Analysis Report of Dicamba: Agriculture Sector to Witness High Adoption Through 2021
Press Release – 04
Jan 2019
Research
and Development News
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Latest
Update
"Global Market Study on Dicamba: Agriculture Sector to Witness
High Adoption Through 2021"
with Industries Survey | Global Current Growth and Future.
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In agricultural practices, dicamba is increasingly
replacing glyphosate as crop resistance for the latter is increasing.
This is leading farmers to switch to alternatives such as dicamba,
thereby driving the dicamba market. In addition, arable land is
shrinking due to climatic factors, uneven distribution of land
between regions and countries, and rapid urban development. This has
necessitated use of genetically modified crops and herbicides to meet
the increasing demand for food, thereby driving demand for dicamba.
Being in use since the 1940s, dicamba is a common chemical used to
control a broad range of crop-choking weeds.
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“Measures
to Prevent Agricultural Crop Damage Benefits Dicamba Market”
The global dicamba market has been witnessing
moderate growth in the recent past. While dicamba is fairly old as
far as modern herbicides are concerned, lately it has come under the
scrutiny of the Environmental Protection Agency (EPA) in the U.S. In
a list compiled by the EPA in 2012, dicamba ranked towards the bottom
among commonly used pesticides mainly because of its tendency to
drift onto other fields. Not only this, EPA recently entered into an
agreement with leading dicamba manufacturers to minimize the
potential of dicamba formulations to drift to damage neighboring
crops.
Considering
a number of favorable factors, the global dicamba market is likely to
clock a healthy CAGR of 7.9% between 2017 and 2021. At this pace, the
market’s valuation of US$ 337.8 Mn in 2017 is expected to increase
to US$ 457.3 Mn by the end of 2021.
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Other Requirement and Enquiry_
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“Dicamba
Market: Competition Dashboard”
Included in the report is a detailed profile of
key companies currently operating in the dicamba market. Each of the
key companies is profiled on the basis of key competitive attributes
such as company and financial standing, product portfolio, recent
developments, and short-term and long-term growth strategies. The
competition matrix covered in the report is likely to assist the
existing players to augment their market shares and new entrants in
the market to formulate strategies to establish themselves in the
dicamba market.
The report also throws light on industry statutes
and regulations in different countries that manufacturers of
agricultural chemicals need to adhere to. The report also talks about
production and sales of dicamba along with initiatives underway for
the development of novel products.
Continue.....
– More
Clear Details get Full Table of Contents_
https://www.researchmoz.us/global-market-study-on-dicamba-agriculture-sector-to-witness-high-adoption-through-2021-report.html/toc
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