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Europe Dicamba Herbicide Market Segment level analysis 2021

(EuropeNewsWire.Net, November 10, 2017 ) According to the report Europe Dicamba Herbicide Market, published by Market Data Forecast the Market is expected to grow at a CAGR of 7% and reach USD 130.77 million in 2021 from USD 93.24 million in 2016. Market is expected to increase significantly owing to the growing demand of food security for the growing population along with limited availability of agricultural lands and rise in crop loss due to weed problems.

Dicamba is a type of herbicide that selectively kills broad leaf weed in farmland and other domestic and non-commercial application. Dicamba is taken in by weed through roots and leaf with short soil residual. Dicamba can bring illness by inhaling, ingestion, or skin absorption to people.

The growing need of food security for rising populace and rising crop loss owing to weed problems, along with changing agricultural practices from traditional to conventional are some of the factors driving the growth of the dicamba herbicide market. However, some of the factors like volatility of Dicamba, Stringent regulatory approvals and growing organic food industry are restraining the market.

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Europe Dicamba Herbicide Market is segmented based on by Crop Type, Formulation, Physical Form, & Time of Application. Based on Crop Type, Europe market is further segmented into Cereals & Grains, Oilseeds & Pulses, and Pastures & Forage Crops. Based on Formulation, Europe market is segmented into Acid and Salt. Based on Physical form, Europe market is further Segmented into Dry and Liquid. Based on Time of application, Europe market is further segmented into Pre- and Post-Emergence. Cereals & grains dominated the Europe market owing to growing demand to reduce crop loss. Oilseeds & Pulses is the fastest growing segment during the forecast period. Geographically, Europe market is further segmented into Spain, U.K., Italy, Germany and France. Europe dominates the world market and is expected to hold highest share throughout the forecast period.

This report includes a study of marketing and development strategies of leading companies such as Monsanto Company, BASF SE, Bayer Crop Science, E.I. du Pont de Nemours and Company, The Dow Chemicals Company, and Syngenta AG

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