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Glufosinate Market Is Growing At a Healthy CAGR Of +10% By 2024 With Key Players: Bayer CropScience, Lier Chemical, Zhejiang YongNong, Jiangsu Huifeng, Veyong

Global Glufosinate Market Trends & Forecast to 2024 - Industry Analysis by Geographical Regions, Type and Application

All Market Insights published a new report titled ‘ Glufosinate Market 2019’.

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 in 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.

The manufacture process of Glufosinate is a vital part. All China manufacturers produce through Grignard – Straker law method. The raw materials are mainly triethyl phosphite and phosphorus trichloride. The average yield of this process is 39%-42%. 8 to 13 steps are needed in the production, and large amount of waste water is produced during production. The production process of Bayer is more advanced. The major raw material is methyl phosphonic dichloride, and average yield is 92% within three steps. Consequently, the technology of Glufosinate is a key factor for the production and price of Glufosinate.

The Glufosinate market will record a healthy CAGR of 10.7% in terms of revenue & the global market size will reach US$ 172.9 million by 2024, from US$ 155.5 million in 2019. The report covers regions like Asia-Pacific, North America, Europe, South America and Middle East & Africa. This report presents a comprehensive overview, market shares, and growth opportunities of Glufosinate market by product type, application, key manufacturers and key regions and countries.

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Top Key Players Covered In This Report:

  • Bayer CropScience
  • Lier Chemical
  • Zhejiang YongNong
  • Jiangsu Huifeng
  • Veyong
  • Jiangsu Huangma
  • Jiaruimi

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. This study considers the Glufosinate value generated from the sales of the following segments:

Segmentation By Product Type:

  • 95%TC
  • 50%TK

Segmentation By Application:

  • Herbicide
  • Insecticides and fungicides
  • GM crops
  • Desiccant

This report also splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey & others.

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Table of Contents

Chapter 1: Scope of the Report

Chapter 2: Executive Summary

Chapter 3: Global Glufosinate by Players

Chapter 4: Glufosinate by Regions

Chapter 5: Americas

Chapter 6: APAC

Chapter 7: Europe

Chapter 8: Middle East & Africa

Chapter 9: Market Drivers, Challenges and Trends

Chapter 10: Marketing, Distributors, and Customer

Chapter 11: Global Glufosinate Market Forecast

Chapter 12: Key Players Analysis

Summary:

The report gathers the essential information including the new strategies for growth of the industry and the potential players of the global Glufosinate Market. It enrolls the major industry player imperious the global Glufosinate Market along with their contribution to the global market.

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