[193 Pages Report] The Glufosinate Market size was estimated at USD 1.79 billion in 2023 and expected to reach USD 1.97 billion in 2024, at a CAGR 9.92% to reach USD 3.48 billion by 2030.
The FPNV Positioning Matrix is pivotal in evaluating the Glufosinate Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Glufosinate Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
The report delves into recent significant developments in the Glufosinate Market, highlighting leading vendors and their innovative profiles. These include BASF SE, Best Agro Group, Cayman Chemical, Corteva Agriscience, Crystal Crop Protection Ltd., Hebei Veyong Bio-Chemical Co., Ltd., Icon Crop Science, Jiangsu Sevencontinent Green Chemical Co., Ltd., Joshi Agrochem Pharma Pvt. Ltd., King Quenson, Lier Chemical Co., Ltd., National Analytical Corporation, Nufarm Ltd., Peptech Biosciences Ltd., SinoHarvest, Stephen Company, Super Ford Insecticides Ltd., Syngenta AG, The Dow Chemical Company, UPL Ltd., Veyong (Hebei Veyong Bio-Chemical Co. Ltd), YongNong BioSciences Co., Ltd., and Zhengzhou Delong Chemical Co., Ltd..
This research report categorizes the Glufosinate Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Crop Type
- Conventional Crops
- Genetically Modified Crop
- Form
- Dry Formulation
- Liquid Formulation
- Application
- Agricultural
- Pharmaceutical
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Glufosinate Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Glufosinate Market?
- What are the technology trends and regulatory frameworks in the Glufosinate Market?
- What is the market share of the leading vendors in the Glufosinate Market?
- Which modes and strategic moves are suitable for entering the Glufosinate Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Glufosinate Market, by Crop Type
- Glufosinate Market, by Form
- Glufosinate Market, by Application
- Americas Glufosinate Market
- Asia-Pacific Glufosinate Market
- Europe, Middle East & Africa Glufosinate Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 22]
- List of Tables [Total: 280]
- List of Companies Mentioned [Total: 23]
Agricultural sectors:
Glufosinate has increasing applications in the agricultural sector, mainly as a herbicide that effectively controls weeds and has greater versatility than other herbicides on the market. The herbicide gradually decomposes in soil and water, making it environmentally friendly. The seeds of plants modified to resist glufosinate herbicide enable farmers to apply it to crops directly without harming them, maximizing crop yield. For instance, it is used on genetically modified, herbicide-resistant crops such as maize, soybeans, cotton, and wheat. Glufosinate is also helpful in desiccating and drying crops, making harvesting more accessible and quicker.
Non-agricultural sectors:
The increasing demand for affordable housing and urban landscapes has led to the extensive use of glufosinate in non-agricultural sectors. Landscapers use glufosinate to effectively clear the areas under walkways and driveways of weeds and grasses. Forestry, which encompasses forest establishment, management, and timber production, also requires chemicals such as glufosinate to maintain and improve productivity. With its relatively narrow spectrum of activity, glufosinate does not harm other nearby plants. Glufosinate is also used in urban maintenance, particularly in controlling invasive plant species that cause health concerns through allergic reactions, fire hazards, or other environmental issues.
The benefits of glufosinate:
Glufosinate herbicide is helpful for weed and pest control in crops. The herbicide's efficacy in weed control is unabated, and it has proved reliable in enhancing crop yields economically. On the other hand, glufosinate is low-risk to humans and animals, as it does not persist in the environment. It breaks down in soil and water, making it an excellent choice for sustainable agriculture. Glufosinate's flexibility and versatility also make it useful for a wide range of plants and non-selective weed control in non-agricultural sectors.
The potential for growth in glufosinate use:
The global demand for food and plant-derived products is rapidly increasing, providing an opportunity for the growth of the glufosinate industry. Governments and international organizations' continued investment in agricultural and non-agricultural sectors can increase glufosinate use. Furthermore, the growing trend of environmentally conscious consumers is expected to increase the demand for herbicides that are less harmful to the environment, like glufosinate.
Glufosinate is an increasingly popular herbicide in agriculture and non-agricultural sectors due to its versatility, efficacy, and environmental friendliness. Its continued use is desirable as food and non-agricultural plant product demand increases globally. Government policies and consumer trends support the use of less harmful agrochemicals, making glufosinate a perfect solution. Glufosinate will play a vital role in maximizing yield while maintaining environmental sustainability as we look into the future.
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