The Asia-Pacific Glufosinate Market is valued at USD 381 Million in 2021 and expected to be growing at a CAGR of 9.12%, with a projected market of USD 600 Million in 2026. The market shows an enormous potential in the forecast period 2022 - 2027. As a result of factors like glufosinate’s broad weed spectrum and high efficacy, the marker is likely to gain momentum. Glufosinate finds varied applications in both non-agricultural and agricultural sectors.
Glufosinate is a form of herbicide that has high effectiveness and is generally used for weed control in different crops types all over the Asia-Pacific region. Farmers depend on Glufosinate because of its high degree of crop safety and vast area of effect avoiding the need for different types of herbicides for different kind of weeds in a given crop.
Drivers and Restraints:
The increase in the demand for Glufosinate as a substitute to paraquat and glyphosate has led to the Glufosinate market to exhibit immense potential recently. Other key factors driving the Glufosinate market include, herbicide contribution in securing food bowl, GM crop acceptance and approval trend and steady expansion of herbicide tolerant crops usage. The market also faces some restraints and challenges which hold it back from showing even higher growth. Some of the important ones include, stringent government regulations, toxic effects of Glufosinate.
Genetically modified crops
Geographical Analysis:
Based on geography, the Asia-Pacific market is analysed under various regions namely
Key Players:
Some of the major companies dominating the Glufosinate market include Bayer AG, The Dow Chemical Company, E. I. du Pont de Nemours and Company, Syngenta AG, Jiangsu Huangma Agrochemicals Co Ltd., Nufarm Ltd, UPL, Jiangsu Seven continent Green Chemical Co Ltd., Hebei Veyong Bio-Chemical Co Ltd., and Zhejiang Yongnong Chem. Ind. Co. Ltd.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Crop Type
5.1.1 Introduction
5.1.2 Genetically Modified Crops
5.1.3 Conventional Crops
5.1.4 Y-o-Y Growth Analysis, By Crop Type
5.1.5 Market Attractiveness Analysis, By Crop Type
5.1.6 Market Share Analysis, By Crop Type
5.2 Form
5.2.1 Introduction
5.2.2 Liquid
5.2.3 Dry
5.2.4 Y-o-Y Growth Analysis, By Form
5.2.5 Market Attractiveness Analysis, By Form
5.2.6 Market Share Analysis, By Form
5.3 Application
5.3.1 Introduction
5.3.2 Agricultural
5.3.2.1 Grains & Cereals
5.3.2.2 Oilseeds & Pulses
5.3.2.3 Fruits & Vegetables
5.2.4 others
5.3.3 Non-Agricultural
5.3.4 Y-o-Y Growth Analysis, By Application
5.3.5 Market Attractiveness Analysis, By Application
5.3.6 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Crop Type
6.1.3.3 By Form
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Crop Type
6.1.4.3 By Form
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Crop Type
6.1.5.3 By Form
6.1.5.4 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Bayer AG
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 The Dow Chemical Company
8.3 E. I. du Pont de Nemours and Company
8.4 Syngenta AG
8.5 UPL
8.6 Nufarm Ltd
8.7 Jiangsu Huangma Agrochemicals Co Ltd
8.8 Jiangsu Sevencontinent Green Chemical Co Ltd
8.9 Hebei Veyong Bio-Chemical Co Ltd
8.10 Zhejiang Yongnong Chem. Ind. Co. Ltd
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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