Outlook for China Glyphosate Industry

In order to figure out what factors driving up China's glyphosate price, CCM has done deep research on the glyphosate industrial chain. Through analysing glyphosate's production, raw materials, export, consumption, production technology and related policies, CCM will unfold the glyphosate market to you. From this report, you can not only obtain a large amount of market information but also find opportunities in China's glyphosate market. The output of glyphosate technical in China has been stable at about 600,000 tonnes in 2017–2024, and short-time tight supply can be seen frequently in China these years. How do those glyphosate producers seize opportunities and earn 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 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 2018–2024, those large glyphosate producers seized this opportunity and enjoyed a 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 by 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 sharply increased overall, with revenue in 2018 increasing by 51.2% YoY and net profit growing by 138.3% YoY. In 2021, Wynca Chemical acquired Hefei Xingyu Chemical Co., Ltd. and the variety of agrochemical technical and formulations increased, mainly including glyphosate, diuron, and various selective herbicides. Inner Mongolia Xingfa's 50,000 t/a glyphosate expansion project has been put into operation at the end of 2022, making Xingfa Group's glyphosate capacity expand to 230,000 t/a. Then what are those large producers and small producers of glyphosate in China doing when facing strict environmental inspections? In this report, the answer will be unfolded through the analysis of 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 idea about this question and may find more opportunities in the glyphosate industry in China. In this report, you will obtain the following information: - Key factors influencing China's glyphosate industry; - Key upstream products of glyphosate technical including glycine, DEA, IDAN, paraformaldehyde, and PMIDA; - Supply of glyphosate technical (capacity, output, by producer and by production route) in China; - Key producers of glyphosate technical in China; - Supply and demand of glyphosate formulations by specification in China; - China's export of glyphosate technical, various glyphosate formulations and PMIDA, by key destination and by key exporters, 2020–2024; - Price of glyphosate technical and future trend; - Production technology & technology level of glyphosate technical in China; - Breakdown of glyphosate consumption by crop in China, 2020–2024. To enquire about this report, please email econtact@cnchemicals.com or call 86-20-37616606.