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Global Glufosinate Market 2016: Industry Research, Trends and Volume Growth to 2022

09-12-2016 09:45 AM CET | Advertising, Media Consulting, Marketing Research

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Global Glufosinate Market 2016: Industry Research, Trends

Latest industry research report on: Glufosinate is a naturally occurring herbicide isolated from two species of Streptomyces fungi. It is widely used as a substitute of glyphosate and paraquat and can be used to control a wide range of weeds such as morning glories, hemp sesbania (Sesbania bispinosa), Pennsylvania smartweed (Polygonum pensylvanicum), and others. Glufosinate is also used as a crop desiccator to facilitate harvesting. Growing concern toward wide usage of agrochemicals in various crops has led to a shift toward bio-based solutions.

Broad weed spectrum and high efficacy are the major factors that are expected to drive the demand for glufosinate in the future. Use of glufosinate is considerably safe on crop plants when compared to other herbicides, and it can be used in combination with other herbicides, which makes it a lucrative option for both manufacturers and farmers. Toxicity in animals and flora & fauna is the only disadvantage of glufosinate, which is likely to hamper the growth of the market.

Complete Report Of Glufosinate Market : http://www.marketresearchstore.com/report/world-glufosinate-market-opportunities-and-forecasts-2014-71421

The glufosinate market is segmented on the basis of crop type, which includes cereals & grains, oilseeds & pulses, fruits & vegetables, and others. Geographically, it is categorized into four regions, namely, North America, Europe, Asia-Pacific, and LAMEA, which are further segmented by major countries in each region. In the year 2015, North America occupied a major share of the market followed by Asia-Pacific and Europe.

Major market players adopted capacity expansion, product launches, and collaborations as their key strategies over the last three years. In the year 2013, Bayer CropScience invested around $500 million in the U.S. to double their production capacity of glufosinate (Liberty) herbicides. The companies profiled in this report include Bayer CropScience, Lier Chemical Company Ltd., Zhejiang Yongnong Chem. Ind. Co., Ltd., UPL Ltd., Hebei Veyong Bio-chemical Co., Ltd., and others.

Get Free Sample Report Of Glufosinate Market : http://bit.ly/2cjxK7H

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