Market Research Report
Outlook for China Glyphosate Market 2021-2025
|Outlook for China Glyphosate Market 2021-2025|
Published: March 19, 2021
CCM Data & Business Intelligence
Content info: 112 Pages
Delivery time: 1-2 business days
In order to figure out what factors driving up China's glyphosate price, CCM has done deep research on glyphosate industrial chain. Through analyzing on glyphosate's production, raw materials, export, consumption, production technology and related policies, CCM will unfold glyphosate market to you. From this report, you can not only obtain large amount of market information, but also find opportunities in China's glyphosate market.
Due to the strict environmental inspections, lots of glyphosate producers in China have suspended their production, leading to the declining capacity of glyphosate in China. The output of glyphosate technical in China has been stable at about 600,000 tonnes in 2020, and the operating rate kept heightening in 2016-2020. Nevertheless, short-time tight supply can be seen frequently in China these years. How are those glyphosate producers seize the opportunities and earn as much as market share during the period of short-time tight supply? You can find the answer to this question in this report.
Strict environmental inspections have been carried out frequently in China nowadays. China's glyphosate producers are facing with not only challenges from their competitors, but also threats from policies. Although some glyphosate producers have orders from customers, they fail to produce glyphosate to meet the market demand because of pollution problems in glyphosate production. Currently, hundreds of orders have flown into large glyphosate producers as those small producers are not strong enough to take those orders.
In 2018-2019, those large glyphosate producers seized this opportunity and enjoyed good performance in their business. Hubei Xingfa Chemicals Group Co., Ltd. purchased 100% shares of Inner Mongolia Tenglong Chemical Co., Ltd in March 2018, and its revenue of glyphosate and related products in 2018 increased 34.6% YoY. Nantong Jiangshan Agrochemical and Chemicals Co., Ltd.'s revenue surged by 21.9% YoY in 2019. In 2018, Zhejiang Wynca Chemical Group Co., Ltd. finished the moving of its glyphosate plant. Its sales overall sharply increased, and the revenue from all sources of the company in 2018 increased 51.2% YoY. Furthermore, Wynca Chemical achieved 138.3% net profit growth YoY in 2018. Then what are those large producers and small producers of glyphosate in China doing when facing with strict environmental inspections? In this report, the answer will be unfolded through the analysis on production, technology and policy.
And what's the trend of China's glyphosate industry in the future? After reading the following topics in the report, you will have a clearer ideal to this question and may find more opportunities in the glyphosate industry in China.
In this report, you will obtain the following information: