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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Dicamba Herbicide Market Outlook

The global dicamba herbicide market attained a value of about USD 558.23 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.1% to reach nearly USD 1,034.84 million by 2032.

Global dicamba herbicide Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million 558.23
Market Size 2032 USD Million 1,034.84
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 7.1%
CAGR 2024-2032 - Market by Region Asia Pacific 9.2%
CAGR 2024-2032 - Market by Country India 10.6%
CAGR 2024-2032 - Market by Country Canada 6.7%
CAGR 2024-2032 - Market by Physical Form Liquid 7.8%
CAGR 2024-2032 - Market by Crop Type Cereals and Grains 8.0%
Market Share by Country 2023 Canada 2.2%

North America to Contribute Significant Share in the Dicamba Herbicide Industry

North America is a significant market for dicamba herbicides. This could be attributed to the progress in agricultural practices and technological advancement. In North America, glyphosate has been widely used as an herbicide, but due to the emergence of glyphosate-resistant weeds, the farmers are now inclined to use dicamba, consequently boosting the market growth of dicamba herbicide.

In the forecast period, the Asia Pacific is expected to grow at a healthy pace because of the increasing demand for dicamba herbicides in the region. The availability of cheaper materials in the region is also acting in favour of the market. Due to high tax rebates between 9% to 13%, China is emerging as a major hub for dicamba herbicide export. This has led to an inflow of manufacturers in the dicamba herbicide industry. Dicamba is now available at competitive prices due to an increase in manufacturers as well as tax rebates, thereby boosting the industry.

Global Dicamba Herbicide Market

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Dicamba Herbicide: Market Segmentation

Dicamba Herbicide (3,6-dichloro-2-methoxybenzoic acid) is an herbicide used to control weeds for crop grains and turf areas. Dicamba is a particular herbicide used for post-emergent control of broadleaf weeds in corn, soybeans, and a variety of other food and feed crops. It can also be used to control bush and bracken in pastures and control cacti and legumes formation.

Global Dicamba Herbicide Market by Segment

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The major physical forms of dicamba herbicide is as follow:

  • Liquid 
  • Dry 

The market can be broadly categorised on the basis of its formulation into:

  • Salt
  • Acid

The market can be divided on the basis of its crop type into:

  • Cereals and Grains
  • Oilseeds and Pulses
  • Pastures and Forage Crops

The EMR report looks into the regional markets of dicamba herbicide like North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

CAGR 2024-2032 - Market by Country
India 10.6%
Canada 6.7%
UK 6.5%
Australia 6.3%
France 5.0%
USA XX%
Germany XX%
Italy 4.4%
China XX%
Japan XX%
Saudi Arabia XX%

Global Dicamba Herbicide Market by Region

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Growing Awareness About Crop Protection to Boost the Dicamba Herbicide Industry

With the increasing population across the world, demand for food is rising, and it is the need of the hour to reduce food waste. Using dicamba leads to maximisation of crop yield and minimisation of crop loss. The increasing need for food security and safety, along with the growing awareness about crop protection, is benefiting the market for dicamba herbicide globally. With agricultural land converting into construction land, the area under crop production is reducing. To meet the food needs of the increasing population and in light of the decreasing land, farmers are using more crop protection chemicals, including herbicides, to increase the crop yield per hectare. Further, organic farming is gaining momentum in the agriculture industry. Moreover, growing awareness among people about the adverse effects of pesticides and stringent rules and regulations are expected to boost the market growth of dicamba herbicide.

Key Industry Players in the Global Dicamba Herbicide Market

The report presents a detailed analysis of the following key players in the global dicamba herbicide market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Bayer Cropscience AG
  • Syngenta AG
  • Nufarm Limited
  • BASF SE
  • Helena Agri-Enterprises, LLC
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Physical Form
  • Formulation
  • Crop Type
  • Region
Breakup by Physical Form
  • Liquid
  • Dry
Breakup by Formulation
  • Salt
  • Acid
Breakup by Crop Type
  • Cereals and Grains
  • Oilseeds and Pulses
  • Pastures and Forage Crops
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Bayer Cropscience AG
  • Syngenta AG
  • Nufarm Limited
  • BASF SE
  • Helena Agri-Enterprises, LLC
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market attained a value of approximately USD 558.23 million.

The market is projected to grow at a CAGR of 7.1% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1,034.84 million by 2032.     

The market is being driven by the rising replacement of glyphosate with dicamba herbicide, increasing population, and the growing demand for enhanced agricultural practices.

The key trends of the market include the willingness of farmers to spend more on higher farm productivity and the increasing technological advancements in the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Liquid and dry are the leading physical forms of dicamba herbicide in the market.

The major formulations of dicamba herbicide are salt and acid.

Cereals and grains, oilseeds and pulses, and pastures and forage crops, are the different crop types in the market.

The key players in the global dicamba herbicide market are Bayer Cropscience AG, Syngenta AG, Nufarm Limited, BASF SE, and Helena Agri-Enterprises, LLC, among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124