North America Glufosinate Market

North America Glufosinate Market Size (2024 to 2029)

North America's glufosinate market size is expected to reach USD 935 million in 2024 and is anticipated to reach USD 1479.31 million by 2029, witnessing a CAGR of 9.61% from 2024 to 2029.

The significant growth rate is attributed to the high potential for the North American glufosinate market owing to factors like glufosinate’s wide weed spectrum and high efficacy. Glufosinate also finds varied applications in both agricultural as well as non-agricultural sectors. 

Glufosinate, which is generally used in weed control in various crop types all over North America, is a type of herbicide with high efficiency. Farmers rely on glufosinate due to its assistance in providing a high degree of crop safety and also its vast effect area, avoiding the requirement for different herbicides for various kinds of weeds on a given crop.

NORTH AMERICA GLUFOSINATE MARKET DRIVERS AND RESTRAINTS

The growth in the demand for Glufosinate as a substitute to paraquat as well as glyphosate has led to the Glufosinate market to show huge potential over the recent years. Other important factors driving the market are herbicide contribution in securing food bowls, steady expansion of herbicide-tolerant crops usage, GM crop acceptance, and approval trend. The market also witnesses some restraints and challenges which are responsible for hindering it from showing even higher growth. Some of the major ones include stringent government regulations, toxic effects of Glufosinate.

This research report on the North American glufosinate market is segmented and sub-segmented into the following categories.

North America Glufosinate Market Analysis By Crop Type

• Conventional crops
• Genetically modified crops

North America Glufosinate Market Analysis By Form

• Liquid
• Dry form

North America Glufosinate Market Analysis By Application

• Agricultural
• Non-agricultural products

COUNTRY ANALYSIS

• United States
• Canada

KEY PLAYERS IN THE NORTH AMERICAN GLUFOSINATE MARKET

Some of the major companies dominating the North America glufosinate market include Bayer AG, E. I. du Pont de Nemours and Company, Syngenta AG, The Dow Chemical Company, Zhejiang Yongnong Chem. Ind. Co. Ltd., Nufarm Ltd, Jiangsu Huangma Agrochemicals Co Ltd., Hebei Veyong Bio-Chemical Co Ltd., UPL and Jiangsu Seven continent Green Chemical Co Ltd.