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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.
Scope of the Report:
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.
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.
The worldwide market for Glufosinate is expected to grow at a CAGR of roughly 9.9% over the next five years, will reach 525.1 million US$ in 2024, from 328.2 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Glufosinate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Bayer CropScience
- Lier Chemical
- Zhejiang YongNong
- Jiangsu Huifeng
- Veyong
- Jiangsu Huangma
- Jiaruimi
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- 95%TC
- 50%TK
Market Segment by Applications, can be divided into
- Herbicide
- Insecticides and fungicides
- GM crops
- Desiccant
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Glufosinate product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Glufosinate, with price, sales, revenue and global market share of Glufosinate in 2017 and 2018.
Chapter 3, the Glufosinate competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Glufosinate breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Glufosinate market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Glufosinate sales channel, distributors, customers, research findings and conclusion, appendix and data source.