DUBLIN, Mar. 04, 2014
/PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/cllvs5/glyphosate_market) has announced the addition of the "Concise Analysis of the International Glyphosate Market for Genetically Modified and Conventional Crops - Forecasts to 2019" report to their offering.
The global glyphosate market is expected to be driven by rising adoption of glyphosate tolerant GM crops and increasing demand for no tillage farming systems. However, stringent regulations, especially in Europe, and quickly evolving glyphosate resistant weeds could hamper the growth of glyphosate products. To counter above mentioned factors key players in the market are focusing on development of integrated weed management systems that contain a calculated mixture of various herbicides in the formulation to avoid dependence on one herbicide such as glyphosate. These systems ensure less or no tillage to avoid soil erosion and reduced use of agrochemical inputs, which would help farmers decrease costs and improve their margins.
Asia Pacific is the largest as well as the fastest growing market at a CAGR of 7% in terms of volume demand of glyphosate, between 2012 and 2019. Emerging countries such as China and India are leading the growth in this region. China emerged as a big exporter of low priced generic glyphosate formulations, after the expiry of Monsanto's patent over glyphosate outside the U.S. in 1991, accounting for around 30% of the global exports. Around 90% of China's glyphosate production is exported to various countries across the world. Manufacturers from China faced anti-dumping investigations in Europe and Australia for the low priced generic glyphosate formulations. Charges in Europe were dropped, while in Australia the matter remains unresolved.
Key Topics Covered:
2 Executive Summary
3 Glyphosate - Industry Analysis
4 Global Glyphosate Market: Application Segment Analysis
5 Glyphosate Market: Regional Analysis
6 Company Profiles
- Anhui Huaxing Chemical Industry Company
- BASF SE
- Bayer CropScience
- Dow AgroSciences LLC
- Jiangsu Good Harvest-Weien Agrochemical Company
- Monsanto Company
- Nantong Jiangshan Agrochemical & Chemicals
- Nufarm Limited
- SinoHarvest Corporation
- Syngenta AG
- Zhejiang Xinan Chemical Industrial Group Company
For more information visit http://www.researchandmarkets.com/research/cllvs5/glyphosate_market
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SOURCE Research and Markets