Los Angeles, CA -- (SBWire) -- 07/03/2019 --Glyphosate is a non-selective herbicide, meaning an application will kill most plants. It does this by preventing the plants from making three amino acids (components of proteins and vitamins) that are required for growth.
In the past few years, more and more companies entered into glyphosate industry, the current demand for glyphosate product is relatively low and the supply is excess. Ordinary glyphosate products on the market do not sell well; Price of glyphosate is lower than past years. The signal of market price change indicates the trend in the glyphosate industry growth
Currently, the production technology of glyphosate is relatively low; the production cost is relatively high. In order to gain larger market share and higher profits, the glyphosate enterprises in China should do more work on the production technology on glyphosate.
The global Glyphosate market was 4230 million US$ in 2018 and is expected to 4950 million US$ by the end of 2025, growing at a CAGR of 2.3% between 2019 and 2025.
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This report studies the Glyphosate market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Glyphosate in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Monsanto
Zhejiang Jinfanda Biochemical
Tongda Agro-Chemical
Wynca
Jiangshan Agrochemical & Chemical
Good Harvest-Weien
Jiangsu Yangnong Chemical
Hubei Sanonda
Rainbow Chemical
Hengyang Roymaster
CAC Group
Huaxing Chemical
Jingma
Beier Group
By the product type, the market is primarily split into
IDA Process
Glycine Process
By the end users/application, this report covers the following segments
Soluble Liquid Glyphosate Herbicide
Soluble Powders Glyphosate Herbicide
Soluble Granules Glyphosate Herbicide
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Glyphosate Market Size, Status and Forecast by Product, Application, Manufacturer, 2019-2025