Glufosinate-ammonium is basically an herbicide utilized to control the growth of undesired plants, including weeds, in more than 100 crops globally. Glufosinate mainly contains an active ingredient, phosphinothricin, which further prevents the growth of plants by blocking the key enzyme production, which disrupts food production in plants and ends up killing it. This unique mode of action, mainly against weeds, make glufosinate one of the most promising herbicides among a broad spectrum of other herbicides.
MARKET DYNAMICS
The glufosinate-ammonium market has witnessed significant growth owing to factors such as wider application in herbicides, fungicides, desiccant, and others. Glufosinate offers unique and straightforward weed control in a broad range of crops and, at the same time, preserves a balance between the environment and economy. Additionally, glufosinate is only effective when it is in contact with the plant and only affects that part of the plant where it is applied. Reusing an herbicide makes the weeds resistant, which threatens the productivity of desired crops. The unique mode of action of glufosinate makes it ideal for herbicide as an alternate option in rotation with other herbicides. However, the availability of substitute products in the market may hamper the growth of the glufosinate-ammonium market. Nevertheless, with the steady growth in the agriculture industry and agrochemical industry, there are new opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Glufosinate-Ammonium Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the glufosinate-ammonium market with detailed market segmentation by crop type, application, formulation type, and geography. The global glufosinate-ammonium market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading glufosinate-ammonium market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global glufosinate-ammonium market is segmented on the basis of crop type, application, and formulation type. On the basis of crop type, the glufosinate-ammonium market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. The glufosinate-ammonium market on the basis of the application is classified into herbicides, fungicides, desiccant, and others. On the basis of formulation type, global glufosinate-ammonium market is bifurcated into aqueous suspension, liquid, and suspension concentrates, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global glufosinate-ammonium market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The glufosinate-ammonium market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the glufosinate-ammonium market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the glufosinate-ammonium market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global glufosinate-ammonium market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from glufosinate-ammonium market are anticipated to lucrative growth opportunities in the future with the rising demand for glufosinate-ammonium in the global market. Below mentioned is the list of few companies engaged in the glufosinate-ammonium market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the glufosinate-ammonium market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABI Chemicals
- AK Scientific
- Bayer CropScience
- Conier Chem
- Dow AgroSciences
- Monsanto Company
- Nufarm US
- Shandong Weitian Fine Chemical Technology
- Syngenta AG
- YongNong BioSciences
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