Latest industry research report on Glufosinate Market. Glufosinate is a naturally occurring herbicide isolated from two species of Streptomyces fungi. It is widely used as a substitute of glyphosate and paraquat and can be used to control a wide range of weeds such as morning glories, hemp sesbania (Sesbania bispinosa), Pennsylvania smartweed (Polygonum pensylvanicum), and others. Glufosinate is also used as crop desiccators to facilitate harvesting.
Growing concern toward wide usage of agrochemicals in various crops has led to a shift toward bio-based solutions. Broad weed spectrum and high efficacy are the major factors that are expected to drive the demand for glufosinate in the future.
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Use of glufosinate is considerably safe on crop plants when compared to other herbicides, and it can be used in combination with other herbicides, which makes it a lucrative option for both manufacturers and farmers. Toxicity in animals and flora & fauna is the only disadvantage of glufosinate, which is likely to hamper the growth of the market.
GLUFOSINATE MARKET SEGMENT:
By Crop Type
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