Glufosinate Ammonium Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Glufosinate Ammonium market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Glufosinate Ammonium is projected to rise moderately in the projected time frame of 2023-2030.
Glufosinate ammonium is an organic compound with the chemical formula C5H15N2O4P. It was first brought to market in 1984, and is wildly used on control weeds in more than 100 crops in 82 countries around the world. The main application of glufosinate ammonium is the production of herbicide. As a broad-spectrum herbicide, glufosinate ammonium 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 ammonium gains great attention.
Glufosinate Ammonium has two models: 95%TC and 50% TK. TK is an abbreviation of technical concentration. TC is an abbreviation of technical material. The active ingredient of 95%TC is 95%min. Most enterprises can offer this product. The active ingredient of 50%TK is 50%min, and supply of TC is limited.
In the world wide, giant players in glufosinate ammonium industry, Bayer and Zhejiang YongNong are leading the whole industry.
Regionally, the production areas of glufosinate ammonium are concentrated in USA, China and EU. China is the biggest production base of glufosinate ammonium, followed by USA. The consumption of glufosinate ammonium is quite separated, with USA, China, EU, Northeast Asia and South America the main regions.
The manufacture process of glufosinate ammonium 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 ammonium is a key factor for the production and price of glufosinate ammonium.
The price of glufosinate ammonium fluctuates with the market demand and production capacity. Before 2007, Bayer monopolized the glufosinate ammonium 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 ammonium has been rocketing, as a result of which, during 2015 and 2016 the decreasing of glufosinate ammonium price has been significant. For the past two years, as no significant capacity expansion and demand rise in international market, the market of glufosinate ammonium has warmed back with current price of 95% TK at 33734 USD/MT.
Global Glufosinate Ammonium market size will increase to 620 Million US$ by 2030, from 280 Million US$ in 2020, at a CAGR of 10.4% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Glufosinate Ammonium.
Objectives of Research:
- The overview of the global Glufosinate Ammonium market
- Report comprised of the market companies, to describe and define and analyze the Glufosinate Ammonium market value, share competition landscape, development plans and SWOT analysis.
- The report also involves the structure of the industry by identifying its several sub-segments.
- To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market:
The major competitors working in the market are:
, Bayer CropScience, Lier Chemical, Zhejiang YongNong, Jiangsu Huifeng, Veyong, Jiangsu Huangma, Jiaruimi
Market by Order Type
95%TC
50%TK
Glufosinate Ammonium Data by Application
Herbicide
Insecticides and fungicides
GM crops
Desiccant
Glufosinate Ammonium Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The Key Questions Answered In Market Report Are:
- Summary of the Glufosinate Ammonium market comprising definition
- Glufosinate Ammonium Market Growth Drivers, Restrains, Challenges and opportunities
- Major trends which is impacting the global Glufosinate Ammonium market
- Glufosinate Ammonium Market segmentation and complete information about the market
- Regional analysis of the market
- Which regional market will develop as a champion at intervals in the coming years?
- What are the top companies at intervals in the global Glufosinate Ammonium market?
- What are the growth strategies of the key players to sustain hold at intervals in the global Glufosinate Ammonium market?
Table of Content
Glufosinate Ammonium Market – Overview
1.1 Definitions, Overview, and Scope
1.2 Drivers, Restrain, Challenges, Opportunities
Glufosinate Ammonium Market – Executive Summary
2.1 Market Revenue and Major Trends, and Challenges
Glufosinate Ammonium Market – Comparative Analysis
3.1 Product Benchmarking
3.2 Financial Overview
3.3 Market Cost Divided
3.4 Estimating Examination
Glufosinate Ammonium Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
Glufosinate Ammonium Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
Glufosinate Ammonium Market – Strategic Complete Overview
6.1 Value Chain Analysis
6.2 Market Opportunities Analysis
6.3 Market Challenges Analysis
6.4 Market Life Cycle
Glufosinate Ammonium Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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