Overview

The Dicamba Herbicide Market is estimated to grow at a CAGR of 6.1% during the forecast period 2024-2031

Dicamba is a benzoic acid compound utilized as a selective herbicide in various weed management practices globally. Since its initial registration as an herbicide in 1967, dicamba has been widely employed in agriculture to manage the growth of perennial weeds in crops such as cotton, soybeans, wheat, and others. It serves as an active ingredient in numerous weed control products designed to eliminate weeds in croplands, lawns, and along roadways.

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Market Growth Trends

The development of dicamba-tolerant crops is a significant driver of market growth. In 2017, Monsanto introduced Roundup Ready Xtend, a genetically modified soybean variety resistant to dicamba. Now part of Bayer AG, the company plans to launch XtendFlex soybean technology, which will be tolerant to dicamba, glyphosate, and glufosinate.

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Market is Segmented

By Type:  Acid Formulation, Salt Formulation

By Form:  Granular, Liquid

By Crop Type:  Fruits & Vegetables, Cereals, Grains, Oil Seeds

By Region:  North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players

·         Gharda Chemicals Ltd.

·         Alligare, LLC

·         SinoHarvest

·         Royal Fertichem Pvt. Ltd.

·         Shanghai Pro First Co., Ltd.

Related Reports

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Herbicide Market

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