In terms of market value, the agriculture segment is expected to expand at a CAGR of 8.1% during the forecast period. Also, lawn and turf application segment is expected to witness a growth of 7% during the forecast period.
Albany, NY -- (SBWIRE) -- 12/28/2015 -- Dicamba is a benzoic acid herbicide that is applied to soil, plants or leaves. Dicamba is primarily applied to control broadleaf weeds and woody plants. In 1967, Dicamba was registered with the Environmental Protection Agency (EPA). Dicamba finds application in agriculture, lawn and turf, forest, gardens, plants, and other domestic and non-commercial applications. It kills broadleaf weeds before and after they sprout. Dicamba imitates the plant hormone auxin that causes uncontrolled growth which kills plants. Dicamba can be used as a pre-emergence and post-emergence herbicide; however, it is majorly used for post emergent plant control. Dicamba is white to brown crystalline solid, having a variety of salt and acid formulations. It is commercially available in forms such as powders, granules, liquids, and liquid concentrates.
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To understand and assess the opportunities in this market, the report is categorically divided into two sections, i.e., by application and by region. The report analyzes the global dicamba market in terms of market value (US$ Mn) and volume (Metric tons).
The report begins with an overview of the global dicamba market, appraising market performance in terms of revenue and volume, followed by PMR's analysis of key trends, drivers, and restraints witnessed in the global market. Impact analysis of key growth drivers and restraints based on the weighted average model are also included in the report to equip the client with crystal clear decision-making insights.
Another key feature of this report is the analysis of dicamba market by region and application, and the corresponding revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective of the global dicamba market.
To understand key segments in terms of their growth and performance in the dicamba market, Persistence Market Research has developed a market attractiveness index. The resulting index should help providers identify existing market opportunities in the global dicamba market.
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In the final section of the report, dicamba market competitive landscape is included to provide a dashboard view of companies that manufacture and supply dicamba. The report contains company profiles of some of the major players operating in the global dicamba market.
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