The glyphosate market was valued at USD 6.51 billion in 2015, and is projected to grow at a CAGR of 6.32%, to reach USD 9.91 billion by 2022.
The market is primarily driven by factors such as commercialization of genetically modified herbicide tolerant crops. South America is projected to be the fastest-growing region due to the increase in adoption of genetically engineered crops in countries such as Brazil and Argentina. One of the major restraints in the growth of the glyphosate market is the ban on the production of GM crops in some countries of Europe.
Asia-pacific is projected to be the fastest-growing market for the period considered for this study, due to the increase in adoption of advanced crop protection technologies by the farmers. In the field of production of GM crops, after the success of BT cotton in India, field testing of some GE food crops has started. In 2012, China issued the pesticide industry policy and is encouraging innovations in the field.
- ADAMA Agricultural Solutions Ltd.
- Bayer AG
- E.I. Du Pont De Nemours and Company
- Monsanto Company
- Nantong Jiangshan Agrochemical & Chemical, Inc
- Nufarm Limited
- Syngenta AG
- The DOW Chemical Company
- United Phosphorus Limited (UPL)
Zhejiang Xinan Chemical Industrial Group Co.,Ltd
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Glyphosate Market, By Crop Type
8 Glyphosate Market, By Application
9 Glyphosate Market, By Form
10 Glyphosate Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/sztc84/glyphosate_market