市场调查报告书
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草铵膦的全球市场预测(~2028年): 形状,用途,製剂类型,终端用户,各地区的分析Glufosinate Market Forecasts to 2028 - Global Analysis By Form (Dry, Liquid), Application (Herbicides, Defoliant, Desiccant), Formulation Type, End User, and By Geography |
全球草铵膦的市场规模在2021年估算为21亿4,000万美金,在预测期间内预计将以11.2%的年复合成长率扩大,2028年之前达到45亿1,000万美元。
这份报告提供全球草铵膦市场调查,提供市场的推动因素与阻碍因素,市场机会,COVID-19影响,各市场区隔的市场分析,竞争情形,主要企业的简介等系统性资讯。
According to Stratistics MRC, the Global Glufosinate Market is accounted for $2.14 billion in 2021 and is expected to reach $4.51 billion by 2028 growing at a CAGR of 11.2% during the forecast period. Glufosinate is safe to use herbicide, which control the growth of important weeds and is applied to immature plants at their early development stage to retrieve better results. Farmers rely on glufosinate, as it ensures a high degree of crop safety; it only affects the parts of the plant where it is applied.
Glufosinate plays a significant role in providing crops with the nutrients they require to develop and improve crop yield, attributable to which it is often utilized during crop production. With the total population continually increasing, enough crops should be grown every year to feed everyone, which is the reason crop production is increasing over the world. Agricultural growth has increased dramatically in recent years, although the most of this growth has been driven by expanded yield per unit area rather than increasing farmed area. To further develop the crop yield within the same area of arable lands and provide crops with proper nutrients the demand for glufosinate will increase, which will drive the market.
Glufosinate is an organophosphorus chemical that is predominantly a foliar-active herbicide with low systemic activity and has been related to a variety of human health and environmental effects. Glufosinate can cause a range of impacts from substantial, but temporary eye injury, skin irritation, and respiratory failure, to death through dermal absorption or ingestion. Any contact with the drug can result in negative consequences. These effects might differ relying on glufosinate formulations and technical grade glufosinate. Thus, these acute hazards related to glufosinate is restraining the glufosinate market.
Governments are investing heavily in agricultural projects and investments since it is one of the best methods to improve environmental sustainability. The new procedures aim to increase agricultural exports in the next few years, assuming a stable trade policy regimen. Consequently, the agriculture sector is extended in various places because of the government's various agricultural programs. Furthermore, with the rising agricultural sector, the demand for glufosinate will also increase, which will provide ample opportunities for market growth.
The agricultural segment is estimated to have a lucrative growth due to the growing yield of agricultural crops such as corn, soybean, beans, canola, sugar beets, sugar cane, and sweet potato that are genetically modified to tolerate glufosinate. The increasing consumption and the presence of greater yield in most of the countries will positively contribute to the application segment.
The liquid segment is anticipated to witness the fastest CAGR growth during the forecast period owing to the increasing need for low-temperature stability in various industrial and non-industrial verticals as it has a long process of usage. Liquid glufosinate is easy to use and is increasingly employed in agricultural areas for weed control whilst having a minimal direct effect on animals.
Asia Pacific is projected to hold the largest market share during the forecast period due to rise in consumer base in the region. The global glufosinate herbicides are majorly used in oilseeds & pulses and cereals & grains crop types. Countries contributing majorly to the global glufosinate market in Asia-Pacific are China, India, and South Korea.
North America is projected to have the highest CAGR over the forecast period owing to increasing acreage under glufosinate-tolerance crops, and resistance development to glyphosate herbicide products, alleviating popularity of bio-based agro solutions and the higher yield of glufosinate-tolerance crops in countries of the North American region. This has led to the rise in the number of research activities and programs in the region.
Some of the key players profiled in the Glufosinate Market include: Zhejiang Yongnong Chem. Ind. Co. Ltd., UPL, The Dow Chemical Company, Syngenta AG, Nufarm Ltd, Limin Chemical Co., Ltd, Jiangsu Huangma Agrochemicals Co, Ltd., Hebei Veyong Bio-Chemical Co., Ltd., E. I. du Pont de Nemours and Company and Bayer AG.
In September 2020, BASF has acquired the proprietary Glu-L™ technology for L-glufosinate ammonium from AgriMetis™. With this BASF Agricultural Solutions will offer its customers an even more efficient product to protect against unwanted weeds with an improved formulation.
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