High Concentration Glufosinate Ammonium

High Concentration Glufosinate Ammonium Market Outlook

The global high concentration glufosinate ammonium market is projected to reach approximately USD 1.4 billion by 2035, growing at a CAGR of about 4.1% during the forecast period from 2025 to 2035. This growth can be attributed to increasing demand for effective herbicides in modern agriculture, driven by the need for sustainable farming practices and higher crop yields. The rise in pest resistance against traditional herbicides further propels the adoption of glufosinate ammonium as a preferred alternative due to its broad-spectrum efficacy and reduced environmental impact. Additionally, the growing trend towards organic farming and the need for non-residual herbicides are acting as catalysts for market expansion in various regions. As agricultural practices continue to evolve, the strategic positioning of glufosinate ammonium in various applications ensures its steady growth within the global agrochemical market.

Growth Factor of the Market

The growth of the high concentration glufosinate ammonium market can be attributed to several factors, including the increasing prevalence of resistant weed species that threaten crop productivity. Farmers are increasingly turning to glufosinate ammonium due to its efficacy in controlling a wide variety of problematic weeds, thus enhancing overall crop performance. Furthermore, the rise in precision agriculture, which emphasizes the use of advanced technologies and practices to optimize crop yields while minimizing environmental impact, has contributed significantly to the adoption of this herbicide. Additionally, the escalating demand for organic food products is prompting farmers to opt for herbicides that align with organic standards, and glufosinate ammonium fits this criterion due to its minimal residual activity. Regulatory support and innovation in product formulations are also driving market growth, as manufacturers focus on developing more effective and safer herbicide solutions tailored to the needs of modern agriculture.

Key Highlights of the Market

• The market is experiencing significant growth due to rising demand for high-efficiency herbicides in agriculture.
• Technological advancements in agricultural practices are promoting the adoption of glufosinate ammonium.
• Increasing resistance of weeds to conventional herbicides is driving the need for alternative solutions.
• The trend towards organic farming is enhancing the appeal of glufosinate ammonium as an environmentally friendly option.
• Regulatory frameworks are evolving, creating opportunities for new formulations and applications of glufosinate ammonium.

By Product Type

Liquid Formulation:

Liquid formulations of glufosinate ammonium are favored for their ease of application and effectiveness. They allow for better coverage and absorption by plants compared to solid forms, ensuring a rapid and thorough action against targeted weeds. The liquid form is particularly advantageous for large-scale agricultural operations where speed and efficiency are paramount. Its compatibility with various spray equipment enhances its appeal among farmers looking for convenient and effective weed control solutions. This formulation type is often mixed with adjuvants to enhance its performance under different environmental conditions, leading to a growing preference for liquid formulations in the market.

Powder Formulation:

Powder formulations of glufosinate ammonium are recognized for their versatility and stability. They are often used in formulations where longer shelf life and ease of transport are essential factors. The solid nature of powder formulations allows for precise dosage and maximum effectiveness, particularly in specific agricultural setups. This type can be easily incorporated into soil or mixed with water for application, offering flexibility to farmers based on their unique needs. As agricultural practices continue to diversify, powder formulations are gaining traction among users who seek tailored solutions for their herbicide needs.

Emulsifiable Concentrate:

Emulsifiable concentrates are highly concentrated formulations that mix well with water to create a stable emulsion. This form is particularly advantageous for farmers as it allows for the effective delivery of active ingredients while minimizing environmental residue. The emulsifiable concentrate form is known for its excellent wetting properties, which enhance the herbicide's ability to penetrate plant surfaces and reach targeted areas, resulting in superior weed management. Furthermore, the reduced volume required for application compared to other formulations is appealing for large-scale users aiming to optimize their operational efficiency.

Suspension Concentrate:

Suspension concentrates are gaining popularity due to their ability to remain stable in water without settling over time. This formulation type allows for easy mixing and application, ensuring that the active ingredients remain evenly distributed throughout the application process. The suspension concentrate form is especially beneficial in situations where precise application rates are crucial, providing farmers with greater control over their herbicide use. As more farmers adopt precision agriculture techniques, the demand for suspension concentrates is likely to increase, contributing positively to market growth.

Water-Soluble Concentrate:

Water-soluble concentrates are ideal for situations where immediate availability of glufosinate ammonium is necessary. They dissolve easily in water, ensuring that the active ingredient can be uniformly distributed across the target area with minimal effort. This formulation is particularly favored for applications in irrigation systems and hydroponics, where efficient herbicide delivery is critical. The convenience and effectiveness of water-soluble concentrates make them an essential component of the herbicide market, particularly among those looking to integrate herbicide use with modern farming practices.

By Application

Herbicide:

The primary application of glufosinate ammonium is as a herbicide, where it acts to inhibit the growth of undesirable plants. Its effectiveness against a broad range of weeds makes it a preferred choice for many farmers aiming to maintain crop health and yield. Glufosinate ammonium exhibits a unique mode of action by blocking key physiological processes within the targeted weeds, leading to their eventual death. Additionally, it provides flexibility in application timing, allowing farmers to apply it pre-emergence or post-emergence, further enhancing its utility in various cropping systems.

Desiccant:

Glufosinate ammonium is also used as a desiccant to promote the drying of crops before harvest. This application is particularly beneficial for legumes and other crops where moisture content needs to be reduced for optimal harvesting and storage. By facilitating rapid moisture loss, glufosinate ammonium helps improve the quality and shelf-life of harvested produce. This dual functionality enhances its value in the agricultural sector, making it a versatile tool for crop management and post-harvest handling.

Defoliant:

As a defoliant, glufosinate ammonium aids in the controlled removal of leaves from plants, which can be crucial for specific harvesting processes or crop management strategies. This application is especially relevant in crops like cotton, where leaf removal can enhance the efficiency of mechanical harvesting and improve the quality of the cotton fibers. The ability of glufosinate ammonium to facilitate uniform defoliation positions it as a valuable component in crop management, helping farmers to optimize their harvesting methods and enhance overall productivity.

Regulator:

Glufosinate ammonium is also utilized as a plant growth regulator, where it plays a role in modifying plant growth patterns. This application can assist in controlling the height and structure of certain crops, which may lead to improved light penetration and overall yield. By influencing growth characteristics, glufosinate ammonium helps farmers achieve better crop management and quality, making it an important tool in precision agriculture practices. The increasing focus on optimizing plant growth and yield potential drives the adoption of glufosinate ammonium in this context.

Others:

In addition to its primary applications, glufosinate ammonium serves various other functions in agriculture, including pest management and soil health improvement. Its multifunctional nature allows for broader usage across different agricultural practices, catering to the diverse needs of farmers. The versatility of glufosinate ammonium in various roles enhances its market appeal, as agricultural professionals seek to integrate multiple solutions into their crop management strategies. This adaptability contributes to the sustained growth and relevance of glufosinate ammonium in the global agrochemical market.

By Distribution Channel

Online Stores:

The rise of e-commerce has significantly transformed the distribution landscape for agricultural products, including glufosinate ammonium. Online stores provide farmers with the convenience of purchasing herbicides and agrochemicals from the comfort of their homes, allowing for easy comparison of products and prices. This channel enables access to a wider variety of formulations and brands, thereby empowering farmers to make informed purchasing decisions. The growth of direct-to-consumer sales through online platforms is expected to continue, fostering competition and potentially driving down prices while enhancing availability.

Agricultural Supply Stores:

Agricultural supply stores remain a traditional yet vital distribution channel for glufosinate ammonium products. These stores offer farmers the opportunity to consult with knowledgeable staff who can provide insights into product selection and usage. The physical presence of agricultural supply stores allows for immediate access to products, which can be crucial during peak farming seasons when timely herbicide application is essential. The combination of product availability and expert advice makes agricultural supply stores a key player in the distribution of glufosinate ammonium, particularly in rural areas where online access may be limited.

Direct Sales:

Direct sales, often conducted by manufacturers or specialized distributors, offer a personalized approach to purchasing glufosinate ammonium. This channel allows for tailored solutions based on specific customer needs, fostering strong relationships between suppliers and farmers. Direct sales enable manufacturers to provide detailed product information, usage guidelines, and technical support, ensuring that customers have the knowledge necessary for effective application. This personalized service is particularly beneficial for large-scale farms that require customized herbicide solutions, contributing to the growth of this distribution channel.

Others:

Other distribution channels encompassing cooperatives, agricultural expos, and trade shows also play a role in the market for glufosinate ammonium. These venues provide opportunities for farmers to engage directly with suppliers, access educational resources, and discover new products. Additionally, cooperative buying models enable farmers to purchase in bulk, reducing costs while ensuring product availability. As such, these avenues complement the primary distribution channels, enhancing accessibility and promoting the adoption of glufosinate ammonium in various agricultural contexts.

By Ingredient Type

High Purity Glufosinate Ammonium:

High purity glufosinate ammonium is essential for applications demanding stringent quality standards, particularly in specialty crop production. This ingredient type ensures maximum efficacy with minimal impurities, making it ideal for use in sensitive agricultural environments. The high purity level enhances the performance of the herbicide, leading to better weed control and crop safety. The demand for high purity formulations is increasing as growers seek reliable solutions for managing resistant weed populations while maintaining product integrity. Consequently, this segment is poised for growth as more farmers recognize the benefits of using high purity glufosinate ammonium in their agricultural practices.

Technical Grade Glufosinate Ammonium:

Technical grade glufosinate ammonium serves as the foundational ingredient for formulating various end-use products. It is primarily utilized by manufacturers to develop herbicides, ensuring that the final products meet performance expectations. This ingredient type is characterized by its active herbicidal properties, which are crucial for effective weed management. The technical grade segment is essential for the supply chain, as it supports the production of diverse formulations tailored to different agricultural needs. As the market for glufosinate ammonium continues to expand, the technical grade segment will play a vital role in sustaining product development and innovation.

Agricultural Grade Glufosinate Ammonium:

Agricultural grade glufosinate ammonium is specifically formulated for use in commercial farming, ensuring compliance with agricultural standards and regulations. This grade balances efficacy and safety, making it suitable for direct application in various crop systems. Farmers prefer agricultural grade formulations due to their optimized performance in field conditions, enabling effective weed control with minimal environmental impact. This segment is expected to grow as more farmers adopt sustainable practices that align with regulatory frameworks and consumer preferences for environmentally friendly products.

Industrial Grade Glufosinate Ammonium:

Industrial grade glufosinate ammonium finds application beyond agriculture, catering to industries such as horticulture and landscaping. This grade is formulated to meet the specific needs of commercial operations that require effective herbicides for large-scale application. The industrial grade segment supports various non-agricultural uses, contributing to the overall market demand for glufosinate ammonium. As the need for effective weed management in urban landscapes and non-crop areas grows, the industrial grade segment is likely to expand, offering additional opportunities for suppliers.

Others:

The "Others" segment includes various niche formulations of glufosinate ammonium that cater to specific customer requirements or unique agricultural conditions. These formulations may include specialized blending techniques or tailored ingredient combinations that enhance performance in particular environments. The diversity within this segment allows manufacturers to address emerging challenges in agriculture, such as climate variability and pest resistance. By providing innovative solutions through this segment, the market for glufosinate ammonium can continue to evolve and adapt to the changing needs of farmers globally.

By Region

The North American region is expected to dominate the high concentration glufosinate ammonium market due to the extensive adoption of modern agricultural technologies and practices. The U.S. is the largest consumer of glufosinate ammonium, driven by the necessity of effective weed control in diverse crop systems. The region's robust agricultural infrastructure, coupled with the increasing prevalence of herbicide-resistant weeds, is propelling the demand for glufosinate ammonium. The North American market is projected to grow at a CAGR of approximately 4.5% during the forecast period, positioning it as a critical hub for the herbicide's usage.

In Europe, the market for high concentration glufosinate ammonium is also witnessing significant growth, supported by stringent regulations promoting sustainable agricultural practices. The adoption of biological and environmentally friendly solutions is driving the demand for glufosinate ammonium in this region. Countries such as Germany and France are leading in the use of glufosinate ammonium, focusing on integrated pest management strategies that emphasize the importance of herbicide efficiency while minimizing ecological impact. The European market is expected to experience steady growth, reflecting the region's commitment to sustainable agriculture solutions.

Opportunities

The high concentration glufosinate ammonium market is rife with opportunities, particularly in developing regions where agricultural practices are evolving rapidly. As nations seek to enhance food security and improve crop yields, the demand for effective herbicides is escalating. Farmers in these regions are increasingly adopting modern agricultural practices, creating a robust market for glufosinate ammonium as a reliable solution for weed management. The potential for growth in emerging economies is substantial, as governments and agricultural organizations invest in modern farming infrastructure and education, paving the way for increased adoption of advanced agrochemical products. Additionally, partnerships between manufacturers and local agricultural cooperatives could foster product awareness and accessibility, leading to greater market penetration.

Another promising opportunity lies in the continuous research and development of innovative formulations of glufosinate ammonium. As agricultural challenges evolve, such as climate change and pest resistance, the market can capitalize on creating new products tailored to specific crop types or geographies. Advancements in formulation technology could lead to more effective delivery systems, enhancing the performance and usability of glufosinate ammonium. Furthermore, the integration of precision agriculture technologies with herbicide application presents a unique opportunity for growth, as farmers seek to optimize their inputs for maximum efficiency and sustainability. The strategic focus on research-driven innovations will be vital in unlocking new market segments and enhancing the overall competitiveness of glufosinate ammonium products.

Threats

The high concentration glufosinate ammonium market faces several threats that could impact its growth trajectory. One of the primary concerns is the increasing regulatory scrutiny surrounding the use of agrochemicals, particularly herbicides. Governments and regulatory bodies worldwide are becoming more stringent in their assessments of chemical safety and environmental impact, which could lead to restrictions on the use of glufosinate ammonium or changes in its formulation requirements. As public awareness of environmental issues grows, there is a rising demand for organic and non-chemical alternatives, which may threaten the market for traditional herbicides. Manufacturers must remain vigilant and adapt to these changing regulatory landscapes to mitigate potential disruptions in market access.

Additionally, the persistent issue of herbicide resistance poses a significant threat to the effectiveness of glufosinate ammonium. As weed species adapt and develop resistance to commonly used herbicides, the efficacy of glufosinate ammonium may diminish over time, leading farmers to seek alternative solutions. This escalating resistance can undermine the market's growth potential and compel manufacturers to invest in research and development for new active ingredients or alternative strategies. Staying ahead of resistance trends and continuously innovating will be critical for maintaining relevance and competitiveness in the herbicide market.

Competitor Outlook

• BASF SE
• Syngenta AG
• Corteva Agriscience
• FMC Corporation
• ADAMA Agricultural Solutions Ltd.
• UPL Limited
• Nufarm Limited
• Sumitomo Chemical Company
• Bell Agro, LLC
• American Vanguard Corporation
• Kumho Petchem Co. Ltd.
• Sanonda Group
• Zhejiang Xinan Chemical Industrial Group Co., Ltd.
• Hanfeng Evergreen Inc.
• Novozymes A/S

The competitive landscape of the high concentration glufosinate ammonium market is characterized by a diverse range of players, each seeking to enhance their market position through innovation, strategic partnerships, and comprehensive product offerings. Major multinational corporations dominate the market, leveraging their extensive research and development capabilities to introduce novel formulations and improve existing products. Companies like BASF SE and Syngenta AG have established themselves as leaders, consistently investing in technological advancements and sustainability initiatives. Their commitment to developing environmentally friendly herbicide solutions aligns with the growing demand for sustainable agricultural practices, enabling them to capture a significant share of the market.

Moreover, regional players such as UPL Limited and FMC Corporation are increasingly gaining traction by focusing on specific agricultural needs and tailoring their products accordingly. These companies emphasize localized marketing strategies and partnerships with agricultural cooperatives to enhance product awareness and accessibility, particularly in emerging markets. Additionally, the collaboration between manufacturers and research institutions is fostering innovation, as companies seek to develop herbicides that address evolving challenges such as pest resistance and environmental sustainability. This collaborative approach is vital for maintaining competitiveness in the high concentration glufosinate ammonium market.

Key companies in the high concentration glufosinate ammonium market, such as Corteva Agriscience and Nufarm Limited, are also investing in sustainable product development, focusing on reducing the environmental impact of herbicide applications. Their commitment to corporate social responsibility and sustainability is resonating with consumers, leading to increased demand for their products. As the market continues to evolve, these companies are likely to play a pivotal role in shaping the future of herbicides, driving innovation, and responding to changing agricultural landscapes. Their proactive adaptation strategies coupled with a focus on sustainability will significantly influence the competitive dynamics of the high concentration glufosinate ammonium market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 BASF SE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Syngenta AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 UPL Limited
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Novozymes A/S
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Sanonda Group
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Bell Agro, LLC
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Nufarm Limited
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 FMC Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Corteva Agriscience
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Hanfeng Evergreen Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Kumho Petchem Co. Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Sumitomo Chemical Company
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 American Vanguard Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 ADAMA Agricultural Solutions Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Zhejiang Xinan Chemical Industrial Group Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 High Concentration Glufosinate Ammonium Market, By Application
    • 6.1.1 Herbicide
    • 6.1.2 Desiccant
    • 6.1.3 Defoliant
    • 6.1.4 Regulator
    • 6.1.5 Others
  • 6.2 High Concentration Glufosinate Ammonium Market, By Product Type
    • 6.2.1 Liquid Formulation
    • 6.2.2 Powder Formulation
    • 6.2.3 Emulsifiable Concentrate
    • 6.2.4 Suspension Concentrate
    • 6.2.5 Water-Soluble Concentrate
  • 6.3 High Concentration Glufosinate Ammonium Market, By Ingredient Type
    • 6.3.1 High Purity Glufosinate Ammonium
    • 6.3.2 Technical Grade Glufosinate Ammonium
    • 6.3.3 Agricultural Grade Glufosinate Ammonium
    • 6.3.4 Industrial Grade Glufosinate Ammonium
    • 6.3.5 Others
  • 6.4 High Concentration Glufosinate Ammonium Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Agricultural Supply Stores
    • 6.4.3 Direct Sales
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 High Concentration Glufosinate Ammonium Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global High Concentration Glufosinate Ammonium market is categorized based on

By Product Type

• Liquid Formulation
• Powder Formulation
• Emulsifiable Concentrate
• Suspension Concentrate
• Water-Soluble Concentrate

By Application

• Herbicide
• Desiccant
• Defoliant
• Regulator
• Others

By Distribution Channel

• Online Stores
• Agricultural Supply Stores
• Direct Sales
• Others

By Ingredient Type

• High Purity Glufosinate Ammonium
• Technical Grade Glufosinate Ammonium
• Agricultural Grade Glufosinate Ammonium
• Industrial Grade Glufosinate Ammonium
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• BASF SE
• Syngenta AG
• Corteva Agriscience
• FMC Corporation
• ADAMA Agricultural Solutions Ltd.
• UPL Limited
• Nufarm Limited
• Sumitomo Chemical Company
• Bell Agro, LLC
• American Vanguard Corporation
• Kumho Petchem Co. Ltd.
• Sanonda Group
• Zhejiang Xinan Chemical Industrial Group Co., Ltd.
• Hanfeng Evergreen Inc.
• Novozymes A/S