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Glufosinate Market, Global Outlook and Forecast 2023-2029

Glufosinate Market, Global Outlook and Forecast 2023-2029

  • Published on : 21 March 2023
  • Pages :70
  • Report Code:SMR-7608993

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Report overview

Glufosinate, also known as Glufosinate Ammonium, is an organic compound with the chemical formula C5H15N2O4P. It was first brought to market in 1984, and is widely used on control weeds in more than 100 crops in 82 countries around the world. The main application of Glufosinate is the production of herbicide. As a broad-spectrum herbicide, Glufosinate acts against a wide range of annual and perennial broadleaf weeds and grasses. This also includes difficult-to-control glyphosate-resistant weeds such as amaranthus, lolium, conyza and malva. Currently, with the features of high efficiency, low toxicity and easy decomposability, Glufosinate gains great attention.
This report aims to provide a comprehensive presentation of the global market for Glufosinate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Glufosinate. This report contains market size and forecasts of Glufosinate in global, including the following market information:
Global Glufosinate Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Glufosinate Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Glufosinate companies in 2022 (%)
The global Glufosinate market was valued at US$ 422.9 million in 2022 and is projected to reach US$ 816.6 million by 2029, at a CAGR of 9.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Glufosinate key players include Bayer CropScience, Lier Chemical, Zhejiang YongNong, etc. Global top three manufacturers hold a share over 85%.
North America is the largest market, with a share about 45%, followed by Europe and China, both have a share about 55 percent.
In terms of product, 95%TC is the largest segment, with a share about 95%. And in terms of application, the largest application is Herbicide, followed by Insecticides and fungicides.
We surveyed the Glufosinate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Glufosinate Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Glufosinate Market Segment Percentages, by Type, 2022 (%)
95%TC
50%TK
Global Glufosinate Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Glufosinate Market Segment Percentages, by Application, 2022 (%)
Herbicide
Insecticides and fungicides
GM crops
Desiccant
Global Glufosinate Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Glufosinate Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Glufosinate revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Glufosinate revenues share in global market, 2022 (%)
Key companies Glufosinate sales in global market, 2018-2023 (Estimated), (MT)
Key companies Glufosinate sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bayer CropScience
Lier Chemical
Zhejiang YongNong
Jiangsu Huifeng
Veyong
Jiangsu Huangma
Jiaruimi
Outline of Major Chapters:
Chapter 1: Introduces the definition of Glufosinate, market overview.
Chapter 2: Global Glufosinate market size in revenue and volume.
Chapter 3: Detailed analysis of Glufosinate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Glufosinate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Glufosinate capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.