Europe Dicamba Herbicide Market By Crop Type, By Formulation, By Physical Form, By Usage Pattern, By Time of Application, By Country, Competition, Forecast & Opportunities, 2025
Europe dicamba herbicide market is expected to grow at a substantial rate during the forecast period. The key factors driving the Europe dicamba herbicide market include growing requirement for food security due to the rising population and increasing crop loss due to weed problems. Moreover, the herbicides are used to minimize the crop loss, which results in maximum crop yield in order to meet the rising food demand. Therefore, the dicamba herbicide can be viewed as lucrative business opportunity over the years to come. Also, increase in prominence for pre-emergence herbicides is anticipated to bode well for the growth of dicamba herbicide market in the region. However, the Europe dicamba herbicide market is likely to get subdued during the forecast period owing to the factors such as tendency of herbicide drift and increase in resistance of weeds towards herbicides.
The Europe dicamba herbicide market is segmented based on crop type, formulation, physical form, usage pattern, time of application, country and company. Based on crop type, the market can be segmented into cereals & grains, oilseeds & pulses and pastures & forage crops. Out of which, cereals & grains segment dominated the market with maximum share until 2019. The reason for the growth of this segment can be attributed to the hazardous herbs and weeds, triggering the market growth for dicamba herbicides.
Major players operating in the Europe dicamba herbicide market include Monsanto Company, E.I. Dupont De Nemours and Company, BASF SE, The DOW Chemical Company, Bayer Cropscience AG, Syngenta AG, Nufarm Limited, Helena Chemical Company, The Andersons, Inc., Albaugh, Inc, etc.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the region.
TechSci Research calculated the market size of Europe dicamba herbicide market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Europe dicamba herbicide market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Cereals & Grains
Oilseeds & Pulses
Pastures & Forage Crops
Company Profiles: Detailed analysis of the major companies present in Europe dicamba herbicide market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: