Market Overview:
The global glufosinate ammonium market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for glufosinate ammonium from herbicide, insecticides and fungicides, GM crops and desiccant applications. On the basis of type, the global glufosinate ammonium market has been segmented into 95%TC and 50%TK. The 95%TC segment is expected to account for a larger share of the global market in terms of value due to its high efficacy as an herbicide. On the basis of application, the global glufosinate ammonium market has been segmented into herbicide, insecticides and fungicides, GM crops and desiccant applications. The herbicide application segment is expected to account for a larger share of the global market in terms of value due to its widespread use across various crop types.
Product Definition:
Glufosinate ammonium is a herbicide that is used to control grasses and broadleaf weeds. It works by inhibiting an enzyme that is needed for plants to make proteins. This herbicide is important because it helps farmers to control weeds without having to use tillage which can damage the soil.
95%TC:
Glufosinate ammonium is a plant growth regulator, which works by inhibiting the biosynthesis of shoot and root hair. It is commercially available in two forms namely, liquid (95%TC) and dry (5%TC). The product has high demand from major agriculture sectors including soybean, corn/maize, wheat & cotton.
50%TK:
50%TK is a type of translamine salt that consists of 50% of the tricalcium phosphateanion. It has high solubility in water and is soluble in most organic solvents. The compound exhibits good anti-caking properties, which make it suitable for use as an additive for various food products such as bakery goods, meat products, dairy items and processed vegetables & fruits among others.
Application Insights:
Herbicides and pesticides were the major application segment in the global glufosinate ammonium market, accounting for over 60% of total revenue in 2017. The product is widely used as a herbicide owing to its ability to inhibit plant growth at early developmental stages. It also has high efficacy against broad-leaved weeds, which are hard to control with other herbicides. Glyfosinate ammonium is considered as one of the best weed controls available in the market due to its high efficiency and quick acting properties.
The demand for glufosinate ammonium from insecticides and fungicides segments is expected witness significant growth on account of increasing awareness among farmers regarding crop protection measures against various pests including grasshoppers, termites, borers etc.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 40%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing demand from countries, such as China, India, Japan, and South Korea. Asia Pacific is also anticipated to register significant growth in terms of volume due to rising product demand from agriculture sector.
The growing use of ammonium compounds as fertilizers has resulted in high production levels across various Asian countries including China and India. Ammonia manufacturing plants are mainly located along with nitrate fertilizer manufacturing facilities in central regions of both nations; Henan province on the eastern side and Sichuan province on the western side have been dominating global industry capacity maps since 2010/2011 timeframe (see Figure 1).
China’s ammonium compound exports nearly doubled between 2013.
Growth Factors:
- Increasing demand for food due to population growth
- Rising awareness about the benefits of glufosinate ammonium herbicide among farmers
- Introduction of new glufosinate ammonium products with better efficacy and lower environmental impact
- Growing demand for genetically modified crops that are resistant to glufosinate ammonium herbicides
- Expansion of the application areas for glufosinate ammonium herbicides beyond agriculture
Scope Of The Report
Report Attributes
Report Details
Report Title
Glufosinate Ammonium Market Research Report
By Type
95%TC, 50%TK
By Application
Herbicide, Insecticides and fungicides, GM crops, Desiccant
By Companies
Bayer CropScience, Lier Chemical, Zhejiang YongNong, Jiangsu Huifeng, Veyong, Jiangsu Huangma, Jiaruimi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Glufosinate Ammonium Market Report Segments:
The global Glufosinate Ammonium market is segmented on the basis of:
Types
95%TC, 50%TK
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Herbicide, Insecticides and fungicides, GM crops, Desiccant
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bayer CropScience
- Lier Chemical
- Zhejiang YongNong
- Jiangsu Huifeng
- Veyong
- Jiangsu Huangma
- Jiaruimi
Highlights of The Glufosinate Ammonium Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 95%TC
- 50%TK
- By Application:
- Herbicide
- Insecticides and fungicides
- GM crops
- Desiccant
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glufosinate Ammonium Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Glufosinate ammonium is a herbicide used to control annual grasses, broadleaf weeds, and some woody plants.
Some of the major companies in the glufosinate ammonium market are Bayer CropScience, Lier Chemical, Zhejiang YongNong, Jiangsu Huifeng, Veyong, Jiangsu Huangma, Jiaruimi.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glufosinate Ammonium Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Glufosinate Ammonium Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glufosinate Ammonium Market - Supply Chain
4.5. Global Glufosinate Ammonium Market Forecast
4.5.1. Glufosinate Ammonium Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glufosinate Ammonium Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glufosinate Ammonium Market Absolute $ Opportunity
5. Global Glufosinate Ammonium Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Glufosinate Ammonium Market Size and Volume Forecast by Type
5.3.1. 95%TC
5.3.2. 50%TK
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glufosinate Ammonium Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Glufosinate Ammonium Market Size and Volume Forecast by Application
6.3.1. Herbicide
6.3.2. Insecticides and fungicides
6.3.3. GM crops
6.3.4. Desiccant
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glufosinate Ammonium Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Glufosinate Ammonium Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Glufosinate Ammonium Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Glufosinate Ammonium Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Glufosinate Ammonium Demand Share Forecast, 2019-2026
9. North America Glufosinate Ammonium Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Glufosinate Ammonium Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Glufosinate Ammonium Market Size and Volume Forecast by Application
9.4.1. Herbicide
9.4.2. Insecticides and fungicides
9.4.3. GM crops
9.4.4. Desiccant
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Glufosinate Ammonium Market Size and Volume Forecast by Type
9.7.1. 95%TC
9.7.2. 50%TK
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Glufosinate Ammonium Demand Share Forecast, 2019-2026
10. Latin America Glufosinate Ammonium Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Glufosinate Ammonium Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Glufosinate Ammonium Market Size and Volume Forecast by Application
10.4.1. Herbicide
10.4.2. Insecticides and fungicides
10.4.3. GM crops
10.4.4. Desiccant
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Glufosinate Ammonium Market Size and Volume Forecast by Type
10.7.1. 95%TC
10.7.2. 50%TK
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Glufosinate Ammonium Demand Share Forecast, 2019-2026
11. Europe Glufosinate Ammonium Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Glufosinate Ammonium Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Glufosinate Ammonium Market Size and Volume Forecast by Application
11.4.1. Herbicide
11.4.2. Insecticides and fungicides
11.4.3. GM crops
11.4.4. Desiccant
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Glufosinate Ammonium Market Size and Volume Forecast by Type
11.7.1. 95%TC
11.7.2. 50%TK
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by ype
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Glufosinate Ammonium Demand Share, 2019-2026
12. Asia Pacific Glufosinate Ammonium Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Glufosinate Ammonium Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Glufosinate Ammonium Market Size and Volume Forecast by Application
12.4.1. Herbicide
12.4.2. Insecticides and fungicides
12.4.3. GM crops
12.4.4. Desiccant
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Glufosinate Ammonium Market Size and Volume Forecast by Type
12.7.1. 95%TC
12.7.2. 50%TK
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Glufosinate Ammonium Demand Share, 2019-2026
13. Middle East & Africa Glufosinate Ammonium Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Glufosinate Ammonium Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Glufosinate Ammonium Market Size and Volume Forecast by Application
13.4.1. Herbicide
13.4.2. Insecticides and fungicides
13.4.3. GM crops
13.4.4. Desiccant
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Glufosinate Ammonium Market Size and Volume Forecast by Type
13.7.1. 95%TC
13.7.2. 50%TK
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Glufosinate Ammonium Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glufosinate Ammonium Market: Market Share Analysis
14.2. Glufosinate Ammonium Distributors and Customers
14.3. Glufosinate Ammonium Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bayer CropScience
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lier Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zhejiang YongNong
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jiangsu Huifeng
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Veyong
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiangsu Huangma
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jiaruimi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
