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 belonging to the chlorophenoxy family of chemicals. It is synthesized in form of several acids or salt formulations. Its properties vary with different formulations in the environment. It is commonly used across a number of areas such as agriculture, residential areas, and other sites. It is effectively used to remove and kill unwanted weeds growing in the vicinity, and the vicinity of farm fields. In agriculture, unwanted weed grasses can result in poor productivity. According to several studies, the loss due to weeds exceeded losses from any agricultural pests. In fact, in low cater conditions, through moisture competition alone the weeds can lower the crop productivity by over 50%.

United States Dicamba Market Overview

Dicamba based products are increasingly used as effective weed management strategies in the U.S. Dicamba chemically is highly volatile, with relatively high vapor pressure. Its physical form includes a liquid and dry form. The formulations of dicamba can be used with other herbicides and additives for varying results and depending on the acreage, acidic properties of soil and overall topography. The rising use of dicamba-resistant crops is expected to mainly drive the dicamba market over the forecast period. In 2017, Monsanto introduced dicamba-resistant soybean crops. Along with the EPA’s regulatory support, the demand for the dicamba observed a continued growth in recent years. Its effectiveness against the glyphosate-resistant weed species acts as a primary driver for the growth of the overall market. The main concern that the newer method of spraying dicamba over the newer dicamba-resistant crops presents the dangers of repeating the 2017 crop failure, which may restrain the growth of the dicamba market over the forecast period.

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

To Get Summarized Market Report By Time of Application-

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

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.• Provision of market value (USD Billion) data for each segment and sub-segment.• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.• Provides insight into the market through Value Chain.• Market dynamics scenario, along with growth opportunities of the market in the years to come.• 6-month post-sales analyst support.

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