Global Glufosinate Market Insights, Forecast to 2025

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 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.
Global Glufosinate market size will increase to 660 Million US$ by 2025, from 280 Million US$ in 2018, at a CAGR of 11.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Glufosinate.

This report researches the worldwide Glufosinate market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Glufosinate breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Bayer CropScience
Lier Chemical
Zhejiang YongNong
Jiangsu Huifeng
Veyong
Jiangsu Huangma
Jiaruimi

Glufosinate Breakdown Data by Type
95%TC
50%TK
Glufosinate Breakdown Data by Application
Herbicide
Insecticides and Fungicides
GM Crops
Desiccant

Glufosinate Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions

Glufosinate Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Glufosinate capacity, production, value, consumption, status and forecast;
To focus on the key Glufosinate manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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.

In this study, the years considered to estimate the market size of Glufosinate :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.