Global Paraquat Market Growth 2023-2029

Global Paraquat Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Paraquat Industry Forecast” looks at past sales and reviews total world Paraquat sales in 2022, providing a comprehensive analysis by region and market sector of projected Paraquat sales for 2023 through 2029. With Paraquat sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Paraquat industry.
This Insight Report provides a comprehensive analysis of the global Paraquat landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Paraquat portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Paraquat market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Paraquat and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Paraquat.
The global Paraquat market size is projected to grow from US$ 85 million in 2022 to US$ 41 million in 2029; it is expected to grow at a CAGR of 41 from 2023 to 2029.
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.
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.
Market Segmentation:
Segmentation by type
Paraquat Aqueous Solution
Paraquat Soluble Granule
Paraquat Water Soluble Gel
Others
Segmentation by application
Farms
Plantations and Estates
Non-agricultural Weed Control
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Paraquat market?
What factors are driving Paraquat market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Paraquat market opportunities vary by end market size?
How does Paraquat break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.