Outlook for China Glyphosate Industry 2023–2027
Description
In order to figure out what factors driving up China's glyphosate price, CCM has done deep research on the glyphosate industrial chain. Through analyzing 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.
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 2022, and the operating rate kept heightening in 2017–2022. Nevertheless, short-time tight supply can be seen frequently in China these years. How are those glyphosate producers seize the 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 2018–2022, 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 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. 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:
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 2022, and the operating rate kept heightening in 2017–2022. Nevertheless, short-time tight supply can be seen frequently in China these years. How are those glyphosate producers seize the 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 2018–2022, 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 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. 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, 2020–2022;
- Price of glyphosate technical and future trend;
- Production technology & technology level of glyphosate technical in China;
- Breakdown of glyphosate consumption by crop in China, 2018–2022.
Table of Contents
87 Pages
- 1 Executive summary
- 2 Methodology
- 3 Factors influencing China's glyphosate industry
- 3-1 Economic environment
- 3-2 Government policy
- 3-3 Global demand
- 3-4 Entry barriers of glyphosate industry
- 4 Glyphosate upstream industries
- 4-1 Key raw materials & intermediates of glyphosate
- 4-2 Glycine
- 4-3 IDAN
- 4-4 DEA
- 4-5 Paraformaldehyde
- 4-6 PMIDA
- 4-7 Impacts of raw materials on glyphosate industry
- 5 Glyphosate supply
- 5-1 Glyphosate registration situation
- 5-2 Glyphosate technical
- 5-2-1 Total supply
- 5-2-2 Supplier
- 5-2-3 Production by region
- 5-2-4 Production by production route
- 5-3 Glyphosate formulations
- 5-3-1 Overview
- 5-3-2 Introduction to specific formulations
- 5-3-3 China's glyphosate formulation trend and its impacts on global market
- 5-4 Forecast on glyphosate supply in the next five years
- 6 Trade analysis
- 6-1 Trade position in the world
- 6-2 Trade barriers involving Chinese glyphosate
- 6-3 Export situation of PMIDA and glyphosate
- 6-4 Chinese glyphosate flow
- 7 Price
- 7-1 Price changes in the past and key factors
- 7-2 Price forecast, 2023–2027
- 8 Production technology & technology level
- 8-1 Introduction of AEA pathway
- 8-2 Introduction of DEA route
- 8-3 Introduction of IDAN route
- 8-4 Comparison of different pathways and development trend
- 9 Demand for glyphosate
- 9-1 Overview of China's glyphosate consumption
- 9-2 Position and market size of glyphosate in herbicide industry
- 9-3 Glyphosate application in China
- 9-3-1 By specific formulation
- 9-3-2 By crop
- 9-4 Forecast on glyphosate demand in the next five years
- 10 Profiles of key glyphosate technical producers
- 10-1 Fuhua Tongda Chemical Co., Ltd. & Nantong Jiangshan Agrochemical & Chemicals Co., Ltd.
- 10-2 Hubei Trisun Chemicals Co., Ltd.
- 10-3 Zhejiang Wynca Chemical Industrial Group Co., Ltd.
- 10-4 Jiangsu Good Harvest-Weien Agrochemical Co., Ltd.
- 10-5 Leshan Hebang Agricultural Technology Co., Ltd.
- 10-6 Jiangsu Yangnong Chemical Co., Ltd.
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