Global Dicamba Herbicide Market Report and Forecast 2024-2032

Global Dicamba Herbicide Market Outlook

The global dicamba herbicide market attained a value of about USD 558.23 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.1% to reach nearly USD 1,034.84 million by 2032.

North America to Contribute Significant Share in the Dicamba Herbicide Industry

North America is a significant market for dicamba herbicides. This could be attributed to the progress in agricultural practices and technological advancement. In North America, glyphosate has been widely used as an herbicide, but due to the emergence of glyphosate-resistant weeds, the farmers are now inclined to use dicamba, consequently boosting the market growth of dicamba herbicide.

In the forecast period, the Asia Pacific is expected to grow at a healthy pace because of the increasing demand for dicamba herbicides in the region. The availability of cheaper materials in the region is also acting in favour of the market. Due to high tax rebates between 9% to 13%, China is emerging as a major hub for dicamba herbicide export. This has led to an inflow of manufacturers in the dicamba herbicide industry. Dicamba is now available at competitive prices due to an increase in manufacturers as well as tax rebates, thereby boosting the industry.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Dicamba Herbicide: Market Segmentation

Dicamba Herbicide (3,6-dichloro-2-methoxybenzoic acid) is an herbicide used to control weeds for crop grains and turf areas. Dicamba is a particular herbicide used for post-emergent control of broadleaf weeds in corn, soybeans, and a variety of other food and feed crops. It can also be used to control bush and bracken in pastures and control cacti and legumes formation.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The major physical forms of dicamba herbicide is as follow:

• Liquid 
• Dry 

The market can be broadly categorised on the basis of its formulation into:

• Salt
• Acid

The market can be divided on the basis of its crop type into:

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

The EMR report looks into the regional markets of dicamba herbicide like North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Growing Awareness About Crop Protection to Boost the Dicamba Herbicide Industry

With the increasing population across the world, demand for food is rising, and it is the need of the hour to reduce food waste. Using dicamba leads to maximisation of crop yield and minimisation of crop loss. The increasing need for food security and safety, along with the growing awareness about crop protection, is benefiting the market for dicamba herbicide globally. With agricultural land converting into construction land, the area under crop production is reducing. To meet the food needs of the increasing population and in light of the decreasing land, farmers are using more crop protection chemicals, including herbicides, to increase the crop yield per hectare. Further, organic farming is gaining momentum in the agriculture industry. Moreover, growing awareness among people about the adverse effects of pesticides and stringent rules and regulations are expected to boost the market growth of dicamba herbicide.

Key Industry Players in the Global Dicamba Herbicide Market

The report presents a detailed analysis of the following key players in the global dicamba herbicide market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Bayer Cropscience AG
• Syngenta AG
• Nufarm Limited
• BASF SE
• Helena Agri-Enterprises, LLC
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report