Overview
Dicamba Market is forecast to reach
$609.6 million by 2025, after growing at a CAGR of 7.5% during 2020-2025, due
to the increasing need for safe food and growing awareness of crop protection. Furthermore,
the global population growth has triggered dicamba demand to increase maximum
crop yield coupled with high export tax rebates. In addition, dicamba herbicide
is seen as an alternative to glyphosate, which is expected to drive the demand
over the forecast period.The report covers Dicamba Market size by crop type and formulation, Dicamba Market share by top 5 companies and also the market share by start-ups during the forecast period.
Report Coverage
The report: “Dicamba Market– Forecast (2020-2025)”, by IndustryARC, covers an
in-depth analysis of the following segments of the Dicamba Market.
Key Takeaways
·
Increasing
use of dicamba leads to growing concerns about drift damage caused by blanket
spraying and vaporization of dicamba post-treated area.
·
In
the coming years, R&D and advanced agricultural technologies are expected
to increase competition for the dicamba market.
·
Global
demand for dicamba herbicides is expected to drive the Asia-Pacific market in
the agricultural application coupled with its export, especially from China.
Physical Form - Segment
Analysis
Liquid dicamba herbicide holds the largest share in the global
market for dicamba in 2018, due to an increase in spray hoses, air sprayers and
aerosol sprays in agricultural processes. Liquid formulations are easy to mix, apply
and measure with hose end sprayers or compressed air sprayers.
Crop Type - Segment
Analysis
Cereals & grains, oilseeds & pulses pastures
& forage crops and others, including sugarcane, tea, coffee, fruits and
vegetables, are the main types of crops for which dicamba herbicides are used. The
segment of oilseeds & pulses is expected to be the fastest growing industry
during the forecast period. The cereals & grains segment holds the largest
share in the global dicamba market in 2018. The need for dicamba herbicides is
driven by rising demand for cereals & grains and high crop loss due to
hazardous herbs and weeds.
Geography - Segment Analysis
North America holds the largest share in the global
dicamba market in 2018 up to 29%. Glyphosate is commonly used as an herbicide
in North America. However, the emergence of glyphosate-resistant weeds has
propelled the farmers to adopt dicamba as an alternative herbicide. In
addition, the International Agency for Research on Cancer has identified
glyphosate with carcinogenic characteristics. This, in turn, has triggered
the demand for dicamba herbicide in the region.
Drivers – Dicamba Market
• Reduction in arable land and an increase in food demand.
With construction increasing on agricultural lands, the
area under crop cultivation is declining. The decrease in arable land is
expected to be met by increasing crop yield and production. To satisfy the food
needs of the growing population, farmers are using more crop protection
chemicals including herbicides, to increase corresponding crop yields per
hectare. The use of dicamba herbicides globally as a pre-emergence herbicide in
agriculture is significantly increased due to its ability to suppress the
growth of perennial weeds in cropland.
Challenges – Dicamba
Market
·
awaiting regulatory consents
Pending regulatory approvals are slowing market growth
for new dicamba formulations. For instance, Monsanto and BASF have developed
new dicamba mixtures Mon 1661 and Engenia respectively, which can be used on
dicamba resistant soybean and cotton that are awaiting EPA approval.
Market Landscape
Technology launches, acquisitions
and R&D activities are key strategies adopted by players in the Dicamba
Market. In 2019, the market of Dicamba has been consolidated by the top five players
accounting for xx% of the share. Major players in the Dicamba Market are BASF
SE, Bayer Crop Science, E.I. Du Pont Nemours Company, Dow Chemicals Company,
Syngenta AG, Nufram Limited, Aero Agro Chemicals Industries Ltd, SinoHarvest,
Albaugh, LLC, and Shanghai Bosman Industrial Co, Ltd., among others.
1.1 Definitions and Scope
2. Dicamba Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Dicamba Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Dicamba Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Dicamba Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Dicamba Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Dicamba Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Dicamba Market - By Product Type (Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
9. Dicamba Market - By Type (Market Size -$Million / $Billion)
10. Dicamba - By Application (Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1 Lawn Turf
11. Dicamba- By Geography (Market Size -$Million / $Billion)
11.1 Dicamba Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Dicamba- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Dicamba- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Dicamba - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Dicamba - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Dicamba Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Dicamba Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Dicamba Market - Key Company List by Country Premium
15. Dicamba Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.10 Company 9 & More
16.1 Abbreviations
16.2 Sources
17. Dicamba Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends