Global Dicamba Market Estimated to Reach USD 0.43 Billion by 2019

Date: 2016-09-11

Dicamba (3,6-dichloro-2-methoxybenzoic acid) is a herbicide. Brand names for formulations of this herbicide include Banvel, Diablo, Oracle and Vanquish. This chemical compound is an organochloride and a derivative of benzoic acid.

Dicamba is also a herbicide used for controlling broadleaf weeds in farmland and other domestic and non-commercial applications. Dicamba is taken in by the weeds through the leaf and roots with short soil residual. Dicamba can cause illness by inhalation, ingestion, or skin absorption to humans. Dicamba is classified into three major applications namely agriculture, lawn & turf, and others. Agriculture is the major application segment of the dicamba market in terms of both volumes as well as value.

Global Dicamba Market Share Analysis, by Applications, 2020


The global dicamba market is expected to grow at a CAGR of about 8.0% from 2015 to 2019. Based on the market value, global dicamba market was valued at nearly USD 0.30 billion in 2014, and is estimated to reach USD 0.43 billion by 2019. In the terms of region, Europe is the largest market, accounted for about 30 percent of the global market in 2014, followed by North America.

Currently, Production capacity situation of the world’s leading manufacturers for dicamba are as following (Ton)


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Joanna | Executive – International Business and partner Relations
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