Paraquat is a highly toxic pesticide that is widely used as an herbicide (plant killer), primarily for weed and grass control. It is a toxic chemical which repeatedly causes damage to health and deaths among workers and farmers. So it is banned in Switzerland and the European Union, as well as some African and Asian countries.
Paraquat is banned in Switzerland and the European Union, as well as some African and Asian countries. It is restricted for use only by licensed technicians in the United States. In July, 2016, the production and use of paraquat in China is unavoidably banned from market. So the production of paraquat in recent years is decreasing.
In the past few years, the biggest export destinations for Chinese paraquat were Indonesia, Thailand, Brazil, Malaysia and Australia. In the future, global market is expected to witness significant decrease of production, so in the next few years, paraquat production will show a trend of steady decrease. In 2022 the production of paraquat is estimated to be paraquat 39.4 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
According to this study, over the next five years the Paraquat market will register a -9.7% CAGR in terms of revenue, the global market size will reach US$ 72 million by 2024, from US$ 130 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Paraquat business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Paraquat market by product type, application, key manufacturers and key regions and countries.
This study considers the Paraquat value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Paraquat Aqueous Solution
Paraquat Soluble Granule
Paraquat Water Soluble Gel
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Farms
Plantations and Estates
Non-agricultural Weed Control
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Nanjing Redsun
Syngenta
Shandong Luba Chemical
Hubei Sanonda
Willowood USA
Solera
Sinon Corporation
Shandong Lufeng
Kexin Biochemical
Zhejiang Yongnong
HuBei XianLong
HPM
Qiaochang Chemical
Shandong Dacheng
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Paraquat consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Paraquat market by identifying its various subsegments.
Focuses on the key global Paraquat manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Paraquat with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Paraquat submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Paraquat . Industry analysis & Market Report on Paraquat is a syndicated market report, published as Global Paraquat Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Paraquat market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.