Global glyphosate market in 2017 is expected to reach 1.35 million tons scale

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(Free-Press-Release.com) October 20, 2011 -- According to the research firm Global Industry Analysts analysis, the global glyphosate market in 2017 is expected to reach 135 million tons, glyphosate-resistant GM crops planted a large number of no-tillage agriculture have been reduced tillage farming systems of a large number of promotion of biofuels crop cultivation, and glyphosate, the product itself is irreplaceable, fine chemicals in the next few years to promote the growth of this market.

Although glyphosate has become a generic pesticide, is still the mainstay of the global crop protection market, still the world's largest agricultural product sales in 2009, accounting for a quarter of the global herbicide market, CAS 3391-83-1 with China represented by a large number of competing generic pesticides providers compete to make this a very intense form of competition in the industry.

Recently, excess capacity, price diving to the industry brought no small crisis, global economic downturn has led to weak demand for the products let the problem more severe, but the future of the industry may not be so pessimistic, in the last two years downturn after 2011, demand has started to rise, rise to the emergence of signs of the market, the price point of view from the end of 2010 has begun to rebound, of course, partly because prices of raw materials costs.

From the geographical point of view, the Asia-Pacific region will double-digit annual economic growth driven by the growth of this market, and become its largest market, followed by the U.S. market, Musk R-1 from the production point of view, China will become the largest supplier in 2008 years, China has produced a third of the global glyphosate, 80% of glyphosate produced in China are exported to more 95 countries worldwide. Source: www.mhcfm.com

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