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Dicamba Market is predicted to be worth US$ 457.3 Mn by the end of 2021 – KSU


Nufarm Limited
The global dicamba market stood at a valuation of US$ 337.8 Mn in 2017. Expanding at a CAGR of 7.9% for the forecast period between 2017 and 2021, the market is predicted to be worth US$ 457.3 Mn by the end of 2021.
Agriculture to Continue to Remain an Attractive Application Area for Dicamba
The global dicamba market is segmented on the basis of application and geography. In terms of application, the dicamba market is segregated into agriculture, lawn & turf, and others. Of these, agriculture is the leading application segment mainly because of increasing adoption of herbicides such as dicamba to control the growth of weeds in agricultural farms. Damages caused by weeds account for heavy loss of agriculture production. In the years ahead too, the agriculture application segment is likely to maintain its dominance due to increasing adoption of dicamba to control the growth of weeds in agricultural land. In terms of growth rate, the lawn & turf segment is ....

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