26/07/2024
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Dicamba Market Revenues To Grow At Nearly Of 7.43% From 2024 To 2033

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GlobalDicamba Marketsize was valued at USD 657 Million in 2024 and is expected to reach USD 1235 Million by 2033, at a CAGR of 7.43% during the forecast period 2024 -2033.

Dicamba Market: Overview

Dicamba, a broad-spectrum herbicide, is efficient in combating numerous broadleaf weeds, commonly utilized in agricultural settings to manage weed growth in crops like corn, soybeans, and cotton.

The increasing global adoption of conservation agriculture, featuring practices like no-till and minimum tillage, drives demand for herbicides like Dicamba. As farmers prioritize sustainable farming methods, Dicamba’s efficacy in weed control aligns with conservation principles, supporting soil health and moisture retention.

The surge in Dicamba usage, particularly in soybeans and cotton, underscores its pivotal role in ensuring crop productivity amidst growing weed challenges, reflecting a broader need for effective crop protection measures in modern agriculture.

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By Form, the market classifies formulations into liquid and dry. Liquid forms are favored for foliar applications, ensuring uniform coverage and ease of use, while dry forms, like granules or powders, are convenient for soil application, particularly in pre-emergent treatments or residual weed control, reflecting diverse farmer preferences and agricultural practices.

By Time of Application, The market is categorised into post-emergence and pre-emergence, with post-emergence dominating in 2023 and expected to maintain its lead until 2033.

Post-emergence Dicamba targets actively growing weeds in established crops like soybeans and cotton, while pre-emergence formulations prevent weed seed germination, particularly suited for crops with slower initial growth like corn and cereals, reflecting diverse farmer needs and integrated weed management approaches.

CMI has comprehensively analyzed the Global Dicamba marketThe driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Dicamba industry.

The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.

List of the prominent players in the Dicamba Market:

  • BASF SE
  • Bayer AG
  • Corteva Agriscience
  • Syngenta Group
  • UPL Limited
  • ADAMA Ltd.
  • Nufarm Limited
  • Sumitomo Chemical Co. Ltd.
  • FMC Corporation
  • Jiangsu Yangnong Chemical Group Co. Ltd.
  • Sinochem Group
  • Nanjing Red Sun Co. Ltd.
  • Dow AgroSciences LLC (now part of Corteva Agriscience)
  • Drexel Chemical Company
  • Shandong Weifang Rainbow Chemical Co. Ltd.
  • Zhejiang Xinan Chemical Industrial Group Co. Ltd.
  • Nantong Jiangshan Agrochemical & Chemicals Co. Ltd.
  • Hangzhou Tianlong Biotechnology Co. Ltd.
  • Shandong Binnong Technology Co. Ltd.
  • Rotam CropSciences Ltd.
  • Others

Table of Contents: https://www.custommarketinsights.com/report/dicamba-market/#table-of-contents

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