de Nemours & Company, Bayer AG, The Dow Chemical Company, Syngenta AG, and Nufarm Limited.

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