United States Dicamba Market Size By Time of Application (Post Emergence and Pre-Emergence), By Physical Form (Dry and Liquid), By Formulation (Salt and Acid), Crop Type (Cereals & Grain, Pastures & Forage Crops, and Oilseeds & Pulses), And Forecast

United States Dicamba Market Size And Forecast

United States Dicamba Market size was valued at USD 124.13 Million in 2019 and is projected to reach USD 141.41 Million by 2027, growing at a CAGR of 2.95% from 2020 to 2027.

The rising use of dicamba-resistant crops is expected to mainly drive the dicamba market over the forecast period. Its effectiveness against the glyphosate-resistant weed species also acts as a primary driver for the growth of the overall market. The United States report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

United States Dicamba Market Definition

Dicamba is an herbicide, part of the chlorophenoxy family – think of it like a cousin to some other weed killers. It's made in a few different ways, as either acids or salt formulations, and how it acts depends on which form it's in. You'll find it used all over the placeon farms, around homes, and in other areas where folks need to get rid of unwanted plants. It's really good at zapping those pesky weeds that pop up where they shouldn't, especially near crops. On farms, those weed grasses can seriously mess with how much you can grow. Some studies even say that weeds cause more damage than all those creepy crawly agricultural pests! Seriously, even if water is scarce, weeds can steal so much moisture that they can slash crop yields by more than 50%.

United States Dicamba Market Overview

These days, more and more farmers in the U.S. are turning to products containing dicamba to knock out those pesky weeds. Dicamba, being chemically volatile with a fairly high vapor pressure, comes in both liquid and dry forms. You can mix it with other herbicides and additives to get different results, depending on things like how much land you're working with, how acidic your soil is, and the lay of the land. What's really fueling the dicamba market is the growing popularity of crops that can resist it. Back in 2017, Monsanto rolled out dicamba-resistant soybeans, and with the EPA giving it the thumbs up, we've seen dicamba use climb steadily. The fact that it works well against weeds that shrug off glyphosate is a big plus. However, there's a worry that spraying dicamba on these new resistant crops could lead to a repeat of the 2017 crop failures, and that could put a damper on the dicamba market in the long run. The previous crop failures involved a great deal of investigation and ultimately litigation that some farmers found challenging to engage with. You can read about the EPA's involvement and findings here.

United States Dicamba MarketSegmentation Analysis

The United States Dicamba Market is segmented on the basis of Time of Application, Physical Form, Formulation, and Crop Type.

United States Dicamba Market, By Time of Application

•  Post Emergence
•  Pre-Emergence

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Based on Time of Application, the market is bifurcated into Post Emergence and Pre-Emergence. Post Emergence accounted for the largest market share in 2019 and is projected to grow at the highest CAGR during the forecast period. There is a rise in demand for post-emergent dicamba due to emergence of glyphosate-resistant weeds has prompted farmers to opt for alternative herbicides such as dicamba. Application of dicamba-based herbicides such as Clarity, DiFlexx, DiFlexx DUO, and Status, has increased in corn in recent years primarily for control of glyphosate-resistant and hard-to-control broadleaf weeds such as common waterhemp, Palmer amaranth, and marestail.

United States Dicamba Market, By Physical Form

•  Dry
•  Liquid

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On the basis of Physical Form, the United States Dicamba Market has been segmented into Dry and Liquid. Liquid accounted for the largest market share in 2019 and is expected to grow at the highest CAGR. Liquid form of dicamba and Herbicidal ionic liquids (HILs) were introduced to overcome such drawbacks and proved to be more effective in terms of controlling weeds compared to currently applied commercial preparations. This corresponds to a reduced risk of unintended contamination due to airborne transport.

United States Dicamba Market, By Formulation

•  Salt
•  Acid

On the basis of Formulation, the United States Dicamba Market has been segmented into Salt and Acid. Salt accounted for the largest market share in 2019. Dicamba is a weak acid that is formulated as a salt. For transgenic crops resistant to dicamba, new formulations with reduced volatility have been developed. Many types of research have shown significant reductions in volatility for dicamba diglycolamine salt (DGA) when compared to dimethylamine (DMA) salt and due to which there is the substantial growth of dicamba salt in the US market when capered to acidic dicamba.

United States Dicamba Market, By Crop Type

•  Cereals & Grain
•  Pastures & Forage Crops
•  Oilseeds & Pulses

On the basis of Crop Type, the United States Dicamba Market has been segmented into Cereals & Grain, Pastures & Forage Crops, and Oilseeds & Pulses. Cereals & Grains accounted for the largest market share in 2019. Weed control in small grains and cereals is very important. Dicamba herbicide has been used for a long time to control broadleaf weeds in winter cereals and in pastures in several countries around the globe.

Key Players

The “United States Dicamba Market” study report will provide a valuable insight with an emphasis on the market including some of the major players such as BASF SE, Bayer AG, Syngenta AG, Syngenta AG, Helena Chemical Company, The Andersons, Inc., Nufarm Limited., Albaugh, Inc, Alligare, LLC and Corteva Agriscience.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

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Reasons to Purchase this Report

We dig deep into the market using both qualitative and quantitative methods, segmenting it by economic and non-economic elements. We'll give you the market value (in USD Billion) for every segment and sub-segment. You'll see which region and segment is predicted to grow the fastest and lead the pack. We also break down the product/service consumption by geography, pointing out the factors shaping the market in each region. Our competitive landscape assessment includes market rankings of the big players, highlighting their new service/product launches, partnerships, business expansions, and acquisitions over the last five years. Expect detailed company profiles covering company overviews, insights, product benchmarking, and SWOT analysis for the major market players. Get a glimpse into the current and future market outlook considering recent happenings, including growth opportunities, drivers, challenges, and restraints in both emerging and developed regions. We provide an in-depth market analysis from various angles, including Porter's five forces. We also offer a Value Chain perspective, along with market dynamics scenarios and future growth opportunities. Plus, you get 6 months of post-sales analyst support!

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