Dicamba Herbicide Market Scope
Dicamba Herbicide is a benzoic acid herbicide applied to soil, plant, or leaves. Dicamba Herbicide is an herbicide used for post-emergent control of broadleaf weed for corn, soybean crops. It is used for weed control in residential areas. Moreover, Dicamba Herbicide is highly chemical can damage non-target plant species through spray drift. Geographically Asia Pacific is the leading region for the production of Dicamba Herbicide such as India, China, and the USA. Hence, the demand for the Dicamba Herbicide is very driving the market over the forecast period.
The Dicamba Herbicide market study is segmented, by Application (Pre-emergence and Post-emergence) and major geographies with country level break-up.
The market of is expected to grow market in Agriculture as well as chemical sector. It has been widely applied in medical, chemical and agriculture is driving the demand for the market. Several companies are operating in the market to provide customers better offer with various features & unique offerings. The market is a highly fragmented market with the presence of several market players and local players. Hence these are key factors driving the market growth over the forecast period
Monsanto (United States), Dow Chemical Company (United States), Syngenta (Switzerland), Bayer Crop Science (Germany), BASF( Germany), Beck’s Hybrids (United States), Croplife (Belgium), Omaha organic fertilizer (United States), Corteva agriscience (United States), Nufarm Ltd (Australia), Marubeni Corporation (Japan) and Others are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Dicamba Herbicide market by Type, Application and Region.
On the basis of geography, the market of Dicamba Herbicide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 24 August 2021 Beck’s Hybrids has purchased Bayer soybean seed production and processing plant in Beaman, Iowa, US. The acquisition strategy whelp farmers and grow the customer base, family of employees, and farmer-dealers remain dedicated to providing exceptional localized service. This new facility will allow Beck Company to maximize efficiency, stay ahead of demand, and deliver products faster in the forecast period.
On 28 October 2020 United States approves the use of Bayer weed killer for five years. hence this decision will boost Bayer which is hammered by lawsuits on various chemicals product in the United States since acquiring seed company Monsanto in 2018
- Growth potential in emerging economies in agriculture post covid
- It controls broadleaf weeds and woody plants by damaging the growth of the plants
- Advancement in farming practices
- It has adverse effects on corn and sorghum not on other crops
- Glyphosate has been identified with carcinogenic characteristics by the International Agency for Research for Cancer treatment
- Raw material cost is very high
- Labor cost is very high
- Less consumption of Dicamba Herbicide due consumer more inclined to organic food
Key Target AudienceSupplier, Trader, Chemical Industry, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Dicamba Herbicide Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.