Global Glufosinate Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Agriculture
Publisher : MRA | Format : PDF
Global Glufosinate Sales Market Report 2024
Market Analysis and InsightsGlobal Glufosinate Market
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.
Due to the COVID-19 pandemic, the global Glufosinate market size is estimated to be worth US$ 411 million in 2022 and is forecast to a readjusted size of US$ 822.8 million by 2033 with a CAGR of 10.3% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, 95%TC accounting for % of the Glufosinate global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Herbicide segment is altered to an % CAGR throughout this forecast period.
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.
Global Glufosinate Scope and Market Size
The global Glufosinate market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Glufosinate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
95%TC
50%TK
Herbicide
Insecticides and fungicides
GM crops
Desiccant
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
Bayer CropScience
Lier Chemical
Zhejiang YongNong
Jiangsu Huifeng
Veyong
Jiangsu Huangma
Jiaruimi
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.
Due to the COVID-19 pandemic, the global Glufosinate market size is estimated to be worth US$ 411 million in 2022 and is forecast to a readjusted size of US$ 822.8 million by 2033 with a CAGR of 10.3% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, 95%TC accounting for % of the Glufosinate global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Herbicide segment is altered to an % CAGR throughout this forecast period.
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.
Global Glufosinate Scope and Market Size
The global Glufosinate market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Glufosinate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
95%TC
50%TK
Segment by Application
Herbicide
Insecticides and fungicides
GM crops
Desiccant
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Bayer CropScience
Lier Chemical
Zhejiang YongNong
Jiangsu Huifeng
Veyong
Jiangsu Huangma
Jiaruimi
Electronic and Semiconductor
Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices