Dicamba Market, By Form (Liquid and Dry), By Application (Post-Emergence and Pre-Emergence), By Crop Type (Cereals and Grains, Oilseeds and Pulses, Pastures & Forage Crops, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025

Code : CMI3452

Pages :120

Formats :

Excel and PDF

Industry : Agrochemicals

Market Challenge - Stringent regulations over the use of dicamba herbicides

One of the major challenges facing by this market is the stringent regulations over the use of dicamba herbicides. In the recent years, there has been a rise in the number of crop damage incidents caused due to off-target movement of dicamba, mainly attributed to volatility of the herbicide. This has led many states and regulatory bodies to impose restriction over its use.

Market Opportunity - Product Innovations to Improve Safety

One of the major opportunities in the global dicamba market lies in product innovations which focus on improving safety. Given the volatility issues with existing dicamba formulations, there is a need for developing next generation products which are less prone to vapor drift. According to a 2021 survey by the U.S. Department of Agriculture, newer dicamba products with added vapor grip polymers that are designed to strongly bind the herbicide to the plant leaves resulted in 97% lower volatility compared to older versions.