Diquat Dibromide Market, Size, Share, Evaluation, 2021-2028

Market Overview

“The Global Diquat Dibromide Market is expected to grow at a CAGR of 7% during the forecasting period (2021 – 2028)”.

Diquat dibromide is a desiccant contact and an herbicide legal with the aid of the EU. It is relatively water-soluble, has a low risk of leaching into groundwater, and is volatile. It is very solid in soil but degrades unexpectedly in aquatic environments. It is used to desiccate potato vines and seed plants, control sugarcane growing, and govern commercial and aquatic weeds. It is not residual; that is, there is no residue of herbicide left on or in plants, soil, or water. Moreover, the low availability of arable land and higher consumption of plant-based products opens the doors for brand new players in conjunction with the profitable opportunities for the existing market players in the international Diquat Dibromide marketplace.

Download free sample: https://www.datamintelligence.com/download-sample/diquat-dibromide-market

Market Dynamics

The developing want for improving agricultural yield thanks to surging food call for and reducing arable land is the most important issue driving the global Diquat Dibromide market. Arable land is constantly declining with urbanization, soil degradation, climatic modifications, and some other elements. This has resulted in the need for boosting agricultural productivity, thereby driving the use of powerful farming materials. Moreover, the developing want for pest control in agriculture as a result of excellent concerns of agricultural produce is, in addition, boosting the call for diquat dibromide throughout the globe. Additionally, increasing exertions prices and a labor scarcity also are supporting the increase of the global Diquat Dibromide marketplace.

However, stringent government regulations imposed overusing unique herbicides because of their damaging environmental and human fitness outcomes are the most important thing hindering the increase of the global Diquat Dibromide Market. In October 2018, the EU Commission has decided no longer to resume the approval of diquat primarily based on worries associated with the publicity of bystanders, citizens, and birds.

Market Segmentation

By Type
Synthetic
Bio-based
By Crop Type
Corn
Wheat
Cotton
Soybean
Others
By Region
North America
Europe
South America
Asia-Pacific
Middle East and Africa

View full report: https://www.datamintelligence.com/research-report/diquat-dibromide-market

Competitive Landscape

The global Diquat Dibromide market is consolidated with the top 5 companies accounting for a major share of global sales. BASE SE, Bayer CropScience, Corteva Agriscience, American Vanguard Corporation, and Bayer AG are dominating the global Diquat Dibromide market. These companies have used various strategies such as expansions, new product launches, agreements, partnerships, joint ventures, acquisitions, and others to increase their footprints in this market.

Trending Topics

Maize (Corn) Seed Market

Wheat Market

Soy Beverages Market

Agriculture Dyes and Pigments Market

Soybean Meal Market

Tags: American Vanguard Corporation, Diquat Dibromide Market, Diquat Dibromide, BASE SE, Bayer CropScience, Corteva Agriscience, Bayer Ag, Synthetic, Bio-based