Europe Glufosinate Market Research Report – Segmented By Crop Type, Form Type, Application and Country (United Kingdom, France, Spain Germany And Italy, Russia, Sweden, Denmark, Switzerland, Netherlands And Rest of Europe) – Industry Analysis on Size, Share, Trends, COVID-19 Impact And Growth Forecast From 2024 to 2029

Updated On: June, 2024
ID: 1722
Pages: 145

Europe Glufosinate Market Size (2023 to 2028)

The European glufosinate market is currently valued at USD 412.56 billion in 2023 and is projected to reach USD 622.35 billion by 2028 growing at a CAGR of 8.57% during the forecast period.

Glufosinate, a type of herbicide with high effectiveness that is generally used for weed control in different types of crops is being widely used all over Europe. Farmers have been relying on Glufosinate for its vast area of effect and high degree of crop safety avoiding the need for different herbicides for different forms of weed on a given crop.

The European glufosinate market is expected to gain momentum owing to factors like glufosinate’s broad weed spectrum and its high efficacy. Glufosinate has varied applications in both agricultural and non-agricultural sectors. The rising demand for glufosinate as a substitute for glyphosate and paraquat has led to the glufosinate market gaining enormous potential in the past few years. Factors like the herbicide contribution in securing food bowls, steady expansion of herbicide-tolerant crop usage, GM crop acceptance, and approval trend are also favoring the Europe Glufosinate market.

However, the market is hindered by a few restraints and challenges that hold it back from showing an even higher rate of growth. Some of the important ones include stringent government regulations and toxic effects resulting from the usage of Glufosinate. Moreover, the European market banned the business of Glufosinate resulting in the fall of the market in Europe.

This market research report on the European glufosinate market is segmented and sub-segmented into the following categories.

Europe Glufosinate Market – By Crop Type:

  • Genetically Modified Crops
  • Conventional Crops

 Europe Glufosinate Market – By Form:

  • Liquid
  • Dry form

Europe Glufosinate Market – By Application:

  • Agricultural
  • Non-agricultural

Europe Glufosinate Market – By Country:

  • United Kingdom
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Rest of Europe

KEY MARKET PLAYERS:

Some of the major companies dominating the Glufosinate market include Bayer AG, Nufarm Ltd, E. I. du Pont de Nemours and Company, The Dow Chemical Company, Syngenta AG, UPL, Jiangsu Huangma Agrochemicals Co Ltd., Jiangsu Seven Continent Green Chemical Co Ltd., Zhejiang Yongnong Chem. Ind. Co. Ltd, Hebei Veyong Bio-Chemical Co Ltd.

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Frequently Asked Questions

What is the current size of the Glufosinate Market in Europe?

As of the latest data, the Europe Glufosinate Market is valued at USD 412.56 billion in 2023.

Which European countries contribute significantly to the Glufosinate Market?

Germany and France are the major contributors to the glufosinate market.

What initiatives are driving sustainable practices in the Glufosinate Market in the Netherlands?

The Netherlands focuses on sustainable agriculture initiatives, encouraging the adoption of glufosinate with low environmental impact and promoting integrated weed management.

what segments are covered in the Glufosinate Market in Europe?

It is segmented by Crop Type, Form Type, And Application are covered in the glufosinate Market in Europe.

who are the key market players involved in the Glufosinate Market in Europe?

Include Bayer AG, Nufarm Ltd, E. I. du Pont de Nemours and Company, The Dow Chemical Company, Syngenta AG, UPL, Jiangsu Huangma Agrochemicals Co Ltd., Jiangsu Seven Continent Green Chemical Co Ltd., Zhejiang Yongnong Chem. Ind. Co. Ltd, Hebei Veyong Bio-Chemical Co Ltd.

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