Global Glufosinate Ammonium Market Research Report 2023(Status and Outlook)

Global Glufosinate Ammonium Market Research Report 2023(Status and Outlook)

Report Overview

Glufosinate ammonium is an organic compound with the chemical formula C5H15N2O4P. It was first brought to market in 1984, and is wildly used on control weeds in more than 100 crops in 82 countries around the world. The main application of glufosinate ammonium is the production of herbicide. As a broad-spectrum herbicide, glufosinate ammonium 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 ammonium gains great attention.

Glufosinate Ammonium has two models: 95%TC and 50% TK. TK is an abbreviation of technical concentration. TC is an abbreviation of technical material. The active ingredient of 95%TC is 95%min. Most enterprises can offer this product. The active ingredient of 50%TK is 50%min, and supply of TC is limited.

The major players in global Glufosinate Ammonium market include Lier Chemical, Jiangsu Huifeng, etc. The top 2 players occupy about 60% shares of the global market. North America and China are main markets, they occupy about 90% of the global market. 95%TC is the main type, with a share about 90%. Herbicide is the main application, which holds a share about 75%.

The Global Glufosinate Ammonium Market Size was estimated at USD 379.00 million in 2022 and is projected to reach USD 817.13 million by 2029, exhibiting a CAGR of 11.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Glufosinate Ammonium market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Glufosinate Ammonium Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Glufosinate Ammonium market in any manner.

Global Glufosinate Ammonium Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Bayer CropScience

Lier Chemical

Zhejiang YongNong

Jiangsu Huifeng

Veyong

Jiangsu Huangma

Jiaruimi

Market Segmentation (by Type)

95%TC

50%TK

Market Segmentation (by Application)

Commercial Concrete

Pre-cast Concrete Units

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Glufosinate Ammonium Market

Overview of the regional outlook of the Glufosinate Ammonium Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors