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Global Glufosinate Market Growth 2023-2029

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. LPI (LP Information)' newest research report, the “Glufosinate Industry Forecast” looks at past sales and reviews total world Glufosinate sales in 2022, providing a comprehensive analysis by region and market sector of projected Glufosinate sales for 2023 through 2029. With Glufosinate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glufosinate industry. This Insight Report provides a comprehensive analysis of the global Glufosinate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glufosinate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glufosinate market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glufosinate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glufosinate. The global Glufosinate market size is projected to grow from US$ 402.1 million in 2022 to US$ 818.3 million in 2029; it is expected to grow at a CAGR of 818.3 from 2023 to 2029. 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. 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. Market Segmentation: Segmentation by 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 Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. Bayer CropScience Lier Chemical Zhejiang YongNong Jiangsu Huifeng Veyong Jiangsu Huangma Jiaruimi Key Questions Addressed in this Report What is the 10-year outlook for the global Glufosinate market? What factors are driving Glufosinate market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Glufosinate market opportunities vary by end market size? How does Glufosinate break out type, application? What are the influences of COVID-19 and Russia-Ukraine war?
1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Glufosinate Annual Sales 2018-2029 2.1.2 World Curr
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About this Report
Report ID 1380779
Category
  • Agriculture
Published on 05-Jan
Number of Pages 91
Publisher Name LP Information
Editor Rating
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