Dicamba Herbicide Market Analysis Europe, APAC, North America, South America, Middle East and Africa - US, China, Belgium, UK, Austria - Size and Forecast 2024-2028

Dicamba Herbicide Market Size 2024-2028 

The dicamba herbicide market size is forecast to increase by USD 123.2 million, at a CAGR of 4.83% between 2023 and 2028. The market is experiencing significant growth due to the increasing use of this herbicide to control weed implications in various crops, particularly soybeans and cotton. Dicamba's effectiveness in managing resistant weeds has led to its widespread adoption, especially in the United States. Additionally, incentives and rewards offered to farmers for using dicamba have further boosted market growth. However, the market faces challenges, including regulatory issues and the imposition of bans in certain regions. In the US, for instance, the Environmental Protection Agency (EPA) imposed restrictions on the use of dicamba due to concerns over its potential off-target effects on non-target crops. These challenges are expected to impact market growth in the coming years, necessitating the development of more targeted and effective herbicide mode of action solutions.

What will be the Size of the Market During the Forecast Period?

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Market Dynamic and Customer Landscape

The market is driven by various factors, including the need for effective weed management in crops such as winter wheat fields. Pre-emergence herbicides, including Dicamba, play a crucial role in controlling weeds before they emerge. However, climatic conditions can impact the efficacy of these herbicides. Herbicide drift, a significant concern in the market, can lead to damage to non-target crops, especially those with herbicide-tolerant genes like Xtend soybeans. Resistance of weeds to herbicides, including Dicamba, is another major challenge in the market. Crop protection chemicals like Dicamba are essential for controlling weeds, but their carcinogenic characteristics raise concerns. Benzoic acid, a common component of Dicamba, is under scrutiny due to its potential health risks. Epidemiological studies have linked exposure to Dicamba to lung cancer, colon cancer, prostate cancer, and hypothyroidism. Weed management strategies, including the use of ethylene and abscisic acid, are being explored to mitigate the risks associated with herbicide use. Rat studies have also been conducted to understand the impact of Dicamba on animal health. Supercritical Fluid Extraction is a promising technology for the production of Dicamba, as it reduces the use of solvents and improves the extraction efficiency. The market for Dicamba herbicides is expected to grow due to the increasing demand for effective weed management solutions. Glyphosate, a widely used herbicide, is facing resistance, making Dicamba an attractive alternative for farmers.

Key Market Driver

Increasing use of dicamba to control the implications of weed is notably driving market growth. Weeds pose significant challenges to agricultural productivity by competing with crops for essential resources such as space, light, water, and nutrients, leading to reduced yields. Furthermore, weeds can obstruct drainage pipes and insulate the soil surface, increasing the risk of frost damage. Additionally, weeds can serve as hosts for diseases and pests, exacerbating agricultural issues. To mitigate these problems, farmers employ various strategies, including minimum tillage, mulching, crop rotation, and intercropping.

However, one of the most effective methods is the use of herbicides. The production of herbicides, specifically Dicamba, involves the utilization of raw materials such as chloracetamide and 3,6-dichloro-o-anisic acid. The herbicide is typically applied through methods such as blanket spray, which involves covering the entire area of land with the herbicide. In underdeveloped economies, where labor costs are low, manual application through vaporization is also common. Despite its effectiveness, the use of Dicamba herbicide must be done carefully to avoid harming non-target plants and to minimize the development of herbicide-resistant weeds. Thus, such factors are driving the growth of the market during the forecast period.

Key Market Trends

Incentives and rewards offered to farmers for using dicamba is the key trend in the market. The global dicamba herbicide market has experienced significant changes due to regulatory restrictions on its use, particularly in underdeveloped economies. Vendor innovations, such as Monsanto's XtendiMax with VaporGrip technology, have provided farmers in developed markets, like the US, with an alternative solution for their soybean crops. XtendiMax's vapor-resistant technology ensures the security of the application, preventing the herbicide from drifting and damaging neighboring crops.

Further, the product is priced at approximately USD11 per acre, with farmers receiving a cashback offer of USD1.50 per acre the following year when used in conjunction with authorized chemicals. This incentive encourages farmers to adopt the blanket spray method, ensuring optimal crop yield while minimizing potential harm to non-target plants. Thus, such trends will shape the growth of the market during the forecast period.

Major Market Challenge.

Imposition of ban on dicamba in the US is the major challenge that affects the growth of the market. Dicamba herbicide is primarily utilized as a pre-plant treatment with a delayed planting schedule to minimize crop damage, as it effectively controls a broad spectrum of weed species compared to most other auxinic herbicides. However, its use has been subject to controversy. In June 2020, the US Court of Appeals for the Ninth Circuit revoked the federal permit for Bayer AG, a German agrochemicals company, to sell its dicamba herbicide due to concerns over potential harm to neighboring crops, such as modified cotton and soybeans.

In response, the Environmental Protection Agency (EPA) reached an accord with manufacturers to implement preventive measures to mitigate the risk of damage. Subsequently, in late 2020, the EPA issued a final cancellation order for three pesticide products, namely Xtendimax with Vaporgrip Technology, Engenia, and FeXapan, all containing dicamba as the active ingredient, under the Federal Insecticide, Fungicide, and Rodenticide Act. Hence, the above factors will impede the growth of the market during the forecast period

Exclusive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market forecast report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Aero Agro Chemical Industries Ltd.: The company offers dicamba herbicide such as 2 4D.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Albaugh LLC
• BASF SE
• Bayer AG
• Drexel Chemical Co.
• DuPont de Nemours Inc.
• Gharda Chemicals Ltd.
• Helena Agri Enterprises LLC
• Marubeni Corp.
• Nufarm Ltd.
• PBI Gordon Co. Inc.
• Shanghai Bosman Industrial Co. Ltd.
• Sharda Cropchem Ltd.
• Sinochem Group Co. Ltd.
• Syngenta Crop Protection AG
• Tagros Chemicals India Pvt. Ltd.
• The Andersons Inc.
• UPL Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

By Application 

The agriculture segment is estimated to witness significant growth during the forecast period. The Dicamba herbicide market is significantly influenced by various factors, including climatic conditions, resistance of weeds, and herbicide drift. Pre-emergence herbicides, such as Dicamba, play a crucial role in crop protection against weeds. However, the use of Dicamba and other herbicide drift-prone chemicals has raised concerns due to their potential side-effects on human health and the environment. Climatic conditions, particularly high temperatures and wind, can exacerbate herbicide drift, leading to unintended damage to non-target crops. Resistance of weeds to herbicides, including glyphosate, has led to an increased reliance on alternative herbicides like Dicamba. Despite their benefits, herbicides like Dicamba carry carcinogenic characteristics.

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The agriculture segment accounted for USD 339.90 million in 2018. Herbicide-tolerant crops, such as Xtend soybeans, have been developed to address herbicide resistance and improve weed management. These crops utilize specific genes, such as those involved in ethylene and abscisic acid metabolism, to enhance their tolerance to herbicides. However, the long-term effects of these chemicals on human health and the environment remain a concern. Agrochemicals, including herbicides, are essential for modern agriculture, but their use comes with risks. Precision farming and protected agriculture practices can help minimize the negative impacts of herbicides on human health and the environment. Organic food production offers an alternative, but it may not be feasible for all farmers due to the higher production costs and lower yields. In conclusion, the Dicamba herbicide market is driven by the need for effective weed management, but it also poses risks to human health and the environment. Climatic conditions, resistance of weeds, and herbicide drift are key factors influencing the market. The development of herbicide-tolerant crops offers a potential solution, but it also raises new concerns. The use of agrochemicals, including herbicides, must be carefully managed to minimize their negative impacts on human health and the environment.

Regional Analysis

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APAC is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The Dicamba herbicide market is influenced by several factors, including climatic conditions, resistance of weeds, and herbicide drift. Pre-emergence herbicides, such as Dicamba, play a crucial role in crop protection against weeds. However, their use comes with potential side-effects, including herbicide resistance and drift, which can harm neighboring crops. The development of herbicide-tolerant crops, such as Xtend soybeans, through the use of genes like those responsible for ethylene and abscisic acid production, aims to mitigate these issues. Despite their benefits, herbicides like Dicamba have raised concerns due to their carcinogenic characteristics.

Further, benzoic acid, a common ingredient in herbicides, has been linked to chronic kidney disease through uremic toxin accumulation and tryptophan metabolism disruption. Long-term exposure to herbicides has been linked to various health issues, including lung cancer, colon cancer, prostate cancer, and hypothyroidism. Moreover, herbicides can have neurotoxic and mammalian cell effects, as shown in studies using mouse and rat models. Breathing problems, skin rashes, and dizziness are among the reported side-effects. In the context of agrochemicals, precision farming and protected agriculture have emerged as potential solutions to minimize the use and impact of herbicides. Organic food production offers an alternative to herbicides, but it faces challenges in weed management. Overall, the Dicamba herbicide market's growth must balance agricultural needs with health and environmental concerns.

Segment Overview

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• Application Outlook
  • Agriculture
  • Lawn and turf
  • Others
• Region Outlook 
  • APAC
    • China
    • India
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

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Market Analyst Overview

The market is witnessing significant growth due to the increasing demand for effective weed management solutions in various crops like maize and soybeans. However, this market faces several challenges such as the impact of climatic conditions, herbicide drift, and resistance of weeds. Pre-emergence herbicides, including Dicamba, are widely used in crop protection chemicals to control weeds. However, their use is influenced by various factors like climatic conditions that can affect their efficacy. For instance, extreme temperatures can impact the herbicide's activity, leading to reduced weed control. Herbicide drift is another major challenge in the Dicamba herbicide market. This issue arises when the herbicide moves from the target site to non-target areas, affecting crops and causing damage. Resistance of weeds to herbicides, including Dicamba, is also a significant concern, necessitating the development of herbicide-tolerant crops.

Despite these challenges, the demand for Dicamba herbicides remains high due to their effectiveness against various weeds. However, concerns regarding their carcinogenic characteristics and potential side effects, such as breathing problems, skin rashes, and dizziness, are increasing. The development of herbicide-tolerant crops like Xtend soybeans, which are resistant to Dicamba, is expected to address some of these concerns. The agrochemicals industry is adopting precision farming and protected agriculture to minimize the impact of climatic conditions and herbicide drift. Organic food production is also gaining popularity, which may limit the demand for herbicides like Dicamba. In conclusion, the Dicamba herbicide market faces several challenges, including climatic conditions, herbicide drift, and resistance of weeds.

However, the demand for effective weed management solutions and the development of herbicide-tolerant crops are expected to drive market growth. It is essential to continue researching and developing new formulations and application techniques to minimize the side effects and ensure sustainable agriculture. Keywords: Dicamba herbicide, climatic conditions, herbicide drift, resistance of weeds, crop protection chemicals, glyphosate, carcinogenic characteristics, benzoic acid, Xtend soybeans, genes, ethylene, abscisic acid, herbicide, mammalian cells, kidney tissue, uremic toxin, tryptophan metabolism, chronic kidney disease, carcinogenic, neurotoxic, mouse, maize, soybeans, rat, lung cancer, colon cancer, prostate cancer, hypothyroidism, herbicide-tolerant crops, herbicide resistance, weed management, winter wheat fields, agrochemicals, precision farming, protected agriculture, organic food, side-effects, breathing problems, skin rashes, dizziness.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market  and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
• Growth of the market across Europe, APAC, North America, South America, and Middle East and Africa
• Thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies