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(EuropeNewsWire.Net, October 12, 2017 ) Europe Glufosinate Market which is currently valued at USD 0.28 billion in 2016 is projected to reach USD 0.42 Billion by 2021 growing at a CAGR of 8.57% showing huge potential in the forecast period. The market is expected to gain momentum owing to the factors like glufosinates broad weed spectrum and its high efficacy. Glufosinate has varied applications in both agricultural and non-agricultural sectors.
Glufosinate, a type of herbicide with high effectiveness that is generally used for weed control in different types of crops is being widely used all over Europe. Farmers have been relying on Glufosinate for its vast area of effect and high degree of crop safety avoiding the need for different herbicides for different forms of weed on a given crop.
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The rising in the demand for Glufosinate as a substitute to glyphosate and paraquat has led to the Glufosinate market ganing enormous potential in the past years. The factors like the herbicide contribution in securing food bowl, steady expansion of herbicide tolerant crops usage, GM crop acceptance and approval trend are also favouring the Europe Glufosinatte market. However, the market is hindered by a few restraints and challenges which held it back from showing even higher rate of growth. Some of the important ones includes stringent government regulations and toxic effects resulting from the usage of Glufosinate. Moreover, the European market banned the business of Glufosinate resulting in the fall of market in Europe.
The Europe market for Glufosinate is segmented by Crop Type, Form and Application. By crop type, the market in segmented into two parts namely, genetically modified crops and conventional crops. The Genetically modified crops dominated the Glufosinate market under segmentation by crop type. Based on form, the market is segmented into liquid and dry form. Based on application, the market is segmented as agricultural and non-agricultural. The agricultural segmented is further fragmented into fruits & vegetables, grains & cereals, oilseeds & pulses and others.
Based on geography, the Europe market is analysed under various regions namely U.K, Germany, Spain, Italy and France.
Key points from TOC:
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Leaders' Analysis
Market Outlook and Investment Opportunities
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Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the marke
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Some of the major companies dominating the Glufosinate market include Bayer AG, Nufarm Ltd, E. I. du Pont de Nemours and Company, The Dow Chemical Company, Syngenta AG, UPL, Jiangsu Huangma Agrochemicals Co Ltd., Jiangsu Seven continent Green Chemical Co Ltd., Zhejiang Yongnong Chem. Ind. Co. Ltd, Hebei Veyong Bio-Chemical Co Ltd.
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