Europe Dicamba Herbicide Market to Grow at a Substantial Rate During Forecast Period
Growing need of food security and rising population to drive the growth of Europe dicamba herbicide market
According to Tech Sci Research report, “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”, the Europe dicamba herbicide market is expected to witness a substantial growth during the forecast period on account of shifting farming practices from traditional to conventional. Moreover, several multinational players have entered the production of diverse types of dicamba herbicides to destroy different types of weeds, thereby protecting multiple crops, which is expected to drive the market growth over the coming years. In addition to this, shrinkage in arable land coupled with changes in climatic conditions are some other factors strengthening the market growth in the region.
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The Europe dicamba herbicide market is segmented based on crop type, formulation, physical form, usage pattern, time of application, country and company. By formulation, the Europe dicamba herbicide market is fragmented into acid and salt. Out of which, the salt-based herbicides segment dominated the dicamba herbicide market until 2019 and is forecast to maintain its lead during the forecast years as well. This is attributable to water solubility property of salts, which decreases the requirement for emulsifiers. Additionally, the salts are less volatile than esters, which is driving the segment’s growth in the region.
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. are some of the leading players operating in Europe dicamba herbicide market.
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“In terms of physical form, the market is segregated into dry and liquid. Liquid formulations are much easy to mix, measure, and apply with hose-end sprayers or compressed air sprayers when compared to the dry form. Hence, the liquid formulation segment is forecast to dominate the dicamba herbicide market by recording the highest CAGR during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“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” has evaluated the future growth potential of Europe dicamba herbicide market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe dicamba herbicide market.
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