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The dicamba herbicide market size is forecast to increase by USD 123.2 million, at a CAGR of 4.83% between 2023 and 2028. The market is experiencing significant growth due to the increasing use of this herbicide to control weed implications in various crops, particularly soybeans and cotton. Dicamba's effectiveness in managing resistant weeds has led to its widespread adoption, especially in the United States. Additionally, incentives and rewards offered to farmers for using dicamba have further boosted market growth. However, the market faces challenges, including regulatory issues and the imposition of bans in certain regions. In the US, for instance, the Environmental Protection Agency (EPA) imposed restrictions on the use of dicamba due to concerns over its potential off-target effects on non-target crops. These challenges are expected to impact market growth in the coming years, necessitating the development of more targeted and effective herbicide mode of action solutions.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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