English 
Chinese
搜索
Advertise 0 Chinese Site
Apr
2024

A Deep exploration into Regulatory Analysis, Join upcoming <2024 CROs & CRAOs Manual>Magazine

Registration Strategies | Market Access| New Applications | New Frontiers
Mar
2024

Join 2024 Formulation & Adjuvant Technology Magazine to Show Your Insights and Innovation SolutionsMagazine

Adjuvant｜Formulation｜Biological｜Seed Treatment｜ UAV CP｜Delivery technologies ｜ Microencapsulation｜Microplastics-free solutions｜ Nanotechnology｜AI
Mar
2024

BioEx 2024 successfully held: Biological innovation leading the way towards sustainable agricultureEvent

Biopesticides | Biostimulants | Biofertilizers | Summit | Exhibition
    Upload|Download|Tailor-made
    Crop Protection Herbicide Global

    Dicamba Market: Europe to Remain Market Leader Through 2020: Global Industry Analysis and Opportunity Assessment, 2016-2020

    Jan. 19 2017   Pages: 108   Language: English   Price: $5000

    Favorites   Comment
    Forward

    Future Market Insights

    • Summary
    • Table of contents
      The primary objective of the report is to offer updates and in-depth analysis of market opportunities in the global market for dicamba. This report provides market dynamics and trends that are likely to influence the current nature and future status of the global market, directly or indirectly over the mentioned forecast period.

      Report Description
      The report analyses the global dicamba market in terms of value and volume. The primary objective of the report is to offer updates on developments in the global dicamba market and conduct a quantitative as well as qualitative assessment of the market across various application-based segments and regional market segments. To understand and assess key market trends and attractive growth opportunities, the report is categorically split into different sections such as market introduction and overview, market analysis scenario, market dynamics, analysis and forecast by application, and by region. Each section discusses the qualitative and quantitative aspects of the global dicamba market. To offer a brief idea about revenue opportunities from various applications and geographies, the report also provides absolute $ opportunity and total incremental opportunity for each segment and region over the forecast period.

      The report begins with market introduction and provides market definition followed by a market analysis scenario. This section offers an extensive pricing analysis, supply chain overview, and cost structure analysis. The market dynamics section provides analysis of the drivers, restraints, and key trends influencing the global dicamba market. For market data analysis, the report considers 2015 as the base year, with market numbers estimated for 2016 and a comprehensive forecast made for 2017–2020.

      The final section of the global dicamba market report provides in-depth profiles of key industry players in order to evaluate their long-term and short-term business strategies and recent developments. This section of the report also includes market share analysis of tier-1, tier-2, and tier-3 manufacturers and a dashboard view of key companies operating in the global dicamba market. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the global dicamba market.

      Research Methodology

      We have leveraged extensive secondary research to ascertain overall market size and top industry players. To calculate market size, we have considered the average price of dicamba herbicide across geographies. The forecast assesses the total revenue as well as consumption of the global dicamba market. When developing the market forecast, we have started by sizing the current market, which forms the basis for forecasting how the market is anticipated to take shape in near future. Given the characteristics of the market, we have triangulated the outcome on the basis of supply and demand side analysis and dynamics of the various regional markets. The report also takes into consideration year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the global dicamba market.

      Further, the different market segments have been analysed in terms of Basis Point Share (BPS) to understand individual segments’ relative contribution to market growth. This detailed level of information is important for the identification of various key trends governing the global dicamba market. Another key feature of our report is the analysis of the global dicamba market revenue forecast in terms of absolute dollar opportunity, critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global dicamba market. Further, to understand key segments in terms of growth and performance in the global dicamba market, FMI has developed a market attractiveness index to help providers identify existing market opportunities across the global dicamba market.

      Swelling Awareness about Crop Protection Remains Primary to Drive Demand

      Increasing need for food security and safety, coupled with growing awareness about crop protection will benefit the market for dicamba globally. With burgeoning population across the world, the demand for food is constantly on the rise and the need for minimal food wastage is repeatedly highlighted. As dicamba supports maximum crop yield with minimised crop loss, this will continue to be the key driver to dicamba herbicide market. In addition, attributed to higher tax rebates, exports from China are consistently increasing, which will continue to favour the market growth in near future.

      Growing Adoption to Replace or Complement Glyphosate Continues to Drive Market

      Dicamba herbicide is rapidly replacing glyphosate. In some regions, agricultural practices involve the usage of dicamba and glyphosate in combination. This will remain a major factor bolstering the demand for dicamba herbicide over the forecast period. Moreover, rapid adoption of IMP (integrated pest management) will spur the demand for dicamba-based herbicides during the forecast period.

      EPA Approval for Non-volatile Dicamba Will Spur the Demand and Application

      Recently, in November 2016, the U.S. Environmental Protection Act (EPA) approved over-the-top usage of Monsanto’s non-volatile dicamba-based herbicide. This will certainly create a wide range of growth opportunities for established as well as newly entering players in the global dicamba market. Manufacturers can capitalise on an opportunity to formulate several types and forms of dicamba to deal with different types of crops and weeds. Emerging applications of dicamba in the destruction of multiple weed types to address the growth of a plethora of crops, will fuel the market over the forecast period.

      Challenges May Persist despite EPA’s Approval to Dicamba-based Herbicide

      Volatility of dicamba has been found to be the key cause for drift damage, which may continue to be a key restraint to mass adoption of dicamba over the next few years. Stringent regulatory approvals will also remain a major factor hampering the growth of dicamba market over the forecast period. Moreover, dicamba can reportedly cause a variety of illnesses and allergic reactions in humans if injested, inhaled, or adsorbed. This may remain a major limiting factor detaining the penetration of dicamba herbicide in emerging economies.

      Agriculture Remains the Largest Application Segment with over 85% Market Share

      Based on application, the global dicamba market is categorised into three key segments viz. agriculture, lawn and turf, and others, including forests, gardens and plants, and other non-commercial applications. Among the three, agriculture segment is anticipated to continue dominance in terms of consumption, reaching a value of over US$ 391 Mn in 2020. This growth is primarily attributed to growing preference for dicamba over conventional herbicides. Agriculture segment is predicted to account for over 85% by 2020, expanding at a CAGR of 8.1%. Whereas, lawn and turf segment will also witness a promising CAGR of 7.0% over 2016-2020.

      North America Outpaces Europe by 2020 due to Higher Market Penetration by Leading Herbicide Manufacturers

      The global market for dicamba is regionally classified as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Europe is anticipated to continue the leading market position globally, reaching the revenues worth US$ 120.6 Mn by the end of the forecast period. North America, owing to rising investments in dicamba R&D and rapidly advancing agricultural practices, will remain the second largest market. However, this region is expected to witness a the highest CAGR of 8.5%, accounting for over 23% market share by 2020 end, in terms of revenues. Europe’s Y-o-Y growth in 2017 over 2016 is estimated at 7.7%, whereas that of North America in 2017 over 2016 is projected to be of 9.2%.

      Two of the Market Leaders Sign the Dicamba Supply Agreement for North America

      Some of the key players operating in the global dicamba market are BASF SE, Monsanto Co., E I du Pont de Nemours & Company, Bayer AG, The Dow Chemical Company, Syngenta AG, and Nufarm Limited. Two of the leading U.S.-based companies manufacturing agrochemicals and supplying seeds - Monsanto Co. and DuPont, recently announced a supply agreement that will continue for the next few years, especially for dicamba sales across the U.S. and Canada.

    You might also like

    Upload my report

    Total 2,215 documents

    Region All

    China(208) Germany(5) India(78) Japan(15) Russia(10) Thailand(11) United States(74) Asia(283) Europe(109) North America(79) Association of Southeast Asian Nations(32) Global(1150)

    Industry All

    Agriculture(333) Adjuvant(28) Acaricide(9) Agricultural Dye & Pigment(8) Biofertilizer(44) Biostimulant(25) Biocontrol(32) Biocontrol(32) Biopesticide(128) Biocide(14) Crop Protection(156) Formulation(28)
    All Category

    Hot Reports More

    Download