Skip to main content

Present Scenario and Growth Prospects of Glyphosate Market by 2020

Genetically modified or GM crops have experienced high demand as a result of benefits offered such as disease resistance and high yield. The usage of glyphosate in major GM crops has increased over the last few years. This is projected to boost the global glyphosate market during the forecast period.

The Global Glyphosate Market size is anticipated to reach USD 8.50 billion by 2020, according to a report by Grand View Research, Inc.


Increased demand for minimum tillage and no-tillage systems is also likely to spur the global market growth over the coming years. However, strict regulations regarding the usage of glyphosate due to various environmental and health concerns may have a negative impact on market growth.

To Know More About Glyphosate Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/glyphosate-industry

Top Players of Glyphosate Market:

Major industry participants include Monsanto, Syngenta, Nufarm, Dow AgroSciences and DuPont. Other companies mainly include BASF, Bayer and a large number of Chinese manufacturers.

Regional Analysis of Glyphosate Market:

Global glyphosate demand was over 700 kilo tons in 2013, which is expected to exceed 1,000 kilo tons by 2020. Conventional crops dominated global market volume in 2013; glyphosate is used two to three weeks before sowing crops such as wheat, sorghum, sunflower, etc. This aids in significant tillage reduction along with efficient weed control. GM crops are expected to witness high growth over the forecast period, primarily due to growing adoption in Latin America, China and India.

Asia Pacific was the largest regional market in 2013; North America accounted for over 25% of the global market volume in the same year. GM crop adoption coupled with arable land availability in China and India is expected to drive the Asia Pacific glyphosate market over the next six years.

Inquire about Glyphosate Market with Our Experts @ http://bit.ly/2IndkcE

Comments

Popular posts from this blog

U.S. Liquid Waste Management Market Segments and Key Trend till 2025

Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period. The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period. A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, whi...

Triethylene Glycol (TEG) Market with Current Trends Analysis -2022

Increasing natural gas output is expected to be one of the key factors driving TEG demand over the forecast period. Rise in gas production is expected to have a two-fold impact on the TEG market providing abundant feedstock for TEG manufacture on the supply side and utilizing TEG for gas de-hydration on the demand side. Aforementioned factor is anticipated to augment market growth over the forecast period. The Global Triethylene Glycol (TEG) Market is expected to reach USD 718.3 million by 2022, according to a new study by Grand View Research, Inc. Use of TEG in natural gas dehydration accounted for over 55% of global TEG volume in 2014. The segment is also expected to witness fastest growth at an estimated CAGR of over 3.5% from 2015 to 2022. High consumption of TEG in natural gas dehydration can be attributed to growing demand from developed nations including Japan, U.S., EU, Russia and Qatar. Moreover, improving infrastructure for gas import, transport and utilization in ...

Specialty Ingredients Market Figures and Analytical Insights 2019 – 2022

Shift in consumer focus towards organic products coupled with growing demand for anti-ageing and environmental defense skin care products is expected to drive the global specialty ingredients market over the forecast period. The Global Specialty Ingredients Market is expected to reach USD 141.12 billion by 2022, according to a new report by Grand View Research, Inc. Increasing preference for healthy and nutritional diet and enhancing growth of high quality pharmaceutical drugs is also expected to have a positive influence on the market growth. Food and beverages dominated the global industry on account of high demand for various beverages, supplements and nutritional dietary products across the globe. Food & beverage industry is expected to experience advancement owing to increasing demand for organic items coupled with high-quality and customized requirements by population over the forecast period. Changing lifestyle has also enhanced preference for nutritional goods whic...