Diquat Dibromide Market growth trends, Key Players And Insights 2025

Diquat dibromide market, diquat dibromide market size, diquat dibromide market analysis, diquat dibromide industry trends, diquat dibromide market growth, diquat dibromide market share
What is the Current Scenario and Growth Projections for the Diquat Dibromide Market?
The Diquat Dibromide Market size has been growing strongly in recent years. The market is projected to increase from $7.75 billion in 2024 to $8.31 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The historic growth is attributed to global agricultural trends, R&D and innovation, environmental concerns, crop yield and quality, and pest control practices.
The market size is forecasted to see strong growth and reach $10.48 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to the demand for crop protection, market expansion strategies, emerging weed resistance, global agricultural trends, and research and development. Major trends include usage in aquatic environments, urban landscaping and maintenance, demand for non-residual herbicides, resistance management, and focus on fast-action herbicides.
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Which Factors Drive the Growth of the Diquat Dibromide Market?
Increased demand for industrial crops such as sugar cane is expected to propel the growth of the diquat dibromide market. Diquat is a non-selective herbicide absorbed by plant leaves, which causes direct cell tissue destruction and increases crop productivity. The United States Department of Agriculture projected Australia’s sugarcane production to reach 33.0 million tons in 2022 due to increased harvested area. Therefore, increased demand for industrial crops is driving the diquat dibromide market.
What are the Key Segments in the Diquat Dibromide Market?
1) By Type: Synthetic, Bio-Based
2) By Corn Type: Corn, Wheat, Cotton, Soybean
3) By Form: Crystalline, Liquid
4) By End-User: Water Treatment, Agriculture, Other End Users
Who are the Significant Players in the Diquat Dibromide Market?
Major companies operating in the diquat dibromide market include Corteva Agriscience Inc., Coromandel International Limited., EverGrow Group, BASF SE, American Vanguard Corporation, Bayer CropScience SE, Nutrien Ltd., Agriculture Solutions Inc., Deepak Fertilizers and Petrochemicals Corporation Limited., Hafia Groups, Sapec Agro SA, Israel Chemicals Limited, Van Iperen International B.V., U.S. AG LLC, Adama Agricultural Solutions, FMC Corporation, Syngenta International AG, Nufarm Limited, UPL Limited, Sumitomo Chemical Company Ltd., Alligare LLC, YongNong BioSciences Co. LTD, Albaugh LLC, Dow AgroSciences LLC, DuPont de Nemours Inc., The Gowan Company LLC, Hubei Xianlong Chemical Industry Co. Ltd., Jiangsu Luye Agrochemicals Co. Ltd., Kenvos Biotech Co. Ltd., Nantong Jiangshan Agrochemical & Chemicals Co. Ltd., Nissan Chemical Corporation, Nutrichem Company Limited, Shandong Luba Chemical Co. Ltd., Sharda Cropchem Limited, Willowood USA.
What are the Emerging Trends in the Diquat Dibromide Market?
Product innovations are key trends in the diquat dibromide market. For instance, in June 2022, Ihara, a Brazil-based manufacturer of pesticides, launched DORAI MAX (Diquat dibromide + Amicarbazone) herbicide. This helps maintain consistent crop maturity and reduces harvest losses and machine wear, among other benefits.
Which Region Holds the Largest Share in the Diquat Dibromide Market?
In 2024, North America was the largest region in the diquat dibromide market. Asia-Pacific is expected to be the fastest-growing region during the forecast period. The regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Diquat Dibromide Market Report 2025 Offer?
Diquat dibromide refers to a non-selective contact herbicide, algicide, desiccant, and defoliant with a slight smell used as a pesticide to manage aquatic plants and desalinate water. Diquat dibromide limits photosynthesis by disrupting the thylakoid membranes of green cells and also inhibiting the function of the photosynthetic enzyme. The Diquat Dibromide Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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