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Market Analysis and Insights: Global Paraquat Market
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 used to control weeds before and after planting in more than 100 crops and widely used in farms, plantations and estates and non-agricultural weed control, such as major food crops: corn, rice, soya, wheat, potatoes; major fruits: apples, oranges, bananas; beverages: coffee, tea, cocoa; and processed crops: cotton, oil palm, sugarcane, and rubber.
It is usually available as concentrated (20-24%) dark green solution. But in this report, the volume of paraquat is calculated by 42% TK.
Due to the COVID-19 pandemic, the global Paraquat market size is estimated to be worth US$ 87 million in 2022 and is forecast to a readjusted size of US$ 43 million by 2029 with a CAGR of -9.5% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Paraquat Aqueous Solution accounting for % of the Paraquat global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Farms segment is altered to an % CAGR throughout this forecast period.
The global paraquat market is led by China, America, Asia (Ex China), while the China is an important producer, accounting for 57% global production market share. At present, the major manufacturers of paraquat are concentrated in Nanjing Redsun, Syngenta, Shandong Luba Chemical, Hubei Sanonda. Nanjing Redsun is the world leader, holding 20% production market share.
Global Paraquat Scope and Market Size
The global Paraquat market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Paraquat market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Paraquat Aqueous Solution
Paraquat Soluble Granule
Paraquat Water Soluble Gel
Others
Segment by Application
Farms
Plantations and Estates
Non-agricultural Weed Control
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
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
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 used to control weeds before and after planting in more than 100 crops and widely used in farms, plantations and estates and non-agricultural weed control, such as major food crops: corn, rice, soya, wheat, potatoes; major fruits: apples, oranges, bananas; beverages: coffee, tea, cocoa; and processed crops: cotton, oil palm, sugarcane, and rubber.
It is usually available as concentrated (20-24%) dark green solution. But in this report, the volume of paraquat is calculated by 42% TK.
Due to the COVID-19 pandemic, the global Paraquat market size is estimated to be worth US$ 87 million in 2022 and is forecast to a readjusted size of US$ 43 million by 2029 with a CAGR of -9.5% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Paraquat Aqueous Solution accounting for % of the Paraquat global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Farms segment is altered to an % CAGR throughout this forecast period.
The global paraquat market is led by China, America, Asia (Ex China), while the China is an important producer, accounting for 57% global production market share. At present, the major manufacturers of paraquat are concentrated in Nanjing Redsun, Syngenta, Shandong Luba Chemical, Hubei Sanonda. Nanjing Redsun is the world leader, holding 20% production market share.
Global Paraquat Scope and Market Size
The global Paraquat market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Paraquat market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Paraquat Aqueous Solution
Paraquat Soluble Granule
Paraquat Water Soluble Gel
Others
Segment by Application
Farms
Plantations and Estates
Non-agricultural Weed Control
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
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
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