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(MoneyNewsWire.Net, November 28, 2017 ) Weeds are one of the major hurdles faced by farmers. They grow quickly denying nutrients to their surrounding crop plants. Dicamba Herbicides are used to kill or control several types of weeds in grass crops. It kills weeds by enhancing their growth rate and they die due to the lack of nutrients to support their growth. Dicamba is very effective against broadleaf weeds in crops, industrial and non-crop areas.
North America Dicamba Herbicide Market: Drivers & Restraints
Due to the release of dicamba resistant GM plants, demand for dicamba herbicide has soared. High usage rate of herbicides due to the increasing weed problems, need to increase the fod production to meet the increasing food demand and efficacy of dicamba against several types of weeds are driving the market growth. However, increasing resistance of weeds towards dicamba, harmful effects to agricultural crop plants and environmental concerns are hindering the market growth.
North America Dicamba Herbicide Market: Segmentation
By Crop Type
• Cereals & Grains
• Oilseeds & Pulses
• Pastures & Forage
By Formulation
• Acid
• Salt
By Physical Form
• Dry
• Liquid
By Time of Application
• Pre-Emergence
• Post-Emergence
By Geography
• North America
o United States
o Canada
North America Dicamba Herbicide Market: Overview
Based on crop type, cereals and grains hold the largest market share. It is very effective against rose weeds which grow in grain crops. Based on time of application, post emergence application of dicamba is very effective based on its weed killing mechanism.
USA leads the dicamba herbicide market in North America region. It is because of the high market penetration and high usage rate of agrochemicals in this region. However, due to the large number of complaints against dicamba from farmers across USA in 2017, it is under restricted use from 2018.
North America Dicamba Herbicide Market: Key Players
Major players in the North America Dicamba Herbicide market are Syngenta, Monsanto Company, Bayer Crop Science, BASF SE, E.I. du Pont de Nemours and Company, and The Dow Chemicals Company.
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