Dicamba Market - Size, Share, Trend, Analysis, to 2021

Dicamba Market - Agriculture Segment to Witness Highest Growth by 2021

Persistence Market Research

Global Dicamba Market Revenue Expected

to Reach US$ 457.3 Mn by 2021 Persistence Market Research

Persistence Market Research

1

Dicamba Market - Agriculture Segment to Witness Highest Growth by 2021

Persistence Market Research Released New Market Report “Global Market Study on Dicamba

Market: Agriculture Segment to Witness Highest Growth by 2021 ”, the global

market for dicamba is estimated to reach value of US$ 289.5 Mn by 2015 end, and is

expected to expand at a CAGR of 7.9% from 2015 to 2021, to reach a market value of US$

457.3 Mn by 2021.

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Dicamba is a benzoic acid herbicide that is applied to soil, plants or leaves. Dicamba is primarily

applied to inhibit and restrict the growth of broadleaf weeds and woody plants. Dicamba is absorbed

by weeds through the leaf and roots, with short soil residual. Dicamba is used in applications such

as agriculture, lawn & turf, and others (forests, gardens, and plants, and other non-commercial

applications). It is used on crops such as wheat, rice, sorghum, sugarcane, and others.

Rising awareness about crop protection and increasing exports of dicamba from China due to higher

tax rebates are expected to emerge as major factors driving the growth of the global dicamba market

during the forecast period. Besides decreasing arable land and dicamba replacing glyphosate to

some extent, dicamba being used in combination with glyphosate for agricultural applications is

another factor expected to fuel the growth of the global market during the forecast period. However,

pending regulatory approvals and dicamba causing drift damage is likely to impede the growth of the

global dicamba market during the forecast period. Revenue from the global dicamba market is

expected to increase from US$ 289.5 Mn over 2015 to US$ 457.3 Mn by 2021, expanding at a

CAGR of...