Market Research Reports : Hexa Research Glyphosate Market | Page 2

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Using this product in a large quantity can lead to an increase in immunity in the weeds. Additionally, it can increase the toxicity related risks can also challenge the growth of the glyphosate industry. The market is bifurcated into applications and regions. Browse Related Category Reports @ https://www.hexaresearch.com/researchcategory/agrochemicals-and-fertilizers-market Applications comprise of conventional crops and genetically modified. The conventional crops segment dominated the demand accounting to over 52% of the total consumption in 2014. However, the genetically modified crop based application can exhibit the highest gain over the forecast period. Regions are divided into North America, Europe, Asia Pacific, and the RoW (Rest of the World). Asia Pacific held the largest market in 2013. It is expected to continue doing so, over the forecast period, owing to the rapid adoption of the product in countries like I ndia and China. North America can exhibit substantial growth over the eight years. The growth can be attributed to the awareness of the increase in agricultural yield. However, European glyphosate industry held around 15% of market share in terms of total volume, in 2014. However, it is likely to show less demand due to the unfavorable regulations of the region. Zhejiang Xinan Chemical Industrial Group Company Limited, Monsanto, BASF SE, and SinoHarvest Corporation are some of the major competitors of the global glyphosate market. Monsanto is leading the worldwide market, owing to the role in the introduction and adoption of crops that are glyphosate-tolerant. The players engage in mergers and acquisitions as a part of their strategic activities. Browse Full Report @ https://www.hexaresearch.com/research-report/glyphosateindustry Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/