PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1608723
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1608723
Dicamba Market, By Form, By Application, By Crop Type, By Geography
The global dicamba market is estimated to be valued at USD 720.1 Mn in 2024 and is expected to reach USD 1,210.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | 720.1 Mn |
| Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
| Forecast Period 2024 to 2031 CAGR: | 7.70% | 2031 Value Projection: | 1,210.2 Mn |
The dicamba market has grown significantly over the past decade driven by the need for an affordable and effective herbicide solution for farmers. Dicamba is a benzoic acid herbicide primarily used for broad-leaf weed control in agriculture. It works by simulating plant auxins, disrupting their natural growth and ultimately killing the weed. Some of the key crops dicamba is used on include soybeans, corn, small grains, pastures, and forage grasses. With rising pressure of herbicide-resistant weeds and need for low-cost weed control options, dicamba continues to play an important role in integrated weed management programs.
Market Dynamics:
The growth of the global dicamba market is driven by the rising problem of herbicide-resistant weed infestations across major crop producing regions such as Asia Pacific. The increasing resistance of weeds like pigweed, water hemp, and ragweed to other herbicides is compelling farmers to either use dicamba or tank mix it for effective control. However, volatility issues related to certain dicamba formulations pose safety and regulatory concerns, restricting its adoption. Also, the availability of alternative herbicide options provides competition. Technological advancements focused on reducing volatility without compromising on dicamba's utility present significant opportunities.
Key Features of the Study:
This report provides in-depth analysis of the global dicamba market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global dicamba market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Bayer AG, BASF SE, Corteva Agriosciences, Nufarm Ltd, Albaugh LLC, Alligare, LLC, ADAMA Ltd, Dow, and Syngenta
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global dicamba market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global dicamba market
Market Segmentation
- Form Insights (Revenue, USD Mn, 2019 - 2031)
- Liquid
- Dry
- Application Insights (Revenue, USD Mn, 2019 - 2031)
- Post-Emergence
- Pre-Emergence
- Crop Type Insights (Revenue, USD Mn, 2019 - 2031)
- Cereals and Grains
- Oilseeds and Pulses
- Pastures & Forage Crops
- Others
- Regional Insights (Revenue, USD Mn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Bayer AG
- BASF SE
- Corteva Agriosciences
- Nufarm Ltd
- Albaugh LLC
- Alligare, LLC
- ADAMA Ltd
- Dow
- Syngenta
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Form
- Market Snippet, By Application
- Market Snippet, By Crop Type
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Dicamba Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Dicamba Market - COVID-19
- Impact Analysis
5. Global Dicamba Market, By Form, 2019-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Liquid
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Dry
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
6. Global Dicamba Market, By Application, 2019-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Post-Emergence
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Pre-Emergence
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
7. Global Dicamba Market, By Crop Type, 2019-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Cereals and Grains
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Oilseeds and Pulses
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Pastures & Forage Crops
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
8. Global Dicamba Market, By Region, 2019-2031, (USD Mn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Form, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Crop Type, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Mn)
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Form, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Crop Type, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Form, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Crop Type, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Mn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Form, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Crop Type, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Mn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Form, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Crop Type, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Mn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Form, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Crop Type, 2019- 2031, (USD Mn)
- Market Size and Forecast, By Country/Region, 2019- 2031, (USD Mn)
- South Africa
- North Africa
- Central Africa
9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Bayer AG
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- BASF SE
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Corteva Agriosciences
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Nufarm Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Albaugh LLC
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Alligare, LLC
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- ADAMA Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Dow
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Syngenta
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Bayer AG
10. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. Section
- References
- Research Methodology
- About Us and Sales Contact
