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.
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 price of Glufosinate fluctuates with the market demand and production capacity. Before 2007, Bayer monopolized the Glufosinate market and the market price of this product had kept high for many years. Recent years, as the entry of China manufacturers and capacity expansion of Bayer, the production amount of Glufosinate has been rocketing, as a result of which, during 2015 and 2016 the decreasing of Glufosinate price has been significant. For the past two years, as no significant capacity expansion and demand rise in international market, the market of Glufosinate has warmed back with current price of 95% TK at 33734 USD/MT.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-glufosinate-2019-2024-36
The export and import business of Glufosinate is frequent, with China and USA the major export country. With capacity expansion and new competitor entry, the global supply of Glufosinate would be lifting for a long time. However, the market is still very promising, as the market space of Glufosinate is also growing at fast speed.
According to this study, over the next five years the Glufosinate market will register a 10.7% CAGR in terms of revenue, the global market size will reach US$ 518.3 million by 2024, from US$ 312 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Glufosinate business, shared in Chapter 3.
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.
This study considers the Glufosinate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Insecticides and fungicides
- GM crops
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- United States
- Southeast Asia
- Middle East & Africa
- South Africa
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Bayer CropScience
- Lier Chemical
- Zhejiang YongNong
- Jiangsu Huifeng
- Jiangsu Huangma
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Glufosinate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Glufosinate market by identifying its various subsegments.
- Focuses on the key global Glufosinate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Glufosinate with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Glufosinate submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Table of content
2019-2024 Global Glufosinate Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Glufosinate Consumption 2014-2024
2.1.2 Glufosinate Consumption CAGR by Region
2.2 Glufosinate Segment by Type
2.3 Glufosinate Consumption by Type
2.3.1 Global Glufosinate Consumption Market Share by Type (2014-2019)
2.3.2 Global Glufosinate Revenue and Market Share by Type (2014-2019)
2.3.3 Global Glufosinate Sale Price by Type (2014-2019)
2.4 Glufosinate Segment by Application
2.4.2 Insecticides and fungicides
2.4.3 GM crops
2.5 Glufosinate Consumption by Application
2.5.1 Global Glufosinate Consumption Market Share by Application (2014-2019)
2.5.2 Global Glufosinate Value and Market Share by Application (2014-2019)
2.5.3 Global Glufosinate Sale Price by Application (2014-2019)
3 Global Glufosinate by Manufacturers
3.1 Global Glufosinate Sales Market Share by Manufacturers
3.1.1 Global Glufosinate Sales by Manufacturers (2017-2019)
3.1.2 Global Glufosinate Sales Market Share by Manufacturers (2017-2019)
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