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.

Glufosinate Market contains market size and forecasts of Glufosinate in global, including the following market information:

Global Glufosinate Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Glufosinate Market Sales, 2017-2022, 2023-2028, (MT)

Global top five Glufosinate companies in 2021 (%)

The global Glufosinate market was valued at 422.9 million in 2021 and is projected to reach US$ 816.6 million by 2028, at a CAGR of 9.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

95%TC Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Glufosinate include Bayer CropScience, Lier Chemical, Zhejiang YongNong, Jiangsu Huifeng, Veyong, Jiangsu Huangma and Jiaruimi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Glufosinate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Glufosinate Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Glufosinate Market Segment Percentages, by Type, 2021 (%)

95%TC

50%TK

Global Glufosinate Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Glufosinate Market Segment Percentages, by Application, 2021 (%)

Herbicide

Insecticides and fungicides

GM crops

Desiccant

Global Glufosinate Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Glufosinate Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Glufosinate revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Glufosinate revenues share in global market, 2021 (%)

Key companies Glufosinate sales in global market, 2017-2022 (Estimated), (MT)

Key companies Glufosinate sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Bayer CropScience

Lier Chemical

Zhejiang YongNong

Jiangsu Huifeng

Veyong

Jiangsu Huangma

Jiaruimi